5. Acorns review

What is Acorns?

Acorns is a smartphone app that “rounds up” your spending to the nearest dollar and invests that difference. You link a credit card and checking account, and Acorns does the rest. This microsavings app makes investing almost painless because you’re spending only pennies at a time.

The Acorns app is targeted at a much younger, more tech-savvy generation (Millennials) since the entire investment experience can be created and managed from a smartphone. However, Acorns recently unveiled a web-based version for desktop and portable users, as well.

Essentially, this app is a great starting point for anyone who hasn’t invested yet or needs a bit of guidance in the beginning.

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