We can now afford our adoption. Our families are amazing and wonderful, and "supportive" doesn't begin to cover it.
We are more than blessed.
My heart is racing. I've called and emailed (and left breathless, goofy, nonsensical messages in both places) our contact at the IAC (the agency we're using, I should elaborate on them perhaps....another time...) and am crossing my fingers that there is still room at this month's weekend intensive program (the next official step.)
Wow. We're actually moving forward to a moment that's off in the future, down the road wherein we become parents.
Baby steps. Eager eager baby steps. But we're moving forward nonetheless.
Breathlessly,
Melissa
PS Did I mention we love our families? I don't think I did...this is more than we could've ever hoped for. We never imagined. Wow. Whew. I'm so grateful.
Showing posts with label money. Show all posts
Showing posts with label money. Show all posts
Thursday, April 9, 2009
Money Trail (like Oregon Trail, but less fun, and no dysentery)
So we've had some amazing loans made to us by family members. Instead of being completely unsure where the heck all this money is going to come from, it's starting to materialize. We are insanely touched and grateful.
We're almost halfway to the goal...which is funny since none of it is actually our money, and that's what I wanted to address.
So some people know (and now anyone reading this does) that adoption is super mad expensive. There are a variety of adoption options (haha "adoption option"...like Conjunction Junction except more about getting babies than combining sentence parts...) and of course they all come with different price tags. Briefly (because I know most about what we're doing of course, as opposed to the various and sundry things we are NOT doing) here are some; foster care/adoption from social services is free...in fact, depending on the situation you could actually come out monetarily ahead with this option. You certainly don't pay anything, and you get a monthly stipend for the child until he/she is 18, and if he/she is a "special needs" child (this could be as severe as you're thinking, or as mild as ADHD or needing glasses) then you get grants and such from the government. Foreign adoption runs in the $20,000-$50,000 range. Independent or relative adoption can be anywhere from $5,000-$50,000, and agency adoption is $15,000-$50,000. Those numbers are based on my research and shouldn't be depended on, but can give you a basic range. Of course we've decided to go with agency adoption, and our expenses shouldn't top $20,000. They may even be as low as $18,000. Yeah, I know...I just said 18k was low. Perspective sure is a funny and shifting thing ain't it?
As I've said, we're borrowing the majority of that. We could certainly save up and have the cash on hand in a decent amount of time, but in my opinion even 6 months is just more time than I want to spend waiting. Mostly I feel that way because the process, once we actually start it officially, which we haven't yet, but that we're hoping to start either this month or in July, and... wait..what was I saying? Oh yeah, the process will take 12-18 months to complete, at least. So, we'll pay a crazy amount of money, do a ton of paper work, and then wait. Then we'll get picked, and we'll wait, then we'll get a baby. So from right now, my optimistic hope is that we'll have a child in 2 years tops. And that's optimistic. Could it happen faster? Indeed it does, sometimes. But realistically you can't set yourself up for that because it doesn't always happen that way. Thus, I'd rather not wait any longer than I have to to get officially started. Hurray for Hurry Up and Wait.
So we're borrowing, and we'll pay it off while we wait, and then... Then! Then, once we have our new son or daughter, and we're basking in the glow of parenthood (or, you know, wallowing in the stench of puked up formula and dirty diapers), we'll tell Uncle Sam that we spent X amount of dollars on our adoption, and he will GIVE US BACK up to $12,000. Then we'll tell Uncle North Carolina Sam that we spent N amount of dollars on adoption, and he will GIVE US BACK up to $6,000. (If you adopt a special needs child you get those full amounts regardless of how much you actually spent.) So, worst case scenario, that's when we pay back the loans we're taking out now. While it may seem insane to go into debt over this, that pay back at the end makes it seem less stupid. To me anyway.
So that's that. Going into debt for anything is often imprudent...and the stupid cliches that are all over adoption websites and literature that say some crap about how bringing home a baby is priceless (anyone else see a credit card commercial in there?) are annoying mostly because regardless of what you'd give to bring home your own precious son or daughter...if you don't have it, you don't have it. Regardless, it feels like this short lived debt just won't be that big of a deal in the end.
Remind me I said that when I'm paying the bills next month. :)
-Melissa
*The financial info above is all based on the research I've done, and the things I've been told by an adoption lawyer who I'm not paying (bless her heart, she totally could have charged someone for that kind of advice) and from the agencies we've interviewed. Disclaimer: Don't base anything other than a Trivial Pursuit win on this information.
We're almost halfway to the goal...which is funny since none of it is actually our money, and that's what I wanted to address.
So some people know (and now anyone reading this does) that adoption is super mad expensive. There are a variety of adoption options (haha "adoption option"...like Conjunction Junction except more about getting babies than combining sentence parts...) and of course they all come with different price tags. Briefly (because I know most about what we're doing of course, as opposed to the various and sundry things we are NOT doing) here are some; foster care/adoption from social services is free...in fact, depending on the situation you could actually come out monetarily ahead with this option. You certainly don't pay anything, and you get a monthly stipend for the child until he/she is 18, and if he/she is a "special needs" child (this could be as severe as you're thinking, or as mild as ADHD or needing glasses) then you get grants and such from the government. Foreign adoption runs in the $20,000-$50,000 range. Independent or relative adoption can be anywhere from $5,000-$50,000, and agency adoption is $15,000-$50,000. Those numbers are based on my research and shouldn't be depended on, but can give you a basic range. Of course we've decided to go with agency adoption, and our expenses shouldn't top $20,000. They may even be as low as $18,000. Yeah, I know...I just said 18k was low. Perspective sure is a funny and shifting thing ain't it?
As I've said, we're borrowing the majority of that. We could certainly save up and have the cash on hand in a decent amount of time, but in my opinion even 6 months is just more time than I want to spend waiting. Mostly I feel that way because the process, once we actually start it officially, which we haven't yet, but that we're hoping to start either this month or in July, and... wait..what was I saying? Oh yeah, the process will take 12-18 months to complete, at least. So, we'll pay a crazy amount of money, do a ton of paper work, and then wait. Then we'll get picked, and we'll wait, then we'll get a baby. So from right now, my optimistic hope is that we'll have a child in 2 years tops. And that's optimistic. Could it happen faster? Indeed it does, sometimes. But realistically you can't set yourself up for that because it doesn't always happen that way. Thus, I'd rather not wait any longer than I have to to get officially started. Hurray for Hurry Up and Wait.
So we're borrowing, and we'll pay it off while we wait, and then... Then! Then, once we have our new son or daughter, and we're basking in the glow of parenthood (or, you know, wallowing in the stench of puked up formula and dirty diapers), we'll tell Uncle Sam that we spent X amount of dollars on our adoption, and he will GIVE US BACK up to $12,000. Then we'll tell Uncle North Carolina Sam that we spent N amount of dollars on adoption, and he will GIVE US BACK up to $6,000. (If you adopt a special needs child you get those full amounts regardless of how much you actually spent.) So, worst case scenario, that's when we pay back the loans we're taking out now. While it may seem insane to go into debt over this, that pay back at the end makes it seem less stupid. To me anyway.
So that's that. Going into debt for anything is often imprudent...and the stupid cliches that are all over adoption websites and literature that say some crap about how bringing home a baby is priceless (anyone else see a credit card commercial in there?) are annoying mostly because regardless of what you'd give to bring home your own precious son or daughter...if you don't have it, you don't have it. Regardless, it feels like this short lived debt just won't be that big of a deal in the end.
Remind me I said that when I'm paying the bills next month. :)
-Melissa
*The financial info above is all based on the research I've done, and the things I've been told by an adoption lawyer who I'm not paying (bless her heart, she totally could have charged someone for that kind of advice) and from the agencies we've interviewed. Disclaimer: Don't base anything other than a Trivial Pursuit win on this information.
Monday, April 6, 2009
Roadblock
As I mentioned before, there are just so so many choices in this process. It is great to have such a level of control and to have so many options, but it also adds to the overwhelming nature of this situation.
We've been "deciding" for a while whether or not we were even prepared to start down this path. You consider all the difficulties, the length of the process, the extra challenges added to your life and that of your child. You consider the benefits of not going through medical procedures to get pregnant, the benefits to the child, the blessing you could be to a woman not yet ready to parent. You search your heart, and those of your family and close friends.
Then you decide. Yes. Yes, I want to adopt. We want to be parents. We want to welcome a child not born to us into our home and our hearts. We want to raise that child as our own, because she will be.
And you start researching how to make this happen, because you've spent all that time deciding it's what you wanted. And the truth falls square in your lap. It's one of the most expensive endeavors you've ever undertaken. And while that knowledge was somewhere in your mind during the process, it just wasn't at the forefront, because honestly, it's not that important. Except that it is. It's perhaps the most important part because without the money, there is no process. There are no homestudies, or agency marketing plans, no lawyers finalizing anything. Nothing.
So I think we've found an agency we like. I'll elaborate on that and the process of finding them, but for now we're stalled out. I have a couple of job prospects, and we're dotting our financial i's and crossing our financial t's in order to convince a bank that we're good for the money, but who knows if it'll be enough. It's a shame that money is so important because it's really just not.
-Melissa
*Editor's note...this post is not one where I'm trying to get pity or where I'm secretly hoping people will offer us money or anything like that. It's just where we are in this process, and I promised to share the process here on our blog.
Sunday, April 5, 2009
Background
Welcome to our new blog!
Our purpose here is to keep everyone posted on our adoption journey, and after it ends, on the progress of our little family. A pre-"mommy blog", if you will. Since we’ve asked our friends and family to join us on this journey (by way of asking for their help at http://smartraise.com/FilanowiczAdoptionFund ) we thought it would only be fair to include everyone in the process. Hopefully this won’t just be all mundane updates, but I’m not making any promises.
We have had a lot of support and been given some great advice. Of course our families have been amazing. Early on I was concerned that perhaps they wouldn’t feel comfortable with this. Not even close. Everyone acted like it was silly to even ask if this would be an issue. I know not every family is as loving and accepting as ours are…and that’s all the more reason I think our home and our family is worthy of being an “adoptive family”.
I know people are sometimes curious about what has lead us to choose adoption, but I don’t think it is so important to discuss how we came to be at this juncture. The fact is we want to have a family, and this is how we’ve chosen to make that happen. Are their other ways we could make this happen? Yes, there are, but ultimately this is the path that’s right for us. This is how it happens in our life story. At least so far as we’ve written it.
So, once we picked this path we started researching. We thought that we really wanted to adopt from foster care. Unfortunately we also really want to adopt a young child, and those things just aren’t super compatible. Not to mention we’re just not prepared to take care of a child and then have to return him to his family. Maybe later, when we have a child or two, and that piece of our puzzle is intact, maybe then we can open our hearts to be broken like that, but right now we just can’t.
That ruled out one kind of adoption, but left so many more still to choose from. That’s really what’s so hard about all of this…there are SO MANY choices. And, that’s great…and also overwhelming. We have decided not to adopt abroad at this time either. There are risks associated with adoption, regardless of where you adopt from. We weighed those risks, and decided that we felt more comfortable with the risks of a domestic adoption than those of a foreign adoption.
So that’s where we are. We’re working on figuring out the finances. We’re interviewing agencies and lawyers. We’re trying to figure out the path from here. All the while weighing in our hearts and minds all the myriad of other choices that come along with this journey. From this side of things it seems we have a mountain to climb, but I certainly don’t doubt that anything thrown at us will be worth it in the end. And, of course, I also know that this will be nothing compared to actually parenting a child. And I can’t wait.
Thanks for joining us. Thanks for your thoughts and prayers. Thanks for just listening. Thanks for asking how you can help. Thanks for signing up on our fundraising website. Thanks for everything.
-Melissa
Our purpose here is to keep everyone posted on our adoption journey, and after it ends, on the progress of our little family. A pre-"mommy blog", if you will. Since we’ve asked our friends and family to join us on this journey (by way of asking for their help at http://smartraise.com/
We have had a lot of support and been given some great advice. Of course our families have been amazing. Early on I was concerned that perhaps they wouldn’t feel comfortable with this. Not even close. Everyone acted like it was silly to even ask if this would be an issue. I know not every family is as loving and accepting as ours are…and that’s all the more reason I think our home and our family is worthy of being an “adoptive family”.
I know people are sometimes curious about what has lead us to choose adoption, but I don’t think it is so important to discuss how we came to be at this juncture. The fact is we want to have a family, and this is how we’ve chosen to make that happen. Are their other ways we could make this happen? Yes, there are, but ultimately this is the path that’s right for us. This is how it happens in our life story. At least so far as we’ve written it.
So, once we picked this path we started researching. We thought that we really wanted to adopt from foster care. Unfortunately we also really want to adopt a young child, and those things just aren’t super compatible. Not to mention we’re just not prepared to take care of a child and then have to return him to his family. Maybe later, when we have a child or two, and that piece of our puzzle is intact, maybe then we can open our hearts to be broken like that, but right now we just can’t.
That ruled out one kind of adoption, but left so many more still to choose from. That’s really what’s so hard about all of this…there are SO MANY choices. And, that’s great…and also overwhelming. We have decided not to adopt abroad at this time either. There are risks associated with adoption, regardless of where you adopt from. We weighed those risks, and decided that we felt more comfortable with the risks of a domestic adoption than those of a foreign adoption.
So that’s where we are. We’re working on figuring out the finances. We’re interviewing agencies and lawyers. We’re trying to figure out the path from here. All the while weighing in our hearts and minds all the myriad of other choices that come along with this journey. From this side of things it seems we have a mountain to climb, but I certainly don’t doubt that anything thrown at us will be worth it in the end. And, of course, I also know that this will be nothing compared to actually parenting a child. And I can’t wait.
Thanks for joining us. Thanks for your thoughts and prayers. Thanks for just listening. Thanks for asking how you can help. Thanks for signing up on our fundraising website. Thanks for everything.
-Melissa
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