Have you ever dreamed of making money online doing absolutely nothing? If the answer is ‘’YES’’, then stop dreaming because it is a reality. You might be asking yourself ‘’How can it actually be possible to make money doing nothing?’’ The truth is that it is very simple and you don’t have to change anything in your life. By the end of this article, you will not only understand exactly how to make money online doing nothing, but I am actually going to share a way you can make even more money with even less effort.
All of us spend money on small things every day whether we are conscious about it or not. Many of us feel guilty because we know that it adds up and a coffee a day can cost us a lot more than we can imagine on a monthly basis. The good news is that the method I am going to share allows you to make money online doing nothing differently than you’re already doing.
Investing made easy
We all know how important investing is. It’s one of the best ways to grow your online business and wealth. How many of us are actually investing? The answer is ‘’not many’’. Warren Buffett, the greatest investor of all times, makes tens of billions of dollars doing just that one thing – investing. Even though everybody knows that they should be investing, the thought of finding stocks and doing the research necessary pulls them away. It is too time-consuming and it craves a lot of our energy.
What if there was a better way? What if there was someone who knows a lot more about investing than you and is willing to invest money on your behalf? Wouldn’t it be cool if someone did all the job for you without you actually having to do anything? The good news is that the technology of today has made all of this possible. Back in the days you had to pay up to $15 a trade every single time you wanted to buy a stock, but that is not the case anymore.
Everything is possible with just one app
The method that we’re going to be talking about today is called Acorns. It is an app that allows you to make money online doing literally nothing. The team behind the app is making all the investments for you. The way Acorns works is that it rounds up purchases you’re already making and automatically invest the difference on your behalf. For example if you buy a coffee at Starbucks and spend $2.75, Acorns will automatically round that up to $3 and then it will invest the difference ($0.25).
Acorns will invest your money the exact way that you tell them to. When you sign up for a free account, it will ask you what type of investment strategy you feel most comfortable with. It’s okay if you don’t know anything about investing and are still a beginner. Acorns will do all the job for you.
Their team of experts are well-educated and will invest your money for the maximum return. They can invest in safe investment vehicles, such as Vanguard and index funds, but they can do more complex investments as well. Whichever option you chose, you can be sure that your money is in good hands. The best thing is that you are not changing anything in your lifestyle. Acorns just invests the difference of your usual purchases. With that being said… Do you think that the more you purchase, the more you will earn? Let me know your thoughts in the comment section below : )
Features to multiply your return
Acorns has also a pretty cool feature called the Round-Up multiplier. Let’s take our previous example. If you spent $2.75, it would round up to $3. That is a difference of $0.25 that Acorns will invest on your behalf. If you chose the Round-Up multiplier to 10X, the difference of $0.25 is going to turn into $2.50. It’s up to you to decide if you want to use this feature or not. You can choose between different multipliers, for example 2X, 5X or10X.
Which option you choose depends on what level you want to take your investing to. Remember that the better the market is doing the higher returns you will get. If the market is doing well you can actually make money online doing nothing.
You don’t need to spend any time actually making those Investments or researching the legitimacy. All you have to do is to continue buying your favorite coffee at StarBucks or whatever it might be that you are spending your money on, as long as you use your credit card.
Another cool feature of Acorns is that it allows you to save that money on daily, weekly or monthly basis. You can set up a recurring investment strategy to hold yourself accountable and save your money. The case for many of us is that we struggle to save our salary and manage our incomes.
Even if you invest just a dollar a day that will start to add up. A dollar a day, 365 days a year equals $365 every year. Your investments will start to go up very quickly. If you decide to put even more money, it will pile up and the amount of money you will be making with no effort will amaze you.
Make even more money with even less effort
I promised to share a way to make even more money with even less effort. The simple way is to use your referral link that Acorns gives you once you signed up. The cool thing about it is that every time someone signs up through your referral link, both you and that person will get $5 deposited into your Acorns account. Imagine that you send the link to just 5 of your friends. That is $25 for free with almost no effort.
If you go out there and find people to sign up to Acorns which is completely free for college students and only $1 a month with a basic plan, you can make a good amount of money just by spreading it to the world.
It’s a very useful app that can help a lot of people to make money online doing nothing. Instead of investing their time, energy and hard-earned money into regular investments, people can actually continue living their life as the used to and still make money along the way.
It is as simple as it sounds
Investing is still one of the best way to make money but it can be very overwhelming if you don’t know what to invest in or how to do the proper research. The good news is that there are apps out there that make everything easy for you. Acorns is an app that invests and manages your spending in order for you to get the highest return possible. Of course every market has ups and downs but Acorns uses the strategies that successful investors like Warren Buffett recommends.
==> If you want to learn more about how you can start making money online by promoting other people’s products from the comfort of your own home, then check this post that will explain everything in detail.<==