Automatic & Free College Savings with Upromise
For those who don’t know, I have three children who are currently 9, 6 & 5. This means my wife and I have three college educations to at least help with, if not pay for in full. It’s the least we can do for the joy and meaning our children have brought to our lives.
However paying for three college educations, even with in-state tuitions at public universities, is not going to be cheap. Because it’s going to be so incredibly expensive, I was immediately interested in Upromise, an easy and free way to save money for college educations. How it works is pretty simple. You register your credit and debit cards and select companies – quite a few actually – will put a percentage of your purchase in your Upromise account whenever you make a purchase at their store with a registered credit or debit card. You can also register your grocery store cards (Safeway, Fred Meyer, Albertsons, etc…) and when you buy selected items, which are marked with the Upromise logo on the shelf, a small amount will be deposited to your Upromise account. Easy as pie.
There is also a method of doing your online shipping through the Upromise website to get an even higher percentage of your purchases donated to your account but I haven’t tried that yet so can’t comment on it. Quite simply, this is a quick, easy and most importantly free way to help save for a college education for your children. Even if you don’t have children of your own, you can save the money for yourself, for future children or you can donate it to your nieces, nephews or grandchildren so sign up now! Upromise – Save money for college.