Acorns Review 2024 [Guide for College Students and Recent Grads]

Final Thoughts

Overall, Acorns may be a good way for college students and young adults to get started with investing. It’s easy to use and low cost, making it a great investment tool for beginners.

However, there are some drawbacks — the main one being the subscription fees, which can eat away at a low investment balance. You’re also not able to purchase individual stocks on Acorns

That being said, Acorns’s round-up to the nearest dollar feature and automatic investments are great if you want a hands-off approach to investing over time. So, if that’s what you’re after, sign up today to open an Acorns investment account.

And, if you’re looking for more beginner finance tips, check out the rest of our blog where we share advice on things like how to save money in college and how to build credit fast!

Important Disclosures

The content is for informational purposes only and should not be considered a replacement for individualized financial advice.  This is an Ad for Acorns and the material may be biased.  Compensation creates an incentive for the promoter to recommend Acorns.  The content was not created by a financial professional.  
Investing involves risk, including loss of principal.  Please consider, among other important factors, your investment objectives, risk tolerance and Acorns’ pricing before investing.  
Round-Ups® are transferred from your linked funding source (checking account) to your Acorns Invest account, where the funds are invested into a portfolio of selected ETFs. Only purchases made with Round-Up accounts linked to your Acorns account with the feature activated are eligible for the Round- Ups® feature. Round-Up investments from your funding source will be processed when your Pending Round-Ups® reach or exceed $5.  
A properly suggested portfolio recommendation is dependent upon current and accurate financial and risk profiles. Clients who have experienced changes to their goals, financial circumstances or investment objectives, or who wish to modify their portfolio recommendation, should promptly update their information in the Acorns app or through the website. 
Acorns Subscription Fees are assessed based on the tier of services in which you are enrolled.   
Acorns is not a bank.  Acorns Pay, LLC offers an Acorns Checking deposit account, FDIC insured up to $250,000.  Acorns Visa™ debit cards and banking services are issued by Lincoln Savings Bank or nbkc bank, Members FDIC.  
The ETFs comprising the portfolios charge fees and expenses that will reduce a client’s return. Please read each prospectus carefully before investing.
Acorns does not provide access to invest directly in Bitcoin. Bitcoin exposure is provided through the ETF BITO, which invests in Bitcoin futures. This is considered a high-risk investment given the speculative and volatile nature. 
Acorns Earn provides subscribers access to shop with our partners and earn bonus investments into your Acorns Invest portfolios when purchasing items from the partner brands.  
No investment strategy and no level of diversification or asset allocation can ensure profits or guarantee against losses.
Investment advisory services offered by Acorns Advisers, LLC (Acorns), an SEC-registered investment advisor. Brokerage services are provided to clients of Acorns by Acorns Securities, LLC, an SEC-registered broker-dealer and member FINRA/SIPC.
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