Starting a family is an exciting time – but an expensive one too! What if you need to add the cost of adoption into your budget?
It’s a sobering fact that adoption can cost up to $50,000 (no, that is not a misprint), and one that understandably causes many loving individuals and couples to make the painful decision to abandon their greatest wish.
But what if there was a way? What if you haven’t exhausted all possible avenues? What if the answer was staring you right in the face – the modern phenomenon that is crowdfunding .
Did you know that hundreds of couples and individuals are quietly, patiently and very successfully raising money to fund IVF treatments and adoption? By starting their campaigns as early as possible (even before going through the treatment or adoptive process), they are already prepared for bills before they even start to arrive. How much less stressful must that be?
So, how and when should you consider fundraising, if you are planning to adopt? Here are some questions that may help:
Am I emotionally ready to begin asking others to help?
Do I have a clear budget of costs and goals involved?
Are my finances stable?
Do I have the time to invest in running a fundraising campaign? At GoGetFunding.com , we recommend campaign owners spend a minimum of between 3 – 5 hours a week on their campaign (this includes emails, social media, working on your campaign appearance and updates, organising fundraising events and so on).
Do I have enough time to allow my campaign to grow and gather momentum? The longer your campaign is running, the better your chances of raising more funds, spreading the word further, and assessing your finances
Do I have the support of family or friends, who can help organise and motivate a campaign with me?
If you can say yes to most of the above, we believe you have a great chance of success.
Many couples ready to start a family will make sure their finances and general health are in good shape before trying to get pregnant. This is no different. You want the healthiest environment for your child, so while others may spend 9 months preparing for the arrival of their son or daughter, you are working towards making yours a reality too.
Traditionally, many people looked to remortgaging their property – which of course has become more difficult in recent times. Or, considered loans or maxing out their credit cards. Some downsized houses and sold cars and other material items to top their funding up. These are serious financial decisions that may not be available to everyone. And, we’re not even going to go into the additional stress this can add to a relationship!
So if you have everything to give – love, financial stability, protection, a home, but the one thing – the only thing – that is preventing you from opening your arms wide and welcoming your daughter or son into your life, and you into theirs, are the actual costs involved in adopting them, could crowdfunding be the answer for you, too?