acorns invest

Acorns Invest App Review – Invest Your Change

Acorns Invest App Review – Invest Your Change


Want to learn to invest?

What if I told you there was a way you could without learning all of the complicated stocks? This Acorns Invest app review is all you need to get started investing money for your future.

Let’s talk about one of my favorite investing apps and share with you the pros and cons of the app as well as how to get started. Welcome the Acorns Invest app review. I would like to thank my girlfriend for this post. After back and forth for an entire day explaining it to her, I figured I need to write an Acorns Invest app review to save time for anyone else with questions.

Acorns is one of the most simple trading apps on the market. The way that Acorns works is every time you make a purchase, Acorns will round that purchase amount up to the nearest dollar and invest the change. For instance, if you spend $5.75 at Starbucks, Acorn will round up the total to $6.00 and invest .25 cents for you into your account, a highly diversified portfolio of ETFs . This is a passive and seamless process that will put your savings ahead and place you in the position to make your money work for you.

ETFs = Exchange-Traded Funds

You are also able to create recurring deposits into your account from your bank account or card. This feature is nice when you have extra that you would like to you to experiment with Acorns or just to save. As of yet, Acorns has no debit cards and the money takes a few business days to transfer back to your bank so it’s safe to say you won’t be spending it.

Another feature that we felt was perfect for our Acorns Invest app review was recently introduced as well. Acorns have also recently released a new feature which allows companies to invest in your account for shopping with them, called “Found Money.” With this, you can purchase from most of your favorite brands and they will invest a percentage of your purchase back into your Acorns account.

Acorns Invest App Review

Still deciding?

Our Acorns Invest app review also includes a dedicated portion below if you would like to see all of our found pros and cons in one snapshot.


The app is very easy to use and user friendly with simplified layouts and large display of all the important information. The app also leads you in with a simple profile completion process helping you get started investing.

With the great round-up feature, saving becomes passive and stress free. This features collects all of the spare change until it reaches $5 total before it deposits it into your Acorns account. This feature is great because its automatic and you are literally saving without thinking. Acorns also recently released a multiplier feature for those who would like that spare change to be multiplied to increase on your savings.

Acorn charge $1 a month as long as your account stays under $5,000. That’s a great deal! That means you will pay $12 annually in trade commission fees. I don’t about you but my bank savings account fees hit me for about 5 times as much due to transfer fees. I’d rather use Acorns for lower fees, and tougher to spend my money.

  • Round-Up Change
  • Low Monthly Rate of $1 for Accounts Under $5,000
  • Simplified System
  • Friendly User Interface



As much as I love this app, it isn’t for everyone. Acorns is not for people looking to invest large amounts or get into purchasing individual stocks. Acorns lack of portfolio customization prevents you from truly making your investment to your own desire because it only gives you the option to invest in an increment of 5 levels between conservative and aggressive.

It also may be undesirable for people investing more than $5,000 because of the .25% fee. That means if I was to keep my account around $5,000 I would be paying about $150 annually in commission fees.

  • Lack of Portfolio Customization
  • Higher Commissions of .25% for accounts over $5,000.

Final Thoughts

This app has a few setbacks but is definitely a must have app for people looking to invest or save. This app makes it so much easier for new and younger investors to get started. They also will learn how to make their money work for them in the market and learning without high end fees and full stock prices.

Again, I highly recommend this app to everyone looking to save and invest. This app is perfect for teens, students, or anyone who want to invest in small amounts at a time. I’ve asked Acorns for a little help getting you guys started with $5 invested in your account for you to try it for yourself. Go ahead and try Acorns now from our exclusive link to get $5 into your account for free. I hope you enjoyed our Acorns Invest app review. We would love to hear your experience with investing with automated apps.

Subscribe Via Email

Join and finally learn how we cam to manage your money better, pay off debt, save more money, and reach financial freedom together.

Posted by Jonathan Tyler in Think Cents Reviews, 2 comments
Quick And Easy Ways To Save Money Without Stressing Over It

Quick And Easy Ways To Save Money Without Stressing Over It

Let’s face it. We as humans, know we should save but don’t. We have always been told too, but not how or why. If an emergency was to happen right at this moment, would you be prepared for it? Would you be able to pay for your rent and utilities as well? Below I’ve listed a few easy ways to save money and start to build an emergency fund of $1,000.


50/20/30 Rule


The first and most known (maybe) way of saving is to automatically attach your savings account to your direct deposit. Remember the 50/20/30 rule?

50% of your salary should go to the essentials such as bills and other payments you must make each month. Work towards keeping your essentials below this 50% barrier. 20% should go directly into your savings. The next 20% of your check should be direct deposited into your savings and forgotten about. This is the important part. Forgotten about. Lastly, the remaining 30% is yours for any other personal reason.

Following this system will help you make sure to keep your bills down, build your savings up, and leave money for you to enjoy.


Piggy Bank Nostalgia

Perfect for all of that loose change you have lying around. This is easily an extra $20 – $40 bucks or so a month depending on how much me and my girlfriend use or find cash lying around. We also have a few friends who think they are too good for the pennies they have lying around but we all know that every penny counts.

Piggy banks are perfect because for most its where the idea of savings began. As a kid, my mom would buy me and my brother these crazy shaped piggy banks that me and my brother would always race to fill to the top and I am still the same way when it comes to toy banks. Its a visual goal of mine. The bigger the bank, the more enthused I am to fill it.

If you find yourself with a lot of extra cash or change, this is the perfect place to pack everything away. These toy banks are more than fun for kids, they are powerful tools for saving.




Ever thought about investing? I hope so, otherwise you may be on the wrong blog. It’s a great way to save and put money towards your future. Acorns is a mobile app that allows you to link your bank accounts and credit card to easily save and invest the change from your everyday spending. Spent $1.50 on Redbox today? Acorns will round that up to $2 and invest that 50 cents.

Acorns is a great way to always make sure you are saving, no matter how much you are spending. You can also deposit or set up  recurring deposits from your bank account to invest larger amounts. Your money is automatically invested into heavily supervised and researched portfolios to help you save and increase your potential savings.

I also a post dedicated to my Acorns Invest Review giving you all the pros and cons.

Join Acorns today and get $5 free to get started. 




An app that will help to teach you investment such as Acorn, but instead of automatically invest money for you, it recommends portfolio in which you should invest in yourself. Unlike Acorns, money isn’t automatically deposited based on your spending.

So if you don’t like the idea of money automatically being taken every time you make a purchase or you want to actually learn to invest, than Stash may be better for you. Stash gives you choices, tools, and tips you need to build a portfolio that reflects who you are. They have portfolios but for the techies, activists, trendsetters and so much more.

Stash really is the answer to teaching the next generation investing.

You can also join Stash today and get $5 free to get started.


Save A Small Amount Per Week


Some people aren’t very comfortable placing large sums of money into their bank account at once, think toy banks are for kids, or the security of apps. For that reason we have the envelope system available as well. The idea is to place a small amount of money each week and place it into an envelope labeled emergency funds.

Placing a few dollars to the side each week will lead to a successful saving experience. By placing only $20 dollars aside each week, in a year you would have save $1,040. That’s just a bit over your goal for an emergency fund.

Using these strategies, your savings will continue to grow quickly and you will build that $1,000 savings fund in no time. Don’t stop there. Continue to grow your accounts and investments to build wealth and your short term goals.

Subscribe Via Email

Join and finally learn how we cam to manage your money better, pay off debt, save more money, and reach financial freedom together.

Posted by Jonathan Tyler in Save Money, 0 comments