Million Dollar Baby???

Everyone has heard that adoption is expensive, and it is true! BUT it is not as expensive as people think. Most people think that adoption costs $50,000 and up! It is not that cut and dry. International adoption is much more costly than is domestic adoption. International adoptions do usually cost around $30,000 and vary depending on the country you are adopting from.

• The average cost of an adoption from Korea is about $38,000.
• The average cost of an adoption from Ethiopia is about $28,000.
• The average cost of an adoption from China is about $29,000.
• The average cost of an adoption from Russia is about $50,000.

The average domestic adoption costs around $5,000 to $40,000 depending on your state and the type of agency you go through. Most average people cannot afford either adoption method without fundraising, grants and finishing up with a loan. Ours is a domestic adoption. We are looking at our adoption costing around $15,000 total. We are currently in the process of fundraising. It is a slow climb for sure. To date we have raised $48.43, and we are VERY thankful to all of those who have contributed to our fundraiser by purchasing T-shirts.
There has in previous years been an adoption tax credit. In 2011, the credit was $13,360. In 2012, it was $12,650. The projection for 2013 is that the credit will only be $5,000 to $6,000 and only adoptions of special needs children will qualify. Needless to say, we can't count on the grant.  It way not even be there at all.

We are hoping to hold other fundraisers as time goes on. One mom told me that once we start fundraising don't stop till baby comes home. I can see where she was coming from, it just may take that long to get there!  lol  We are hoping to be able to completely fund our adoption, but in the end loans are available for the part we can't raise. It would just be better on us financially not to have a monthly loan payment due if possible.  

Through it all I still have this to say: It is all obviously a very slow go, but I know God has a plan in it. He set us on this path and He knows the roads He is leading us down. He already has it all figured out, and we just have to trust Him. He knows our finances better than we do, and He already has our checkbook balanced on this too. We know that because He called us to adoption that He will make the way for us. We have faith in that. Please continue to keep us in your thoughts and prayers.

God is not a man, that he should lie, nor a son of man, that he should change his mind. Does he speak and then not act? Does he promise and not fulfill? - Numbers 23:19

For no matter how many promises God has made, they are "Yes" in Christ. And so through him the "Amen" is spoken by us to the glory of God. - 2 Corinthians 1:20

Let us hold unswervingly to the hope we profess, for he who promised is faithful. - Hebrews 10:23

Praise the LORD, all you nations; extol him, all you peoples. For great is his love toward us,
and the faithfulness of the LORD endures forever. Praise the LORD. - Psalm 117 

Your word, O LORD, is eternal; it stands firm in the heavens. Your faithfulness continues through all generations; you established the earth, and it endures. - Psalm 119:89-90

If you would like to view our current fundraiser through Adoption Bug, you can do so by clicking on the link below.

http://adoptionbug.com/laramoreadoption/

Also if you have any ideas of future fundraisers we can do, we would love to hear from you!!
e-mail - crlaramore07@gmail.com

Facebook - https://www.facebook.com/christy.laramore

or comment below  :)

Credits: 

The Adoption Guide (http://www.theadoptionguide.com/)
Adoption.com (http://www.adoption.com/)
Image:
Matt's Financial Blog (http://matthewpdoyle.wordpress.com/)