How to Afford Adoption

Drop us some Fan Mail. Thanks!What are some tried and true ways to afford adoption? In this episode, we talk with Julie Gumm, author of  You Can Adopt Without Debt: Creative Ways to Cover the Cost of Adoption. We cover ways to find “extra” money that you can put towards your adoption, ideas for increasing your savings, and reasons to be cautious about asking for donations to pay for an adoption.In this episode, we cover:How much do adoptions cost for families adopting in the US?Julie’s story of how they afforded to adoptWhat are the different options for paying for an adoption? Savings, second job, sell things, grants, fundraise, ask for money from family and friendsHow to effectively save money? - “Start with the money you already have”How long in advance do you need to start?Federal Adoption Tax Credit State Adoption Tax Credit, Adoption Employee BenefitsSecond job and freelance ideasDownside of adding additional work to your scheduleSelling items you have but don’t use much or don’t needFundraising to help pay for an adoption. Controversial in some adoption circlesDifference between offering a service or event vs. asking for moneyThings to be aware of when deciding on how to fundraise for adoption.  Dangers of oversharing your child’s story in order to raise moneyThis podcast is produced  by www.CreatingaFamily.org. We are a national non-profit with the mission to strengthen and inspire adoptive, foster & kinship parents and the professionals who support them. Creating a Family brings you the following trauma-informed, expert-based content:Weekly podcastsWeekly articles/blog postsResource pages on all aspects of family buildingPlease leave us a rating or review RateThisPodcast.com/creatingafamilySupport the showPlease leave us a rating or review.  This podcast is produced by www.CreatingaFamily.org. We are a national non-profit with the mission to strengthen and inspire adoptive, foster & kinship parents and the professionals who support them.Creating a Family brings you the following trauma-informed, expert-based content:Weekly podcastsWeekly articles/blog postsResource pages on all aspects of family building