Important Patreon Fee Changes (Patreon)
Content
There's been some controversy lately about Patreon's changes to their payment structure. If you're not already aware, essentially what's happening is that Patreon's fee-restructuring will end up making you pay a bit more than you were before. Here's the formula:
Pledge amount + 2.9% of pledge amount + $0.35 = Total payment
This new method of payment makes it a lot more of a financial burden for Patrons who are pledged in small amounts to multiple creators. Patreon's intent with this is to make the income of Creators more predictable.
What's my take on this? I think things were fine the way they were - Patreon has never been my primary source of income, but it is a significant part of what allows me to make a living off of making content on YouTube. It's more important to me that your financial situation is sound and comfortable rather than getting more money out of my Patrons, which I think is highly disingenuous.
Above all, please do not feel bad in any way if you choose to cancel or edit your pledge as a result of this - I will be fine either way! As I said previously, your financial situation is of paramount importance.
Thank you everyone for your continued support as we move through this change!
tl;dr: Patreon is changing their fee structure so you're paying a bit more so my income is more predictable. Please don't feel bad if you have to cancel or change your pledge because of this - your financial situation is more important than mine in this matter.