The App that Invests as You Spend
What comes to mind when you hear the word 'investment'? The dictionary tells us that it means "allocating capital to an endeavour with the expectation of generating an income or profit." Yikes! Sounds heavy. No wonder many of us consider the process to be, at best, confusing. Enter Plum!
Plum is an app that does it all for you–automatically saving by Rounding Up your transactions to the nearest £1, and investing automatically in companies like Apple, Facebook or Google.
Now with over 500,000 users in the UK!
Here's how it works:
1) You link Plum to your bank account so it can analyse your transactions and calculate how much to round-up.
2) Enable round-up in the 'Brain' section.
3) Pick how you want to invest your money. Plum offers plenty of choice on where to put your money, using hand-picked tracking funds.
3) BOOYAKA! Plum will then automatically invest your spare change, which quickly add up to a nice stash.