WIRED for Acorns
August 28, 2014
As a freshman in college, my one (moderately) responsible financial decision was setting up a checking account that rounded up every purchase I made to the next dollar and shuttled the extra change into a mini savings account. When a friend from the business school suggested I’d be better off investing that money, I ignored him completely. None of the seemingly complex investing options he proposed made any sense to my 19-year-old mind. I was happy to let my money accrue nickel by dime by penny in what amounted to a glorified piggy bank.