A recent Forbes article discussed interesting new ways that adoptive parents could raise the money to pay for adoption procedures. Even as adoption increases in popularity in the United States, the costs associated with the process increase faster. Perspective adoptive families must pay attorney’s legal fees, fees for home studies, domestic infant adoption costs, private agency costs, inter adoptive agency costs, and a host of other costs depending specifically on the type of adoption occurring. The legal hurdles and unplanned events in an adoption can cause the rate to skyrocket past the already expensive standard that already exists. In response to the these costs, many Americans have had to come up with creative ways to raise the money for adoption.
Budgeting With a Vengeance
The term, “super budgeting” is used to described the intense way that many couples cut out excessive spending in order to save for adoption. Couples have moved out of apartments and into tiny homes in an effort to avoid expensive monthly rental rates and put the saved income toward adoption fees. One couple, the Morts of Pennsylvania, saved over 20 thousand dollars annually and placed it toward their adoption fees.
Picking Up Odd Jobs
Another couple seeking to adopt in Wyoming made headlines for picking up odd jobs for eight years before earning enough to pay for adoption. Jobs that can boost income are often available and the extra effort in completing them could all but pay for the adoption process. It has actually become frequent for perspective adoptive families to develop side businesses to fund adoption.
With the increase in popularity of crowdfunding sites like Go Fund Me, families have also been raising money for adoption through the intake of donations. The Beverlys of Minnesota raised 30 thousand dollars for the adoption of their youngest daughter by creating a crowdfunding account. These sites can be extremely beneficial for families and can allow money to be saved for the actual raising of the child.