Hard Money.

A weekly letter about how political campaigns actually raise money.Donor psychology, the math behind a finance plan, and the mistakes that cost candidates real money.

Free every Monday morning.

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The Off Year

The midterms end in 36 days. Then you have to tell your donors why your race matters.

Sept 2026
Strategy
6 min read

The Deferral

“Call me later” is only worth something if you walk away with a time.

Publishing Oct 5
Call time

The Hours

The number of hours matters. Showing up every week matters more.

Publishing Oct 12
Call time

The Number

Most finance plans are built backwards from what feels achievable. Here is how to build one from what the race actually costs.

Publishing Oct 19
Finance plans

The Treasurer

Most first time campaigns hand the job to whoever offers. The amended reports show up six months later.

Publishing Oct 26
Compliance

The February Race

Off cycle calendars break the assumptions most campaign budgets are built on. Chicago is the clearest example.

Publishing Nov 2
Finance plans

The Lost Eighteen Months

The number at the bottom is the easy part. The calendar that gets you there is where campaigns go wrong.

Publishing Nov 9
Finance plans

The Second Gift

Most campaigns spend to find new donors while the ones who already said yes go quiet. The second gift is cheaper than the first.

Publishing Nov 16
Donor strategy

Money is notgoing to raise itself.

If you are planning to be on the ballot, now is when the fundraising operation gets built.Tell us about your race.

Let’s talk