Being broke sucks. Giving up experiences because you don’t have money really blows. What’s the point of working if you are never going to have money to spend on what you really want – travel?
Unfortunately, it’s easy to spend money, especially with new mobile payment systems like Apple Pay or websites like Amazon with one-click pay. Money is always within reach when you want to spend it.
It’s all about prioritizing.
Have you ever heard the saying, “The best time to start saving was 20 years ago. The next best time is now”?
If you haven’t, this is one of my FAVORITE sayings. Why? Because it highlights the importance of just getting started. That means getting started with saving, even if you don’t have a penny to your name.
I’m happy to introduce one of my favorite tools that has helped me sock away small amounts of money consistently, leading to enough money to help me go on trips when I want.
Plant your Acorns (Your Money) and let them grow.
(Use the link above and get $5 towards your new account!)
I love Acorns because you just have to add in the accounts that you have (checking and savings, credit cards, etc.), and Acorns will automatically round up your transactions (if you spend $7.41 on lunch, Acorns will take $0.59) to the nearest dollar and invest it for you. These are very small amounts, but add up to enough money for several weeks of vacation over time! If you are short on cash, you can always pause your contributions and start them again later.
If you’re worried about the investment part, just set your “allocation”, or the proportion of your money that will go to buy different funds, to “conservative”. This will make your account more predictable. I have very happily used this saving method since 2014.
The best part about a system like Acorns is that you are automatically saving small amounts – you don’t have to feel like you’re missing out on other things! It’s a win-win!
When you spend at certain retailers, you can actually get extra cash back with their Found Money program. Currently, companies like AirBnb will give you an extra bonus – a proportion of what you spend – directly in Acorns when you buy from them, so you can save even more!
Pretty soon you can end up with $1000+ without much effort. That’s enough for a couple weeks of vacation if you combine it with cheap airfare and housing! Try it out!
[Recommended Read: Don’t Pay Your Bank]
How have you been using Acorns?
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P.S. This post contains affiliate links. I may be compensated a tiny bit if you use my link!