Ever had some money to spare after you have ticked every expense on your to-do list? It feels great, doesn’t it? While it might be momentarily satisfying to buy that dress or shirt you’ve been eyeing, there might even be a more satisfying option. You can invest your loose change into a savings plan for the future.
An Easy Way to Do This
You’re probably already thinking of how to do this. My mom used to put extra money in a coffee tin above the kitchen cabinets to save for a rainy day. That was nice and all but you know what? That money was never given the opportunity to collect interest or had the chance to double or triple.
Saving your extra money can be challenging to do all by yourself. Are you aware that there is an app that can help you put your extra money in more than a tin can? That’s why I am recommending this spare change app. This app can change the face of your finances. Grandma would have loved it.
Saving Is a Habit
It’s not so easy to save, you know. You plan to save more this month, then something “important” comes up, and you dip into those savings again. Saving is a habit you have to cultivate. One of the easiest ways to save is to invest your loose change.
Sometimes it seems like there are no sufficient funds to meet the needs of your family. This is why a planned budget helps you manage your resources well. Once you’ve got some money to spare, invest it.
Invest Your Savings
Don’t just save money in a bank account. Always invest it. I recommend that you download an investment application to invest any loose change you have. A way to maximize this is to put it into non risky stocks.
Reasons to Invest in Stocks
There are many reasons people invest in the stock market. Here are a few:
1. Easy Passive Income
Making money from the stock market is easy. You only need to invest your loose change. Once you do this, the system becomes a source of passive income. That’s a wonderful way to increase your earnings.
2. Good Returns on Investment
Investing in the stock market most times turn out to be a great decision. It can churn out impressive returns. If you invest in the right stocks, you can make a lot of gains. People have gained a lot by investing for short periods.
3. Opportunity for Long-term Investment
Another way to benefit from a stock market investment is to give it adequate time to appreciate. This allows your profit to accumulate and become steady over time.
4. Start Investing With Little
Stock market investment allows you to start investing with whatever little you have. You do not need to be wealthy to get on this plan. There are several plans for growing families.
You might be wondering, where is the time to do this? The old days of hiring a stock broker are over. Nowadays the majority of people invest in stocks online. You can buy, trade and cash out all online.
Investing in stock options does not have to be a complicated process. A free investment app can allow you do this without stress. And using a spare change app such as Acorns.com. gives you a non risky investment opportunity at your fingertips.
Acorns as an Investment Platform
Have you thought about investing in stocks but didn’t know where to start? Acorns is perfect for beginners as well as seasoned investors.
Dividends are the percent of profits huge corporations are willing to pay out to anyone who purchases some of these stocks.
When you invest in a dividend paying stock, you are acquiring a portion of a company that somebody else built and built up, and yet you partake in their profits. It is very unbelievable.
Acorn does all the work for you and It is trustworthy. Also, if you shop at these profitable stores through their Acorn app, they directly deposited money into your dividend stocks. At no extra charge. 🐹💜🐹.
Acorns is a micro-financing platform that allows you to invest your loose change. This is what makes it so perfect for families. The platform was built with the help of experts including a Nobel laureate. Your money will be in good hands.
Here are the advantages I have found that make me choose Acorns as my stock investment platform.
1. Validated by the Best
Acorns had gained a lot of momentum. All the experts in the financial and tech world have given approval for the investment platform. Forbes, CNN Money, The Wall Street Journal, Business Insider, CBNC, Good Morning America, and the Fast company have all given Acorns high praise.
2. Simplicity
Acorns is committed to simplifying the process of investing for you. The plans are set up to make everything easy to do. The platform takes their time to explain everything. The clarity they provide assuages your fears. They work hard to earn your trust.
3. Easy to Access
Acorns has a mobile application you can download onto your phone. This means you can save and earn your returns from the comfort of your home. If you are a stay at home mom or dad, this is a perfect way to keep the income streaming in.
Looking for other ways to earn money from the comfort of your homes? Try these options.
4. Asset Classes
This app allows you to diversify. There are different classes of stocks. It ensures you invest in the stock market by not putting all your eggs in one basket. This method adequately prepares you for when the market changes.
5. Minimal Charges
With all the advantages I have listed, you might assume that the services provided by Acorns must be expensive. Acorns is a free investment app that does not pile prices on you for their services. The fare is only minimal.
6. Ready to Help
The Acorns support team understands what it’s like to part with your money. They are committed to helping you through whatever challenges you have. The ever ready support team provides help with speed.
Need one of those plans? You can check here for how other families have grown their income this way.
Here’s how to Invest with Acorns
Download the application from the Acorns website. I’d advise that you read through the homepage first. This is to familiarize yourself with the different aspects of the investment platform.
Once you have read through the website, you can download the app. Register on it by creating an account. Be sure to use your real name, because it’s for saving money not a social space where pseudo-names might be an option.
All you have to do now is start to invest. Simply put your loose change into the account you have created and watch it accumulate returns for you.
Acorns has different portfolios for whatever level of risk you are comfortable with. The portfolios they offer include: Conservative, Moderately Conservative , Moderate, Moderately Aggressive and Aggressive.
Choose a plan that works for you and make automatic deposits based on your financial abilities. Your investment plan can be daily, weekly or monthly.
Click here to get started with Acorns right away!
Investing can be this easy. You do not have to worry about long term planning and savings once you start investing your loose change wisely.
