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Saving for College One Step at a Time

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    Academy Award-winning actress Mira Sorvino on her campaign with UPromise, and saving for your child’s education.

  • Duration 3:29
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I mean -- -- -- -- Apple Stock to pay for college skits -- Hamas are hit an all time high but one programs actually trying to help.

I actually helping you save a little bit every day so funeral your credit or debit card with you promise you gearing cast back and put it towards college savings.

Academy Award winning actress UN goodwill ambassador and mother of -- -- -- soul Mira Sorvino -- teamed up with you promise she joins us now.

Here it thanks your view -- that's on this this is a huge issue for a ton of people you have or kids.

You've done well throughout your lifetime -- that be a little worried about the -- the college.

Definitely.

Because studies that show that between now when I had just had my baby -- -- five months ago.

And the time she turns seventeen.

And I have four children.

So it's time to take my -- out of the sand and start really seriously thinking about college even though no mommy wants to see her baby it leave for the company.

So you tell us you promise and you promises been around for awhile now mean I remember trying to sign up for -- -- back in it was kind of almost like we didn't know where the money was go away in -- -- -- -- a lot of concerns of course that it was just an information gathering thing but things could change right what now I know it's.

Think great it's a great easy way to save money on purchases the year already going to -- -- -- the USDA says that every family will spend 235000.

Dollars per child but she's seventeen just an ordinary.

Living costs not.

Educational costs so you might -- look at cash back on that and by going to you promise online and shopping with their online partners or.

Dining out through them or reserving travel through them.

You can save up to 10% back which goes into you promise account that they can cut your -- -- just give -- the cash.

Or you can then decide to open up.

They college savings account through Sallie Mae.

And half your money -- for you.

And it really is a good idea because you don't have to spend anything extra to do it you're already making these purchases if you're already buying diapers united eligibility -- -- -- and.

Target and Home Depot and you get grandma grant by sign up to write to them and they make a purchase.

A percentage goes into this you promise account that set aside -- you and you can music to pay for college pay off your loans.

The notion that -- just gonna kinda check back it doesn't have to necessarily go to -- let's.

It doesn't have to you can choose to do what you want with the money you can get the cash back if you want but the idea is and and this is big you know the slogan of the campaign -- You make a promise keep the pledge so the idea is to really think forward for your children's future because obviously college is so important a college education -- higher degree is so important today.

Apparently if -- 50% more likely to be.

Employed.

If you've got to college -- than those who do not have a college degree and on average are gonna earn a million dollars more in your lifetime and someone without one.

So you know right now you promise is doing this great initiative where they're going to give.

One free ride to college.

A 150 -- -- -- equal.

If you out and a sentence -- the -- saying now on November 3 rates yet well on the website sign up you'll be eligible for a three constellation.

You and I both put a lot of weight on our -- degrees so I hope the rest of the world does go check it out.

You promise outcome the issue -- you know thank you very much for taking a -- of you -- -- -- on your fort.

Holy saint Peter -- craziness happening saving now hot authority the law.