Acorns Resolves to Help Millennials Gain Financial Confidence, Improve Finances, With Launch of Personal Finance Site, Grow

Inaugural Issue Features Money and Investing Advice from Startup VC Ashton Kutcher

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Jan 06, 2016, 09:15 ET

IRVINE, Calif., Jan. 6, 2016 /PRNewswire/ -- Less than one-third of millennials are "very confident" managing their finances and nearly half say they're treading water financially, or worse, according to a new poll conducted on behalf of Acorns.

Acorns, the fastest-growing investment app with more than 1.3 million users, aims to empower millennials with the knowledge and confidence to take control of and improve their finances in the new year with the launch of the new personal finance site, Grow.

Grow Equips Millennials to Own Their Financial Future

Grow, a digital magazine that informs and educates millennials who want to be financially successful, is led by award-winning financial journalist and author Jennifer Barrett. The site features original content that helps millennials navigate the small, everyday decisions that can have a big impact on their finances over time.

Every Wednesday, subscribers will receive a newsletter filled with exclusive stories that break down complex financial topics into actionable advice, along with videos, tools, and interviews with money superstars from investor Ashton Kutcher to Vanguard founder John Bogle.

"It's no surprise that most millennials aren't very confident managing their money—few of them have been given the knowledge and tools to be financially successful," said Barrett, vice president of editorial and founding editor of Grow. "Grow is working to close that financial literacy gap by addressing the questions many people have, but don't know how to answer, and delivering advice in a compelling, digestible format. No finance degree required."

Explore Grow at grow.acorns.com and read startup investor Ashton's Kutcher's advice on what makes a good investment, plus the scariest financial decision he ever made. You can also find step-by-step instructions on how to build a better budget, pay off your credit card debt faster and successfully negotiate a raise this year, plus stories on a range of other money topics. Sign up to get the weekly newsletter here: https://www.acorns.com/grow/sign-up/.

* SurveyMonkey polled a nationally representative sample of 1,020 millennials about their financial health and goals in a December 2015 survey conducted on behalf of Acorns.

About Acorns
Acorns is the fastest growing savings and investment app. It allows people to round up their daily purchases and automatically Invest the Change® into a commission-free diversified portfolio of index funds offered by the world's top asset managers (Vanguard, Blackrock and PIMCO). Founded in Newport Beach, California by father and son team Jeff and Walter Cruttenden, Acorns provides a simple entry-point for anyone to get started using the Acorns app on iPhone or Android. The app and financial engine were built with natural human behavior in mind to help inspire realistic investment strategies that can be held for the long term. Customers accumulate fractional shares and automatically save and invest into a portfolio constructed by world-renowned Nobel Laureate economist Dr. Harry Markowitz. Acorns' smart portfolio algorithms automatically work behind the scenes, helping people build wealth naturally, pennies at a time. From Acorns mighty oaks do grow.

About Grow
Grow is a digital magazine that informs and educates millennials who want to be financially successful. Published by Acorns, the fastest-growing investment app, and led by award-winning financial journalist and author Jennifer Barrett, Grow features exclusive stories that break down complex financial topics into actionable advice, along with videos, tools and interviews with money superstars from investor Ashton Kutcher to Vanguard founder John Bogle. Weekly newsletter sign up is available at grow.acorns.com.

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