Financial Planning

Financial planning blogs from Thinking Big Financial, a NYC-based financial planning and investment management firm. Learn more about our services: Financial Planning Services

is debt good or bad

How to Think About Debt: Is it Good or Bad? 

Debt is a loaded topic in financial planning. When is it good or bad, and what’s the best way to approach it? There are two main things to consider: What’s “financially optimal” and what feels right given your own unique circumstances.  Not…
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Can You Stay Calm and Carry On? Here’s What Happens When Interest Rates Rise

In the past 10 to 12 years, we’ve seen two major crises: a global pandemic and a financial crisis. Both have brought about extraordinarily low interest rates as a policy response.  But as we’ve moved through each of these events, we also…
how to save for retirement when self employed

How to Save for Retirement When You’re Self Employed

If you’re self-employed or a small business owner, you know that saving for retirement is just one of the many things you have to figure out on your own.  Saving for retirement when you’re self-employed is a challenge. Not only…
why should you save money

Why Should You Save Money?

Saving money is one of the most fundamental parts of building a successful financial life. It’s drilled into us as something we “should” do. We are often bombarded by the tips and tricks and rules of how to save and how much to save. But…
saving for vacation

Make Saving for Vacation (and Rest) Part of Your Planning!

I want to shout it from the rooftops: I just got back from vacation! Even as someone who loves to travel, taking a vacation feels like a major accomplishment. And as someone whose money script is a little (ok, a lot) more on the vigilant side,…
sell rsus

Should I Sell My RSUs (Restricted Stock Units)?

Restricted Stock Units (aka RSUs) are a common form of stock compensation for employees of public companies.  If you’re granted RSUs, you get to own these company shares without putting any money down (unlike when you are exercising stock…
money script

What is a Money Script? And What are Yours?

You would think that, as a financial planner, I would know my own money script. After all, money is what I think about almost all of the time! But, maybe not surprisingly, I didn’t know what I thought I knew about myself and money until I…
values
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The Values We Live By

Four years ago this month was when TBF officially launched it’s work as a financial planning firm. In four short (or perhaps long— depending on which day you ask!) years, our firm has grown to care for over 50 households and more than 80…
speculation vs. investing
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What Speculation vs. Investing Has to Do With Tulips

It’s hard to imagine that just a year ago, we were in some of the darkest days in a generation, unclear about what the direction of our health and wealth would be because of the pandemic. Fast forward a year later and the stock market is…
value your time
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Value Your Time More to Increase Happiness and Wealth

We spend our days making constant trade-offs between time and money. Together, they’re the most important resources we have, and yet throughout our lives they seem to be at constant odds with each other. Cook at home or order takeout? Take…