When I found out I was pregnant, I immediately started taking my finances more seriously. I buckled down and took a hard look in the mirror. I listened to Dave Ramsey's The Total Money Makeover on Audible several times over and grew up. I have a pretty healthy 401k set up, but I was definitely curious about investing more, though my focus was on paying off remaining debts.
In July I happened upon a PayPal update announcing you could connect your PayPal and Acorns accounts with ease. This prompted me to conduct a deep dive and see if Acorns was the investment tool for me.
Two months in and I'm hooked. The found money feature alone is worth setting up an account. I've already earned $28 from shopping with affiliated brands (that I already use on a regular basis) though that money won't hit my invest account until 120 days after each respective transaction. Uber Eats is on the list and with 4% invested per transaction, it's a great deal.
I started out with just an invest account, but have now upgraded to later and spend accounts. The spend debit card offers real time roundups and comes with a super sturdy tungsten card with your signature engraved on the back (pro tip, if you can, use a stylus to sign). Plus, there are extra bonuses for swiping it at local small businesses.
When you initiate the process of creating your account, you are asked to answer a handful of questions about your financial goals. Your answer choices help determine which portfolio type is right for your needs. You can revisit your settings later if you want to change your investment plan.
If you're interested in starting an account with Acorns, be sure to use my invite link and we'll both get a bonus $5 invested.
Comments