Acorns

Acorns is a micro-investing app designed to make investing accessible and easy for everyone. It allows users to invest small amounts of money, typically spare change from everyday purchases, into diversified portfolios. The app's signature feature, Round-Ups, automatically rounds up card-linked purchases to the nearest dollar and invests the difference. Users can also set up recurring investments on a daily, weekly, or monthly basis.

Acorns offers a range of services, including investment accounts, retirement savings options like IRAs, and basic banking services such as debit cards. The app is particularly useful for new investors who want a hands-off approach to investing. It provides a user-friendly interface that helps build strong financial habits by automating savings and investments. Additionally, Acorns supports fractional share investing, allowing users to invest even small amounts without waiting to accumulate enough for full shares.

The app caters to various needs, including tools for teaching children about money management through custodial accounts and educational resources. Overall, Acorns is a straightforward platform that integrates spending and investing, making it easier for users to start building their financial futures.

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Website: acorns.com

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