Now where did I put my 401K?

I’m playing with a new long-term investment strategy that has me hiding money from myself. The idea came to me after a friend told me how she paid for a vacation by saving every five-dollar bill that came into her possession for a year.

My friend’s strategy is not quite the same thing as hiding money from yourself. The general idea, however, is to rat-hole dough that might traditionally be frittered away at the bar or on the Sunday edition of The New York Times.

Another friend recently sent me an invite to begin investing money with Acorns, a tech-company-meets-investment-firm. They charge one dollar per month to invest but have no minimum amount. In fact, micro-investing is the idea. The app rounds up your purchases and then invests the difference in an index fund.

This takes my strategy of hiding money away a step further. I like that it takes money that you don’t spend and puts it to work for you. I had no destination planned for my money beyond the sock drawer.


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