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Contributor
Posts: 38
Registered: ‎03-04-2017

Our local news station had a segment of an app called, Changed, which rounds up your purchases from your debit or credit cards to the nearest dollar and applies that amount to your student loans.  I don't have any student loans, but does anyone know of any apps that use the same principle to put the money into savings or to pay other loans?

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Respected Contributor
Posts: 3,152
Registered: ‎02-05-2018

Bank of America has had an internal prgram like this for over 10 years. No app is needed. I signed up and now anything I charge on my card rounds up and goes into a savings account.

 

There's an app called Acorns that will round up and help you invest the money into stocks or into an IRA for retirement.

 

 

Trusted Contributor
Posts: 1,946
Registered: ‎03-08-2018

I use the Acorns app which rounds up purchases on any credit, debit or checking acounts you link to it.  That money is invested for you.  

Contributor
Posts: 38
Registered: ‎03-04-2017

Thank you for your responses.  I will check out the Acorns app!