Investing

Wealthsimple Review 2020: Pros, Cons and Is It Legit?

Looking for a legit Wealthsimple review for 2020? Robo advisors are online, automated portfolio management services. These companies use computer algorithms — a set of rules...

Our Favorite Apps

AppDescription
capital one shopping
Capital One Shopping
★★★★★

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acornsAcorns
★★★★★

Acorns lets you invest your spare change automatically and join almost 4,000,000 people saving and investing every day.
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acornsIbotta
★★★★★

Ibotta is a free app that allows you to earn cash back both in-store and online. It is well worth the little bit of time it takes to download, configure, and use.
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acornsTrim
★★★★★

Trim delivers on its promise to save you money effortlessly. You can use it to cancel unwanted subscriptions and bill negotiations.
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acornsRakuten
★★★★★

Rakuten is a must-have. They offer cash back as high as 10% for some stores. So if you are shopping at Target and you buy something for $500, you'll get $50 in cash back.
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Acorns Review

$1 - $3/month
8.5

Commissions & Fees

9.0/10

Customer Service

7.5/10

Ease of Use

9.5/10

Education

8.0/10

Savings Options

8.5/10

Pros

  • Signing up takes less than 5 minutes max.
  • Getting started is quick and painless with no minimum investment required.
  • You will be able to set aside spare change or extra cash automatically as you go about your day.
  • Easily can grow your account over time with diversified portfolios constructed by experts

Cons

  • Your savings would be invested, your returns are not predictable.
  • They charge monthly fees, but you can use it for free if you sign up with an .edu email account.
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