The Best Acorns Alternatives for Smart Savings and Investing
Acorns has revolutionized micro-investing, making it easy for anyone to invest their spare change and build a diversified portfolio. Its intelligent investing system, bank-level security, and low fees have made it a popular choice for those looking to get started with investing without much effort. However, the financial landscape is vast, and what works for one person might not be ideal for another. Perhaps you're looking for different fee structures, specific features, or a more hands-on approach. If you're exploring other options, you've come to the right place. We'll delve into the top Acorns alternatives that can help you achieve your financial goals.
Top Acorns Alternatives
While Acorns offers a unique and accessible entry into investing, many other platforms provide similar (and sometimes enhanced) functionalities for saving and growing your money. From automated savings to goal-oriented investing, these alternatives cater to a wide range of financial needs and preferences.
Zoro Card
Zoro Card functions like a debit card, offering a straightforward way to manage your spending without the worry of debt or monthly fees. It's available on Free, Android, iPhone, and iPad platforms, making it a good Acorns alternative if you prioritize a simple spending and saving tool over automated investing, as it doesn't have complex investment features.
Qapital
Qapital helps you save small amounts to achieve big goals through gamified automatic savings. Available on Commercial, iPhone, and iPad platforms, it stands out with its IFTTT integration feature, allowing for highly customizable saving rules. This makes it an excellent Acorns alternative for those who prefer to save towards specific goals with creative triggers rather than investing spare change directly.
Digit
Digit is an automated savings platform that intelligently moves money to savings based on your personal spending habits. Available on Commercial, Android, and iPhone, its core feature is auto-saving, making it a strong Acorns alternative for users who want a smart, hands-off approach to building their savings without necessarily investing in the market.
Shift Savings
Shift Savings allows you to make change happen by rounding up daily transactions and saving those round-ups towards your financial goals. It's a Commercial web-based platform with budgeting features. Similar to Acorns' round-up feature, Shift Savings is a great Acorns alternative if you primarily seek to save spare change towards specific goals rather than a diversified investment portfolio.
Tip Yourself
Tip Yourself offers a unique approach to saving money by allowing you to reward yourself financially for positive actions. This Free iPhone app encourages good habits by linking them to savings. While it doesn't offer investment features like Acorns, it's a compelling Acorns alternative for those who thrive on positive reinforcement and want a more direct, self-managed savings incentive.
Mindbosa
Mindbosa is a free savings tool that blends personal and financial progress by allowing you to reward yourself financially for tracking goals. Available on Free, Mac, Windows, Web, and Software as a Service (SaaS) platforms, it features goal setting, goal tracking, motivation, and even running-related tracking. This makes it an interesting Acorns alternative for users who want to tie their savings directly to personal achievements and holistic well-being.
FinTasks
FinTasks can automate your Etrade investing and diversification, allowing you to grow your portfolio automatically. This Free web-based platform is a strong Acorns alternative for users who specifically use Etrade and want an automated system to manage their investments and diversification within that brokerage, offering a more direct investment automation than Acorns' micro-investing focus.
Rize
Rize is a goal-based, online savings platform that lets you set, save, and track multiple savings goals within a single account. Available on Free, web-based platforms, it features auto-saving and goal tracking. Rize is an excellent Acorns alternative if your primary focus is on saving for specific life goals with automated transfers, offering more explicit goal-oriented savings than Acorns' investment approach.
GratiFi
The GratiFi platform offers an all-in-one fintech solution that balances spending, saving, and investing through monthly cash flow. Available on Free, Web, and Software as a Service (SaaS) platforms, it features Bitcoin, Blockchain, and Cryptocurrency integration. GratiFi is a compelling Acorns alternative for those interested in a broader financial management tool that incorporates cryptocurrency and aims to make spending money go further.
Moneyjar
Moneyjar is an online financial ecosystem providing sophisticated investment advice and seamless transactional platforms. This Commercial web-based platform enhances financial management. While Acorns focuses on micro-investing, Moneyjar serves as an Acorns alternative for users seeking more sophisticated investment advice and a comprehensive financial ecosystem rather than just spare-change investing.
Ultimately, the best Acorns alternative for you will depend on your specific financial goals, preferred level of automation, and comfort with different features and fee structures. Explore these options, try out a few that catch your eye, and find the platform that best empowers you to save and invest smarter.