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Financial Advice for Millennial Entrepreneurs

Written by Bloom Investment Counsel, Inc. on August 30, 2021. Posted in Wealth Planning. No Comments on Financial Advice for Millennial Entrepreneurs

In the last two decades, many Millennials have bypassed the corporate ladder and achieved success through entrepreneurship.

Millennial entrepreneurs include the founders of Facebook, Tumblr, Snapchat, Pinterest, Mashable, Quora, Asana and more. Even famous YouTube, Instagram, and TikTok personalities have emerged as entrepreneurs by developing their personal brands and becoming influencers, making millions, if not billions, in their 20s.

While countless financial articles offer personal finance advice, few are tailored towards Millennial entrepreneurs who are making or have accumulated significant wealth at an earlier stage of life, and who may be retiring years before normal retirement age with a need to protect and grow their wealth. This article fills that gap and offers up-to-date financial advice for Millennial entrepreneurs.

The Importance of Investing Today

Written by Bloom Investment Counsel, Inc. on August 30, 2021. Posted in Financial Literacy. No Comments on The Importance of Investing Today

We live in an on-demand world, but when it comes to building true wealth, there is no short cut. Those who build wealth early and methodically are the ones who come out ahead, achieve financial freedom sooner, and gain the ability to live off of investment income. This article discusses the importance of investing today.

Money Management: When And How To Teach Children About Money

Written by Bloom Investment Counsel, Inc. on August 23, 2021. Posted in Financial Literacy. No Comments on Money Management: When And How To Teach Children About Money

Money management is an essential skill for life. As important as helping your child develop reading, writing and mathematical skills, instilling children with financial fundamentals from an early age enables them to live a financially sustainable and responsible life.

The following article discusses when and how to teach children about money at every stage of their development.

Where To Put Money If Savings Exceed Personal Needs?

Written by Bloom Investment Counsel, Inc. on August 23, 2021. Posted in Investing. No Comments on Where To Put Money If Savings Exceed Personal Needs?

The following article discusses important actions you should take with excess savings, so that you do not miss an opportunity to grow your wealth. It also examines the different choices you have, so you can make practically effective and personally fulfilling decisions in handling your excess savings.