How do Digit and Acorn differ to simply setting up automatic fund transfers at a bank?
You know you should be saving consistently, but you just can't seem to remember to do it. Automating your finances -- meaning you set up your funds to be moved from your checking to savings account each month -- can help you save without thinking about it. Two new savings apps -- Digit and Acorns -- have launched recently to help you save automatically. I took a look at how each of them work and whether or not they're any better than automated transfers to an online savings account at your bank.