There’s the jar of pennies on your desk, the loose change in the couch, the coins that fall out in the dryer, the quarters in your cup holders…
After a while, it starts to add up.
Just connect a credit or debit card and every time you make a purchase, the app rounds up to the nearest dollar and invests the runoff in a diversified portfolio of respected low-cost ETFs that match your risk tolerance. You can also make investments yourself anytime you like.
“But,” you say, “I’m too broke to invest!” False, we say! There are no minimum contributions or commissions, and the service only costs a dollar a month. Plus, Acorns automatically rebalances your funds for a low management fee (.25% – .5% annually).
And there’s your retirement.