Three Christmas Gifts to Give Your Children that Keep on Giving

Christmas Gifts For Children That Keep On Giving

Does your child need another toy this Christmas? If your children are anything like mine, they have far too many things in their room and in their lives. But, what are some Christmas gifts for children that last long after the holiday? We are a consumer nation, and that love of stuff bleeds over into our children’s lives as well. So, what type of present do you get for a child for the holidays that seems to have everything? Christmas Gifts that Keep On Giving It doesn’t help that times are tight and often Santa is broke this year. But, here are a few examples of Christmas gifts for children that will keep on giving to your kids long after the … Read more

What Is Upromise And Why You Need To Use It

The Benefits Of 529 College Savings Plans

Upromise - Join Now 125x125What is Upromise? Upromise is a service that helps individuals save money to pay for college or to pay down existing student loan debt.

The beauty of the program is that you save money for college by simply shopping at the normal stores you visit every day. Upromise was created in partnership with Sallie Mae and is designed to help save for education costs.

What Is Upromise?

It is not a college savings plan (like a 529 College Savings Plan). It does not see tax deferred growth. However, what the program does offer is a great way to save through partnerships with retailers. Similar to a cash back rewards card, this plan puts rewards from retailers into an account that you can use to save money for school or paying down current Sallie Mae serviced student loans.

How Upromise Works

fb-529-college-savings-plans-2Once you join Upromise, you simply have to shop at eligible retailers. You can shop online and get anywhere from 1$ to 25% back that is credited to your account. There are more than 600 online retailers, including Target and more, which will give you rewards.

Many stores link your Upromise account with your loyalty card. You can also get up to 8% back from participating restaurants when you pay with a credit card or debit card that you have registered on the Upromise website. There are over 8,000 restaurants to choose from including many nationwide chains like Subway.

Read more

The Benefits Of 529 College Savings Plans For Parents and Students

The Benefits Of 529 College Savings Plans

Paying back student loans can be somewhat of a strain. Therefore, if you are just now beginning your own family, you can’t help but consider the many ways you can provide for their college education.  One of the popular ways to save for college is by making use of a 529 College Savings Plan. The state plan provides an advantageous way to save for higher education and is designed so the saver has more control of his or her money. Types of 529 College Savings Accounts A 529 college plan features regular savings and prepaid plans. Prepaid plans permit you to buy tuition credits that can be used when your child begins college. 529 College Savings Plans, on the other … Read more