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Upromise by Sallie Mae is running its Cash for College Sweepstakes through October 15, 2009. They are giving away a total of $25,000 to 5 lucky winners. Entering the contest is simple all you have to do is sign up for Upromise and then install their TurboSaver toolbar.

The Turbo Saver toolbar ensures you don’t miss out on any potential rewards when you are shopping online. It is compatible with Windows Internet Explorer 6, 7, and 8 on XP or Vista as well as on Firefox 2, 3, and 3.5 on XP, Vista, or Mac OS X. All the toolbar does is make sure you go through the Upromise links when you access a Upromise affiliated merchant online. You are thusly guaranteed to get your Upromise rewards for you purchase.

If you aren’t sure about what Upromise is or what it can do for you, check out my review of Upromise.

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It is Carnival Round up time again, the carnivals were stellar again this week as always, and nice enough to let me participate yet again. So if you haven’t checked them out yet stop by read the articles, and then tell all your friends how great mine were 😉

The Money Hacks Carnival was hosted at Consumer Boomer this week and my Post on Upromise actually made it as an editor’s pick.

The Carnival of Personal Finance was hosted at MoneyNing this week, it was the 200th one, man that thing , has been around hasn’t it.

StretchyDollar made a last minute scramble to get the Festival of Frugality up this week and did a stellar job, IMHO.

The Carnival of Twenty Something Finances was hold up at Your Money Relationship this week. I just had a thought, I can only participate in this carnival for a few more years… man I am getting old

The 3rd installment of the Carnival of Pecuniary Delights was hosted by the ever so frugal Miss Thrifty. It seems this carnival is really taking off so don’t forget to get your submissions in.

That is it for the week for me, I am hopefully going to take the boat out tomorrow and relax, for awhile. If you haven’t had a chance yet to read my first post in the Budgeting 101 series, check it out I am proud of it and it that takes a lot.

Photo: (Ishrona)

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Upromise is a way to help you save for college using your everyday purchases. You earn a percentage of cash for certain purchases made with the Upromise affiliates. These purchases can be made on a wide variety of in store items as well as on specific purchases made online or in restaurants.

How it works

Your money accumulates in your Upromise account and can be used pay down your/your childrens student loans, fund a 529, or be issued as a check for educational expenses.

There are three primary ways to save with Upromise shopping online, eating at member restaurants, and shopping for groceries.

Shopping Online

To make money shopping online you have to start out at the Upromise website and use their links to get to the affiliated vendors.  There is a large array of affiliate sites you can earn money from including (3%), 1800Flowers, Target (2%), Kohls(3%), and JCPenny(3%). I am writing this post on my brand new Netbook that I bought from where I earned 2% cashback on my purchase through Upromise. The key here is to remember to shop through the Upromise site, if you don’t start there you aren’t going to get any rewards.

Eating at Restaurants

Earning money by eating at member restaurants requires a little more trust from you the consumer. Upromise requires you register your credit card(s) with them so they can monitor for purchases at the specific restaurants.  I have gone ahead and done this and it worked out well for me because I made a little money by eating at a restaurant I wasn’t aware was on the list. You can find the restaurants in your area by visiting So Join Upromise and earn up to 8% of your bill in college savings rewards when you dine out at any of over 8,000 participating restaurants.


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