Saving for college is a challenge for many families. Sticking to a budget can also be a challenge. UPromise is an organization that helps you accomplish both.
Here’s how to save money and build a college fund with UPromise.com.
What Is UPromise?
UPromise is a shopping site that offers college savings by shopping through their service. When you shop via UPromise you receive college savings. It’s earned as a percentage of your total purchase. For example, if you spend $1000 at BestBuy via UPromise, 2% of that goes into your college savings account.
Everything from electronics to department stores is available via UPromise. Even eBay purchases receive UPromise discounts. There are more than 600 online stores, more than 8000 restaurants, and thousands of grocery and drugstores.
How Does UPromise Work?
The first step is to visit UPromise.com and sign up for an account. It’s free. You’ll provide basic information – such as your email address and an account name. You’ll also need to add beneficiaries. These are the people you’re saving college money for. And they don’t have to be your children. Anyone can open a UPromise account to save money for friends or family. And other people can contribute to your account.
Once you’ve signed up, the next step is to install the UPromise toolbar. This toolbar is great because it reminds you to use your UPromise account to save money. If you visit a website that UPromise represents, you’ll receive a notification that you can save money. It makes shopping and saving really easy.
Once you’ve signed up, be sure to let friends and family know you’re saving money for college.
How Can You Use the Money?
You can use UPromise savings to:
* Pay down a student loan. UPromise offers a transfer feature that enables you to transfer $25/quarter to a qualified student loan account
* Earn interest in a high-yield savings account
* Put toward a 529 account
* Or you can receive a check payment to apply toward college bills
If you’re looking for an easy way to save a few hundred to a few thousand dollars toward college, UPromise can help you out. It’s easy, it’s free and when it comes to college, every dollar you can save really helps. Visit UPromise.com today, sign up and start saving. It’s never too late!
Upromise – Start Your Kid’s College Savings Today – Join Now
