### Built Rewards: The Innovative Program That Turns Rent into Rewards
In the bustling city of Cincinnati, Ohio, the Under 30 Summit recently played host to a fascinating discussion about a new approach to renting and financial rewards. The founder and CEO of Built Rewards, Encore Jane, took the stage to explain how this groundbreaking loyalty program is designed to help renters turn their monthly payments into valuable points and miles. For anyone who has ever grumbled about paying rent and receiving little in return, this program could be a breath of fresh air.
Built Rewards is the first loyalty program specifically targeting rent payments, enabling individuals to accumulate points for their spending. This is important because it allows renters to get something back for the money they are already spending on housing. Picture this: every time someone pays their rent, they are building towards exciting travel opportunities or even saving towards a future home mortgage. This is a big deal in a world where costs seem to skyrocket daily, making the dream of homeownership harder to achieve for many.
Jane pointed out a crucial shift in societal expectations about homeownership. In the past, having a house with a white picket fence was a symbol of success. Nowadays, many young people are realizing that renting may offer advantages like flexibility and fewer responsibilities. In fact, some renters appreciate the convenience of having someone else tackle repairs and maintenance. For those who still dream of their own home, Built Rewards aims to bridge the gap by rewarding responsible renters with perks that can assist in the future, whether that’s through travel or saving for a down payment.
Economic discussions can sometimes be as lively as watching paint dry, but Jane’s opinions cut through the chatter. She voiced her frustration about politicians downplaying the effects of inflation, likening it to a double-edged sword where the narrative suggests prices are “slowing,” yet everyday items still feel painfully expensive. It’s a balancing act; Americans want to face problems directly rather than have them sugar-coated or swept under the rug.
Built Rewards is not stopping at rent. Recently, they expanded their offerings to include a health care program that assists consumers in saving money on medical expenses. With features like automatic savings at neighborhood pharmacies using Flexible Spending Accounts (FSA) or Health Savings Accounts (HSA), Built Rewards is transforming the way people think about everyday expenditures. This means potentially saving billions on necessary purchases, making life a bit easier for those navigating the complex tapestry of bills and expenses.
So, what does the future hold for Built Rewards? With their innovative programs aimed at making economic freedom more attainable, the sky could very well be the limit. Whether it’s transforming rent into fruitful rewards or saving on healthcare, Encore Jane and her team are stepping up to the plate, showing that even in these challenging times, there’s hope and opportunity for smart financial management. With Built Rewards, renters can now feel a little less like dollars in a black hole and a little more like savvy consumers making the most of their hard-earned money.
