5 Investing Apps to Get Your Bank Account in Action

Curious about investing, financial literacy, and getting your bank account popping? Has the language, the entry barrier, and the giant heap of information you need to learn to be successful discouraged you from taking that first step? It's a universal problem actually, with more than a quarter of the population having admitted that missing just one paycheck has sent them into dire financial straits. So some brilliant minds have worked to solve that by developing apps that help us overcome our human inertia and make saving and investing a really fun adventure. Here are 5 apps that will help you get your bank account in action.

Stash

Stash is cool because they present you with the tools and options to build a portfolio based on your lifestyle and values. Free for the first 3 months, and then just $1 per month after, you can start investing for as little as $5. Stash also provides simple savings and investing tips to help you develop smarter financial habits. Set your funds on auto-pilot and watch your stash pile up.

Acorns

An app that makes investing for us common folk effortless, I'm personally fond of Acorns. Acorns syncs with your with your bank account and credit cards, rounds up the spare change from your purchases and invests it, and you watch as your piggy bank grows

Betterment

Many of the reviews of this app are from more seasoned investors who say Betterment makes investing easier and allows you to see all your account balances in one central location. Betterment provides a range of different account types that you can customize, tailored for optimal returns. Betterment boasts tax-efficient rebalancing, automatic dividend reinvesting and automatic deposits. Betterments mission is to help people better manage, protect, and grow their wealth.

Robinhood

An outlawing the investing world, much like its namesake, Robinhood provides free stock trading on a slick platform tailored for smartphones and smartwatches. While this app is still too new to have any reviews in the app store, it is an Apple Design Winner, and a critical darling. With no minimum balance required it's a great way for beginners to bend the learning curve, and an awesome tool in the back pocket of the savvy vet.

Of course, if you're looking for something with a lot more zing, you might want to check out a membership to Jim Cramer's Action Alerts PLUS, which provides you with real-time trades. For more on that, click here.

PayPath
Follow Us on
Photo by Arlington Research-Unsplash

You’re powering through your morning. You’re in the zone. Getting so much done. But then you get Slacked with an innocent question: “Gotta moment to discuss the Jefferson thing?”

Keep readingShow less

Ever since the pandemic popularized (or forced) virtual meetings and, countless companies adopted the hybrid work model or went completely virtual. And once the public health crisis was declared over, we remained confined to our desks in our kitchens and attics working from home.

Keep readingShow less

April 18 came and your taxes were not ready. So you filed a tax extension. Well, you should file an extension, if you haven't already. Form 4868 is one of easier tax forms to fill out and it will give you an extra six months to get your taxes together. Everyone is eligible for a tax extension. The extension gives you until October 17 to file your taxes, but keep in mind if you owe the IRS money; it is still due April 18. Once you've filed an extension, what happens next?

Keep readingShow less