#Acorn #Saving #Investing #AprilBebee Welcome to my channel! Experience the financial journal of April Bebee. I hope you enjoy today's video on mindless saving and investing.
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In 2017 while listening to a morning show during my commute to work, there was an interesting guest by the name of Stacy Tisedale. Stacy, a financial journalist, spoke on 1 in 3 baby boomers have less than $1,000 in their savings. Also, she discussed the smart ways to save & invest money and build credit. One of the awesome things she spoke about was how people’s lack of knowledge of the stock market often stops them from investing. Stacy mentioned a solution to the problem an app called Acorn. This app helped users invest and bridge the gap of understanding the what’s and how to
invest. This video looks into Acorn.
Acorn is a mindless way to save money and invest as well. There are 3 different ways to contribute to Acorn.
1. Recurring Contributions/Deposits
2. Roundups Contributions/Deposits
3. One Time Contributions/Deposits
You don't need to know much about investing. Acorn has designed 5 types of investments:
1. Conservative
2. Moderately Conservative
3. Moderate
4. Moderately Aggressive
5. Aggressive
Overall, Acorn is a great concept. It gets new users in a new space they’ve never been in. It allows a new breed of savings and investment. You can even set up an Acorn account for retirement. Don’t be another statistic, start saving and investing today, one Acorn at a time.
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April Bebee
P.O. Box 11176
Houston, Texas 77293
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Legal Disclaimer: I am not a financial advisor. This is merely my personal opinion from the articles read and experience. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional.
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