Invest Your Spare Change!
I know investing can be hard and complicated not to mention expensive. You already have to spend money to invest not to mention spend more money on trading platforms just to invest into your favorite stock.
Now I came across a now very popular app called Acorns that takes the complexity out of investing and keeps everything simple for the user who wants to invest and watch their account grow without all the work. No matter if you're saving for a car, house, or your retirement. This app lets you invest with as little as $5 to get started. Now you can also invest daily, weekly, or monthly. Or you can utilize their most notable and popular feature called "Round-ups", these round-ups use spare change from purchases you've made and round them up to the nearest dollar.
For example you spend about $10.30 at the store and since we're rounding up $0.70 will be allotted to your Acorns account. Now Acorns doesn't take money out of your account until your round-ups reach $5. Acorns does need access to your bank account to monitor your spending in order to utilize their "Round-up" system. If you're not comfortable with that then you can just make daily, weekly, or monthly deposits into your Acorns account as I mentioned above.
Now your Acorns account is managed by Acorns themselves and they will diversify your portfolio as needed to get you the best returns possible.
Now I came across a now very popular app called Acorns that takes the complexity out of investing and keeps everything simple for the user who wants to invest and watch their account grow without all the work. No matter if you're saving for a car, house, or your retirement. This app lets you invest with as little as $5 to get started. Now you can also invest daily, weekly, or monthly. Or you can utilize their most notable and popular feature called "Round-ups", these round-ups use spare change from purchases you've made and round them up to the nearest dollar.
For example you spend about $10.30 at the store and since we're rounding up $0.70 will be allotted to your Acorns account. Now Acorns doesn't take money out of your account until your round-ups reach $5. Acorns does need access to your bank account to monitor your spending in order to utilize their "Round-up" system. If you're not comfortable with that then you can just make daily, weekly, or monthly deposits into your Acorns account as I mentioned above.
Now your Acorns account is managed by Acorns themselves and they will diversify your portfolio as needed to get you the best returns possible.
Comments
Post a Comment