Smart Investing Without The Hassle

by | May 24, 2016 | Investing, Money Hacks

How You Can Start Investing For Just $5

Anyone reading this probably knows they should be investing their money to build up their future nest egg. And perhaps some of you already have investment portfolios which is great! However most people today don’t even know the principles to investing, let alone where to invest their money at!

That is where smart investing without the hassle comes in!

Automatic Investments:

What if I told you about a way to automatically invest your spare change?

Would you be interested?

If so – read more below!

So what is it?

Acorns. No not the things that fall from oak trees. I’m talking about the hassle free investment app for your smartphone! Their investment strategy is revolutionizing the way you invest your money! Forbes.com said this about Acorns: “the app makes investing effortless”.

Smart Investing Without The Hassle

How Does Acorns Work?

“Every purchase you make becomes an investment in your future” is a quote that can be found on the Acorns homepage. Combine that quote with the quote from the image above “Invest the Change”and I’m sure you can put together how Acorns really works. After linking your credit or debit cards to your account, Acorns will round-up the change to the nearest dollar from every purchase you make and invest that change into your portfolio! See below on how to set up your free account and more information on how it all works!

How to Set Up Your Acorns Account:

Step 1. Click here to sign up for your free Acorns account. Make sure to use the invite code “9CYR9M” to get a free $5 to start investing with!

Step 2. Connect the bank accounts and cards you use to make your everyday purchases.

Step 3. At some point during the account setup process, you will be asked a few questions that will help Acorns recommend an investment portfolio type for you. There are 5 different portfolios to choose from ranging from “conservative” to “aggressive”. You may choose the recommended portfolio or what ever type is best for you! And of course you can change your portfolio at any time!

Step 4. Make your normal purchases and watch how Acorns will automatically round up to the nearest dollar for each purchase and invest it! For example, if you spend $8.42 on food, Acorns will automatically round up that purchase to $9 and invest $0.58 into your portfolio!

Step 5. If you’d like, you can set up recurring deposits to boost your investment account. I have mine set to deposit and invest an extra $25 each month! You can also make a one time only deposit to boost your account.

Step 6. Be sure to check out Acorns new investment booster called “Found Money”! They are working with different brands that will automatically invest in your Acorns account when you shop. For example, 1-800-Flowers will invest $15 directly into your account when you make an order of $20 or more! How awesome! I’d say it’s time to sign up for your free Acorns account now and buy your significant other/family member some flowers! 🙂

Step 7. Enjoy watching your wealth grow! Every Acorns account is insured up to $500,000 by the SIPC so there is no worrying about the security of your investments!

Disclaimer: Available in the US only at this time. Please visit Acorns.com for any further questions and be sure to read through the terms and conditions. As stated in the disclaimer on this site, LegendarySuccess may receive a form of compensation by referring you to Acorns.

 

Your Turn! Comment below if Acorns has helped you to invest!