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How to Fundraise and Save So That You Can Afford Adoption

Young couple saving up so they can afford adoptionTrying to afford adoption is a common worry among hopeful parents. There’s the home study fee, adoption professional’s fees, travel costs, and legal fees. And sometimes birth mother expenses. So what can you do?

Today, we’re giving you 5 useful and practical tips that you can start following today, to get you closer to your adoption!

1. Make responsible financial decisions

If you’re thinking about taking out a second mortgage or borrowing from your retirement fund, keep your adoption goals in mind. Speak with a financial planner or a relative or friend who’s financially savvy. If you make irresponsible financial decisions now, it’ll have a negative impact on your finances in the future.

2. Start cutting back

Before you ask other people to donate towards your adoption, start cutting back on the extras. Your “extras” might be daily trips to Starbucks, cable TV, dining out, or memberships that you don’t use often. Take some time to decide what’s actually essential. Then, you can use the money you were spending on those things to save up for your adoption.

3. Sell unneeded items

Start a collection of the stuff you don’t need or don’t use. Selling some of it might make you money! We’re thinking bigger items or a vintage collection of something. By selling these things, you’ll get more space for all the baby stuff, and you’ll make money so that you can afford adoption!

4. Consider taking a second job

Start working another job on the weekends or evenings, sell products on Etsy, or offer a service such as tutoring. But be wary of “pyramid schemes” which mean a lot of work for little payoff. If you do choose direct sales, check out the company’s reputation and ensure that it doesn’t require a lot of up-front investment from you.

5. Fundraise

Adoption fundraising can be very effective. To get ideas for your adoption fundraiser, check out Facebook groups or do a Google search. Some options are selling t-shirts, puzzle fundraisers, auctions, dinners, or yard sales. Connect with others who held successful adoption fundraisers in the Facebook groups, and copy what they did.

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