Comments on: Use Upromise to Save over $100 a Year for College by Doing Nothing http://www.fiscalgeek.com/2009/09/upromise-saving/#utm_source=rss&utm_medium=rss&utm_campaign=upromise-saving Personal Finance for Geeks from the Debt Snowball to Homemade Air Conditioners Thu, 09 Sep 2010 15:30:05 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: Rick Vaughnhttp://www.fiscalgeek.com/2009/09/upromise-saving/#comment-833 Rick Vaughn Sun, 06 Sep 2009 00:38:24 +0000 http://www.fiscalgeek.com/?p=857#comment-833 Sounds like a very good idea. Especially if you don't have kids yet this is a way to get started I will definitely have to look into this. .-= Rick Vaughn´s last blog ..<a href="http://thetruthofcredit.com/2009/09/please-be-smarter-than-i-wa/" rel="nofollow">Please be Smarter than I Was,College Students!</a> =-. Sounds like a very good idea. Especially if you don’t have kids yet this is a way to get started I will definitely have to look into this.
.-= Rick Vaughn´s last blog ..Please be Smarter than I Was,College Students! =-.

]]> By: paulhttp://www.fiscalgeek.com/2009/09/upromise-saving/#comment-826 paul Fri, 04 Sep 2009 15:21:26 +0000 http://www.fiscalgeek.com/?p=857#comment-826 a.b. I'm sorry to hear that, I actually have 529's setup for my kids through the Upromise program and they transfer it in there directly every quarter, their website sure makes it seem like they would easily transfer the money to your school loans. If this continues I'd love for you to send us an update so I can at least keep a what to look out for with Upromise section, I honestly have just been building money haven't had the opportunity to try and use it, everyone will have to tune back in 10 years for that :-). a.b. I’m sorry to hear that, I actually have 529′s setup for my kids through the Upromise program and they transfer it in there directly every quarter, their website sure makes it seem like they would easily transfer the money to your school loans. If this continues I’d love for you to send us an update so I can at least keep a what to look out for with Upromise section, I honestly have just been building money haven’t had the opportunity to try and use it, everyone will have to tune back in 10 years for that :-) .

]]> By: a.b.http://www.fiscalgeek.com/2009/09/upromise-saving/#comment-825 a.b. Fri, 04 Sep 2009 14:13:45 +0000 http://www.fiscalgeek.com/?p=857#comment-825 I've actually run into a couple problems with upromise. I've given them several chances to transfer the money to my husband's school loans (our version of investing) and it never happens. I'll probably end up writing them to withdraw the money and paying it myself, but there goes the convenience factor! .-= a.b.´s last blog ..<a href="http://www.moderntightwad.com/2009/09/personal-finance-and-passing-of-time.html" rel="nofollow">Personal Finance and The Passing of Time</a> =-. I’ve actually run into a couple problems with upromise. I’ve given them several chances to transfer the money to my husband’s school loans (our version of investing) and it never happens. I’ll probably end up writing them to withdraw the money and paying it myself, but there goes the convenience factor!
.-= a.b.´s last blog ..Personal Finance and The Passing of Time =-.

]]> By: paulhttp://www.fiscalgeek.com/2009/09/upromise-saving/#comment-821 paul Fri, 04 Sep 2009 00:40:30 +0000 http://www.fiscalgeek.com/?p=857#comment-821 You can get started even if you don't have kids, in fact you can use the money for your own college if you so desire. Direct from Upromise:Your earnings can be used for any educational purpose. You can use funds to pay for the classes you need to make a career change, to upgrade your skills, to get a certification, learn a language, or go back to school. Or you can contribute your earnings to a family member or friend's account to help them save and pay for college. If you plan to have a family in the future your contributions can remain in your Upromise account until that time - they don't expire like with other loyalty programs.And to your point Matt Upromise is a member of the TRUSTe Privacy Seal program and they state that they do not share member contact information with their partners. Here's their <a href="http://www.upromise.com/welcome/details/privacy" rel="nofollow">Privacy Statement</a>. You can get started even if you don’t have kids, in fact you can use the money for your own college if you so desire. Direct from Upromise:

Your earnings can be used for any educational purpose. You can use funds to pay for the classes you need to make a career change, to upgrade your skills, to get a certification, learn a language, or go back to school. Or you can contribute your earnings to a family member or friend’s account to help them save and pay for college. If you plan to have a family in the future your contributions can remain in your Upromise account until that time – they don’t expire like with other loyalty programs.

And to your point Matt Upromise is a member of the TRUSTe Privacy Seal program and they state that they do not share member contact information with their partners. Here’s their Privacy Statement.

]]> By: Matt Jabshttp://www.fiscalgeek.com/2009/09/upromise-saving/#comment-818 Matt Jabs Thu, 03 Sep 2009 20:40:40 +0000 http://www.fiscalgeek.com/?p=857#comment-818 I will look into what they do with my data (ie. do they sell it to marketing companies, etc). If I like what I find, I'll sign up... thanks for the testimony. .-= Matt Jabs´s last blog ..<a href="http://www.debtfreeadventure.com/2009/09/the-lending-club-2500-investor-giveaway/" rel="nofollow">The Lending Club $2,500 Investor Giveaway!</a> =-. I will look into what they do with my data (ie. do they sell it to marketing companies, etc). If I like what I find, I’ll sign up… thanks for the testimony.
.-= Matt Jabs´s last blog ..The Lending Club $2,500 Investor Giveaway! =-.

]]> By: ontheroadto1mhttp://www.fiscalgeek.com/2009/09/upromise-saving/#comment-817 ontheroadto1m Thu, 03 Sep 2009 20:16:49 +0000 http://www.fiscalgeek.com/?p=857#comment-817 Really interesting. I'd come across the program before -when I read Getting Loaded for my blog's review-, but had completely forgotten about it. I've got one question: what happens if you don't have kids but expect to have them in the future? Can you start saving from now? I seem to remember that the answer is yes, as they don't ask you to name a beneficiary straight away, but I'm not 100% sure. .-= ontheroadto1m´s last blog ..<a href="http://ontheroadto1m.wordpress.com/2009/08/27/book-review-double-your-income-doing-what-you-love/" rel="nofollow">Book Review: Double Your Income Doing What You Love</a> =-. Really interesting. I’d come across the program before -when I read Getting Loaded for my blog’s review-, but had completely forgotten about it. I’ve got one question: what happens if you don’t have kids but expect to have them in the future? Can you start saving from now? I seem to remember that the answer is yes, as they don’t ask you to name a beneficiary straight away, but I’m not 100% sure.
.-= ontheroadto1m´s last blog ..Book Review: Double Your Income Doing What You Love =-.

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