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InvisibleAyymannduhh
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Registered: 07/05/21
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Cash-app
    #27847901 - 07/03/22 04:39 PM (1 year, 6 months ago)

Anyone know anything about cashapps new round up option? It says you can invest in a stock or bitcoin..both unfamiliar with yet feel like I should get familiar with very soon..anyone try it yet or have any input they would like to share?


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InvisiblePatrickKn
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Registered: 07/10/11
Posts: 20,561
Re: Cash-app [Re: Ayymannduhh]
    #27847977 - 07/03/22 05:43 PM (1 year, 6 months ago)

I probably don't make more than 15 to 30 debit transactions a month, so it would be less than $20 a month in my case and probably closer to $10.

I personally wouldn't want anything incentivizing me to spend more to save more, better to just set a budget each month and setup a reoccurring transaction. It's essentially just a feature to use your money to incentivize you to use their ecosystem at the end of the day.


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OfflineGorlax
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Registered: 05/06/08
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Re: Cash-app [Re: Ayymannduhh]
    #27848275 - 07/03/22 09:00 PM (1 year, 6 months ago)

Sounds similar to acorns and I recommend investing on your own. Most of these are just slush funds.


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InvisibleAyymannduhh
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Re: Cash-app [Re: Gorlax]
    #27850462 - 07/05/22 01:16 PM (1 year, 6 months ago)

Thanks I appreciate your input, will do!


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InvisibleAyymannduhh
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Registered: 07/05/21
Posts: 127
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Re: Cash-app [Re: PatrickKn]
    #27850464 - 07/05/22 01:18 PM (1 year, 6 months ago)

Yes, I feel what you are saying, definitely makes sense and I am about the same maybe even less as far as transaction wise, depending on the month I guess lol but thank you!


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