Post # 1
This is sort of a spin off from the GoFundMe thread that got me curious. Many there have expressed that they feel that IVF is not a “good” reason for a GFM page and that if the couple can’t afford IVF on their own, then they should save up or that they can’t really afford children. It’s not cheap, people may have emergency savings and all, but one round could be enough to wipe it out. So in the unfortunate event that you needed to come up with 15k, for IVF or anything else, how long would it take to save that up? Does that sway what you think about a GFM page for IVF?
Weird.. where’s the option for a poll…
Post # 2
pinkshoes: without making major lifestyle sacrifices, a year. With major lifestyle sacrifices, but still living comfortably, 6 months.
Post # 3
With FI it would take us about 5 months…by myself probably a year.
Post # 4
- Wedding: February 2013 - Mansion House at the MD Zoo
pinkshoes: I wouldn’t contribute to an IVF GoFundMe page, but then again I probably also wouldn’t give/lend money to a family member for IVF, adoption, etc. I really feel that if you don’t have some savings and money management skills before a kid comes along you’re going to be screw-ew-ewed once the baby shows up. Plus I’d be worried I’d missed my chance–people are only going to donate a ton of money to you once in your life, max, and what happens if IDK your house burns down or someone gets sick and can’t work or some other tragedy happens? (This may be slightly colored by the fact that I’m not all that fond of kids so spending $15,000 to obtain one seems like folly.)
Anyway, to answer your question, my DH and I saved (and spent) a bit over $15000 in around 8 months for our wedding. Our combined income at the time was between $80-90,000. It wasn’t super fun–very few happy hours, dinners out, new clothes, etc–but we maintained our friendships, didn’t kill one another, and got to have the big party we wanted without going into debt. And we (mostly I) are not all that good with money.
Post # 5
- Wedding: June 2012 - Franklin Plaza
It would take us 7-8 months to save up that much money and I would never set up a GFM page for something like that. It is our decision to go that route, and therefore it is our responsibility to save up the funds to make it happen. For me GFM is for something disastrous — a friend gets cancer and can’t pay their medical bills or someone’s house burns down and they lose everything. I would not contribute to an IVF GoFundMe page.
Post # 6
A close friend of mine will require IVF to conceive their much longed for baby. While I know they could afford to do it if they need to, that is a large expense. I would LOVE to contribute to an IVF fund if they ever chose to have one. Its already been a huge struggle for them, and if I could help in any way possible I would be overjoyed to.
Sometimes its not about whether or not a couple can afford to do it, its a way to show your support and help to make an unbearable situation a bit easier.
Post # 7
I forgot to answer the original question! By myself, likely a year. With DH, much faster.
Post # 8
I could take it from our savings now and not be affected. If I was starting from 0, being a grad student it would take awhile, but when we’re both working it takes about a year or so. I think it’s a personal decision to have kids and the parent’s responsibility to fund all things related to the children. If family/friends would like to donate something (i.e. baby showers) it should be up to them and be unprompted.
Post # 9
It takes me 2-3 months to save that much, but I am obviously not the norm.
My issue with these gofundme causes is when people use them to fundraise for things that are entirely optional – trips, unnecessary purchases, yes, even IVF. Having children is not a necessity, no matter how badly you want it. And children are expensive. If you can’t afford IVF without crowdsourcing, you probably aren’t financially ready for a child. People don’t like to hear that they aren’t ready for children though.
Post # 10
Hmm, you guys are somehow quick savers… If I save $250 per month and my husband saves $300 per month.. that would take us about 2 years and 3 months and wouldn’t affect our current spending habits much at all. If we scrimped and sacrificed we might whiddle that down to a year and a half realistically?
Post # 11
if I did it alone probably 2 years. husband and I both saving, about a year.
Post # 12
soontobeMrsBoo: Wow, if you can save 15k in just 8 months on 80-90k income, I’d say you guys are very good with money!
junkbee: That’s the arguement I just don’t understand. If you can’t afford to drop 15k on IVF, you can’t afford to have a child? Are you telling me that you really think that *everyone* that has a child has at least that in savings? People have children with a lot less than that saved and manage to do just fine, don’t they?
Post # 13
MissKayDee: I’m saying,right? Lol
it would take me years…that’s with my husband. Let’s just say 2.5 years maybe.
Post # 14
At the rate we save now, i.e. still living comfortably/can stand to give up some things but don’t, about 15 months.
If we needed it faster we’d have no problem cutting cable, selling my motorcycle, saving more each month from our paychecks, move to a smaller house depending how desparate, etc.
We started out together with nothing but our jobs since neither of our parents could help with anything. I paid for school myself and have some loans from it, he was in the military so has no school loans. We both have decent paying jobs now but it was a real struggle in college. So we’re just starting up!
Post # 15
pinkshoes: in our current living situation, assuming that all our debts were paid off we could save 15k in about 8 months – right now we can’t do that because we’re paying an obscene amount on debt.