How to Make Money with Stash ?

Almost everyone wants to invest in the future to secure an amount of money. The problem is that it is hard to find money as people do not have enough money to stash away. On the other side, people who have enough cash to spend do not know how to invest their money or they have a fear of losing it.

While investment is always risky but it can become riskier if you do not invest. Money in your bank account does nothing for you as the interest rates are also not worthy and the inflation bar is increasing day by day so return on money is always a must to grow your amount. So, here is a small investment app that is named as stash and will help you to make money.  

Here, we are going to get into this app and let us know all ins and outs to make money and how to begin with money growth through this app.

What is Stash Banking?

The app was developed in the year 2015 and it has touched the heights of success in the last few years. After it has launched, it has flooded with four million users and added support for retirement as well as custodial accounts. Moreover, it proffers a bank account online. 

It keeps things simple for the users, so they can easily use it. First off, you need to link a bank account with the Stash app and alongside, transfer money to the investment accounts. Further, it has auto-stash set up to save more money and there is no need to transfer amount manually. 

What do you need to know about Stash?

It is an app that was developed in the year 2015. The app was developed after the observation of one of their developers that Americans are not investing their money anywhere to grow. So, the app emerges to make investing more familiar for a common American. 

How does stash work?

This is an easy and small investment app that is an ideal pick for beginners. To begin with, the setting up of Stash, the first and the foremost thing is to download the app. You can access their services through the website too but the convenient way is the app due to easy interaction with your account. 

It has a lot of options for new investors and it makes the entire process of investment easy as well as helpful from signing up. 

1. You need to open an account with Stash and you are only eligible for this if you are at least 18 years of age. It requires the social security number and other related details to opening an account and then, linking it with the bank account.
2. Afterward, you need to provide answers for a few questions to analyze the level of risk that you can tolerate. The risk tolerance levels range from conservative, moderate to aggressive. You need to consider various factors to analyze the risk level such as your age group, investment time horizons, and goals of investment. 
3. Under the verification process, a small amount of money will send by Stash to the linked bank account to use it for transferring money in and out of this platform. If you verify the sent amount, then you have done with the account verification process. 

After fulfilling all the steps, you are eligible to deposit or withdraw $10,000 per day.     

How to begin with Stash?

As through the regular app, the first and foremost thing is to download the app and you can get it from the Google Play Store or Apple Store. To date, this app is available within the United States. To avail of the services of Stash, you can pick up from the three different plans of subscription. These plans are according to the kind of investor you want to be, and it falls between a dollar to nine dollars.

After selecting and choosing an investment plan, you are required to register yourself by generating a profile. The account needs an email address, name, date of birth, and other details. Then, you can start with your basic profile. Also, you need to create an investment account. 

Why you ought to use Stash?

It is a stellar app for investment purposes but it may not be suitable for everyone. For instance, if your age is below 18, then you are not eligible for investing in this app and not for creating an account. It does not seem good for advanced traders and an ideal option for some of the investors as mentioned below: 

1. Newbie investors: The tools and resources of Stash are simple and easy to use. It is a good one to develop the skills and simplify investment if you are new in this field of investment. 
2. Impact Investors: With the help of targeted investment options, you can do more investment in some specific areas where you have a vast interest. 
3. Investors who are seeking for guidance: Stash offers a wide range of investment options that match best with your risks as well as goals. 

How can you earn from Stash?

1. When you begin with investing in Stash, then it will give you an option to choose the amount that you want to save in a week. As per the packages, $5 is better to jumpstart your investment. But you need to invest more in the starting and enables you to connect your bank account to get ease at transfer cash. 
2. After selecting investments, you can start saving and monitoring money. The key to this is patience and you can see a growth in your money within two to three months. So, it takes a while to grow your money with a low investment account. 
3. But you can also increase your investment by adding more shares again and again. 

Once you observe enough growth in money, you can withdraw up to $10, 000 in a day but your funds should have been in your Stash account for at least five days.

Is Stash worthy for you?

Stash is the best pick up for you if you are searching for some options where you can build up an ETFs as well as individual stocks. You can save money for a long time and can avoid all costly mistakes and learn how to handle their portfolio. 

Once you have learned about the basics of Stash, then you may get to know more about how it works and how you can earn more in exchange for the Stash’s monthly fee.