I’m sure some of you have heard me talk about GradSave before. GradSave is an online college savings registry which allows you to easily share your child's profile with friends and family, who can then gift directly to their college savings. You can link to a government approved 529 savings plan which is tax-free (like a 401k for kids) or use an already existing savings account. If you do not already have a college savings account set up, that's ok. You can still use GradSave to start saving right away. All funds in your GradSave account are held in an FDIC insured commercial account at Bank of America until it is redeemed to a linked account.
My children have a GradSave account because I realize how important it is to start saving early, but I also love GradSave for their many promotions, making it easy for a Mom like me to save while saving! Anytime they have a good deal or a fun promo I try and let you all in on it and here is the best deal they have ever offered.
Right now Living Social is offering a $50 GradSave gift card for only $24, that's a 52% savings! By purchasing your next GradSave gift card through Living Social you will not only be able to grab this fabulous deal but there is also an added bonus I wanted to let you in on. If you buy a gift card via Living Social, share the same deal with your friends and 3 people buy one, you get yours free!
With tuition costs doubling every ten years, GradSave is the perfect gift for your child, nieces, nephews, grand-kids, or even friends.
See my disclosure here