“Crowdspending generates the money people need at the scale it takes to make the changes they want.” Founder Chris Norton
SANTA BARBARA, Cal. (PRWEB) September 17, 2015
Crowdspending is now live, and members will be freeing up money by switching their spending to get discounts and rebates on insurance and cellphone in the first of what will be a series of products from brand leaders available to all members, or the Crowd.
Crowdspending’s mission is to tip the power balance back towards those whose spending turns the wheels of the economy – the people.
Consumer spending adds up to 70 percent of the overall economy – vastly more than government and business combined. To harness this power, Crowdspending focuses members’ spending on one leading company in sectors such as insurance, cellphone, wireless and mortgages, making advertising and sales commissions unnecessary, to get members Bonuses every year in the form of better pricing and cash rebates.
Crowdspenders choose what to do with their Bonuses. Members can give direct to causes at the start, and will soon be able to fund start-ups, for profit ventures, new products and many other great ideas along the way. Or they can ask for some or all their money to be transferred into their personal bank accounts so that they can spend it as they please.
Founder, Chris Norton, says, “Unlike a crowdfunding platform, Crowdspending generates the money people need at the scale it takes to make the changes they want.”
The idea for Crowdspending came to Norton as a market based solution to the imbalance of power in America. He says, “In many instances, what the majority of Americans want is sidelined in favor of what lobbyists dictate, for example. The obvious solution is to put money in people’s hands so that they can organize and participate in America’s democratic system on a level playing field.”
As the number of members of Crowdspending grows and more of them switch to more products as they are added, Crowdspending has the capability to generate hundreds and even thousands of dollars for every household and millions and even billions of dollars every year for the Crowd.
Continues Norton, “Last year, American consumers spent around $10 trillion. Crowdspending, lets us use that money to make the changes we want. It all starts when members switch. One small act with the power to start a revolution.”