This morning, I come to you bearing news! On the 21st of September a notice was released by the leadership in Ireland pertaining to the status of Vietnam in regard to signing the Hague Convention. It read: Vietnam 'Ready to Sign up to Adoption Convention' It has emerged that following discussions between the Irish and Vietnamese Authorities, Vietnam is preparing to ratify the Hague Convention on inter-country adoption. The international agreement, which Ireland signed last year, is a system of co-operation among countries ensuring that adoptions take place in the best interests of the children concerned. Minister for Children, Frances Fitzgerald, who recently met the Vietnamese Ambassador, has expressed confidence that Vietnam will sign-up to the convention in the near future. This is great… [more]
While researching options for adoptive families who are in need of some kind of financial assistance for their adoption, I came across the following information. Military families who are adopting are entitled to adoption benefits! In all my research I had never seen this information, and wonder if it is widely publicized. So if any of you out there are military families, the following is for you. Full time members of the United States military are entitled to a one time adoption benefit. This benefit is available to married couples as well as singles and can apply to a single child or adoption or the adoption of a sibling set. A single child adoption may receive a benefit of up to $2000 and siblings may receive up… [more]
When it comes down to it, sometimes the only way to come up with the funds to pay for an adoption is to find a way to bring in more income. When childcare is involved and parents are already working full time jobs, this can seem impossible, but it can be done. Here are some ideas for bringing in more money to help pay for your adoption:
- Pick up extra hours and overtime hours at work.
- If you are in a position that you feel comfortable asking for a raise, do it. If you have been waiting for the perfect time to approach your boss, that time has arrived.
- Work a part time job or work seasonally for a retail store around the
Oh how I love ebay…and craigslist…and the trillions of other sites devoted to reselling gently used items at a profit to the seller. While raising money for Ella’s adoption I became pretty savvy about the ins and outs of reselling. It is labor intensive, but the rewards can be great. To get started reselling, be sure to train yourself on how to be a seller. There are many tutorials on ebay’s website for new sellers as well as message boards in the community section with plenty of people who can answer your questions. Familiarize yourself with the site that you will be selling on and you will be even more successful. Professional looking ebay templates can be found online for free and you can… [more]
We live in a world that is sinking in debt, however I strongly believe that not all debt is bad debt. If you own your own home and are financially secure, taking out a home equity loan with a low interest rate to finance your adoption seems like a wise move to me. Not only will you realize your dreams of becoming parents sooner than you would if you had the cash up front (and who of us just has tens of thousands of dollars laying around?!?!,) but it can also have tax benefits. There are also a handful of private adoption loans out there. Since these loans are unsecured, they often have high interest rates. Sometimes it could make better financial sense to use a low… [more]
Asking for money is never easy. It has the potential to hurt pride, bring up uncomfortable feelings and leave some people with a resentful taste in their mouth. However, families fundraising for adoption can certainly choose to let their financial needs be known. Letting friends, family and your community know about your situation is not necessarily “asking” for money, instead a better way to think of it may be “putting yourself out there to receive assistance.” I know of many adoptive families who have sent letters to those close to them expressing their adoption plans. Some letters included blurbs about the family’s efforts to raise funds for their adoption, thus letting those who want to help know how to do it. Family and friends may be eager… [more]
Money is something that weighs heavily on the minds of most adoptive parents. Not only do we need to be sure that we can financially support a child, we also must be able to come up with the means to finance the entire adoption process. Though it’s not always easy, it is certainly possible. Most of us are not wealthy but with some pounding of the pavement and careful scrutiny of our budgets, it is possible to make it work. I will be writing several posts this week; each covering a different area of fundraising for adoption. If you have any questions or comments along the way, please let me know. To be perfectly honest with you, I was discouraged when first researching grants for Ella’s adoption… [more]
One of the most common preconceived notions about adoption is that it is wildly expensive. The response I got most often from people finding out about our adoption plans was “Wow-that’s really expensive right? I could never afford it.” I certainly would not call the adoption process cheap, but I would call it doable. We are certainly not wealthy, but we found ways to be able to achieve our dream of adopting. I realize that everyone’s situation is different, but I hope some of what worked for us will help someone else. The very first step to affording adoption is to cut every non-necessary expense from your budget. No more eating out, going to the movies, extravagant shopping, et cetera. While this would… [more]