I tried Betterment, the robo-advisor that made it easy to save money and build wealth
I created my Betterment account in about eight minutes. First I entered some basic info like my address and phone number, as well as some financial information. Once you link a bank account, you're ready to move cash into Betterment so it can start building your portfolio.
Betterment helps you create a plan for just about any goal, from buying a boat to starting a restaurant to retirement. It customizes your portfolio to accommodate each of these goals accordingly.
Many brokerage firms offer access to employees with knowledge of matters financial. Betterment just makes that access easier. Rather than an in-person appointment or even a phone call, you can send a message to their customer support team right through the app.
Betterment charges you an annual fee of 0.25%, which is $25 if you have $10,000 invested with them. Or $250 if you have $100,000. Or $2,500 if you invest a million. There are no additional costs.
Rather than being an intimidating, opaque process, using Betterment actually made managing my money enjoyable. And it made planning for future financial goals feel rewarding, not overwhelming.
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