Categories: Future Tech

Using the TippingCircle for Fund Raising

 

People are frugal, but at the same time, people are good and if you are like me who loves gifting, specially kids, and seeing the ultimate excitement on their face when he gets the thing he wished for, its like a kodak moment for everyone.

Instead of each one going with their frugality and purchasing small gifts, why not do this, everyone contributes and purchase the wishful item, it may even save some money, which could be used for something else.

Till now, what we tech savvies used to do is ping each other on whatsapp and facebook and converse to decide the gift and then one chosen person collects money from the social connections, in form of cash or net banking and then manages to place all the collected money properly into his account, and then he also needs to maintain how much was the actual expense and inform others.

Even though we are using technology, things aren’t that smooth, it does get hectic for the chosen person to collect, maintain and then go shop.

Using a bit of my internet savviness and searching for process smoothing solutions, in my case it was small fund raising for something in family, I came across this thing and created my own TippingBucket, its simple and sounds cute.

How it works?
  1. You sign up at TippingCircle.com.
  2. Create a TippingBucket – this will be linked to your paypal account.
  3. Share across your social networks.

Now the people in your social connections who contribute to your bucket, become a part of your TippingCircle, the money gets accumulated in your paypal account, which you can easily get in your bank account if you need. But this resolves the issue of collecting in different formats and maintaining.

The above gifting part was just one example, but if you understand you can use the TippingBucket to collect funds from your social connections for some seriously critical moments.

  • If there’s some medical issue in the family.
  • If someone in the family needs help with school or college expenses.
  • You are falling short of money for some important deal and need soon.
You need to be a contributor as well

Understand one thing having a tipping circle doesn’t mean only requesting and collecting tips, you also need to give back. When someone else is in need, contribute the best you can, this is how you can build beautiful and strong relations with your close ones and the ones in your social networks.

You might not have a million friends, may be not even thousands and hundreds, but what ever you have make sure you stand by them and they stand by you when in times of need, that’s what a social network is meant for.

The person who dances with you in the rain will most likely walk with you in the storm. – Anonymous

 

Suhail

Suhail is a Startup's guy, an Avid Blogger, Content Writer and Curator. Most of the time found sitting at a wooden desk with a Vaio Laptop and a phone on the side. Tweets awesome contents. You can catch him at his Twitter handle @NafkSuhail or on Email: suhail@nafk.net

Recent Posts

Why everything is a subscription now & what it means for your wallet

In the last decade, purchasing and accessing products and services have undergone a radical transformation.…

3 days ago

Mumbai students win big at robotics championship in Chicago, headed to world finals

In an exceptional achievement, Mumbai-based high school robotics team Sigma 9692 has won the prestigious…

3 days ago

Indian gaming shifts from audience to creator “given India’s mobile-first gaming capabilities”

The Indian gaming industry is sitting on an industry explosion in the near future as…

4 days ago

Transforming modern business operations: How Microsoft 365’s AI Integration is automating HR workflows & enhancing employee experiences

In today's fast-paced business world, when employee fulfillment and efficiency are crucial, technology has become…

4 days ago

Outbound & inbound: India attracts businesses from UK, China & US while expanding to Middle East

The Tech Panda takes a look at how India has been attracting foreign businesses from…

5 days ago

UPI value & volume surpass records in March

India’s digital payments ecosystem achieved a record high in March, with UPI transactions reaching INR24.77…

5 days ago