Investing may seem daunting, challenging, overwhelming, or scary — you can pick the appropriate adjective for yourself. However, it does not need to because my hope is to share my tips and tricks all things finance.
I have encountered so many young adults and college students and who have struggled to figure out where to start, when to start, and how much to invest. I’ll answer the first question quickly — today!
My goal is to help young people start their own lives with a basic understanding of how investing works. My goal is to teach people how to build a strong investing habit that they can continuously rely on in their lives. My goal is to provide folks the tools, tips, and tricks to put them on a path for a more sustainable financial future.
Start with Acorns
If you are just starting out investing or handling your personal finances, it can get overwhelming very quickly. I have spent years reviewing the majority of the financial services out there and am continuously investigating innovative wealth management solutions.
Acorns.com is one of my favorites! Why? It’s an investing app that round up your daily purchases and automatically invests the ‘change’ into a diversified portfolio of ETFs (Exchange-Traded Funds). Acorns makes it cheaper to invest. Individuals under 24 years of age and those attending college do not pay any fees!
They also have a ‘Found Money’ rewards program that works like a cash back portal, but the cash back is invested instead. You can get $0.50 for every Uber ride for example, 3% back for certain Amazon purchases, or even receive $200 when you re-finance your student loans with SoFi.
Even better, there’s now a new Acorns $1,000 referral bonus in August.
Signup & Referral Bonus
Acorns has a $5 signup bonus. If you’re interested, you can sign up here with my referral link.
But what makes it even better this month, is that they are also offering a $1,000 bonus when 12 friends you invite, start investing in August. That’s in addition to the $5 per referral that you normally earn. Plus, you will be pleased to know that they will also plant an oak tree with OneTreePlanted for each new friend you invite. That’s a great referral bonus, but you only get it if you reach the number of 12 referrals. Your friends must sign up on or after 8/01/2018, have an account in good standing and make their first investment by 8/31/2018. Bonuses are paid out by 9/15/2018.
Investing early is the key to long-term wealth. I encourage everyone to start and Acorns is the perfect place to start small. My aspiration, as always, is to to put you in a position where you can self-operate with confidence.
Until next time,