Best Way to Invest for Child Future

Saving money can be challenging, especially if you feel like you have nothing to save! But there is still an easy and simple way to make sure you are saving for your child. Here is an app that I think is the best way to invest for child future.

*Disclaimer: links are affiliate meaning I may receive a small commission at no additional cost to you*

Everyone always tells you to make sure and set up a savings fund or account for your child the moment they are born, and you should, but what if you don’t have the means to save a huge chunk of paycheck every time?

You want to provide a savings for your child’s future whether it is for college or their first car, their wedding, or to give them when they get their first home.

The reasons to save are endless. But what if the means to save aren’t endless.

I have been there.

Let me tell you, it is not fun.

It’s not fun to have nothing to give your child for their future.

But I found an easy solution that doesn’t take a huge chunk of paycheck every month. This is the best way to invest for child future endeavors.

Acorns.

No, not the nut. The app.

Acorns is a super easy app that allows so many ways to save for whatever you need. Whether its a child’s savings or a savings for yourself.

So lets talk about the best ways to invest for child future.

Round-Ups

This app lets you link your debit or credit cards and it will take the “spare change” from your transaction and it will round-up your total to the nearest dollar.

Example: you make a coffee purchase for $4.95, Acorns will round up your total to $5 and put that extra 5 cents into a savings fund.

This way you are saving spare change without even thinking about it! Easy right?

Automatic Investments

Acorns will also let you set up a way to save weekly. This is the one I love the most and currently use monthly!

I have it set up where every week $5 will get taken directly out of my checking account and put into a savings fund. It is a separate savings from my normal savings through my bank.

This weekly amount of $5 adds up quick. So basically without having to think about it (or remember to do it), I am saving $20/month.

It is that easy!

So Many Ways to Invest Too!

Acorns also has many different funds you can set up not only for your child’s future.

They offer ROTH IRA accounts, IRA accounts, etc.

So many different accounts you can set up to save for the future all within an easy to use app.

Cash Back Savings

Acorns also has a cash back program called Found Money.

Shop with the Found Money partners (Nike, Sephora, Walmart, AirB&B, Walgreens, Expedia, etc.) and you’ll automatically earn a bonus investment in your Invest account.

As you can see there are many different ways to invest for anything in your, or your child’s future.

You can set up a savings fund in minutes and start saving little by little.

Like I said previously, I only put $20/month into that savings through direct savings, and even more than that with the round-up spare change feature!

So check out Acorns to see if this is more something you can accomplish for your family, instead of stressing about putting hundreds away each month for your child future.