Crowdfunding is a global phenomenon brought on by the connectivity of the digital age. The model is not new – its like passing a donation hat around a small audience at a local music show where everyone throws in $5, except with crowd funding, that hat is passed to hundreds of people over a few days. The result is a large total donation with hundreds of small-amount backers. Funeral crowdfunding is especially effective, often inspiring entire communities to come together to help cover a family’s funeral expenses and in turn getting the funeral homes paid faster by financially struggling clients.
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