The success rates of IVF differ by age range of the woman attempting pregnancy.
In Vitro Fertilization is commonly referred to as IVF and is the process of manual fertilization. The egg is harvested from the female and the sperm is donated by the male before it is combined in a laboratory dish. When the egg is fertilized by the sperm, making it viable, it is placed into the woman's uterus. The IVF process is an expensive one and putting together a personal saving plan utilizing short term investments will make that expense less stressful.
Instructions
1. Put together a monthly budget. Do not forget to add in savings for other things like emergencies or the down payment on a home. Also be sure to include payments on credit cards and loans. This will allow you to determine how much money you can put aside to save for IVF each month.
2. Research the interest rates your bank offers for savings accounts, money market accounts, money market funds and certificates of deposits which are also known as CDs. Then look into the interest rates that other banks offer for those same investments. You do not have to invest in all of these short term investment options, choose ones that offer the best interest rates.
3. Invest your money with the banking institution that is FDIC insured and that offers the highest interest rate. This ensures your money is safe and that you will get the largest return on your investment.
4. Do not remove interest earned from any of these investments from the accounts, this interest compounds increasing your savings.
