You CAN withdraw your Acorns Invest account at any time but I do not plan on doing that unless I have a dire emergency and am okay with draining my entire savings.Īs your Acorns account grows, you will feel more comfortable with increasing the amount you deposit, and be more willing to enroll in more aggressive investing. I could never get there savings account to work for me because I would just transfer the funds to my checking when I was strapped for cash. Since Acorns isn’t directly connected to my banking, I can’t access it as easily which is good! I use Bank of America, I have a checking and a savings account. For example, If I spend $5.50, it saves that remaining $0.50 and multiplies it by 3, so $1.50 will be added to my acorns for that single swipe of my debit card. No matter what, I will save $50 a month that way. For example, Acorns will draft $50 from my checking account on the 1st of the month and deposit it into my Acorns. Over time, I have since increased my auto draft to $50 monthly and x3 roundups. At this low level, I was managing to save $100-$130 each month (I shop a lot and pay bills, CC payments, etc.). ![]() I started out with my Acorns Invest account set to “conservative portfolio”, to deposit $25 monthly and with 1x roundups (rounds every purchase up to $1 from my linked bank account, like a keep the change feature). It is not transferrable immediately between my checking and saving thru my MAIN bank This has been the only way I’ve been capable of holding the accountability to save money, and I’m so glad I have!Ģ. Now, I check my Acorns account literally every day, twice a day. ![]() I opened my Acorns in hopes of saving something, anything. ![]() I grew up very poor, then as an adult was stuck living paycheck to paycheck. Personally, I have managed to save $1,800 in 8 months, which is unheard of for me.
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