Adoptive Families Blog

How to Get Financially Prepared for Adoption

Posted by Lifetime Adoption on April 11, 2019

Today's article comes to us from LendEDU.com, a website that helps consumers learn about more about financial products such as personal loans, credit cards, insurance products, and more. 

Throughout the United States, the National Council for Adoption (NCFA) estimates that nearly 100 million people have been impacted by adoption in some form or another. This could be one of the more than 110,000 children adopted each year or the parents, family members, or friends of parents who decide to add a member to their family squad. Adoption can be a beautiful experience for both the child and the family, but it comes with a variety of considerations, particularly on the financial side.

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Topics: Financial Assistance for Adoption, Adoption Fees, cost of adopting, afford to adopt, adoption financing, how to afford adoption, how much does it cost to adopt, employee adoption benefits, how much does adoption cost, affording adoption

How to Use a Loan to Pay for Your Adoption Expenses

Posted by Lifetime Adoption on January 9, 2019

Each year thousands of couples are able to realize the joy of parenthood through adoption. During the adoption process, fees are due for services like obtaining a home study, facilitating a match with a birth mother, and legal representation.

In addition to adoption fees, there are expenses such as the cost to create and print adoption profiles, hospital costs, birth-related expenses, and the costs associated with adoption travel (flights, fuel, lodging, etc.)

Fortunately, there are several financing and funding resources available, providing the route to adoption at a reasonable cost. Obtaining an adoption loan makes adoption feasible for many couples who wouldn't otherwise be able to afford it. With an adoption loan, you can typically enjoy access to the funds you need right away! Read More

Topics: Adoption Fees, cost of adopting, adoption financing, adoption loan, adoption loans, how to afford adoption, affording adoption

How Can Your Employer Help You Fund Your Adoption?

Posted by Lifetime Adoption on October 9, 2018

You might not realize it, but your employer might be able to help make your adoption a reality! More and more companies are starting to offer adoption benefits to their employees. Keep reading to discover how your employer might be able to help you fund your adoption!

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Topics: afford to adopt, how to afford adoption, fund my adoption, fund your adoption, employee adoption benefits, affording adoption

20 Effective Ways to Save Up for Your Adoption

Posted by Lifetime Adoption on August 8, 2018

When you’re trying to afford infant adoption, it’s important to cut costs and save money wherever you can. Lifetime Adoption suggests creating an adoption budget, and setting up a separate bank account specifically for adoption funds. Today, we’re sharing 20 effective ways that you can save up for your adoption:

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Topics: cost of adopting, adoption financing, how to afford adoption, fund an adoption, fund my adoption, fund your adoption, how much does adoption cost, why is adoption so expensive, affording adoption