Tax Day is almost here… but no need to stress! There are apps to make your job easier, which is why we called in tech expert Adam Peruta.
Here are four apps you may want to use to help invest your tax refund:
- Robinhood — This is an app which serves as a simple brokerage service. It is geared towards those who are just “dipping” their toes in. It is designed for the handheld mobile world, which is important because apps are key to getting millennials back on their financial track. For more information, you can look for them at www.RobinHood.com
- LOYAL3 — This is not only an iOS app, but also in the web. This gives everyday investors the chance to buy and sell stocks for the brands they love as consumers, such as Apple and Amazon. It also gives users the chance to buy into hard to get initial public offerings. There is no fee needed. For more information you can find them at www.Loyal3.com
- Digit — Digit analyzes your income and spending every few days. It checks your spending habits and removes a few dollars from your checking account if you can afford it to Digit savings account. It never transfers more than what you can afford! You can easily withdraw your money any time! You can find more information at www.digit.co
- Acorns — You can find Acorns through their app or website. Your spare change from linked credit and debit card purchases is rounded up to the nearest dollar and invested in six different funds. It is good way to just start investing, especially if you don’t want to pay high fees. It charges $1 a month for accounts under $5,000. For more information, go to www.acorns.com/app-guide