If you’re like most of us, you probably wish your money would just take care of itself. If that’s the case, consider starting an investment account with Acorns.
You can start small, as little as $5, and stack up change over time with the app’s “round-up” feature: If you spend $10.23 at the grocery store, 77 cents gets dropped into your Acorns account.
Then, the app does the whole investing thing for you.
The idea is you won’t miss the digital pocket change, and the automatic savings stack up faster than you’d think. This app satisfies the unconscious frugal feeling in you.
And the sooner you start, the more you could potentially make. One Acorns user was able to save at a rate that would let her stash $420 away per year. That’s $1,000 in about two-and-a-half years — without even trying. Or you can simply put a multiplier to double, triple or quadruple your savings.
The next amazing feature is that all your savings get invested into investment funds. You have no hassle of picking any stocks. You can determine your level of risk. This gives you higher interest rates than the usual bank saving rates.
The Acorns app is just $1 a month for balances under $5,000, and you get a $5 bonus for signing up.
