Bloom: Investing for Teens 4+

Learn investing, buy stocks

Contour Labs, Inc.

Designed for iPad

    • 4.7 • 1.6K Ratings
    • Free

Screenshots

Description

Introducing Bloom, the #1 app for teens to learn about money and investing!

Bloom offers 80+ interactive financial education lessons taught by Ivy League professors and business leaders on critical topics like budgeting, investing, credit, crypto & more! In addition, Bloom provides a custodial brokerage account for teens to invest in real stocks & ETFs and start building wealth early.

FOR PARENTS

Investing is the most effective way to build long-term wealth, but most teens don’t learn about investing or personal finance in school. Bloom teaches your child about these important concepts with world-class lessons from top professors at Ivy League universities, as well as a real investing account with flexible parental controls.

- As a teen under 18, in order to invest in the stock market you need an adult to help you open a UTMA/UGMA custodial brokerage account — Bloom allows you to open one for your teen! Plus, our custodial accounts automatically transfer to your teen when they turn 18.

- With parental controls & options, you can be as involved in your teen’s financial journey as you’d like:

- Approve your teen's stock trades through the Bloom app, or turn on automatic approvals
- View your teen's progress on education modules
- Control the types of assets that your teen can buy and sell with Parental Controls
- Monitor your teen's investments & returns

- Flexible, safe funding options:

- Add funds to your child’s investing account with a bank account or debit card with as little as $1 — or allow them to fund their own account.
- Set up an allowance directly on Bloom to make recurring deposits to your child’s investing account & teach them about income, saving and more!
- Withdraw funds from your child’s investing account at any time.
- Access up to $100 of instantly investible funds every day when you make a deposit — no need to wait for your transfers to complete!
- Your account is SIPC insured up to $500,000 and protected by bank-grade encryption & authentication.

- Have more than one teen? We’ve got you covered — add up to 5 teens to your account with no additional cost!

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FOR TEENS

Join 100,000+ other teens who are learning about money and investing & get a head start on building wealth!

Earn Free Stock & Crypto Rewards

- Pass the Beginner Stock Quiz to earn a free stock of your choice, and invite friends to Bloom to earn even more rewards!
- Learn & Earn -- earn Oinks for completing financial education lessons, which you can exchange for real rewards like stocks and crypto!

Zero Commissions

- $0 commissions when you trade Stocks and ETFs on Bloom!

Fractional Shares

- Fractional shares allow you to invest as little as $1 to be a part-owner in any public company. With fractional trading, a $20 allowance goes a long way!

Crypto for Teens

- We now offer 5 fractionable cryptocurrencies, including Bitcoin, Ethereum & more -- that you can invest in with as little as $5

80+ Financial Education Lessons

- Start out with "level 1" lessons perfect for beginner youth stock traders and progress through more complex lessons explaining all sorts of topics like diversification, dollar cost averaging, cryptocurrency, credit, budgeting and more!

What’s New

Version 1.3.0

All new features for parents!

1. Set up an allowance directly on Bloom to make recurring deposits to your child’s investing account & teach them about income, saving and more!
2. Add funds to your child’s investing account with a bank account or debit card with as little as $1 — or allow them to fund their own account.

We're always eager to hear your feedback & continue to improve the Bloom experience for both parents and teens!

Ratings and Reviews

4.7 out of 5
1.6K Ratings

1.6K Ratings

frick carole baskins ,

Definitely think you should make another version for adults

Practically I’m trying to use this app as a 19 year old still learning what to do with her money, and how I could spend it to my own advantages instead of wasting it like I usually do, rather then that I would love to actually learn the basic knowledge for stocks, and learn how to do it correctly, I’ve watched so many videos and it still really doesn’t add up, so I think this app should be available for all ages not just teens, because adults need to learn about stocks too

Developer Response ,

Thank you for the kind words! We're working on an 18+ version, and our team really appreciates the kind feedback :)

winter rainn ,

Ehh.. needs work.

My husband signed my son up for an account and he got a free stock, we deposited a little money for him to try it out and start learning about stocks and learning how to invest correctly instead of just buying stocks because he likes that company… but the only problem we have, there is no way to withdrawal the funds. He was so excited he gained $15 on a stock he purchased for $7 and it grew to $15. So he decided to sell it and wanted to withdrawal it to put with his allowance he’s been saving to buy a new video game, but it doesn’t give the parents an option to withdrawal the child’s funds. On the child’s side of the app, it does have a withdrawal option but when you click it, it says only a parent can’t withdrawal funds but there is no option on the parents side to withdrawal any funds but only deposit. Hopefully this gets fixed soon or we will have to close the account down because if we’re not able to withdrawal the funds then, there is no point in using this app because we don’t have money to just give away.

Developer Response ,

Hey! Thanks for reaching out! To clarify, you can absolutely withdraw your funds from your teen's Bloom account! If you go to the parent portal, under transfers you'll see two options to deposit or withdraw! All you need to do is hit withdraw, enter the amount, and a withdrawal will be initiated to deposit back in the bank.

We really love that your son has signed up, and started his journey investing with us and want to make sure he continues to have a great time on Bloom! Could you email us support@joinbloom.co so we can also look into your specific request and help provide you additional clarity?

Penguin master 🐧 ,

Great for parents to their teens!

I’ve been using Bloom for a while now to monitor my teen’s learning progress. It was super easy to setup & the support team is amazing! I can’t wait to see the learning part of the app expand and appreciate the new allowance method Bloom gives our family. Sometimes my son spends too much on games so now, I give him half of his allowance through Bloom. This way his money is always used productively! We walk through the investing decisions together and love using Bloom’s risk ratings and time machine. Great work to the bloom team!

Developer Response ,

Thank you for the kind words! Our team really appreciates this, and we're working hard to make your experience even better!

App Privacy

The developer, Contour Labs, Inc., indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.

Data Used to Track You

The following data may be used to track you across apps and websites owned by other companies:

  • Contact Info

Data Linked to You

The following data may be collected and linked to your identity:

  • Contact Info

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

  • Contact Info
  • Usage Data
  • Diagnostics

Privacy practices may vary, for example, based on the features you use or your age. Learn More

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