A guide to inviting your friends to Acorns 

When you love something, the first thing you want to do is share it — favorite restaurants, favorite movies, and even good money habits you’ve picked up along the way. 

Acorns makes sharing those habits easy. Our referral program, Share the Wealth, helps you help the people you love by giving them a chance to grow their money knowledge and their nest egg — just like you!

Why should I invite my friends? 

For many, their introduction to saving and investing is through a knowledgeable friend or family member. And in this case — that’s you! 

At Acorns, we’re on a mission to give every person a chance to grow their wealth, as well as their money knowledge. And to do that, we need your help. 

And we’ve gathered a bunch of resources below that you can use to encourage your loved ones to start growing their oak.

As an added bonus, both you and your friend will receive a $5 bonus investment when your friend signs up and makes their first investment of $5 or more. You could also earn even bigger bonus investments during our limited time promotional periods (can be over $1,000!)

Tips for inviting friends 

One of the most common questions we get from Acorns advocates is “Where do I start?” In general, the best way is through sharing why you started investing. Speaking to what you’ve learned along your investing journey can be just as powerful. We’ve summarized a few tips below that can help you share that knowledge. 

Tip #1: From acorns, mighty oaks do grow

The power of time and the stock market doesn’t discriminate. No matter how much you choose to invest, you’re giving each dollar a chance to grow. 

For example, at a hypothetical 6% rate of return, investing $5 a day could mean over $70,000 in 20 years — nearly doubling the total investment you would have put in. To see how much your money could grow through investing, check out our compound interest calculator. 

Tip #2: Saving money vs. investing it 

Saving money is a smart move. But consider this: the average interest rate on a savings account is about 0.4%, meaning for every $100 you save, you’ll earn 40¢ in interest.

Meanwhile, the average stock return is about 10% a year, as measured by the S&P 500. That means for every $100 you invest, you could earn $10, nearly 25x more than the 40¢ you’d have earned in savings.

Tip #3: Investing for non-investors 

With Acorns, you don’t have to do a bunch of research and pick stocks. Acorns will recommend a portfolio for you based on your age, time horizon, income, goals, and risk tolerance. All you need to do is put aside some cash and Acorns handles the rest. You can even get started with just your spare change! 

How to ask friends in different ways 

We've written up a few different ways you can invite your friends to Acorns below. Feel free to change it and put it in your own words — your friends want to hear about your investing journey!

Text

Hey! I’m investing with Acorns to give my money a chance to grow. If you’ve never invested before, Acorns makes it really easy. Plus, we’ll both get a $5 bonus when you join! Check it out [INSERT YOUR LINK HERE]

Email

Hey! I’m investing with Acorns to give my money a chance to grow. If you’ve never invested before, Acorns makes it really easy. Plus, we’ll both get a $5 bonus when you join! Check it out [INSERT YOUR LINK HERE]

If you want to learn more about what Acorns does and how it could help you, check out this blog post 

Tips for following up

Once you’ve invited your friends to Acorns, it doesn’t hurt to follow up a week or two after. Ask them how they’re doing and what they think of the app. Here’s an example below. 


Text

Hey! Did you check out Acorns yet? If you haven’t already, let me know if you have any questions.  And don't forget — we'll both get five bucks when you sign up, too! [YOUR REFERRAL LINK]

Acorns also put together a bunch of articles and info for people new to investing. Feel free to take a look here! 

Email

Hey! Did you check out Acorns yet? If you haven’t already, let me know if you have any questions. Investing's one of those things that people say you need a lot of money to start, but Acorns makes it easy. They make it so you can actually start investing with just your spare change! 



Again, hit me up if you have any questions. And don't forget — we'll both get five bucks when you sign up, too! [YOUR REFERRAL LINK]



Acorns also put together a bunch of articles and info for people new to investing. Feel free to take a look here! 

If your friends have questions about investing that you don’t feel comfortable answering, that’s okay, too! You can send your friends over to the Acorns Learn blog for answers and explanations on all things investing. Here’s just a few links to some articles that can help. 

• What is Acorns (and why am I here)?

• How does investing work?

• How much money do you need to start investing?

• Is now a good time to invest?
  
  

How do I receive my bonus investment for inviting my friend?

• Friends must have used your unique referral link to finish signing up for Acorns

• Friends must have successfully completed their first investment of $5 or more.

• Both you and your friend must have accounts in good standing throughout the promotional period and at the time the reward is deposited


That’s pretty much it! But if you’re looking for the nitty gritty of how earning referral bonuses work, you can check out our referral terms here. 

How will I know if I’ve received my bonus? 

After your friend signs up for Acorns and makes their first investment of $5 or more, we’ll need some time to verify their information. Once everything checks out, your bonus will be invested into your Acorns Invest account 30 days after your friends have met the qualification criteria. Both you and your friends’ Acorns accounts will also have to remain in good standing. You can also see your bonus investment deposit documented in the Invest screen of your Acorns app. If it’s been over 30 days and you still haven’t received your bonus, don’t hesitate to reach out to our Support team. 

Let's share the wealth!

We hope you've got everything you need to get your friends started on their long-term investing journey. Just another reminder that if your friends have any questions, you can send them here, which is packed with helpful info, easy explainer videos on how Acorns works, and more. 



If you've got any other questions, don't hesitate to reach out to our Support team.