December 12, 2020

One of my favorite saving and investing apps is now making it easier for you to save, grow, and learn about your spare change.

Beyonce isn’t the only one trying to “upgrade u” because Acorns is too…

Yup, they recently solidified their spot in the family finance conversation. (Go ahead and make room at the dinner table because Acorns is here to stay.)

Okay, before we get into it––let’s talk about the importance of investing. 

If you’ve been here for some time you know that I believe: 

Budget so you can save; save so you can invest; and invest so you can grow wealth. 

By definition, investing is the act of allocating resources with the expectation of generating income or profit. Investing is usually done through stocks, bonds, mutual funds, options, futures, precious metals, real estate, small business, etc. 

Sounds grrreattt, right? A must-do!

Nope, because “in real life”… investing confuses and terrifies most of us, so we end up doing nothing and leaving all the money-making to the Wall Street types. 

The critical magic of investing revolves around the idea of compound interest. Compound interest allows for the interest on an investment or account to be calculated based on the principal and all prior accumulated interest. 

Here’s how that works. Imagine you invest $100, and it earns 10% interest in a year. Your investment has now grown to $110. If you earn interest the next year, you’ll earn it on $110 instead of $100. Meaning your money can grow money, all by itself!

In other words, your interest earns interest. As a result, money has the ability to grow exponentially over time. Let’s read that last part again… OVER TIME. 

The best way to make money from compound interest is to leave your money where it is and let it grow long-term. It’s important to let compound interest have time to mature and grow your investment. 

In other words: STICK WITH IT. 

Download the Acorns app that MILLIONS of people have used to make investing easy… 

Over the years, I’ve grown to love Acorns because it takes the “say what?” out of investing by using your spare change to grow your money for you. (Here is my first love letter about Acorns so you know I’m not new to this.) 

What really stuck out to me about Acorns is how they make investing so easy! You can get started from your phone in under five minutes––no experience necessary… no gurus… no rich parents… no in-depth knowledge of how to buy stocks.

And now…Acorns is SHOWING OUT even more!!!

They’ve added a full financial wellness system for individuals and families to help you grow your money. 


From saving and investing (for you and your children)… all the way through to retirement, Acorns makes financial wellness simple and…fun!

Now, let’s dig into some of Acorns’ newest services and talk about how it can help you reach your money goals, no matter what your investing experience is! 

Finance newbies:

If you’re new to sorting out this investing thing –– Acorns can help. Their easy-to-use app makes it simple for anyone to set aside and invest spare change from everyday purchases like groceries, gas, and more. Answer a few quick questions about your investing goals and they’ll recommend an Acorns smart portfolio that automatically works in the background of life, so you can build wealth naturally, pennies at a time. 

But don’t worry, you won’t be a “newbie” for long because Acorns is dedicated to helping you “grow”. (Ha, get it!) You can literally GROW your investing knowledge on the go with custom news, advice, and interviews, powered by CNBC, and delivered daily to your app … to help you level-up quickly. 

Are you thinking what I’m thinking? Acorns is so much more than investing spare change. They can help change and transform your life and help you reach your money goals!


Start your kids on the best path possible with Acorns Early. This brand-new feature helps  parents/custodial guardians create investment accounts for their children and give them a leg up in life. It’s a UTMA/UGMA* account that you can set up in under two minutes, and start  investing for the child you love! 

You don’t have to be a parent either. You can invest in your nieces, nephews, and grandchildren, and godchildren, too.

What I love about this feature: The funds can be used for anything that benefits the child (not strictly education) from a car, to a computer, or college. You can automatically set it and forget it with Recurring Investments, starting at just $5, to help grow in the background of life. Plus, see potential tax advantages while you invest and easily transfer the funds to the child when they’re grown!  

(*Let me explain… Simply put, the UGMA (Uniform Gift to Minors Act) and UTMA (Uniform Transfer to Minors Act) are nothing more than custodial accounts, which can be used to keep and secure assets for minors. Until the assets are designated as the minor’s property, a certain amount of investment income would be untaxed while an equivalent amount is taxed at the tax bracket of the child, and not the rate of the parents.)

The Responsible One:

How are you saving for retirement? Are you preparing for your future retired self? What does your dream life look like? I like to call my future sassy senior self “Wanda” and thinking about her helps me plan out how I need to act now… to make sure she’s living large later. Many younger investors and beginners shy away from long-term investing because they’re confused with the process of setting up a retirement account, but Acorns makes it easy to set up a retirement account and they’ll even recommend the right portfolio for you.

With Acorns Later, you can set up an Individual Retirement Account (IRA) in under 2 minutes and join MILLIONS of people easily investing for a better life later. Perfect…because you definitely don’t want to waste another second setting up a little nest egg for yourself! Dream life, here comes Wanda!

The Shopper:

Oh you like to shop, huh? Well go ahead and start using Acorns Earn. Acorns Earn helps you earn more, so you can save and invest more. Discover how to help your money grow with 350+ top brands that invest in you when you shop, side hustles to help you earn cash + investments, and millions of jobs searchable right from your app. 

It gets better! The Acorns Chrome Extension, a feature of Acorns Earn is an easy way to earn, save, and invest while you shop. You can browse over 8,000+ bonus investments, from stores like Bass Pro Shops, Nordstrom, and more!  Download the extension now from your 

So, when you get a little treat for yourself… your Acorns Invest account does too. 

Sign up for Acorns here. 

How does Acorns work?

Acorns is a popular saving and investing app that has helped more than 8.2 million people save and invest for their future

You can get started with just $5!

After you download the app, choose a subscription that works best for you. 

  • Acorns Lite – $1/month
    Getting started? Invest spare change, set Recurring Investments, and more with an easy, automated investment account.
  • Acorns Personal – $3/month
    All-in-one investment, retirement, and checking, plus ways to earn more money, and grow your knowledge.
  • Acorns Family – $5/month
    Investment accounts for unlimited kids per family! Plus, personal investment, retirement, and checking accounts, bonus investments, money advice, and more!

Okay… now do you see why I was soooo excited about these upgrades? Acorns was already great––I mean, more than 8 million people are saving and investing for a brighter future everyday––but now it’s offering even more features that are helping everyday Americans like me and YOU a simple way to build wealth, all in the background of life. Now’s the time to put your investing on auto-pilot and into the hands of experts!

Say it with me again: HO-LIS-TIC!

Sign up for Acorns here.

My Lisa Rule: I have 4 sisters and Lisa is the baby (well she’s not a baby anymore). Of all of my sisters, I’m the most protective over her. Before I share any product or service with you, it must pass my Lisa Rule. What’s the Lisa Rule? If I would not advise Lisa to use a product or service, I won’t advise you to. YOU are my Lisa. I feel protective over you and your financial journey. Acorns passes my Lisa Rule. Yes, I am an affiliate of Acorns, and I earn a commission off of referrals, but I would not recommend a product or service that I didn’t believe was helpful and useful.

About the Author Tiffany Aliche

Tiffany “The Budgetnista” Aliche, is an award-winning teacher of financial education, America’s favorite, personal financial educator, and author of the New York Times Bestselling book, Get Good with Money. The Budgetnista is also an Amazon #1 bestselling author of The One Week Budget and the Live Richer Challenge series and most recently, a children's book, Happy Birthday Mali More.

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