DISCLAIMER: Links in this post may contain affiliate links. Honesty above all. Please read our disclosure policy here.
I will teach you something today, that they don’t teach at school. Everyone has the power to not just save money, but also make that money work for yourself, instead of you working for money.
Just like Warren Buffet (net worth in the billions) said: “If you don’t find a way to make money while you sleep. You will work until you die”
If that sounds like something you would like to do, then you should consider opening an investment account through ACORNS.
ACORNS is an app that automatically rounds up your credit or debit card purchases to the nearest dollar, then invests your spare change.
How do you earn with ACORNS?
- Market gains
- Dividends
- Found money (Earn cash-back when you buy online on your favorite store)
No need to start big. You can start small, with only $5 and set the “ROUND-UP” feature in order to stack up your change. Meaning if you spend $10.25 at the store, .75 cents get dropped into your Acorns account.
You decide between 5 different portfolios, ranging from very conservative to very aggressive, and you are set. Because after all, who has time to sit in front of a computer all day to try to pinpoint which direction the market is going to move on a given day. The app does all the investing for you.
The automatic savings stack up faster than you’d think. The sooner you start, the more money you could potentially make. For example, I opened my account on 7 JAN 2018. I was able to save at a rate that let me stash $479 for the year. (Yes, I put my money where my mouth is and got the first-hand experience)
At that rate, I could save close to $1,000 in about 2 years from spare change without even sweating it; and that does not account for your gains, which average interest-earning is around 7%.
While your account is worth less than $5,000, The app charges you a $1 fee each month. A lot better than your bank fees right now. Just for signing up, you get a $5 BONUS. If you invite 3 friends by the end of the month, Acorns will invest $100 in your account.
Oh, did I mentioned that your stock portfolios invest in dividend-paying stocks?
I love dividends, and when you invest in a dividend-paying stock, you are acquiring a portion of a company and they are giving you a portion of their profits. Who knew!
Then we move to the found money feature.
You get free money deposited into your account simply for shopping with your favorite brands through the Acorns app at NO extra charge to you.
Just to name a few: Adidas, AdvanceAutoParts, Ebay, GNC, Uber, Lyft, Forever 21, Sam’s Club, Groupon and hundreds more.
There are a lot more cool features, but I suggest you download ACORNS for yourself and see what it can do for you. This is the easiest and smarter way to invest and grow your money. And you thought everything was restricted to the few and wealthy elite.
Can you say passive income! ACORNS has developed an incredible, easy to use platform. As they say, every oak tree started as a simple oak. Grow your oak!
Begin your Road to Wealth!
Remember, it’s all about the road to wealth. If you liked it, pay it forward. Share it on social media and help others become successful as well. There is plenty of room for all of us. In the end, your success will only depend on you and not what others do.
Follow me on TWITTER, PINTEREST, INSTAGRAM, LINKEDIN, FACEBOOK for more posts and updates.
If you have any questions, you can reach me at questions@road-to-wealth.com
2 thoughts on “EASIEST WAY TO SAVE AND INVEST AT THE SAME TIME”
Comments are closed.