Financial Tools – Frugal PhD

In this post I’ll explain how you can get companies to contribute to your investment portfolio using a feature called Found Money on Acorns. It’s so easy. I promise. And it’s kind of cool too.

A few weeks ago I told you about one of my favorite (free) financial tools, Acorns. While Acorns isn’t where most of their investments make their home, I love the small passive investment boosts that I get from making everyday purchases. It’s great to know that I invest a few pennies in future me every time I get gas, groceries, or make other purchases. If you want to learn more about Acorns, check out my post Easy Investing With Acorns and if you decide to sign up, be sure to use my referral link to get an extra $5 in your starting balance. It gives me a few extra dollars too, which I appreciate since I don’t get paid for any the work I do here at Frugal PhD.

Today I want to tell you about a way you can earn more than just a few pennies at a time with Acorns.

In this post I explain why you should set yourself up an easy and painless tool that will help you start investing. It’s called Acorns.

Investing Isn’t Just for Wall Street Suits. Really.

Investing?! No thank you not for me. Is that what you’re thinking? I know, I know. You might not see student and entry-level life as going hand-in-hand with investing. Many people see investing as thing for Wall Street bureaucrats in overpriced showy suits. Or you might have some vague sense that someday you’ll have a 401(k) that you invest retirement savings into, but that’s a far off “when I’m a real adult professional” thing, not your current reality. Future life you will be a very savvy investor, but right now you’re worried about paying your rent, buying groceries, and hopefully having enough left to splurge on a few nights out with friends. Investing is for people who have money and you perpetually have basically none. For most of us, young adult life isn’t always synonymous with the high-life.

What is Acorns?

So what if I told you that could could start investing a little bit every day starting today, and I mean right now today, without even missing the money? Enter Acorns.