Earn Shares of Your Favorite Company by Shopping Like You Normally Would

Investing is a must when it comes to reaching financial freedom as soon as possible. Given that the stock market has returned 10% annually on average over the past 30 years, it is difficult to envision not being invested in the market. As a comparison (after accounting for inflation), the stock market has beaten long-term government bonds by 4.4% and out-performed Gold by 5.6%. It is imperative to have some form of equity in your portfolio to take advantage of this return especially if compounded. Albert Einstein once called compound interest the 8th wonder of the world. Platforms such as M1 Finance have made investing for free accessible to consumers thereby changing the landscape of brokerage firms as we know it.
Bumped, an investing app is also revolutionizing the way we can acquire shares of our favorite stores and companies. Traditionally, you have to fund an account to purchase shares of a company. Bumped is a bit different – you get a free stock of the company when you purchase something from a brand you love like you normally would. As an example, a few days ago I bought a sandwich from Jack in the Box and I was awarded a fractional share of JACK on the Bumped app.

Bumped is a technology company based in Portland, Oregon. There are no fees when you use the Bumped app and fractional shares can be purchased. Some of the brands you can get awarded shares of are Jack in the Box, Starbucks, McDonalds, Walgreens, CVS, Olive Garden, Spotify, Netflix, Domino’s, AT&T, T-Mobile, Verizon, and Willamette Valley Vineyards.

To get started, you will have to download the Bumped app from the Apple store or Google Play store and install it on your phone. Then, you will have to link the app to the credit or debit card you will using to purchase from the brands you love. After you spend like you would at an affiliated store, Bumped will award you a fractional share of that company. It is that simple! I have been using the app for some months now and it easy to navigate and simple to use.


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