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Article #6: Creative Resources to Make Your Adoption Affordable

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The number one reason otherwise qualified same and mentioning Adoption Garage Sale.
families state for not moving forward in You might also make up flyers to pass
their adoption is because of funds. They around at church, local schools, and
are ready to love a child through work.
adoption, but are unable to adopt the " Adoption Grants - Though you may not be
child that they have always wanted due to aware of them, there are some grants that
money concerns. As sad as this is, we perhaps may help with some of the expense
faced the same thing 20 years ago and of adopting a child. Many of these grants
found if there is a will there is a way. will help cover international adoptions,
Adoptions can be expensive, running from or adoptions of special needs adoptions.
around $12,000 to $25,000 for home Most grants range from $2,000 - $5,000,
studies, agency fees, legal but can go much higher if you fit the
representation costs, facilitation fees requirements. Often, these grants are
and travel, among other items. What many need-based. Some are faith based - a list
people don't realize is that there are is included the book found online or you
alternatives for adoption funding. may request a copy from your library.
Most people don't think twice about offers grants for African American infant
signing loan papers for a car, but don't and older child adoptions to qualifying
want to do the same for an adoption. An adoptive parents
adoption will last longer than the car " Adoption Loans and Lines of Credit -
and give more joy over a lifetime. The Loan programs geared toward adoption are
following information is to help you find another alternative many prospective
a way to get started sooner than later adoptive parents are unaware of. An
and find a way to adopt no matter what adoption loan makes it possible to have
your financial situation is. the money needed to adopt a child now. It
Getting creative with funding is the key also allows you to repay the loan in
to financing the adoption you've been payments. A line of credit can be even
dreaming about. Working toward adding a better, as you only borrow when you need
child to your family may not be easy, but it. This is a great idea if you simply do
it will be well worth the effort taken to not have a large amount of cash on hand
find these resources. Some families are to fund an adoption, and payments would
finding through these suggestions they make adoption a great deal more
are able to adopt for free or for less affordable and allow you to get started
than they had ever expected. Remember you faster. You might also ask your parents
get out what you put in, so the more for a loan to help you adopt. Depending
research you do, the better you will be on the relationship, this might be the
at finding money for your adoption. best way to get started and then pay it
" Employer's adoption benefit - The first back. Visit they have more than one
thing you want to check into is your program and can also help families with
employee adoption benefit- this is less than perfect credit.
becoming more popular and more small and " Plan a Fundraiser, some families have
medium size companies are offering some successfully planned a Spaghetti Feed at
type of adoption credit for their their church. You might ask for donations
employees. For example, Verizon has a of food and plan a silent auction from
$10,000 adoption benefit, and Pepsi has a local businesses that want the extra
generous adoption benefit as well. Small exposure.
companies have found tax benefits to " Set up an "adoption walkathon" - ask
offering these adoption incentives to friends and family to pledge a dollar per
their benefit package - ask your Human mile to help bring your child or baby
Resource Dept for details. Or visit home through adoption.
Adoption-Friendly Workplace Program. They For any successful fundraiser, be sure to
offer free materials to help people contact the local press, including radio
advocate for adoption benefits in their stations for interviews and to post your
workplace. Call 877-777-4222 for details. event on and in flyers at local schools,
" The Federal Tax Credit is over $10,000. churches, businesses and remember to let
To learn more about this credit, visit friends and family members know.
for an audio interview with a Tax There are several ways to raise the money
Specialist explaining the details about needed for adoption if you are creative.
the adoption tax credit and what you can Having a yard sale or raising money
and can't deduct. Or, visit for forms. through online auctions may not seem like
" Savings- sounds simple, but you have to it would bring you a lot of help, but it
start somewhere and it will help motivate will. One mother I helped raised over
you to add to it. If you have made the $1,200 on one garage sale and over $2,500
decision to adopt, start saving money on her online auctions. Two hours per
right away; the sooner the better. Just night is all it takes to sell in online
cutting back on Starbucks lattes can help auctions. An exceptional amount can be
- at $5 a day you can stash enough to get raised if friends and family donate items
you started. to your cause. You might be surprised at
" Raising Money With Online Auctions - Go how the extra items can make a
through your garage, attic and house for difference. Any amount helps, and if you
treasures and unused items that you have still find yourself short of what you
stowed away and forgotten about. Ask need, there are grants and loans to help
friends for donations of items they don't you obtain the money you need.
want. Run a free ad to ask for donations Remember the tax credit and employer
for funding your adoption. Selling these benefits - these are the first to
online through auction can aid you in investigate.
raising a good amount of money. Try or With a little foresight and planning and
" Have a Yard Sale - Whatever you cannot the many adoption funding options
sell online, you may be able to sell at a available today, the average family has a
yard sale. Ask relatives and friends if chance to bring the light of love into
they have any old usable items that they their home with the adoption of a child.
can donate toward your "Adoption Yard Families are able to adopt for much less
Sale." Two hopeful adoptive mothers I than they might have thought. There are
know created banners to hang over their so many children out there that need the
garage - stating they were funding their warm and secure home you have to offer;
adoption and neighbors and other why not take advantage of every funding
community families donated boxes and also alternative available to you? Completing
bought at top dollar to help them. Be your family circle with an adoption will
sure to keep your signs all looking the soon be more than just a dream!






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