It used to be challenging for people with very little money to invest in the stock market. Most people would be turned off with the high minimums and costs to invest. However, with the rise of technology and the dreams of fintech companies, micro-investing apps came to be. It all began with Acorns that helped users invest spare change.\r\nHow to invest with $5\r\nYou can start investing with as little as $5 and many micro-investing apps can help you do just that. Many of these micro-investing apps will automate investing for you as it withdraws small amounts from your checking account.\r\n\r\nThese micro-investing apps may charge a minimal fee. For instance, Acorns Core charges $1 per month to help you invest in index funds.\r\n\r\nCheck the financial marketplace for the list of micro-investing apps.\r\nHow to invest with $500\r\nIf you have a few hundred dollars, then you can look at no-minimum balance and low fee Robo-advisors. These online brokerages offer automated investing advice that you may not find with a micro-investing platform.\r\n\r\nCheck the financial marketplace for a list of Robo-advisors.\r\nWhy do you want to invest as opposed to save?\r\nSaving is storing money for short to mid-term use. Depending on where you deposit your savings account, you can be earning nothing or a little something in interest. The money in savings accounts may earn from any interest it accrues but it rarely will outpace inflation. The money just sits there waiting for the day it's withdrawn.\r\n\r\nIn contrast, investing is growing money. When you invest you place your money into the stock market where it has the chance to grow as the value of the shares you've invested in grows. Whereas, savings accounts may earn you 1% with the best online bank accounts, investing in the stock market historically has returned on average between 6-8%.\r\n\r\nInvest more money with a longer time horizon, then you can benefit from compounding.