Acorns is a financial app designed to make investing easy and automatic for beginners. It works by rounding up your everyday purchases to the nearest dollar and investing the spare change in a diversified portfolio. Essentially, every time you make a purchase, the app takes a little bit of extra money (the "round-up") and puts it toward your investments.
In addition to round-ups, Acorns also offers features like retirement accounts, banking, and cash-back options with certain retailers. The goal is to help users build wealth gradually without needing a large initial investment or advanced financial knowledge.