Better Financial Health in 15 Minutes (or less!)

As we wrap up 2023, many people are (or should be!) double checking to make sure they fulfilled their charitable giving intentions. While it's easy to drop some cash in the bucket or click a donate button on a website, Stacey is sharing some other ways you may want to consider giving that may benefit your tax position and do not cost the organizations you're giving to either. Remember that some of these methods do take a bit of extra time and you'll need to take that into consideration for year end gifts!

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

We've discussed gifts to give for the people who see to have everything or ways to stretch your budget, but this week, Stacey is discussing an option that will outlast any clothes or toys you maybe considering for the children in your life... a 529 plan! Before you think a 529 plan is too limited, think again! In this episode, Stacey shares some of the many ways the plans can be used to help fund the educational futures of the next generation and how it can benefit the tax situation of the person paying into the plan. It truly is a gift that keeps on giving!

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

As we near the end of the year, it's time to make sure you have made the appropriate contributions for your particular situation to your IRA. Stacey is here this week to discuss several scenarios that you may run into as you double check to make sure you are getting the most out of your contributions.

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

It's that time of the year.... no, not the holidays yet, it's open enrollment time for many employers. What do you need to be thinking about as you evaluate your situation and think about the future? Stacey has some tips to make sure you set yourself up for success in the new year.

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

It's time for Medicare open enrollment, and if this is your first time making selections or you are considering changing your current selections to your plan, now is the time to do your homework and make sure you are getting the best coverage at the best price available to you. Stacey has some great tips and reminders for you to consider regarding drug plans, doctors and hospitals and other programs you may not have considered that can help save you money so that your physical health and financial health are both at their best. 

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

This week, Stacey is discussing the difference in expenses of renting and purchasing a home and how the current market may cause you to reconsider if you have to get on the property ladder as soon as possible. You may think you have it all figured out, or maybe you think doing one thing will cause you to miss out on another, but Stacey is here to give you some big picture things to consider specific to the current market.

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

Happy 100th episode to Better Financial Health in 15 Minutes (or less!)! This week, Stacey is reflecting on how and why we started this podcast and where we hope it will go. Have a question or topic you want to hear on the show? Send it to [email protected]! We want to thank you all for listening and hope you will share your favorite episodes with your family and friends.

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

Stacey has said before that spending on experiences versus traditional gifts can be a meaningful way to spend time and money with family and friends. But what about spending on those concert or show tickets or trips or adventures instead of saving for traditional big ticket items like a down payment on a home or a car? Should you go into credit card debt to pay for the family trip or reduce your 401k deductions to pay for the trip? Stacey is sharing some things to think about this week as you're planning for your next big adventure or gift to share with your family!

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

Budgeting is important for everyone, but budgeting for people who have less consistent income or who aren't salary workers can be challenging! Stacey is here this week to offer some helpful tips for self employed people or freelance workers or other people who have "lumpy" pay checks. What things should you consider setting aside for tax purposes? What about an emergency fund and insurance? There are lots of things to think about to make sure you are setting yourself and your family up for success!

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.

Student loans have been a topic we have discussed several times as we have tried to prepare borrowers for the payments to begin again. But now, the payments have started (or are starting soon) and Stacey has some options for people who are finding themselves struggling to make these payments, including the SAVE Plan (Saving on a Valuable Education). Tune in to find out some of the resources available!

 Envision Financial Planning. 5100 Poplar Avenue, Suite 2428, Memphis, TN 38137. (901) 422-7526. This communication is strictly intended for individuals residing in the United States.  Advisory Services offered through Envision Financial Planning, a Registered Investment Adviser.