Acorns- Invest Spare Change App Review
MobileAppDaily

Acorns -

Invest Spare Change

by Akash Singh Chauhan

January 25, 2018
4.7

MobileAppDaily Rating

Acorns

Idea Behind This App

What if I say you can make a significant amount of money with the help of spare changes within a short period of time? And I am not talking about piggy bank saving. The spare changes could be invested somewhere smartly that will combinedly come up as the great investment in the future.

This is what Acorns app offers, the smart use of the spare changes that you might just don't care about. The app came up with the idea of collecting the spare changes that you get with every purchase or bill payment to invest. Almost all the time either we paying for a street food or making the payment for clothes we get some spare changes. For example, you spend $28 on anything then the $2 will be treated as a spare change. The app helps you in slipping the spare change into your Acorns investment account and invest in more than 7000 stocks and bonds. 

With the help of Acorns, you can simply invest very small amount smartly, for your future. Acorns just need the user to open an account in the Acorn profile that will be linked to users bank account. Whenever a person spends something on the account the spare changes will automatically transfer to the Acorns investment account. When the collected amount is enough to invest, the Acorns app lets you put into somewhere profitable deal. It takes only a few minutes just open the app and create your account. 
 

  • Make use of Spare change to make more money

    Over 2 million users are using Acorns

  • Make use of Spare change to make more money
  • Over 2 million users are using Acorns

The idea is quite smart for the users who regularly shop and spent money to painlessly save money. The users can invest a little as much $5 in the bonds and stocks without thinking much. Whenever you make the transaction the Acorns app will automatically invest the spare changes into the diversified portfolio of ETFs of over 7,000 stocks and bonds. While investing you will get the several options in Acorns app like Recurring investment, one time investments, Found money and Referrals. You can also keep a regular eye on your profile and check the progress from anywhere.

The accounts with the Acorns are SIPC protected up to $500,000 which makes your money protected against any fraud. Along with this, you can also get the professional advice and knowledge with the business magazines provided by the app. The magazines and articles will help you in grow and making smart investment decisions.

“The app makes investingeffortless.”- FORBES

When you feel like you have enough money from the investment you can withdraw it anytime without any trouble. Acorns charge only $1 monthly for the accounts investing up to $5,000. That's not much for managing your spare changes to turn it into a profitable investment. Acorns provide 256-bit encryption security to the users, so there is no concern about the safety of the money.

 

Acorns offers the easiest way to save the money without putting much efforts and turn them into a smart investment. With the help of the Acorns, you can save money for your future just by keeping the spare changes that you usually don't even care about. All you need to is just link your bank account to the Acorns profile.

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