The Price of Parenthood: What It Takes to Adopt

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2 • 665 Ratings

🗓️ 15 June 2023

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The price of adoption can vary greatly — from under $1,000 to over $60,000. In this episode of our nerdy deep dive into the price of parenthood, Sean and Ronita explore the various avenues and expenses associated with adoption. A dad now in the adoption process shares his experiences, and a financial planner unpacks questions you should ask if you’re considering adoption. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Prime Video brings thrilling entertainment.
0:03.0	Watch Heavyweight Detective Breacher, Season 3 included with Prime.
0:07.0	Exactly how much danger is this job putting me in.
0:10.0	Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.
0:15.0	Did you have sex? Did you have sex?
0:17.0	Did you have sex last night?
0:19.0	Yes! And it was amazing!
0:23.0	Whatever you're into, it's right here.
0:25.3	Prime Video.
0:27.1	Click or tap the banner to find out more.
0:30.8	There are lots of ways to have a child, and all of them carry a price tag, including adoption.
0:37.3	But here's some perspective on that price tag.
0:39.8	It's not a small number, definitely.
0:42.1	But it's all relative, though, right?
0:43.5	Like, $40,000 is not a small chunk of change in any way should perform.
0:48.5	It's also about the average cost of a new car.
0:51.6	You know, so it's also not an exponential expense that people don't usually
0:55.2	deal with.
1:09.5	Welcome to NerdWallet Smart Money podcast. I'm Sean Piles.
1:12.6	And I'm Runeita Chothery Wade.
1:14.5	We're on to the second episode of our nerdy deep dive into the cost of parenthood.
1:18.9	Last episode, we looked at the price tag for having children no matter how they arrive in your family.
	...

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