Thank you, Wells Fargo for helping me save for the last 15 years with the “Way2Save” program. (R.I.P. Wachovia). But the .01% interest rate isn’t doing it for me.
Money sitting in a bank or sitting in a low-yield savings account might as well be under your mattress. The key to building wealth is (among other things) putting your cash in places where it will grow. Whether that’s a retirement account (where you will not touch the money until your 59 and 1/2) or you put it in some type of investment account that you can access short-term, it is all about good returns on investments.
Luckily, I have a really awesome friend who is currently In-House Counsel for Acorns – an app that rounds-up purchases to invest for you in a brokerage account (meaning you can touch it any time). Acorns let’s you invest as much on top of your round-ups as you want to contribute monthly.
I just signed up and so far my modest investment has grown. Although the stock market is currently underperforming, the key to investing is patience. By stocking money away without thinking about it, it has been a pleasant surprise to see that number rise.
Let your money work for you. Sign up for Acorns today.
XOXO, Mrs. Make It Rainka
**Disclaimer: This post contains affiliate links and I will be compensated if you make a purchase after clicking on my links.
