The startup Bstow wants to make donating dollars easier than ever. The startup enables users to round-up on any bill and give the spare change to the charity of your choice.
Jason Grad is the CEO of Bstow. Grad joins Cheddar to explain how Bstow is taking the guesswork out of donating.
With Bstow, a user links their credit card or debit card to the platform. Then, whenever a transaction is made users have the chance to round up their bills and donate the spare change to the charity of their choice.
Bstow is a free platform and their goal is to make giving as easy as possible. Bstow does not have a platform fee, and this enables users to give their money without losing.
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
