Acorns vs Tip Yourself

Struggling to choose between Acorns and Tip Yourself? Both products offer unique advantages, making it a tough decision.

Acorns is a Finance solution with tags like microinvesting, spare-change, index-funds, diversified-portfolio.

It boasts features such as Round-up spare change, Automated investing, ETFs and index funds, Goal-based investing, Found Money cashback rewards, Acorns Spend debit card, Acorns Later retirement accounts and pros including Easy way to invest small amounts, Hands-off approach, Low fees, Educational resources.

On the other hand, Tip Yourself is a Online Services product tagged with browser-extension, selfcare, tipping, personal-finance.

Its standout features include Automatically rounds up online purchases to the nearest dollar or custom amount, Deposits the rounded up amount into a user's Tip Yourself account, Allows users to set a custom percentage to round up purchases, Provides a dashboard to track savings and withdrawals, Supports multiple payment methods and e-commerce platforms, and it shines with pros like Encourages self-care and savings through automated micro-transactions, Easy to set up and use with minimal user effort, Helps build a habit of saving money for personal expenses or emergencies, Provides visibility into spending and savings through the dashboard.

To help you make an informed decision, we've compiled a comprehensive comparison of these two products, delving into their features, pros, cons, pricing, and more. Get ready to explore the nuances that set them apart and determine which one is the perfect fit for your requirements.

Acorns

Acorns

Acorns is a micro-investing app that allows users to invest their spare change from everyday purchases. It automatically invests small amounts into a diversified portfolio of index funds to grow users' money over time.

Categories:
microinvesting spare-change index-funds diversified-portfolio

Acorns Features

  1. Round-up spare change
  2. Automated investing
  3. ETFs and index funds
  4. Goal-based investing
  5. Found Money cashback rewards
  6. Acorns Spend debit card
  7. Acorns Later retirement accounts

Pricing

  • Free
  • Freemium
  • Subscription-Based

Pros

Easy way to invest small amounts

Hands-off approach

Low fees

Educational resources

Cons

Limited investment options

No control over specific investments

Requires linking bank account

Monthly fee for higher tiers


Tip Yourself

Tip Yourself

Tip Yourself is a browser extension that allows users to set aside a small percentage of online purchases to send to themselves as a 'tip' or act of self-care. It rounds up purchase amounts and puts the difference into the user's Tip Yourself account.

Categories:
browser-extension selfcare tipping personal-finance

Tip Yourself Features

  1. Automatically rounds up online purchases to the nearest dollar or custom amount
  2. Deposits the rounded up amount into a user's Tip Yourself account
  3. Allows users to set a custom percentage to round up purchases
  4. Provides a dashboard to track savings and withdrawals
  5. Supports multiple payment methods and e-commerce platforms

Pricing

  • Free

Pros

Encourages self-care and savings through automated micro-transactions

Easy to set up and use with minimal user effort

Helps build a habit of saving money for personal expenses or emergencies

Provides visibility into spending and savings through the dashboard

Cons

May not be suitable for users who prefer more manual control over their savings

Requires users to have an active payment method linked to the extension

Limited to online purchases, not applicable for in-person transactions