Stop Being So Poor

App Type: Investment
Cost: App is free but there is a monthly fee: $1.25 per month for balances under $5,000 at time of writing
Availability: Android and iOS

Now available in Australia, Raiz is an investment app that links to your bank account.

When you spend, Raiz rounds up your transaction to the nearest dollar and invests that change for you in a diversified portfolio (EFT) at your chosen level of risk.

As this is an investment portfolio, it is subject to market fluctuations. You will also need to pay tax on all realised capital gains. Check out their website for more information.