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.

Feature	Acorns	Tip Yourself
Overall Score	N/A	N/A
Primary Category	Finance	Online Services

Product Overview

Acorns

Description: 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.

Tip Yourself

Description: 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.

Key Features Comparison

Acorns Features

• 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

Tip Yourself Features

• 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

Pros & Cons Analysis

Acorns

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

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

Pricing Comparison

Acorns

• Free
• Freemium
• Subscription-Based

Tip Yourself

• Free