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

Financially Planning for a Baby

Planning for a Baby, Financially? Things to Consider

Are you planning for your baby, financially speaking? Besides buying the crib and taking parenting classes (don’t forget infant CPR!), new families need to get their finances in order before welcoming a little one into the home. This is especially…
financial planning for the gig economy

Financial Planning for the Gig Economy: A RoadMap

Becoming a freelancer seems like a dream for a lot of people: you make your own hours, choose your own clients, and most importantly, you do what you love. But in this gig economy, there’s a lot to think about before striking out on your own.…
incremental change

The Power of Incremental Change in Your Financial Life

I’ve recently become enamored with the concept of incremental change, and how it impacts our financial lives. The idea resonates with me because it’s so simple: small steps, day in and day out, lead to HUGE change. Huge change (good or bad)…
reflection money

A Reflection on Money: Your Year in Review

A new year is upon us, and with that comes the natural desire to look back on what we’ve done with our money: have we accumulated the wealth we’ve wanted? Stuck to the savings plan we’ve designed? Spent in a way that is in line with our…
health savings accounts

A Secret Wealth Builder: Health Savings Accounts

When people think about building a nice nest egg, creating a Health Savings Account is not the first thing that comes to mind. I find that a Health Savings Account, or HSA, is often an afterthought for a lot of people — if you’ve even heard…
how to build wealth
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How to Build Wealth: Debunking Some Myths

https://youtu.be/oUB5GdiDj_4 One myth perpetuated by our culture is that in order to become wealthy, we need to get in on the next Instagram, pick stocks like Warren Buffett or have some miracle happen to us. While these fantasies can…
money anxiety
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How To Reduce Money Anxiety & Feel More in Control!

Mental accounting is an economic concept that has gained recognition over the past thirty years. Popularized by economist Richard Thaler, mental accounting describes how we often mentally segment money for different purposes despite the…
worried about your parent's finances

Are you worried about your parents’ finances?

When working with diverse ages of people, I hear all sorts of concerns: everything from how to manage spending to how to save for a lifestyle change. Lately, I’ve been hearing more about another looming anxiety: parent finances.  Are you…
what is asset allocation?
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What is Asset Allocation? And Why It’s Important for Your Investing.

With every client, my goal is to create a tailored investment strategy that manages what we can control. After considering variables like investment fees, taxes, and comfort levels with volatility and risk, we often settle on something called…