Saving your money is great, but it’s even better if you can grow your hard-earned dollars via investments. Most investments whether it’s stocks, bonds, or even buying a house, offer returns on your money over time. The return on investments allows your money to (eventually) turn into more money—win-win. But navigating how to make the right investments can be tricky, which is why we’ve picked out six apps that make investing (read: adulting) much easier.
The world of investing is no longer a boys club. Ellevest provides investment services tailored specifically to women, taking into account their needs, incomes, and life cycles. They also invest users’ money in companies that advance women. As the saying goes: Money is (girl) power.
If you have no idea what the hell investing even means, Stash is a good place to start. It’s practically built for beginners: They walk you through the steps as you go and offer tons of articles and tip sheets that will give you all the info you need to go from total newbie to confident investor. With as little as $5, you can start creating your personalized portfolio and set up automatic cash deposits.
If you’re worried about getting into the investment game because of the fees, Robinhood is for you. It’s free to join and offers zero commission trading, so it keeps fees low. Plus, the app itself is simple and intuitive to use.
For the “set it and forget it” person, Acorns rounds up your credit card purchases and invests the change, allowing you to invest with practically no effort. You can also take a more proactive approach and set up recurring investments for now, or plan for your retirement. Either way, it’s super easy to use.
Swell helps you invest in high-growth companies in industries like renewable energy, green tech, and conservation. Why not make your money work for the global good as well as your own financial future?
Once you’ve started investing, Openfolio allows you to link all of your accounts together to create a complete view of your finances. They also assess and score your portfolio against investing best practices to provide personalized, actionable tips for improvement. Bonus: The app can also be used with your other investment apps, so you can track it all in one place.