Crowdfunding to Pay for Fertility Treatments?

Crowdfunding to Pay for Fertility Treatments?

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Crowdfunding is really all the rage these days. People are using crowdfunding to raise money for everything from movie projects to clothes for needy children, to wacky inventions, and everything else you could think of in between!

Now, some couples are turning to crowdfunding as a way to raise money for their fertility treatments! Is it legal? Is it moral? Is it safe? Would you do it? Today we explore those questions and more as we look into this new trend of turning to the crowd for fertility treatment funds! Claim Your 20 Free Pregnancy Tests – Click Here

Why Choose Crowdfunding?

Simply put, crowdfunding a couple’s fertility treatment costs can help them to offset what could otherwise be a very high price tag. IVF and other fertility treatments are incredibly expensive. So expensive, in fact, that the sheer price tag of fertility treatments often puts them out of the realm of possibility for many couples.

Now that crowdfunding is available, people from all over the world can donate to a cause that they deem fit.

Pros of Crowdfunding

There are many pros to the idea of crowdfunding your fertility treatments. It’s extremely easy to set up a crowdfunding website for any cause and can be done by anyone.

Crowdfunding can help connect you to friends and family members, even colleagues and acquaintances that might be interested in helping your cause. There are also usually a ton of donations that come in from complete strangers.

Your story might strike a chord with someone who has never met you or heard of your situation and just wants to help. Your story might also really touch someone who has struggled with fertility in the past or a charity group who would love to help.

If you can get your message and goal in the hands of enough people, you can quickly and easily reach your goal, and everyone can donate a small amount. Every small donation adds up, so getting your message out there is of great importance when you are crowdfunding.

Cons Of Crowdfunding

There are also a few cons to keep in mind when it comes to crowdfunding your fertility treatments. First of all, you are going to have to acknowledge that you will be giving up a bit of your privacy when you decide to go this route. As soon as your crowdfunding page goes live, everyone will know about your fertility struggles. This includes old high school friends, ex-girlfriends and ex-boyfriends, old bosses, new bosses, everyone.

Most people think of crowdfunding as connecting with strangers, but they don’t stop to think about the fact that everyone they know will be able to track their fertility journey as well. There are also some tax questions that arise when using crowdfunding, as to whether or not the funds raised will be tax deductible. Most Marketing experts agree that you should consult a tax professional on what to do regarding taxes and your crowdfunding money.

Crowdfunding is a new and exciting way for strangers and friends alike to come together to raise money for a common goal, and it can really be a great way to raise money for fertility treatments. If you are willing to accept the openness of the situation, it can be a great choice. Many couples have used crowdfunding in the past to help raise funds for adoption procedures, it is only natural that fertility treatments would be next to have their day in the sun!

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by Dr. Renee Hanton, MD
by Dr. Renee Hanton, MD | ConceiveEasy
Dr. Renee Hanton is ConceiveEasy's Senior Physician with expertise in the diagnosis and treatment of infertility. Dr. Hanton specializes in the endocrine causes of infertility, such as polycystic ovary syndrome (PCOS)