How does the acorns investing app work?

The Acorns investing app encourages you to invest your spare change using a system it calls "round-ups." Acorns monitors your bank account and automatically invests the change from your daily purchases. For example, if you buy a coffee for $2.75, Acorns will round up to $3.00 and automatically invest $.25.

Is acorns a scam?

With verification that Acorns is not a scam, we should now look at the details of its financial services. Acorns offers automated trading in a small selection of exchange-traded funds that hold stocks and bonds. There are no other investment products at the investment firm for most customers, although ESG and bitcoin funds are available.

How does the acorns app work?

The Acorns app helps you save and invest your spare change. When you link a credit or debit card, Acorns rounds your purchase up to the nearest dollar and invests the difference. However, the monthly account fees will have an impact on your returns.