A Smart Way to Save For Your Child’s College Education

Projections say that by the year 2020, the cost of a four-year public college education will reach $115,000, while a four-year private college education will cost as much as $250,000. With financial aid sometimes hard to come by, most aid comes in the form of loans. Bottom line: a college education can be quite costly so you really need to start saving today. In fact, most financial planners say there’s no such thing as starting too early.

k; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">If you’re looking for an exciting, easy way to begin building a college nest egg, try Upromise, a college-savings accelerator that takes a percentage (usually 1 percent to 5 percent) of certain purchases you make and deposits the cash into an account designated for your kids. When you join Upromise for free, America's leading companies - like Citi(R), AT&T, GM and thousands more – give you a portion of your spending toward savings for college. It's a way for them to earn your loyalty - and it's a way for you to turn your everyday spending into college savings. And the earlier you start, the more you can save. Join free today, and let America's leading companies help bring you closer to your college savings goals.

k; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">Upromise has agreements with dozens of major companies so it’s really simple to save. The numbers are staggering: 15,000 grocery and drug stores, 16,000 gas stations, 10,000+ stores, and restaurants and 100+ leading online retailer so you can shop for products and services as usual while saving for college all the way.

At the Website you can also open up one of the new federal tax-free 529 college savings accounts. Included is information on the benefits of the plan, links to articles on the subject and an option to link an already existing 529 plan to your Upromise account.