5 Top Apps to Start Investing with a Small Budget

5 Top Apps to Start Investing with a Small Budget

Investing and building a portfolio might seem like something only the wealthy can do, but there are plenty of apps that make it easy to start with just a small budget. If that’s your situation, you’ll definitely want to check out these platforms. They’re not only affordable—they also offer security and expert guidance to help you get started. Here are five apps to kick off your investment journey:

1. Acorns

Acorns is one of the most popular apps for beginner investors working with a small budget. It’s perfect for those who don’t know much about the market yet. The app lets you invest automatically using spare change from everyday purchases.

For example, if you buy a coffee for $3.50, Acorns will round it up to $4 and invest the extra $0.50 on your behalf—no need to log in or manage it manually. Over time, those small amounts add up. The app also features a user-friendly interface and allows you to build a personalized portfolio that fits your goals.

2. Robinhood

Robinhood is another well-known platform, especially popular among younger investors. It’s great for those investing with a small budget because you can start with any amount—even just a few dollars—by purchasing fractional shares. Instead of paying for a full share of big companies like Tesla or Apple, you can buy a slice.

There are no commission fees, and the interface is intuitive. It also includes options for trading cryptocurrency, making it ideal for anyone looking to explore the market with flexibility.

3. Stash

Stash is an excellent option if you want to learn as you invest. This app blends financial education with accessible investing. It guides users step-by-step and lets you start with as little as $5.

Stash also offers investment recommendations based on your personal goals and risk profile, helping you feel more confident about your choices. Plus, it comes with a debit card that automatically invests a portion of your spending.

4. Fidelity Investments (Fidelity Spire)

If you’re looking for something more traditional, Fidelity Spire is a solid choice. Fidelity is a well-established name trusted by both new and seasoned investors. The app is designed to help users set and reach financial goals while simplifying the investing process.

There’s no minimum to open an account, and you can buy fractional shares. It also provides plenty of educational resources for beginners. It’s a great way to grow your investments from scratch with the backing of a respected financial institution.

5. Public

Public is another great app to investing with small budget, allowing you to buy fractional shares and ETFs. But what sets it apart is its community feel. The app functions a bit like a social network, where users can share their investment choices, ask questions, and exchange advice—kind of like Facebook for finance.

This interactive aspect makes it easier to learn from others and feel part of a larger investing community. Public also stands out for its transparency and commitment to building a supportive environment for investors.

No matter your profile, there’s an investment app out there designed to help you get started—even with a small budget.

 

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All information in this and other BOISLA articles is subject to change over time. Please check for updates directly with the institutions and companies mentioned. Approval is subject to the institution’s review.

 

REFERENCES:

https://public.com/

https://www.fidelity.com/

https://www.stash.com/ 

https://www.acorns.com/

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