Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

The Financials of Infertility | Living Life Loving Us

The Financials of Infertility | Living Life Loving Us

FromFire Drill


The Financials of Infertility | Living Life Loving Us

FromFire Drill

ratings:
Length:
47 minutes
Released:
Aug 15, 2018
Format:
Podcast episode

Description

Jenny and Jimmy are the All-American couple. He was the hot firefighter that fell in love with the ER nurse.

Little did they know they were a little too average. Jenny and Jimmy are part of the statistics in America on infertility. They didn't realize how hard it was going to be to conceive. After a long and expensive struggle, they were rewarded with a bouncing baby girl.

We were lucky enough to have them on the podcast to talk about their experience with IVF. If you or someone you know struggles with infertility, Jenny and Jimmy gave us some great advice on how to cover the cost of IVF.

We also chat about...

How they met
how they paid off $120k in debt
Jenny's side hustles

Enjoy this chat with Jenny & Jimmy, and please subscribe to us in iTunes if you enjoyed it!

Show notes and links from today's episode

MOST VALUABLE IVF RESOURCE
Infertility grants/scholarship list
Their Twitter
Their AH-MAZING Instagram!
Jenny and Jimmy's blog

Key takeaways from our chat with Jenny & Jimmy
1 - Don't ignore your body
Get things checked out! Even if you're nervous. You should go because you're nervous! If you have a feeling something is wrong, go get it checked out.

Jenny and Jimmy knew things were going to be a little funky, but they didn't know how bad they were going to be. They started investigating and discovered they needed to start trying to have kids right away.
2 - Cashflow when you can
Check your insurance plan to see what is covered and what isn't. 15 states require IVF coverage, so you've got a decent shot at having at least part of it covered.

If it's not covered by insurance, they recommend cash flowing when you possibly can and only taking on debt when you absolutely have to. Try to negotiate the price of services or find a cheaper source for the drugs.
3 - Find infertility scholarships
Some large companies offer grants for infertility treatments. There are also non-profits out there that give out grants. They vary from year to year and in amount, so you might have to resubmit for the same thing and it might be different. You might have to fill out a bunch of paperwork, tell your story, and prove you have a legit medical need, but it would be so worth it. It might only be $5,000 but when your total bill is $90,000..... anything helps.
Questions? Like or dislike? Leave us a comment!
Want to support the podcast? Here are three things you can do.
1. Start tracking your net worth with Personal Capital using our link. It's free.
2. Subscribe to our YouTube Channel and get one extra LIVE episode from us per week.
3. Join our Facebook group and connect with other members of the FI community.
 
Released:
Aug 15, 2018
Format:
Podcast episode

Titles in the series (97)

Join host Julie Berninger on FIRE Drill podcast where she interviews guests with epic side hustles, real estate investors, early retirees, online business owners, and other inspiring people rocking financial independence. All things Early Retirement are broken down into simple, actionable steps for the average person. Step up your money game and renew your money philosophy with Fire Drill podcast.