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The Kidira Foundation
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Recent News

2/2/2010: Nationwide college tuition on the rise: It's kind of a perfect storm for students...referring to the double whammy of tuition hikes and threatened cuts in financial aid

2/1/2010: Parents, students on edge over soaring tuition: Tuition has been trending upward for years...The College Board says families are paying about $172 to $1,096 more in tuition and fees this school year. The national average for 2009-2010 is about $7,020...

2/1/2010: Website Offers Cutting Critique of Cal Tuition Hikes: Students are attempting to put faces and real stories to the tuition hikes and cutbacks by chronicling the impacts on a new website, Californiacuts.org

1/12/2010: Family investing after the recession: It all starts with saving. The earlier you do it the better...You could get a nasty surprise 18 years from now because the college would give less aid if you get the 529 plan.

more...

What Others Are Saying

IRAs for Kids?: Not only will modest contributions add up to significant savings...but it's also a way to teach your child an invaluable lesson - one he or she isn't likely to learn in school. - Smart Money

IRAs for Kids: It will only take a few seconds for you to realize how powerful this can be for your child's investing and financial future. - Motley Fool

Start your kids on the Roth road: ...a Roth IRA offers the greatest opportunity for growth because the money grows tax-free. Kids don't need the deferred taxes feature of a traditional IRA because they're probably not paying taxes. - Bankrate.com

Why Your Kids Need a Roth IRA: Looking for the perfect gift for your children? Open a Roth for them, and start them on the road to retirement security. - Kiplinger

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Help

Below are some topics and answers that can help you better understand what we do at The Kidira Foundation. If you still have further questions, please e-mail us at: help@kidira.org

General

How does this work?
This concept is simple. Kidira pays students to market its stores. As people shop, a portion of their purchases will be paid to the shopper's designated student(s).

Membership

How much does it cost to sign up?
Signing up now is free for all users. Kidira may charge fees for accounts in the future, however to reward loyal customers, all memberships signed up prior to that date will never be charged a fee.

Opportunity

How much can I earn monthly?
The students' marketing efforts are compensated based on actual shopping volume. This amount can be greatly increased with each additional supporter enlisted. Click on the calculator icon to user our estimator to forecast possible outcomes.
[estimate monthly earnings estimate monthly earnings]

How much can I earn over time?
Because of their age, students are able to use one of most powerful financial instruments: time. Below is a chart that shows how much can be earned from now until a student is 18 years of age.

How much will college cost?
One of the main reasons to set up a Kid IRA is to help pay for college. To better understand how much college will cost, here is a useful calculator that tells you how much college will cost you.
[estimate your cost estimate your cost]

Why Start Now?
If you start today, your child can earn an extra $38,449 for college or up to $7,909,362 for retirement.
[estimate your extra estimate your extra by starting today]

Shopping

What is a Kidira store?
The Kidira Foundation has partnered with several well-known and up-and-coming stores to give our members the stability and flexibility to shop and contribute at the same time. To ensure your contributions, we recommend going to kidira.org and selecting one of the thousands of stores listed. Upon checkout, we will receive notice of your transaction and your contribution will be distributed to designated students in a timely fasion.

How much can I earn by shopping at a Kidira store?
The amount earned per purchase depends on the store which you are shopping. The base commission that can be earned is displayed next to the store names on Kidira. Below is a key to help you understand how much can be earned by students as you shop at these stores.

  • Percent (%) - A percentage up to this amount will be divided amongst the designated students
  • Flat - A flat fee up to this amount will be divided amongst designated students for a purchase at this store
  • Lead - A lead fee up to this amount will be divided amongst designated students for a submission at this store (Most leads are submitting forms and are usually at no cost)

Account

How do I get paid?
With Kidira, all monies are payed directly to the student on a monthly basis as W-2 income. To keep costs low, we have a $50 minimum balance before funds can be sent. Funds will either be in a paper check format, or a direct deposit to the child's savings account.