How to get a free $10 to invest in your future

Concept of Acorns app and Acorns debit card.
Acorns
Acorns takes willpower out of the equation.

Acorns is an investing service and savings tool rolled into one.

When you make a purchase on your credit or debit card, Acorns automatically rounds up the price to the nearest dollar and places the excess — the coins that would wind up in your pocket if you were paying cash — into a smart investment portfolio.

Let’s say you purchase a doughnut for $2.30. Before you’re done licking the sugar off your fingers, Acorns will round the amount to $3.00 and invest the 70-cent difference for you. That’s all there is to it.

Your spare change may not seem like much, but look at this math: $2.50 worth of daily round-ups add up to $900 per year — and that’s before your savings earn money in the market.

Signing up for Acorns takes less than five minutes, and you can start saving automatically for just $1 a month. You can even upgrade to add a retirement account and investment accounts for your kids — all boosted by your spare change.

Plus, if you sign up with this special link, Acorns will add $10 to your account as soon as you make your first investment.

How your money grows with Acorns

A view of the Acorns app showing roundups
Acorns

Acorns will match you with one of its five different automated portfolios based on which is best suited to help you reach your unique financial goals.

Acorns' portfolios aren’t just your average work of algorithmic wizardry. They were put together with assistance from the very human, very Nobel Prize-winning economist Harry Markowitz.

Your portfolio is designed to automatically rebalance as the market changes, which means you don’t need to panic next time the New York Stock Exchange is in the headlines. You won’t pay trading fees, either.

At the same time, they’ve been designed to automatically rebalance as the market changes, which means you shouldn’t need to panic about your investments the next time the New York Stock Exchange is in the headlines. You don’t have to pay trading fees, either.

Just keep using your card like you normally would, and feel good knowing your “spare change” is going toward something more rewarding than your next coffee.

9.5 million users and counting

A person using the Acorns app at night.
Acorns

Millions of people have already used Acorns to turn their spare change into money-making investments. Don’t let them have all the fun.

Sign up today. You’ll get an easy way to invest for your future, and collect that $10 bonus just for getting started. Where your savings go from there is up to you.

About the Author

Clayton Jarvis

Clayton Jarvis

Reporter

Clayton Jarvis is a mortgage reporter at MoneyWise. Prior to joining the MoneyWise team, Clay wrote for and edited a variety of real estate publications, including Canadian Real Estate Wealth, Real Estate Professional, Mortgage Broker News, Canadian Mortgage Professional, and Mortgage Professional America.

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