Resources
The accounts and apps I actually recommend
More than one option on purpose, so you can pick what fits your life.
Step 3
High-yield savings accounts
Pick the one that fits you. I’m not here to push one bank, amiga.
SoFi Checking & Savings
Checking and savings in one app, with Vaults to split your money by goal (rent, bills, emergency). Top APY needs direct deposit, so check the current terms.
Check current rates & termsStep 4
Beginner investing apps
All three let you start with a few dollars. Investing has risk, and values can go down.
Acorns
Rounds up your purchases and invests the spare change automatically. The easiest “I didn’t even notice” start.
Check current rates & termsRobinhood
Buy fractional shares of stocks and funds with a few dollars, right from your phone.
Check current rates & termsSoFi Invest
Already banking with SoFi? Your investing account lives in the same app, with fractional shares from $5.
Check current rates & termsHeads up: this post may contain affiliate links. If you open an account through one, I may earn a commission at no extra cost to you. I only share accounts I would tell my own sister about. This is education, not personalized financial advice. Read the full disclosure