A few months ago I heard about an app that synched with your checking account, rounded up every purchase made with that account, and invested it for you. The cost is $1/month. I think the name has something to do with squirrelling away money? The app is called Acorns.
Here is how I’ve done so far. I don’t miss the money at all because it’s doing all of the work for me and since I rarely have cash on me, this works great.
I will say that the returns aren’t great, but I just use it as another savings account. If you suck at saving or have something particular that you are saving for, this might be a good solution for you.
Click here to download the app and start to save more tomorrow.