I don’t think I’ve mentioned lately how much I love Hadassah Damien, curator / writer / technologist / activist and “femme punk big sister of financial real talk” over at Ride Free Fearless Money.
One of the coolest things on her site is a really thorough explanation of how to charge on a sliding scale… also known as letting people pay what they can, within a set of boundaries, such that the people who pay more essentially cover the costs of the people who pay less.
Hadassah goes into detail on:
- Why a business or organization that charges for events, services, or even goods might consider using a sliding scale (because: colonial capitalism!);
- How to set up a sliding scale pricing system that won’t compromise your business’s financial sustainability; and
- How to guide your customers toward the most appropriate end of the your sliding scale.
To that last point, she also just released a new-and-improved version of her own sliding scale fee guidance chart:
If you’ve ever been tempted to use a sliding scale for your business or organization, I highly recommend checking out the very useful resources Hadassah has compiled! Better yet, sign up for her newsletter for a regular dose of “nerdery and hustlerdom” (eg awesome money tips, ideas for hacking capitalism, and ways to hustle).
Thanks for the inspiration, Hadassah! ❤