1. Acorns
The Acorns app is a mobile application designed to help users save and invest their money. Below I’ll detail the core features of the Acorns app:
Micro-Investing
- Round-Ups: Acorns rounds up each purchase you make to the nearest dollar and invests the difference automatically.
- Recurring Investments: Allows you to set up automatic investments on a daily, weekly, or monthly basis.
Diverse Investment Portfolios
- Curated by experts and tailored to different risk tolerances and financial goals.
Retirement Savings
- Acorns Later: Provides an easy way to invest in your retirement with IRA accounts.
Educational Content
- Offers articles and advice about financial wellness and investment strategies.
Acorns Earn
- You can earn extra money to invest by shopping through partner brands or finding a job through the app.
Family Features
- Acorns Early: A dedicated account for children, helping you to invest in your child’s future.
Subscription Tiers
- Acorns offers different levels of service, with higher tiers offering additional features, such as a checking account, debit card, and more investment options.
