Crowdfunding can be an extremely effective way of raising capital, raising the profile of your business, or getting money for a personal or charitable cause.

Joel Hughes is the European Director at Indiegogo, one of the leading crowdfunding platforms in the world. He tells Bea about ways people to raise funds on Indiegogo and discusses the different types of crowdfunding. Bea also talks to Jackson, who has been using crowdfunding to raise funds for surgery he is not be able to pay for for himself.

For help, details of organisations offering information and support with the money-related issues discussed, are available at bbc.co.uk/actionline.

You can join the conversation with the hashtag #Money101Pod. Joel is Twitter @IGGJoel and Bea is @beaduncan_.

The host is Bea Duncan. The producer is Renay Richardson. The assistant producers are Bea Duncan and Rez Marino. This is a Broccoli Production for BBC Sounds.