Скачать или смотреть Acorn App vs M1 Finance App Review 2021

M1 Finance vs Acorn which finance app is better and why. It's like comparing apple to android. 🎁ACORN FREE $5🎁 Link: https://acorns.com/invite/38EYSU

What is M1:
It gives you access to 3 core products, investments, borrow and spend. And each of these products has a different job. According to M1 Finance its the one account that does everything. Borrow, Invest and spend.

What is Acorn: Market 3 million customers paying 1-3 dollars a lot of revenue to cover customer service and make a steller application.
Acorn is an investment app that allows you to slightly adjust a portfolio for you that is balanced according to your goals. Nobel price winning economist designs these Porfilio. And now they also have a debit card that allows you to save and round up up you cash real time: investment, retirement and digital marketing.

Acorn Pros:
Bank to Bank Transfers
No overdraft fees
No Minimum Balance
Nationwide Free atm Reimbursement unlimited ( just by the savings on atms it makes the 3$ a month worth it)
Found money: 90-120 days
Personalized spending strategies coming soon
To allow you to customize your saving more
Digital direct deposit, mobile check deposit, and even check sending coming soon.
Withdraw limits of 500
Does have apple pay and Samsung pay ( assuming you can use apple pay to send money to friends)

M1 Finance
Support Joint accounts
Plenty of options
Customized portfolio and distribution however you want
Great customer service
Can borrow against your portfolio for a low price
Ability to invest in one security, while acorn distributes evenly.

Similar:
Partial Shares:
Fees- M1 has a 125 fee vs Acorns 12$ or 24, or 36 dollar fee
Education
Acorn Might mandate equal distribution to make sure there's always order to be able to fulfill partial shares

Both Lack:
Ways to waive monthly fees
Ways to send money with zelle, I think its because they are both backed by different banks and are not really a bank themselves. But with acorn, you do have PayPal to transfer cash
No bill pay, ( I don’t mind it as much because you can just set up auto pay)
No atm deposits only withdrawals

Marketing
Acorn: Spend, Earn, Grow, Invest
M1 finance: Borrow, invest, spend
Get in the door with 5 with acorn
Get in the foor with 100 with m1 finance

Improvements:
Acorn:
Cashback on that debit card
High yield savings
Borrow against Porfolio for a low fee
24-hour customer service
Remove management fees altogether; once people hit a million they will transfer somewhere else if the fees are too high.
Allow people to decide where they want to buy all the shares in the security, no more mandatory spread.


PRO TIP*
INFORMATION IS EVERYTHING

👕Merch👕
https://teespring.com/stores/tommybryson

✅2 FREE AUDIOBOOKS✅
https://amzn.to/2Enayo8¬¬¬

🎁ACORN FREE $5🎁
Link: https://acorns.com/invite/38EYSU

⚡FREE KINDLE UNLIMITED⚡ (traditional reading)
Link: https://amzn.to/2VGbxt9

My Camera Gear: https://amazon.com/shop/tommybryson

✔ Help Us Reach 5000 Subscribers: https://goo.gl/0wvm6w

Social Media~

Facebook:   / tommybryson.yt  
Twitter:   / tommybrysonvlog  
Instagram:   / tommybryson  
Snapchat: tommy28fly ---
Disclosure & Educational Disclaimer:
Some links in this video may be affiliate links, and I may earn a commission. Content is educational and accurate as of posting; offers may change. I’m an accountant but not your accountant; always consult your own accountant/CPA or financial advisor. No income or results are guaranteed.