Making money with Acorns – November Update

Acorns investing spare changeSo I missed a month in sharing how I was going with my savings side project.  November was a busy month and I didn't have much time to write.  But enough with the excuses, here is how I went.

For those who don't know, Acorns is a little app that will transfer money from your bank account into an investment account automatically.  It rounds up your purchases to the nearest dollar and transfers this amount into the account.  So the more you spend the more you'll invest.  I like how it just works magically in the background and I don't need to do anything.

November Result:

Starting Balance: $750.24
Deposits this month: $65.90
Ending Balance: $829.19

Income this month: $13.02

All time income: $39.65

The little bump in income has been due to a good month in the global markets.  Things feel like they have gotten a bit stagnant, but that may be my imagination.  What I do need to do is top up the account if not enough is being transferred each month.  My goal is at least $100 per month and I haven't been hitting that.

Leave a Reply