{"id":17393,"date":"2025-06-27T22:57:31","date_gmt":"2025-06-27T22:57:31","guid":{"rendered":"https:\/\/finderica.com\/?p=17393"},"modified":"2025-06-27T22:57:31","modified_gmt":"2025-06-27T22:57:31","slug":"is-this-investing-app-worth-it","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=17393","title":{"rendered":"Is This Investing App Worth It?"},"content":{"rendered":"\n<div>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"lazyload clicker_number\" style=\"position: absolute; height: 1px; width: 100%\" alt=\"ScoreCard Research\" data-count=\"104.245.38.58,104.245.38.58, 172.68.175.106\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\"><\/p>\n<p><span style=\"font-weight: 400;\">Acorns is an automated investing app designed to make it easier to save money and invest it. We know investing can seem scary\u00a0 \u2014 especially when you\u2019re brand new to it. But Acorns rounds up everyday purchases to the nearest dollar and invests the spare change in a diversified portfolio. That allows newer or more hands-off investors to grow their money in a way that works for them. This <\/span><a href=\"https:\/\/t.thepennyhoarder.com\/aff_c?offer_id=2412&amp;aff_id=2\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Acorns<\/span><\/a><span style=\"font-weight: 400;\"> review will explore its features, fees, investment strategy and how it compares to other platforms.<\/span><\/p>\n<p><b>Our verdict:<\/b><span style=\"font-weight: 400;\"> It\u2019s best for beginners who want a simple, automated investing solution, but fees can add up for users with small balances.<\/span><\/p>\n<h2><b>What Is Acorns and How Does It Work?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">One of the biggest draws of the app is that it does some of the work for you. As you make purchases with a debit or credit card that you have linked to the app, it will round up the change then invest it automatically. You can also set up recurring investments, helping you stay consistent with your portfolio. Acorns is <\/span><span style=\"font-weight: 400;\">ideal for beginners<\/span><span style=\"font-weight: 400;\"> looking for a hands-off investing approach or those who need a little help with saving.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Types of Acorns accounts available include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns Invest:<\/b><span style=\"font-weight: 400;\"> Automated investing account with diversified portfolios.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns Later:<\/b><span style=\"font-weight: 400;\"> Retirement accounts (IRAs) for long-term investing.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns Early:<\/b><span style=\"font-weight: 400;\"> Custodial investment accounts for kids.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns Checking:<\/b><span style=\"font-weight: 400;\"> A cash management account with a debit card and built-in investing.<\/span><\/li>\n<\/ul>\n<h2><b>Acorns Features &amp; Account Options<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The app has several features that would appeal to a wide range of investors. There are also multiple accounts to choose from. Here are some of those features and accounts at a glance:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Round-Ups:<\/b><span style=\"font-weight: 400;\"> Automatically invests spare change from purchases.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Recurring Contributions:<\/b><span style=\"font-weight: 400;\"> Allows users to set up automatic deposits.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Found Money:<\/b><span style=\"font-weight: 400;\"> Cashback rewards from partner brands that go directly into investments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Smart Portfolios:<\/b><span style=\"font-weight: 400;\"> Professionally managed portfolios that are diversified across asset classes.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns Later:<\/b><span style=\"font-weight: 400;\"> Provides access to IRAs (Roth, Traditional, SEP).<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns Early:<\/b><span style=\"font-weight: 400;\"> Enables parents to set up custodial investment accounts for children.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns Checking:<\/b><span style=\"font-weight: 400;\"> A debit card with no overdraft fees, direct deposit and seamless integration with investing.<\/span><\/li>\n<\/ul>\n<h2><b>Acorns Fees and Pricing Breakdown<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Unlike some other investing apps, Acorns is not free to use. The fees can add up if you\u2019re looking to keep a small balance. Here\u2019s what investing with the app would cost.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Acorns Pricing Tiers<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Personal (Acorns Bronze, $3\/month): Includes Acorns Invest, Later and Checking. You can get more features with Acorns Silver at $6 a month and Acorns Gold for $12 a month.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Family ($5\/month): Adds Acorns Early for custodial investment accounts.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">How Fees Impact Small Balances<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Acorns charges a flat monthly fee, which can be expensive for small investors.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Example: A user with $500 invested pays $36\/year ($3\/month), an effective 7.2% annual fee.<\/span><\/li>\n<\/ul>\n<h2><b>Pros and Cons of Using Acorns<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Acorns takes some of the work and pressure off your investing journey, but there are some drawbacks to it.\u00a0<\/span><\/p>\n<p><b>Pros:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Simple, hands-off investing for beginners.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Spare change investing makes saving effortless.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Provides access to diversified portfolios.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Found Money cashback rewards boost investment savings.<\/span><\/li>\n<\/ul>\n<p><b>Cons<\/b><span style=\"font-weight: 400;\">:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Monthly fees can be high for small balances.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">No tax-loss harvesting, unlike some robo-advisors.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Limited customization in investment options.<\/span><\/li>\n<\/ul>\n<h2><b>Acorns Performance and Investment Strategy<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Acorns invests in low-cost Exchange-Traded Funds (ETFs) that cover multiple asset classes. It uses Modern Portfolio Theory (MPT) to balance risk and reward. MPT is basically the idea that diversifying your portfolio can boost your returns without a ton of risk. So it\u2019s a way for investors who aren\u2019t ready to get risky to still reap the maximum benefits possible.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Expected Returns<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Conservative portfolios: Lower risk, lower growth.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Aggressive portfolios: Higher potential returns with increased risk.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Risk Management<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Portfolios are automatically rebalanced.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">No manual stock picking is allowed.<\/span><\/li>\n<\/ul>\n<h2><b>How Acorns Compares to Other Investment Apps<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">It has plenty of desirable features, but how does it compare to <\/span><span style=\"font-weight: 400;\">other similar apps<\/span><span style=\"font-weight: 400;\">?\u00a0<\/span><\/p>\n<p><b>Acorns vs. Robinhood<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Robinhood:<\/b><span style=\"font-weight: 400;\"> Allows users to pick individual stocks.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns:<\/b><span style=\"font-weight: 400;\"> Fully automated, no stock picking.<\/span><\/li>\n<\/ul>\n<p><b>Acorns vs. Stash<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Stash<\/b><b>:<\/b><span style=\"font-weight: 400;\"> Offers more customization for investments.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns:<\/b><span style=\"font-weight: 400;\"> Simpler, automated investing experience.<\/span><\/li>\n<\/ul>\n<p><b>Acorns vs. Betterment<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Betterment:<\/b><span style=\"font-weight: 400;\"> Provides tax-loss harvesting and financial planning tools.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Acorns:<\/b><span style=\"font-weight: 400;\"> Does not offer tax-loss harvesting but focuses on simplicity.<\/span><\/li>\n<\/ul>\n<div id=\"review-list-table\">\n<p class=\"review-list-table-title default\">Acorns vs. Competitors                    <\/p>\n<div class=\"table-responsive\">\n<table class=\"table\">\n<thead>\n<tr>\n<th style=\"text-align: left;\">App<\/th>\n<th style=\"text-align: left;\">Fees<\/th>\n<th style=\"text-align: left;\">Investment Type<\/th>\n<th style=\"text-align: left;\">Best For<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td class=\"column_1\" style=\"text-align: left; font-weight: normal;\">Acorns<\/td>\n<td class=\"column_2\" style=\"text-align: left; font-weight: normal;\">$3-$5\/month<\/td>\n<td class=\"column_3\" style=\"text-align: left; font-weight: normal;\">ETFs<\/td>\n<td class=\"column_4\" style=\"text-align: left; font-weight: normal;\">Beginners<\/td>\n<\/tr>\n<tr>\n<td class=\"column_1\" style=\"text-align: left; font-weight: normal;\">Robinhood<\/td>\n<td class=\"column_2\" style=\"text-align: left; font-weight: normal;\">Free<\/td>\n<td class=\"column_3\" style=\"text-align: left; font-weight: normal;\">Stocks\/ETFs<\/td>\n<td class=\"column_4\" style=\"text-align: left; font-weight: normal;\">Active traders<\/td>\n<\/tr>\n<tr>\n<td class=\"column_1\" style=\"text-align: left; font-weight: normal;\">Stash<\/td>\n<td class=\"column_2\" style=\"text-align: left; font-weight: normal;\">$1+\/month<\/td>\n<td class=\"column_3\" style=\"text-align: left; font-weight: normal;\">ETFs\/Stocks<\/td>\n<td class=\"column_4\" style=\"text-align: left; font-weight: normal;\">Hands-on investors<\/td>\n<\/tr>\n<tr>\n<td class=\"column_1\" style=\"text-align: left; font-weight: normal;\">Betterment<\/td>\n<td class=\"column_2\" style=\"text-align: left; font-weight: normal;\">0.25% of assets<\/td>\n<td class=\"column_3\" style=\"text-align: left; font-weight: normal;\">ETFs<\/td>\n<td class=\"column_4\" style=\"text-align: left; font-weight: normal;\">Passive investors <\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n<h2><b>Who Should Use Acorns?<\/b><\/h2>\n<p><a href=\"https:\/\/t.thepennyhoarder.com\/aff_c?offer_id=2412&amp;aff_id=2\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Acorns<\/span><\/a><span style=\"font-weight: 400;\"> could be right for you if you are a new<\/span> <span style=\"font-weight: 400;\">investor looking for a simple way to get started and appreciate a set-it-and-forget-it investing approach. It\u2019s also great for people who struggle to save money on their own.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, not everyone is cool with relinquishing some control over their investments. If you want a little more control over your portfolio and lower fees, it might be good to look elsewhere.\u00a0<\/span><\/p>\n<h2><b>Final Verdict: Is Acorns Worth It?<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">All-in-all, we give this app a solid 4 out of 5 stars. <\/span><a href=\"https:\/\/t.thepennyhoarder.com\/aff_c?offer_id=2412&amp;aff_id=2\" rel=\"nofollow noopener\" target=\"_blank\"><span style=\"font-weight: 400;\">Acorns is definitely worth a shot<\/span><\/a><span style=\"font-weight: 400;\"> for you if you\u2019re on the hunt for an investing app that\u2019s hassle free, automated and doesn\u2019t require any active stock trading. That makes it excellent for beginners or people who just don\u2019t have a lot of extra time to dedicate to managing their portfolios.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if you know you like to be a hands-on investor or you\u2019re looking for lower fees for small accounts, there are better options out there.<\/span><\/p>\n<p>        <!-- ACF Financial Disclaimer --><\/p>\n<p>        <!-- End ACF Financial Disclaimer --><\/p>\n<p>        <!-- Newsletter Signup Form --><\/p>\n<hr>\n<hr>\n<div class=\"newsletter-signup-wrapper-for-digioh\">\n<div class=\"col-xs-12 newsletter-wrap flex-row\">\n<div class=\"container flex-container\">\n<div class=\"col-xs-12 new-newsletter-form\">\n<p class=\"text-subheading\">Ready to stop worrying about money?<\/p>\n<p class=\"text-get-daily\">Get the SS Daily<\/p>\n<p class=\"email-privacy-policy-blurb-white\">\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n<p>        <!-- End Newsletter Signup Form --><\/p><\/div>\n<p><a href=\"https:\/\/www.thepennyhoarder.com\/investing\/acorns-review\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Acorns is an automated investing app designed to make it easier to save money and invest it. We know investing can seem scary\u00a0 \u2014 especially when you\u2019re brand new to it. But Acorns rounds up everyday purchases to the nearest dollar and invests the spare change in a diversified portfolio. That allows newer or more<\/p>\n","protected":false},"author":1,"featured_media":17394,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[185],"tags":[405,226,990],"class_list":{"0":"post-17393","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investing","8":"tag-app","9":"tag-investing","10":"tag-worth"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/17393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17393"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/17393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/17394"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}