Month: February 2018

Acorns Investment App Scam

Acorns Investment App Scam

Is Acorns Investment App a Scam? Read To Find Out

Acorns Investment app turns your loose change from card purchases to an investment into a savings account. This is yet another app of many where you link your credit or debit card and the app does all of the work. This app rounds up the change from every purchase you make to the next dollar. What sets Acorns aside from other apps is that it transfers your money to a portfolio for investments from your linked account. I’m going to tell you whether this app is legitimate, where your money goes, and if there are any hidden fees.

Also just to let everyone now that I dont not provide any trading or investment advice this article is my personal experiance and my opinion if you decide to invest that is all up to you.

All About Acorns

The Acorns Investment app has a 4.7-star rating on the iOS marketplace. A lot of the reviews rave about the continuous learning about investments. While some reviews give one star the app development does an excellent job of responding to the reviews to help the user feel more at ease with the app. Since Acorns deals with money directly from your checking account that might make you a little uneasy but rest assured Acorns doesn’t take any money out of your account until you have reached a total of $5 in change that is rounded up from purchases. The fact that this company responds to customer complaints in a swift manner and doesn’t touch any of your money until you’ve accrued so much money over time makes it seem more legitimate.

Acorns investing app scam

How Acorns Works

What makes potential customers question the app’s legitimacy is the claims that it makes that it rounds up your change after every purchase you make isn’t entirely true. No one can round up your purchase except for the merchant itself. For example, if you go to Target and make purchase of 7.53 and then donate .47 to the Children’s Miracle Network, Target can round your purchase to the nearest dollar. Acorns cannot do that. Acorns operates with roundups where you make that’s same purchase at Target and that extra .47 populates on the appand shows you how much is available for an investment. Acorns does not take any money from your linked account until you have reached $5 in rounded up change from purchases. It takes multiple purchases to reach that $5 amount meaning that a couple of times a month $5 will be transferred from your linked account and sent to a stock portfolio set up for you by Acorns.

One positive thing about the Acorns app is that nothing is stored on your phone when you have the app. Meaning if your phone is lost or stolen none of your personal information can be tampered with in any way. Apple devices and Android devices allow you to pay with your phone now making it easier to link the app to your card. Making the app more convenient to use. Security if of importance to both the users and creators of the Acorns app making it seem a lot more legitimate. The app being secure and easier to use does not make this app appear as a scam, but instead a legitimate investment app.

Any Fees?

Now, you may be wondering if there are any fees for using the app and there are. Acorns is very forward about the fact that they do charge you fees for using their app. If your account is less than $5,000 then you pay Acorns $1 a month for their services. However, if you are a college student Acorns is free to you. It appears Acorns is targeting the college age demographic and making it easy for them to invest. So, if you’re a college student here is how you avoid using those fees. If you are younger than 24 and have a college email that ends in .edu then you are eligible to use the app with no extra charge. If you are older than 24 and a college student by listing your employment status as student, you along with your .edu email you surpass having to pay the $1 monthly fee. As a caution, don’t falsify information saying you are a college student when signing up as that could get you into legal trouble later on down the line while using the app.

You are also questioning where Acorns puts your money after they take that $5 out of your linked account. It does not go into a savings account, but an investment portfolio created just for you. Luckily, there are places you can go online to see what exactly those investment portfolios look like. After you have began making investments with the money Acorns takes out your balance will fluctuate with the markets. If you are thinking of making this a long-term investment for retirement or your children’s future that is one thing you have to keep in mind while using this app. Your investments will not stay the same and will fluctuate over time. However, Acorns is a good learning tool for those new to investing. Acorns is different from its competition in that your money doesn’t go into a savings account, rather an actual investment for your long or short-term future.

acorns

How To Join Or Sign Up

Sign up For Acorns Here  and get $5

Legit Or Scam Final Thoughts

Acorns Investment app is a legitimate application for people that are wanting to become investors. When you make a purchase at any retail store and restaurant Acorns allows you to make an investment in your future. $5 a couple of times a month over an extended period of time can make an impact on your investment future. Acorns gives you the opportunity to have your own stock portfolio, and like it’s many reviews educates you on what it means to invest into stock. With Acorn’s positive reviews you can be more confident in the fact that it is not a scam, but a legitimate investment app.

If that does not solidify your confidence in this investment app then remember that there is a lot of security surrounding it. While it is something that is linked to your credit or debit card the app doesn’t store things to your phone meaning you wont lose anything if there is a loss or stolen issue with your phone. Acorns is changing the way people invest by helping them invest in themselves with each purchase they make by taking the residual change from those purchases and adding them to the nearest dollar. Acorns is not a scam but a legitimate investing app.

Wealthy Affiliate Scam

Wealthy Affiliate Scam

Welcome today wanted to take a quick moment and tell you about a great way that you can learn and earn in the 2018 year. Affiliate marketing is one of the best ways to make money in 2018, affiliate marketing is a way for you to earn commissions for products or services that you can promote from other company’s like Amazon and earn a percentage from what you sell. So not to take too much of your time ill also talk about Wealthy Affiliate an online program or you can call it an university where you can learn how to be an affiliate marketing expert!

wealthy Affiliate scam

What is Wealthy Affiliate is it Another Scam?

Let get this out of the way since most people would like to know if Wealthy Affiliate is a scam and if it is something worth signing up for. I will tell you my personal experience with Wealthy Affiliate, I have been a member with them for about 3 years now and I ll say this it is the more legit company I have been a part of with a great vision and a purpose to help others become successful in the online affiliate marketing world. Later in this post I’ll explain the benefits of Wealthy Affiliate and break down the cost with being Wealthy Affiliate member.

Benefits Of Wealthy Affiliate

Wealthy Affiliate is all about help you become a better affiliate to start off I want to run down some great pros about the being a member at Wealthy Affiliate.

Wealthy Affiliate Training

Training at Wealthy Affiliate is all the training you will need. If you are a beginner or more of an expert there is something for everyone to learn with video lessons from getting started to running ads it is all there an all in one platform for you to learn and keep learning with the changing online world. Also, there are live videos every week where you can learn from the experts that are killing it in the affiliate industry.

Wealthy Affiliate Hosting

As you may or may not know Wealthy Affiliate is it is own platform offering it is own hosting included in your price of a premium member or a free member you will also have the chance to build your own site for free.

Wealthy Affiliate SSL

Being a member means you have a secure site with Wealthy Affiliate you will have a secured website included in your price, these benefits would cost you a lot more somewhere else.

Wealthy Affiliate Comments/FeedBack

How about writing content and getting feedback for it from other experts? Maybe you have build a site and need a different pair of eyes to see how you can improve it to be even better with wealthy affiliate as a premium member you will have that as well.

Support

If you are ever stuck on your site there is always someone to help you out if you need help. From issues with your site to just regular questions there will be someone to help you out.

Email/Page Speed/Affiliate Boot Camp

Looking to promote Wealthy Affiliate and earn some money you can do that also, another thing that is great about Wealthy Affiliate is that you have access to an email that you chose with your site that you build which is another great tool to have and not have to pay extra all included in the price. Also, for another great feature is getting able to look at your site load times and fixing any issues that will slow down the load times.

Keyword Tool and Site Content

For the last two that I wanted to talk briefly is Wealthy Affiliate’s own keyword research tool that will help your life when looking for keywords to write about, and site content very own content writer and content checker so you can write and check spelling and grammar, to even if your article is unqie.

Wealthy Affiliate Price Break Down

Here is the price breakdown between the free version and paid so you can see what you are paying for. Also, there is a cheaper way and that is to go yearly you will end up paying way less.

Wealthy Affiliate Scam

To Sign Up Or Not To

Well if you are looking for a way to start your own little business in affiliate marketing than Wealthy Affiliate is a great way to start learning and even making some money depends on how dedicated you are. I have layout the benefits above and from me being a member for 3 years I know things are gonna keep getting better at Wealthy Affiliate with more great improvements and for the price you will not find a better all in one plate form like Wealthy Affiliate. If you are ready to sign up feel free to click the banner above or click the link below I’ll be glad to help you out and if you just want to give it a try now that is free and you can get a feel for it to see if this is something that you would want to do.

 

Sign Up Here