Diaper Fund

Pampers Swaddlers diapersOver the past two years, I’ve notice a steady increase in the number of Fat Pitch Financials readers who buy books from links on my site.  Amazon.com (AMZN) provides me with a small commission for each of those sales. At the end of each quarter, I receive a gift certificate to Amazon.com for my commissions.  Since my daughter was born and Amazon.com started Amazon Grocery, I have been using my gift certificates for Pampers Swaddlers diapersAmazon.com is the cheapest source of diapers I’ve found so far.

I’m dedicating all my Amazon.com sales to my daughter’s Diaper Fund.  To help me earn enough to keep the Diaper Fund cash flow positive, I’ve opened up the Fat Pitch Financials Store. I encourage you to browse my selection of top value investing books and other items investors might need and enjoy.

If I manage to generate enough revenue for the Diaper Fund to keep my daughter in diapers until she is potty trained, I’ll put the remainder into her college fund. To help kickstart her college fund, I’ve enrolled her into upromise.com.

Upromise is a rewards program that earns your child college money when you buy selected products using your grocery cards, shop online through the upromise.com website, use the Citi Bank Upromise credit card, or dine at one of the participating restaurants.

You can open up a 529 college savings plan through Upromise to help the rewards you earn grow. I found their New York State plan to be fairly low cost with its use of Vanguard Funds. I encourage you to sign up for upromise.com if you have young children or if you want to help someone in your family save for college. Heck, if neither situation applies to you, feel free to contact me and I’ll add you to my daughter’s friends and family list at Upromise.

4 thoughts on “Diaper Fund

  • February 6, 2007 at 11:14 pm

    Having enrolled in Upromise and using Amazon, I could probably get my son into college in the year 3050. Any other suggestions? I like the concept, but other methods will be needed to get there in the 6 years my son has.

  • February 7, 2007 at 12:15 am

    Hi Chris,

    Six years is a short amount of time. Focusing on reducing costs, increasing savings, and boosting your career income might be the best options for getting you son through college.

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