Stash App Review

2
Stash App Review

Stash is a popular self-finance and investing app, which helps the users in intelligently investing their money, learning the art of dealing with money and ultimately saving for the future. The management of the Stash App claims to have helped more than three Million Americans by teaching them the art of saving and investing. Personal finance is one of the most important areas of knowledge that every person should master in order to live a secure and well-balanced life. Experts regard it as an important aspect of personal grooming where the people learn to deal with money in an informed and intelligent way. When people are well informed, they are able to make better decisions. Having the ability to make better decisions, finding out areas where investing can be beneficial and securing the future is one of the most useful abilities a person can possess.

Stash App Review

Stash App Review

Realizing the importance of knowledge and training of personal finance, a number of such platforms helping people to stand up on their feet, invest and save money have opened up. Stash App is a similar platform opened in the United States of America helping people learn all the intricate techniques of personal finance. The techniques are taught to the people in a fun and interactive way, which makes the whole user experience highly convenient.

Why are Self-financing Apps better than the banks and brokerages?

Stash App is a perfect platform for those people who are not used to or aren’t comfortable with the banking sector and they want to get their done in a more personal and convenient way. Dealing with a bank for your finances can be difficult sometimes since you may have to visit the bank, you may have to wait for a significant amount of time, and you may have to deal with accountants or managers who are usually burdened by work. It may take a lot of time to get the service that you need. In case you need advice from your bank manager, you may have to schedule a meeting before you can get in touch. Even when you are able to get in touch with your bank manager, you may not get the best advice that you need.

Self-Financing Apps vs Banks

This is where the Stash App or other such personal finance apps come in handy. These apps help people manage their finances right from their smartphones without having to visit the bank. The users can connect all the services that they have to pay the bill for with this app and the app will automatically take care of the billing needs. The customer service of the apps is also better as compared to the banks and all the issues can be easily resolved in a short period of time by just making a call. There are managers available to offer their counseling regarding money matters, which can guide you in making more informed decisions. This can be done in a short and reasonable amount of time right from the comfort of your home.

Similarly, saving and investing is another area where people need the services of banks. However, a majority of customers are never happy with the services offered by the banks and they are always complaining. The banks do not do justice with the hard-earned money of the people, as they are unable to invest it properly. Majority of the saving accounts are offering a low rate of the return.

Again, the self-financing apps simplify the process of investing money since they can be connected with the bank of the users. The users can easily schedule an amount of money to be transferred to their saving for retirement fund daily, weekly, monthly or yearly. In this way, the money will keep on adding to their retirement fund without the users even realizing or having to do anything. On the saved money, the users will also earn a significant return, which will continue to be added to the saved fund. The compounding effect will kick in resulting in more and more return over the course of time.

Self-Financing Apps vs Brokerage Firms

These apps make investing easy and with little understanding, anyone is able to invest and create their own personal portfolios. However, investing with a broker firm or a bank is not easy and requires you to make a lot of personal effort. Dealing with a broker for your investment can be arduous since you may have to visit the brokerage firm, you may have to wait for a significant amount of time, deal with brokers who are usually burdened by work or dealing with other clients etc. It may take a lot of time to get the service that you need. In case you need advice from your broker, you may have to schedule a meeting before you can get in touch. Even when you are able to get in touch with your broker, you may not get the best advice that you need.

Investing apps such as Stash App takes out all the hassle from activity and makes it highly convenient for the customers to invest.

back to menu ↑

 What kind of services offered by Stash App?

There are a number of great services offered by Stash App, which can greatly help the users in self-financing. Some of the services offered are as follows:

  1. Investing: The top service offered by the app is the ability to invest. With the help of this app, users can develop a personal portfolio. The app lets the users start investing just by an amount of $5. There are more than 100 investment portfolios, which the users can visit with the help of the app and start building their portfolios. This way the users can begin to become smart investors. There is an opportunity to carry out unlimited trading, financial education and many other opportunities of earning money through intelligent means.
  2. Accounts: The app offers a number of different kinds of accounts to the users. These accounts and their purpose is stated as below:
    • Personal Investment Account: It is one of the top-rated accounts for trading purposes. The account is hosted by Stash App and allows the users to buy funds, bonds, stocks, and investment portfolios. The best feature of the account is that there is no commission fee applicable on any purchase and the user can operate the account with complete freedom.
    • Retirement Account: Retirement is best suited for people who are planning their requirements. They help them save money, which they may need after their retirement. It is one of the top-rated accounts for trading purposes. The account is hosted by Stash App and allows the users to buy funds, bonds, stocks, and investment portfolios. The best feature of the account is that there is no commission fee applicable on any purchase and the user can operate the account with complete freedom.
    • Custodial Account: Custodial account is best suited for children under the age of 18. Parents can monitor this account and invest for children under 18 years of age. The account is hosted by Stash App and allows the users to buy funds, bonds, stocks, and investment portfolios. The best feature of the account is that there is no commission fee applicable on any purchase.
  3. Stock Back: With the help of stock back, the users can build a portfolio, which is reflective of where they shop the most. When the users make purchases, it helps them earn stock back. The users can invest as much as they want just by swiping with stock back.
  4. Educational Content: There is a large quantity of educational content available on the stash app. Stash App opened in the United States of America helps people learn all the intricate techniques of personal finance. The techniques are taught to the people in a fun and interactive way, which makes the whole user experience highly convenient. Personal finance is one of the most important areas of knowledge that every person should master in order to live a secure and well-balanced life. Experts regard it as an important aspect of personal grooming where the people learn to deal with money in an informed and intelligent way. There are guides, articles to educate people, saving and budgeting ideas.
  5. Automatic Saving and Investing: Stash App allows the users to automatically invest and save money in their retirement of saving fund. The users can easily schedule an amount of money to be transferred to their saving for retirement fund daily, weekly, monthly or yearly. In this way, the money will keep on adding to their retirement fund without the users even realizing or having to do anything. On the saved money, the users will also earn a significant return, which will continue to be added to the saved fund.
  6. The app allows users to buy fractional stocks and funds. With the help of these funds the users to able to invest with a very little amount. This is most useful for those customers who are in the learning process. They can initially start by spending little money and over the course of time; they can start to raise the money to be invested. This way they can learn useful art and do not run the risk of losing the money at the same time.
Stash App Review

Stash App Review

back to menu ↑

Interesting Facts and Figures about the Stash App

Below are some of the significant facts and interesting points associated with the game:

  1. Stash App offers investing, saving, and self-financing to more than 3 million people in the United States of America. With the help of this app, the users can get a wide range of services in one place.
  2. The service area of the app is in the United States of America and over the course of the last few years; it has become a popular way of investing and trading. The investing app has managed to grow at a fast rate. Today, it is offering service to millions of people aiming to save money for their future and earn a profit on their savings.
  3. The app is offered by Stash Invest, which is also the official app developer of the app. The operations and maintenance of the app are overseen by Stash Invest. The company is always looking to track faults and bugs in its system so that more improvement can be made by removing bugs. The company invites the users to report the bugs so that the user experience can be enhanced. You can get in touch with the developers of the company at the Email address support@stashinves.com.
  4. The main services offered by the app are a number of different accounts. These accounts are namely Personal Investing Account, Retirement Account, and the custodial account. These accounts are hosted by Stash App and allow the users to buy funds, bonds, stocks, and investment portfolios. The best feature of the account is that there is no commission fee applicable on any purchase and the user can operate the account with complete freedom.
  5. Investing is another great service offered by the Stash App. With the help of this app, users can develop a personal portfolio. The app lets the users start investing just by an amount of $5. There are more than 100 investment portfolios, which the users can visit with the help of the app and start building their portfolios. This way the users can begin to become smart investors.
  6. Stash App is among the profit-making apps in the play store as the revenue of the company amounts in hundreds and thousands of dollars. Today, Stash App is among the leading investment apps in the world.
  7. Stash App is an average employer in the IT sector with hundreds of employees associated with it.
  8. Stash App also has one of the biggest customer networks in the United States of America. There are hundreds and thousands of clients in the United States availing the services of App. More than 1 million people have downloaded the app while the company claims that it has helped around 3 million customers dealing with personal finances.
  9. The size of the app is 11 MB, which is a highly reasonable size. People can download and install the app in their smartphones and other systems in order to avail all the services offered by the app.
  10. The content rating of the app is stated as 3+. The rules and regulations as per the policy of play store may apply in order to access the app.
  11. The current version of the app being offered at google play store is 1.18.3.2.
  12. The Android version required for operating the app on a smartphone is 5.0 and above. The app does not operate for android version below 5.0.
  13. There are a number of permissions required by the app before the users can operate it. A complete list of the permissions required can be studied on its official page on the internet or they are displayed right before installing the app.
  14. The rating of the app on the google play store is 4.3, which has been cumulatively determined by ratings of 20,393 people.
  15. A recent update has been issued by the developer on March 19, 2019. A number of different features have been added while quite a few adjustments have been made. Banking section and user experience have been significantly improved in the most recent update. The search feature has been improved with boosting the speed of the search.
back to menu ↑

Conclusion

More than 20,000 users on Google plus have reviewed the app and they have given it a cumulative rating of 4.3. It can be said that the rating of the app is an exception since a huge number of them have rated it. The app developers continue to make changes and bring improvements to the app. This way the user experience continues to get better.

Stash App is a highly useful app guiding the users in trading, investing and saving training. Personal finance is one of the most important areas of knowledge that every person should master in order to live a secure and well-balanced life. Experts regard it as an important aspect of personal grooming where the people learn to deal with money in an informed and intelligent way. When people are well informed, they are able to make better decisions. Having the ability to make better decisions, finding out areas where investing can be beneficial and securing the future is one of the most useful abilities a person can possess.

Stash App is doing a great job of teaching people the art of investing and trading. In this way, they are able to save a substantial amount of money for the days of their retirement or for any other purpose that may put a big strain on their budget. Saving with the Stash App is effortless and natural, as the users do not have to worry about anything. All they have to do is to schedule the saving limit and the amount will keep on accumulating in the saving account.