15 Apps That Help You Save And Grow Your Money
- By
Julia Austin
Acorns
Acorns is a good app for those new to investing, and it automates the process for you. You link up your debit and credit cards, as well as bank accounts, to the app. Then, for each purchase you make, the app takes the real price, rounds up by a dollar, and invests whatever that difference may be. So, if you spend $4.50 on a coffee, Acorn rounds up to $5 and invests 50 cents for you. It’s sort of a forced savings account that helps you put away money in a way that feels manageable. Acorns lets you set your terms regarding how aggressive you want to be about investing. It charges a fee of 0.25% of your balance, but that won’t kick in until you have $5,000 in your account.
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