We all want the best for our kids. And New York City offers some pretty amazing private schools. But is private school a good financial decision for your family? What is Costs I took these prices for the 2013-2014 school years from the websites of selected private schools in Brooklyn and Manhattan (try not to [...]
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Interview: Passing the Co-op Board Interview
The process of buying a home in the city is daunting, to say the least. Beyond the financial aspects, you may need to prepare for the dreaded co-op board interview. I bought and sold a co-op years ago, but was also turned down once by a co-op board back in the day. (Me? The nerve!) [...]
Financial Planning Checklist for New Parents
This article appeared first at local parenting blog A Child Grows in Brooklyn. New parents are busy. When it comes to financial planning, they just want to make sure they are doing the right things for them and not missing anything important. Perfect for this situation: a checklist! There are eight items on my financial [...]
Is a High Deductible Health Plan Right for You?
It’s open enrollment season! Benefits enrollment periods typically run from late October to Mid-November for employees at many companies. Your company may have many benefits to choose from, but the one I get the most questions about is High Deductible Health Plans, or HDHPs. What is a High Deductible Health Plan? A high deductible health [...]
Set a Fun Financial Goal
Financial planning can be kind of a drag. Save for retirement. Buy more insurance. Save for college. Pay off debt. Planning for death or disability is not exactly uplifting. Wouldn’t it be nice if financial goals were a little more fun? Staying motivated is important so you don’t lose momentum in reaching your financial goals. [...]
Adopting? Feel Financially Prepared in Four Steps
Are you thinking about adopting a child? That’s wonderful! Parents thinking about adoption may be very anxious about the financial aspects of the process. I’d like to take some of the mystery out of it, so parents don’t unnecessarily delay for financial reasons. Here are four financial action steps to help prospective adoptive parents feel [...]
Divorce & Your Money: Financial Assets
This is the fourth post in my “Divorce & Your Money” series. A divorcing couple must identify and evaluate their financial assets and liabilities. Division and responsibility for each will be part of their divorce settlement. Make a List Start by making a list of your assets. The list should include: Cash [...]
Divorce & Your Money: What is Marital Property?
This is the third post in my “Divorce & Your Money” series. There may be some confusion about which property (assets or money) may be considered “yours”, “mine” and “ours”. Property often gets jumbled together in the course of a marriage. However, some assets (or debts) may be excluded from the settlement agreement. Understanding the [...]
Divorce & Your Money: Options in the Process
This is the second post in my “Divorce & Your Money” series. For someone considering divorce, the first decision to consider may be the process itself. Legally, an action for divorce (“divorce papers”) must be filed with the court system, and finalized by a judge (which may take many months). However, there are several different [...]
Divorce & Your Money: What You Need to Know
There are many financial issues to be resolved before a divorce settlement may be completed. It is also a very difficult time to be making decisions regarding your financial future. Divorce is of course stressful emotionally, but also financially. Two households are more expensive than one, and the process itself can be very costly. There [...]
About Sara Stanich
Sara Stanich is a Certified Financial Planner, CFP® and Certified Divorce Financial Analyst, CDFA™. She provides financial planning advice and investment management services for her clients, who include entrepreneurs, growing families, couples going through divorce, and persons preparing for retirement.
