As a kid we usually had a few days each year invested in emptying the change jar and putting all those coins in paper rolls. With our use of paper currency dwindling we rarely have extra change to throw into the change jar at the end of the day. Today’s money is digital and the use of plastic is up in the 90% range, so how do we move rainy day savings into the plastic card age?
https://www.acorns.com/invite/68PHPJ
Acorns, for lack of a better way of describing it, is a digital spare change app. It rounds up your purchases and automatically invest the spare change for you. It can be accessed by your mobile device as well as your computer.
Acorns monitors your bank account and automatically invests the change from your daily purchases.
Acorns is designed around the concept of modern portfolio theory. As an Acorns user, you’ll download the Acorns App and answer a few questions. The app will then recommend an efficient portfolio for you.
Acorns portfolios range from conservative (lots of bonds) to aggressive (all stocks and real estate). College students who can waive the monthly fee should consider opting in to the Acorns platform. It’s a great way to invest a little bit of money that would otherwise get spent.
