Tuesday, March 1, 2011

Affording Adoption

I have had the opportunity to talk to several singles from all over the country who are hoping to adopt or who have adopted!  What holds many back is the cost of adoption.  According to a national report domestic infant adoption can cost between $20,000 and $50,000.  The total fees are dependent upon several different factors.  I know I was overwhelmed when I first learned of the cost.  But I just kept saving and worked as many extra jobs as I could including summer school and I tutored a LOT!! 

Look into any benefits your employer may have.  Some employers give adoption assistance.  My employer did not offere any assistance, however, I do have legal insurence through my work and this paid for 1/3 of my out of state lawyer fees and all of my instate legal fees.  I was only responsible for filing fees! 

So if you are thinking about adopting do not let money hold you back!!  Begin saving now!!  One way I found saving to be easier was I decided to put what I knew I would be paying in daycare each month into a special savings account!  This also helped me plan for this expense!  I also know people who have had fund raisers and who have written grants.  I applied for one grant but did not recieve it!  I reccomend googling adoption grants as they are constantly changing!    If you currently have no kids working a second job may be an option.  Like I mentioned, I worked summer school, the after school program and tutored!!  It was a great way to save!

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