Celebrate Your Graduates with Upromise! Easy Way to Start Saving for College

This post has been sponsored by Upromise by Sallie Mae in exchange for writing this review. Although this is a sponsored post, all opinions my own.

Do you have a graduate you are celebrating this Summer? Between Graduation parties, gifts and more it can get pricey. Especially when that graduate is heading to College!! A recent survey from Upromise by Sallie Mae shows 52% of parents wish they had started saving for their children’s college education sooner. I can only imagine (in fact… I should probably start now.).

Not only that but parents and students alike both said that money was the biggest stressor when it came to going away to college.

It’s important for parents and students to discuss their financial plan both going into college and post-grad. According to that same Upromise survey, about 65 percent of parents plan to support their children financially for up to five years, but even more surprisingly, the number of parents who plan to support their children financially for over five years jumped up to 17 percent from five percent in 2014. I think that is a good thing as the kids should be able to concentrate on their academics, but financially it does require planning.

Are you familiar with Upromise by Sallie Mae?

• Upromise is a free to join membership service that allows families to earn cash back for college through every day purchases.

• Upromise members can earn up to 5% cash back just by shopping with Upromise partners — that includes more than 850+ online stores and 10,000+ restaurants, grocery and drugstores. This includes many of your popular online retail places like Groupon, Macys, etc.

• In addition to saving 5% when shopping online, users can earn an additional 5% when shopping online with the Upromise MasterCard, totaling 10% cash back for college.

• When earning cashback through Upromise, be sure to go through Upromise.com to get to your favorite sites so your account is credited.

• To date, Upromise members have collectively earned more than $900 million and counting, helping families contribute to college tuition, expenses and loans. Members can allocate their cash back earnings in several ways to help plan, save and pay for college. Upromise members can:

• Transfer earnings to eligible 529 plans or high-yield savings accounts
• Apply earnings to eligible student loan repayment
• Request a check for cash for books and other expenses
• Split up earnings across multiple beneficiaries

• Graduation can be expensive for many families, so be sure to earn cashback for education when you shop through Upromise.com.  It’s the gift that keeps on giving!

This is something that you can start NOW, whether your child is in high school or preschool!

Upromise also has some great tips on their website on making it through graduation season without emptying your wallet, , including this article on Graduation Gifts on any Budget.