Cancer is one of the most dreaded diseases that human beings deal with now-a days. Although medical science has been able to come up with very early detection methods of cancer, it has not found a cure. There are various treatments that doctors use for cancer and these treatments are all improving day by day as more research is done on the disease. But medical science is nowhere close to removing the mortality risk from cancer.
At the same time, treating cancer is very expensive. Those who do not have medical insurance find it extremely difficult to fund treatment for cancer. They may try to take bank loans which they will pay back for years. Depletion of savings is another option that people who do not have medical insurance try. However, the advent of cyber culture and the explosion of online commerce has presented them with a new option: crowdfunding or medical fundraising.
Crowdfunding is the process by which many people contribute small amounts to a cause and achieve a large target amount. Crowdfunding has been a common method of funding treatment for a long time but has reached new levels of popularity thanks to the internet. There are plenty of crowdfunding platforms offering their services. Some of these ask for a service fee and some do not. The kind of platform you choose depends on your requirement. Since treating cancer is expensive, cancer crowdfunding has become very popular.
Leukemia is one of several blood cancers. It is essentially a cancer of the bone marrow that disturbs the production and lifespan of the red blood cells of the body due to the excess of white blood cells. Leukemia is likely to affect people over the age of 55 however, it can affect children too. In fact, leukemia is one of the most common cancer found in children. Children with leukemia need special treatment and care. People at risk of developing leukemia include smokers, carriers of HIV and HTLV-1, people who have been exposed to chemotherapy before. A common household product that has been correlated with incidences of leukemia is hair dye.
If you have been diagnosed with leukemia, your treatment would be decided by your doctor after a thorough examination. Depending on where you are being treated, your treatments costs can vary. Costs can range from anything between 2.5 lakhs and 20 lakhs. However, you need not shell the entire amount out of your own pockets. Similarly, if you do not have this amount, you can start crowdfunding for cancer treatment. It is easy and relatively simple. However, it will require a certain degree of persistence:
Start a fundraiser on a crowdfunding site of your choice. Make sure that your chosen platform provides you with a campaign manager. We recommend Impact Guru because of their diverse range of experience with cancer crowdfunding.
Once you have chosen your platform, you have to write your fundraiser. Make sure your fundraiser is clearly written and explains your problem to your audience. To substantiate your fundraiser, upload pictures of your medical documents and if possible a photograph of the patient. This gives credibility to your claims.
Have a team ready to back you up. These people will help you with publicizing your campaign. Your team will also help you with the day to day work of the campaign. Hence, they need to be dedicated.
If you think one fundraiser is not enough to raise the kind of money you are looking at, you might consider starting support fundraisers and asking others to share them. This way, you reach a greater number of people and have access to people from different social circles.
You should contact other survivors of the illness who are financially stable and hence, can contribute to your cause.
There are other ways to raise money for medical crowdfunding. However, this is a basic list with which you should begin. Remember that despite all the hard work, medical fundraising is still low risk and zero investment and therefore a good option.
Mistakes to Avoid While Taking a Home Loan
Borrowing a home loan and buying a home is a major financial investment and decision of our lives. It needs careful planning and analysis. You need to keep in mind various factors and conditions because this is a long term commitment. If you don’t examine every aspect carefully before taking the loan, you might end up getting inefficient services. So make sure you have chosen the best home loan policy for your house, we have enlisted below a few mistakes which you must avoid:
Not doing online research well
These days several banks offer home loan services. Often people don’t take the pains of doing research and finding out what other banks have to offer in this regard. Your base bank might provide you with good home loan services, but it’s always worthy to go around and see what other banks have to say about their policies. Take into consideration extra charges like property tax, rate of interest, serviceability, etc.
Not choosing an affordable loan amount
Never borrow more than your financial status permits. Before granting you the loan, banks will look into your income, the standard of living, and existing liabilities. But they don’t check your existing expenses. If your monthly expenses are already high, consider borrowing the loan later as you might not be able to afford the monthly EMI. Before you go ahead to borrow a specific amount, do a simple calculation. Consider all your fixed monthly expenditures and add the sum to the monthly EMI you have to pay to repay your loan. If the sum is too close to your monthly income, borrow a lesser amount of the loan from the bank. You can go for less expensive properties. Make sure your EMI is less than 45% of your monthly earning.
Not reading the home loan agreement
Before you sign the agreement, make sure you have gone through every clause of it. Often people don’t care to read the agreement before signing and face serious problems later. Many times bank officials skip certain points unintentionally. Read the agreement attentively to make sure you know where you are signing in. If you have any doubt, clarify them before signing. Even better, you can consult a professional home loan advisor Singapore who would provide you with meaningful insight in this regard.
To purchase your dream home, don’t forget to think about a major aspect of buying your home: a home loan. To make sure you enjoy your new home and a hassle-free repayment scheme, avoid making the above-mentioned mistakes.
5 most underrated cryptocurrencies
Cryptocurrency and crypto tools like a wallet, crypto tracker are becoming increasingly popular. Yet, there are still highly underrated coins.
Let’s discuss 5 of them!
1. Nano (NANO)
Nano is a project launched in 2015 which operated by the block-lattice technology. This architecture is unique to Nano and is an acrylic graph. The block-lattice consists of individual chains, account chains, that can be accessed and modified only by the owner.
Nano has been a highly successful project and its crypto coin NANO ranks #58 on CoinMarketCap.com with a market cap of $134 million. The current value of NANO is $1.01, however, it reached its all-time high of $37.62 in January last year.
The project has many advantageous qualities. The transactions on the network are instantaneous and free. Because of its unique architecture, the coin is scalable and also consumes much less energy than Bitcoin or any other crypto coin operating on the blockchain.
Zcash was founded in October 2016 with a mission to make cryptocurrency more private for users. After its launch, the ZEC cryptocurrency gained immense popularity and reached almost $6000.
Zcash is among the most secure crypto coins on the market. It provides users the opportunity to prove transactions for inspection purposes. It is the user’s choice to disclose the transactions.
Another good thing about the currency is its supply. With a total supply of nearly 7 million, the price of Zcash rises quickly and is a great potential investment. The ZEC coin has a market cap of almost $555 million ranking 24th. Its current price is $79.41.
3. Stellar Lumens
Stellar is a decentralized ledger for financial transactions. It was established in 2014 by the co-founder of Ripple and MtGox, Jed McCaleb. The network is also a smart contracts platform and its primary use is international transactions.
Stellar Lumens (XLM) is the native crypto coin of the Stellar network and is currently among the TOP 10 crypto coins. XLM hit its all-time high of $0.938 in January 2018. The crypto coin is now traded at $0.085 and has a market cap of $1.67 billion.
The Stellar network is backed by many established corporations around the world. It is also, in contrast to Ripple, highly decentralized. Compared to Bitcoin or Ether the transactions are also fast and cheap.
NEO was developed in 2014 to establish a smart economy, which integrates crypto coins and smart contracts. The ecosystem can be employed to create both decentralized applications and ICOs.
The NEO network applies the blockchain technology and digital identity as a way to digitize assets. The platform has numerous great projects and partnerships.
The NEO cryptocurrency has a market cap of $846.5 million ranking #17. The coin is trading at $12 and has a volume of $404 million. The all-time high for NEO was $196.85 reached after the Bitcoin bull run in late 2017.
ICON is a blockchain-based network that enables separate blockchains to cooperate. The ICON project is looking to reevaluate the definition of communities and establish an era of decentralization.
ICON has partnered with both corporations and the South Korean government. It is a blockchain-as-a-service platform which means that it makes easier for different establishments to make their blockchain without any hassles.
ICX, the project’s native token, ranks #40 with a market cap of $193 million. Its current price is $0.394 and, at its pinnacle, it was $12.64.
Even though these coins don’t get the attention that they deserve, the crypto market is still growing in popularity. If you want to join this market and become a successful investor, take a look at this cryptocurrency tracker guide.