Comments on: College Money Tip #14: Upromise

By: Ryan @ IQ test

Ryan @ IQ test — Thu, 21 Jan 2010 19:18:59 +0000

I can’t believe that that is leget, but I guess it is. I am very interested. Great post.

By: upromisegirl

upromisegirl — Sun, 19 Apr 2009 02:37:24 +0000

Hey Stephanie, I work at upromise and if you do want a referral link where people can shop on your behalf and you get the credit, you can get it here: http://www.upromise.com/guestshopping

Thanks for the great blog post!
Follow us on twitter @upromise

By: Carnival of Twenty Something Finances: NCAA Final Four Edition 4/6/2009 | Weakonomi¢s

Mon, 06 Apr 2009 10:57:20 +0000

[...] presents College Money Tip #14: Upromise posted at Poorer Than [...]

By: Roger

Roger — Sat, 21 Mar 2009 19:04:16 +0000

True, true, putting the money for someone’s education in the name of someone other than the parent’s (whose ability to pay is considered by colleges) is a good idea, as well.

By: Stephanie

Stephanie — Sat, 21 Mar 2009 05:14:29 +0000

@Regina: my stupid loan debt, eh? Well, I’m not so sure my student loans are the “stupidest debt” I’ve ever incurred! heehee But I get what you’re saying. The advantage of my student loans is that they’re at a very low interest rate (they’re all federal loans), so mathematically, it might make sense to pay them off as slowly as possible, and focus on other goals in the meantime.

@Nate: I don’t have “referral links,” per say. I am a Upromise affiliate, so I do get a small kickback when people sign up through this website. I only use affiliate links for programs that I have used or would use personally. Upromise is in that category – my mom has been using it for my college savings since I was 14!

@Trevor: There are quite a few products. I believe the big tub of Tollhouse cookie dough is one? But don’t quote me on that! It tends to be big brand names that are affiliated with Upromise.

@Roger: Thanks for your input as well. I personally think that grandparents should be the ones to save for children’s education, because of the way that the financial aid process works. But that’s a whole ‘nother story, isn’t it?

By: Roger

Roger — Sat, 21 Mar 2009 02:44:32 +0000

It’s an interesting idea, and I didn’t realize that it could be used to pay off student debt (my only current debt). That definitely makes it much more useful to me. And I agree with Regina; focus on chipping away your student debt, before even thinking about helping as-yet unborn children. The less debt you have when you start having kids, the less trouble you’ll have when you do start having kids. (And it occurred to me that I just used the word ‘have’ four times in that last sentence.)

By: Trevor @ Financial Nut

Trevor @ Financial Nut — Sat, 21 Mar 2009 02:16:06 +0000

Very cool! Never heard of it before, but I’ll definitely look into it. Looks great. Are there really that many products our there that contribute?

By: Nate @ Debt-free Scholar

Nate @ Debt-free Scholar — Fri, 20 Mar 2009 21:33:49 +0000

Thanks for letting us know! Do you have a Upromise referral link?

Thanks,
Nate

By: Regina

Regina — Fri, 20 Mar 2009 21:02:13 +0000

You should definitely pay off your stupid loan debt before saving for your future child’s college education. One generation at a time!

By: Grant Baldwin

Grant Baldwin — Fri, 20 Mar 2009 12:36:05 +0000

I wasn’t familiar with UPromise…thanks for the heads up Stephanie!