I recently discovered that there is an active resale market for the Box Tops for Education found on many grocery store items -- and that they can be sold for almost their $0.10 value to schools. These are pretty easy to collect and to get hold of with a bit of effort. For those looking for a way to earn a little extra money on the side in their free time, this could be an option.
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Selling Box Tops for Education
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I have a problem with this.
1. The box tops are worth 10 cents to the school so anyone paying 10 cents or more just to turn around and give them to the school should just give the school the cash instead. It would save the school a lot of trouble. I know how involved it is for them to redeem them. It's a pain in the butt.
2. If you have a bunch of these that you don't need, donate them to a local school. They didn't cost you anything. Unless you are a Ferengi, not everything in life needs to be about making a profit (that's a Star Trek reference for the non-nerds out there).Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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When I first began writing it, I felt similarly, but the more I thought about it, I changed my mind. It's not like schools are losing out here. In fact, I would argue that if people sell them, they are much more likely to end up at a school since people have a self interest for saving them (earning a bit of money). My guess is that many people would simply throw them away otherwise since they haven't been donating them up to this point.Originally posted by disneysteve View PostI have a problem with this.
If you have a bunch of these that you don't need, donate them to a local school. They didn't cost you anything. Unless you are a Ferengi, not everything in life needs to be about making a profit (that's a Star Trek reference for the non-nerds out there).
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True, but if the person buying them is paying near (or even above) face value, what's the point? We collect these for our school but I wouldn't go pay 10 cents each for them on ebay, or even 8 cents. I would just donate the corresponding amount of cash to the school directly which would be a lot easier for everyone involved.Originally posted by jeffrey View PostI would argue that if people sell them, they are much more likely to end up at a schoolSteve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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That would be thinking logically about it and we know that many people aren't logical when it comes to this. Again, I would argue that the people that do buy these wouldn't donate the money to the school directly. They are doing it for alternative reasons -- helping their child's class win a prize, etc. They aren't willing to give the money to the school directly (even though it makes more sense and would be more helpful) because they are doing it for their kid. If it isn't going to help their kid, then they end up giving nothing.Originally posted by disneysteve View PostTrue, but if the person buying them is paying near (or even above) face value, what's the point? We collect these for our school but I wouldn't go pay 10 cents each for them on ebay, or even 8 cents. I would just donate the corresponding amount of cash to the school directly which would be a lot easier for everyone involved.
One could also argue that if they are buying for 8 cents and it gives 10 cents to the schools, they are giving 20% more with the same amount of money, but I highly doubt that any of them are thinking this way...
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Makes sense in a twisted sort of way.
Maybe I should stop giving the box tops to our school. Instead I'll sell them and donate the proceeds to the school. That way I'll actually be helping two schools. Plus since I'd be donating cash I could get a tax deduction which I don't get for donating box tops.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
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That's actually a very good idea and does help two schoolsOriginally posted by disneysteve View PostMakes sense in a twisted sort of way.
Maybe I should stop giving the box tops to our school. Instead I'll sell them and donate the proceeds to the school. That way I'll actually be helping two schools. Plus since I'd be donating cash I could get a tax deduction which I don't get for donating box tops.
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