Acorns Review – An Inside Look


If you are an investor, or have considered it, then the Acorns app is worth a look. I have been personally using the app now since December of 2016, and have nothing but good things to say about it. So, I figured I would do an Acorns Review – and hopefully you, the reader can benefit like I have.


Introduction to Acorns

Acorns is a micro mobile investing platform. If you are just starting investing, or, perhaps just looking a way to save some money – Acorns is the answer.

As of this article, over 1 MILLION people have downloaded this app!

A simple search will show several authors who have done an Acorns review, such as this. It has certainly gained a lot of credibility quick.


How Does Acorns Work

Have you ever seen the movie “Office Space”? Where they attempt to build a program that takes fractions of a penny and puts it in a separate account, thus adding up over time?

Acorns is similar – sort of.  What it does is, every transaction you make with your bank account, it takes the remaining change, rounds it up to the next dollar, and invests it for you.

Every dollar invested is diversified across 7000 stocks and bonds – this way you always have some good options.


How to Set Up Acorns

The set up to Acorns is really simple, as 1-2-3.

Acorns review

The first step as you can see, is linking your card and/or checking account to Acorns. It will ask you for your basic information, card number, expiration etc. For checks, it will need your account number and routing number.

Once you have your account linked,  Acorns will deposit a few cents (literally, don’t get too excited) – and ask you to verify the deposit.


Choosing An Acorn Portfolio

Acorns gives you some flexibility in choosing the ways you which to invest. There are 5 portfolio options available, from Conservative to Aggressive. Obviously with aggressive, you have the biggest chance of earning money quicker; but you also have the greater chance of losing money, also. Please keep that in mind.

Let’s look at how the pre-made portfolios are setup:


Acorns review

Moderately Conservative

Acorns review


Acorns review

Moderately Aggressive

Acorns review


Acorns review

So, as you can tell, the portfolios differ on how the percentages are split between stocks and bonds.

If none of this is to your liking, you can actually work with Acorns, and create your very own portfolio. They will ask you some questions concerning your goals, along with your financial situation and create you a custom one. (I personally use Conservative, because it is more of a savings tool for me than an investment tool)


Ways to Invest in Acorns

Round Ups

Round ups is the standard investment method for Acorns. But even with round ups, you have multiplier options:

  • 2X
  • 3X
  • 10X

So, for instance if your total was $3.40, and you had your round ups set to 3x, instead of investing $.60 into your account, it would invest $1.80.


This is a set amount you can set up, for any day or days of the week that you choose. On those days, Acorns will invest that set amount for you. I have $5 myself that comes out every Friday.

One Time Payment

Just as this states, if you have a little extra money at some point that you’d like to save or invest – there is an option to do a one time payment.

Found Money

This is an interesting name, but a little confusing. What this is, is specific store brands or chains. If you shop with them, they automatically invest a certain percentage of cash into your account as well. Acorns has some big brand names involved with them, as you can tell from the photo below:

Acorns review


Acorns last alternative to investing, is referrals. For every person that you refer, you get $5. Want to hear even better news? If you are reading this, and you sign up under my link – you get $5 too!

That’s correct, if you click HERE and join, Acorns is going to give you $5 just to get started!

What’s better than free? Paying YOU to try out an app!


How Much Does Acorns Cost 

While Acorns isn’t free, it’s pretty close. It costs you $1.00 a month. Not bad considering they give you $5 to start! That’s your first 5 months, paid for.

Depending on how much you start your account with, and how you set up your portfolio, for a while $1.00 may be more than the interest you earn. However, as your amount grows in your account, it will not be.

I personally started my account with $5. Then I set my account up to deposit $5 every Friday. I now have somewhere over $700 in my account. My goal? Have a big part of Christmas paid for when it’s time to shop!


Can You Withdraw Money?

Yes. Just as easy as you can click a button to deposit money into your Acorns account, you can also choose “Withdrawal” and take it out. You are not penalized for this in any way, it is your money to do as you please with it.

I do recommend giving it around 2 days to make its way back into your account


Is Acorns Secure?

Acorns is protected with 256 bit encryption. I know this is a HUGE concern when it comes to submitting your card or banking information into an app.

Also, your information is never stored on your computer, tablet or mobile phone. So, you do not need to worry about someone hacking your information off of your desktop or similar.

Acorns is also a member of Securities Investor Protection Corporation – which protects them and their members up to $500,000, which includes up to $250,000 worth of claims for cash.


How Do I Get Started?

Getting started is as easy as setting up an email and a password, then logging in and following the steps I listed above.

Again – if you would like to get your first $5.00 from Acorns to try it, click below

I will say that if this really interests you, I would go ahead and jump on it while they’re offering $5 to try them out! With over 1 million downloads already, I don’t know how long this offer will last! (It was not an option when I signed up)


Acorns Tips Video

If you are interested, here is a video offering a few tips and some good details on the app itself:


Acorns Review Conclusion

Acorns is a stable, secure and very reliable app. It is suited for anyone from beginner – to the Wolf of Wall Street!

If you are looking to try out investing, or looking a cool way to save some money (while earning a little also), then you can not go wrong with Acorns.

As always, I’d love to hear your feedback. If you have any questions or comments, I encourage you to leave them below. I will help with any questions that I can pertaining to Acorns.

If this Acorns Review has helped you, please share it by clicking one of the icons below!

Kevin Holloman

Welcome to my site! I am a 37 year old Internet Tycoon by night. Building websites and SEO is my passion. On this site you will find articles, tools and tips on all things Internet Marketing, or making money online. I hope to help you achieve in whatever your passion may be when it comes to earning income online. Thanks for visiting :)

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