When it comes to earning money, there are plenty of options out there. But what are the best apps to make money?
There are a ton of ways you can make money from the comfort of your smartphone. With the right app, you can sell unwanted items, start a side hustle, or even save money.
But with so many options available, it can be hard to know where to start. That’s why we’ve put together a list of the best apps to make money in 2021.
1. Acorns – Best App for Investing Spare Change
Acorns is an investing app that allows you to start investing with just a few taps. Once you sign up and link your bank account, Acorns will automatically round up your purchase to the next dollar and invest the difference into a diversified portfolio of exchange-traded funds (ETFs).
For example, if you spend $3.50 on coffee, Acorns will round up your purchase to $4 and invest $0.50 into a portfolio of ETFs. Over time, these small investments can add up and help you reach your financial goals quicker than you thought possible.
While there is no minimum investment amount, Acorns does charge a monthly fee of $1-$3 depending on the account type you choose. However, this fee is waived for students and there is no fee for accounts with a balance of less than $5.
2. Robinhood – Best App for Free Stock Trading
Robinhood is an investment app that allows users to buy and sell stocks, ETFs, and cryptocurrency without paying any commissions or fees. This makes it an excellent choice for investors who want to trade without incurring any additional costs.
Since Robinhood doesn’t charge any commissions or fees, it’s very easy to get started with investing. All you need is an account balance of at least $2 in order to begin trading. And if you refer a friend who signs up for an account, you’ll both receive a free stock worth up to $200!
However, it’s important to note that Robinhood does have some drawbacks. For example, the platform doesn’t offer any research tools or investment advice. So if you’re new to investing, Robinhood may not be the best option for you. Additionally, Robinhood only offers trading in US markets so if you’re looking to invest in international markets, you’ll need to use another platform like eToro .
