Better Financial Health in 15 Minutes (or less!)

What if you could protect your home and wallet from skyrocketing insurance costs with a few savvy moves? In this episode of Better Financial Health in 15 Minutes or Less, I, Stacey Hyde, share the hard truths about homeowners and renters insurance amidst rising premiums. After personally experiencing a 50% increase in my condo insurance, I explore essential strategies to alleviate these financial...

Ever wondered how a half-percent change in interest rates can ripple through the economy and impact your financial health? In this episode of Better Financial Health in 15 Minutes or Less, I, Stacey Hyde, break down the Federal Reserve's recent decision to lower their target interest rates by 50 basis points. We’ll explore the intricacies behind this move, from combating inflation to ensuring...

Ever wondered how a small shift in your approach to budgeting can revolutionize your financial health? Stacey Hyde from Envision Financial Planning promises to reveal how dedicating just 10% of your income to retirement savings can pave the way to financial stability and future aspirations. In this episode of Better Financial Health, we break down your monthly income and expenses—covering essentia...

Curious about when to claim Social Security to maximize your financial future? Join me, Stacey Hyde, as I tackle the complexities surrounding Social Security decisions that could significantly impact your retirement plans. From uncovering the myths of taking Social Security at 62 to understanding the intricacies of earnings tests if you're still working, this episode promises to equip you wit...

Struggling to protect your financial information in a world of increasing data breaches? Discover simple yet powerful strategies to safeguard your identity in our latest episode of Better Financial Health in 15 Minutes or Less. I'm Stacey Hyde, your guide through the essential steps to locking your credit with TransUnion, Equifax, and Experian. Learn how this proactive measure can prevent una...

Ever wondered how a seemingly innocent email could wreak havoc on your digital life? In our latest episode of Better Financial Health in 15 minutes or less, discover the hidden dangers of phishing emails and how they can turn your trusted inbox into a cyber minefield. Stacey Hyde breaks down the mechanics of these deceptive messages, explaining how they masquerade as emails from familiar names lik...

Can the upcoming election make or break your investment portfolio? Join me, Stacey Hyde, as I dissect how political shifts historically influence markets, and debunk the myth that one party is always better for your financial health. We'll explore why a divided government might actually work in your favor, mitigating extreme policies and promoting balanced decision-making that appeals to the...

School is back in session! In this week's episode, we will discuss the benefits and limitations of 529 plans. It is never too early or late to build a financial plan that supports lifelong learning for your children, grandchildren, and yourself.  Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individu...

In this week's episode, we are discussing market volatility. Stacey reminds us that day-to-day market activity shouldn't impact long-term portfolio results. It is especially crucial when the market is down, to not panic and trust in your long-term financial plan.  Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictl...

In this week's episode, we are diving into benchmarks. Stacey discusses what benchmarks are, their usefulness, and how to pay attention to the right ones for your portfolio. Appropriate benchmarks are a practical tool that can help you contextualize the overall health of your portfolio.  Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This commu...

In this week's episode, Stacey discusses necessary documents for business owners. For everything from buy-sell agreements to business valuation and tax deductions, it is important to consider how your business will be impacted by its ownership in different circumstances and to understand how to use this documentation to facilitate the long-term health of your business.  Envision Financial Pla...

In today's episode, Stacey discusses whether or not bucket lists are beneficial to you. Although detailing your most desired experiences in one comprehensive list may be orderly and convenient, it may also limit your capacity to try new and unexpected adventures. This is an important reminder to always follow your joy more than your plans!  Envision Financial Planning. 5100 Poplar Avenue, Sui...

Stacey is on vacation this week, but we still have helpful financial advice in store for you! Today's episode is a rerelease of one of our most popular episodes, "Make the Most of Your Savings", which touches on what to look for when choosing a high-yield savings account.  Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communicat...

In today's episode, Stacey will be discussing high-yield investments and how to determine your total return on an investment. Investing can be incredibly exciting, yet we encourage you to slow down and analyze various components of your new potential investments to gauge how they will perform over time.   Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 42...

In this week's episode, Stacey discusses how to protect yourself from title fraud. Although title fraud may be rare, the ramifications can be devastating to you and your loved ones. Stacey shares tips on how to stay vigilant and prevent this from happening to you!  Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly in...

In today's episode, Stacey shares insightful advice on how to manage estate planning for blended families. For blended families especially, where the interests of many parties are under consideration, it is important to determine and outline asset distribution. In these cases, consulting an attorney will ensure that your intentions are executed accurately!  Envision Financial Planning. 5100 P...

 Although having a pet can be extremely fulfilling, it is crucial to understand the financial commitments that come with pet ownership, and to decide whether taking on that responsibility is right for you. In today's episode, Stacey discusses the expenses of pet ownership and how to be financially prepared for your furry friends!  Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, M...

In today's episode, Stacey discusses how to afford weekend getaways. As Memorial Day quickly approaches, many of us will relish the extra day off work, and some of us will venture out to travel for the long weekend. Stacey shares some helpful tips to make sure your weekend trips don't break your budget.  Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901...

In today's episode, Stacey discusses how to navigate caring for your elder family members.  There are many ways to assist an aging family member from ensuring that their estate planning documents are updated to making sure their bills are being paid on time. Stacey shares a few specific tips that might help you and your loved ones!  Envision Financial Planning. 5100 Poplar Avenue, Suite 2428,...

In today's episode, Stacey discusses estate planning for the benefit of individuals with special needs. When making provisions for people with special needs, it can be helpful to work with a specialist in estate law, and to be careful of how the assets they receive might impact their government benefits.   Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 4...

In today's episode, Stacey discusses credit cards. From safeguarding yourself against fraud to managing credit card debt, Stacey shares tips on how to use your credit card responsibly, and how to improve your overall credit health. Credit cards can be a great tool to build a positive credit history, but it is important to maximize any offered benefits and to keep an eye on your credit report!...

In today's episode, Stacey discusses the importance of saving in different areas and how to prioritize it for your financial situation. From high-yield savings accounts to credit cards to retirement accounts,  there are many tools at your disposal that can help improve your finances. However, it is crucial to take a look at your finances and consider what works best for you!  Envision Financi...

In today's episode, Stacey discusses estimated tax payments. Although paying estimated taxes doesn't apply to everyone, it is crucial for all income earners to consider tax liability from every source of income. Remember to consult a CPA for personalized advice on your specific financial situation.   Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 42...

In today's episode, Stacey discusses cryptocurrency investments such as Bitcoin. Although cryptocurrency investments have increased in popularity in recent years, this investment, like all others, comes with its own set of risks. Stacey explains the potential pros and cons of investing in cryptocurrency, and some recent developments in the cryptocurrency market.  Envision Financial Planning....

In today's episode, Stacey discusses environmental, social, and governance (ESG) investments.  These types of investments can help individuals invest in companies and sectors that align with their personal beliefs. ESG investments have become increasingly popular over the years, and  it is important to understand how this focus can impact your portfolio's overall exposure to the market....