Friday, April 24, 2009

College savings failure



Sometime after my son was born, I got roped into signing up with Upromise. Every time my husband or I go to Publix now, we faithfully hand over the reward card to the friendly cashier to scan and record any possible kickbacks from what we purchased.

Two and a half years later, we've earned a whopping 91 cents.

OK, I get it -- we're not buying a lot of the stuff that is taking part in the Upromise program.

But then I get this e-mail showing just how poorly we are shopping. (Son 15 years from now: "Mom, why didn't you buy more of that junk food that sends me to college?") To make it worse, the e-mail has to go and compare us to other good little college savers. (Upromise: "Why can't you be more like the so-and-so family?") Guilt and more guilt.

Maybe eventually I'll catch up and Upromise will help pay for a few semesters of books. All I can say is hallelujah for our 529 plan.

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11 Comments:

Blogger Melissa said...

Wow....what a disappointment, huh?? And they ALWAYS make it sound like that Upromise is such a good thin.... glad I read your post before I ran out to my local Publix and enrolled (which we have considered!!

April 24, 2009 1:09 AM  
Blogger Lauren said...

Wow, being guilted by a voluntary program!! My second child doesn't even have a college fund yet. And the first one only has enough to buy books for one class!

April 24, 2009 7:09 AM  
Blogger Heather said...

I'm sure my account is just as paltry and I started it when M was born. Of course there are no longer any participating stores in our city so there's that I suppose.

Oh well. Bad Mommy again.

April 24, 2009 9:06 AM  
Blogger Emily said...

Don't worry...our upromise saving is more measly than yours! Amen for 529!

April 24, 2009 9:52 AM  
Blogger Alex the Girl said...

Saving for college vs. life

Life wins everytime, gah. I can't get a foothold into saving for college no matter how hard I try!

April 24, 2009 2:58 PM  
Blogger Krystyn said...

Amen to the 529 is right...our upromise is a joke!

PS Got the B&N giftcard in the mail today...thanks so much:)

April 24, 2009 8:05 PM  
Anonymous chelle said...

Funny how the participating products are the junk food. Way to rope poor people into eating worse.

April 24, 2009 8:21 PM  
Blogger Nicole said...

My Upromise account is pretty pathetic, too. And I have 3 kids I'm supposed to be saving for.

I always feel so excited when I buy a big ticket item at Bed, Bath, and Beyond because I get money back there-but then I always forget to tell them to run my debit as a credit and then end up getting no points at all. But, at least I have a new vacuum.

April 25, 2009 1:12 AM  
Blogger Carrie and Troy Keiser said...

hummmmmmmmmmmmmmm

April 25, 2009 1:23 PM  
Anonymous Mrsbear said...

We have prepaid college for all four of the kids, if we were banking on UPromise, even if they combined their efforts they wouldn't even be able to buy a bag of Doritos...

April 27, 2009 11:01 AM  
Blogger Tere said...

After 4 years, I'm up to a whopping $2.31!

May 5, 2009 10:18 PM  

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