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Author: Bloom Investment Counsel, Inc.

2024 New Year’s Investing Resolutions

new years resolutions

It will soon be that time of year again – time to make New Year’s resolutions. This is also an ideal time to make some investing resolutions.

The end of the year is a good time to review your current financial plan if you have one and determine where it is lacking. Then you are ready to consider which investing resolutions will help you achieve your goals.

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3 Ways to Grow Your Wealth

growing your wealth

In today’s fast-paced world, everyone strives to gain financial stability and secure a prosperous future. Whether you are just starting your financial journey or looking to expand your existing portfolio, the key to success lies in effectively growing your wealth.

When it comes to growing your wealth, there are several strategies you can employ to achieve financial success. This article covers three effective ways that can help you increase your wealth and secure a more financially stable and brighter future.

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4 Commonly Forgotten Expenses in Household Budgets

budgeting plan

When it comes to budgeting, people often focus on the larger expenses such as lease payments, rent, utilities, and groceries. However, several commonly forgotten expenses can quickly add up and throw off your household budget. It’s important to consider these overlooked costs to create a more accurate and realistic budget.

The four commonly forgotten expenses that you may have forgotten to include in your budget are: maintenance and repairs, subscriptions and memberships, personal care, and miscellaneous.

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The Importance of Estate Planning for High-Net-Worth Individuals

estate planning when you are high net worth

Estate planning is a critical aspect of an overall financial plan, especially for high-net-worth (HNW) individuals and families. With substantial wealth and complex financial circumstances, HNW estate planning is necessarily much more extensive.

If you are an HNW individual, belong to an HNW family, or aspire to become an HNW in the future, you should prioritize estate planning.

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