Skip to main content

Author: Bloom Investment Counsel, Inc.

How to Financially Prepare Your Child for Post-Secondary Education

teaching your children about money for post secondary education

Financially preparing your child for post-secondary education is an important step towards ensuring their academic and financial success. By taking proactive measures, parents can help alleviate the financial burden associated with higher education and equip their children with the necessary tools to navigate this significant milestone in their lives.

Continue reading

Estate Planning – More Than Just a Will

estate planning, planning your estate

Estate planning is the process of documenting a plan for the distribution of your assets and specifying directions for your legacy intentions in advance of your passing.

An estate plan is much more comprehensive than a will, and provides a more detailed guide for your beneficiaries than a will does on its own.

Continue reading

Teaching The Next Generation About Investing – Where to Start?

teaching the next generation about money

Investing is a crucial skill everyone should learn, and passing this knowledge on to the next generation is especially important. Teaching your children about investing can empower them to take control of their financial future and make informed decisions.

But where do you start when it comes to teaching the next generation about investing? It’s important to begin with the basics and build a strong foundation. Introducing concepts such as saving, budgeting, and understanding the power of compound interest can help lay the groundwork for future investment knowledge.

Continue reading