6 Apps That Will Help You Save More Than Your Parents
Saving and investing your money used to be a hard chore that people actually hated doing, but now as tech keeps evolving it is becoming almost fun.
Acorns is an app that invests your spare change from everyday transactions into your very own diversified portfolio. You can easily get started in minutes: anytime, anywhere.·A simple and intelligent automatic investment system not only helps you invest regularly but also optimizes your investment through diversification and automatic re-balancing.
In other words, we buy low and sell high without you having to keep an eye on things. Acorns protects your information, prevents unauthorized account access, and notifies you of unusual activity. No commissions, ever. It’s always free to move your money into and out of Acorns. Using Acorns for a year costs less than what most traditional brokerages charge for just two trades. Once you invest, Acorns is only $1 per month for accounts under $5,000 and 0.25% of the account balance per year for accounts of $5,000 or more.
Wealthfront makes it easy for anyone to get access to world-class, long-term investment management, at a super low-cost. Within 5 minutes and a few taps, the automated investment service goes right to work, monitoring your investment portfolio around the clock and taking action as soon as an opportunity arises. Whether you’re investing for retirement or a different long-term goal, Wealthfront automatically rebalances your portfolio and reinvests your dividends, and every trade is commission-free.
Simple offers awesome support, simplified budgeting tools, and most importantly, financial peace of mind. We believe you should be proud of your bank. With Simple, you get a stylish Simple Visa® Card, no surprise fees, and powerful budgeting and savings tools built right into your account—all accessible via web, iPhone, and Android. You’ll never miss your bank branch—there’s so much you can do right from your computer, iPhone, or Android. Control of your account is in your hands, wherever you go.
Betterment is the largest, fastest-growing automated investing service, helping people to better manage, protect, and grow their wealth. Use Betterment’s smarter technology to manage your investments in a customized, globally-diversified portfolio. The Betterment portfolio is designed to achieve optimal returns at every level of risk. Through diversification, automated rebalancing, better behavior, and lower fees, Betterment customers can expect 4.30% higher returns than a typical DIY investor.
In the stock market, a fraction of a second can mean the difference between a profit and a loss. Our team has built low-latency trading systems used by some of the world’s largest financial institutions, and we’re bringing that expertise to Robinhood.
As a Robinhood customer, your self-directed orders will receive the best possible trade execution. We cut out the fat that makes other brokerages costly — hundreds of storefront locations and manual account management. Robinhood notifies you in advance of scheduled events — like earnings, dividends, or splits, so you can get up-to-date information at the right time.
BillGuard is the fastest, easiest and most elegant way to manage personal finances. It helps you stay on top of your spending, lower your bills at your favorite places, and protect your cards from unwanted charges. Take control of your money by seeing your spending by category over time like you’ve never seen it before. Make things fun by competing with yourself month over month.