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Claudia Garratt

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Review of the Moneybox app, Stocks and shares ISA:

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My first foray into investing

Moneybox has empowered me to give investing a go. I only have a very limited grasp of investing and stocks and shares and I don't like risking money on things I don't understand, so being able to easily invest 'spare change' (the digital equivalent of a penny jar) is perfect. I only add money that I consider spare, which is not factored in to budgeting, and which I can leave in for the long term and afford to lose if worst comes to worst. This means that I feel comfortable placing it in an adventurous fund and seeing what happens! This is invaluable for a normally risk-averse person like me, and without Moneybox I would have been unlikely to ever take that step. It’s an absolutely brilliant resource, and I have recommended it to all my family and friends. Reviewed on: 11th March 2022

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