Podcasts about gelt

In this episode of Money Meets Medicine, hosts Dr. Jimmy Turner and Certified Financial Planner (CFP) Justin Harvey tackle three listener questions from the Money Meets Medicine community. 1. Should residents pay extra on their student loans if they are in the new Repayment Assistance Plan (RAP)? 2. What are the financial considerations to make working part-time make sense?  3. If you are a parent (or plan to be), should you pay for your kid's college education? If you do, how can you make that work given the new federal student loan borrowing limits?Resources: Every doctor needs disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability    Are you a 1099, locums doc, K-1 partner, or business owner? You need a tax strategy team. Get 10% off working with Gelt, the team that Jimmy Turner personally uses here (Gelt): https://moneymeetsmedicine.com/CPA Looking to get a lower interest rate on your student loans? Check out Juno's unique student loan Group Negotiation process at https://moneymeetsmedicine.com/Juno  Not sure what to do with your student loans? Get $100 off a student loan consult: https://moneymeetsmedicine.com/loans Have questions of your own? Send them to Jimmy at Jimmy@moneymeetsmedicine.com  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

On the Money Meets Medicine podcast, Dr. Jimmy Turner and Justin Harvey discuss how common personal finance advice can be especially costly for physicians and outline six “bad advice” items. They warn that disability insurance company choice matters because applying with the wrong carrier can trigger denials that eliminate access to guaranteed standard issue policies; they also caution against waiting until late in training. They argue that saving 10–15% or just maxing a 401(k) is usually insufficient for doctors with delayed earnings and debt, suggesting higher savings rates based on retirement goals. They note student loan consolidation advice has changed under the One Big Beautiful Build Act and may limit repayment plan eligibility. They criticize “pay off all debt before investing,” explain why renting isn't necessarily “throwing money away,” and argue that asking if an advisor is a fiduciary is no longer reliable, favoring fee-only transparency. Resources: Every doctor needs own-occupation disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability    Are you a 1099, locums doc, or private practice partner or business owner? You need a tax strategy team. Get 10% off working with the team I use here (Gelt): https://moneymeetsmedicine.com/CPA Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Snag your copy here: https://moneymeetsmedicine.com/freebook Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Die Wall Street startet uneinheitlich in die neue Woche, wobei der Nasdaq mit einem Plus führt, während der Dow Jones nachgibt. Im Tech-Sektor richtet sich der Blick erneut auf den gigantischen Kapitalbedarf des KI-Booms. Nvidia reduziert zwar die direkte Absicherung für das geplante OpenAI-Rechenzentrum in Ohio von ursprünglich 250 auf rund 120 Milliarden US-Dollar, könnte über die Finanzierung von Chipkäufen aber weitere rund 350 Milliarden US-Dollar bereitstellen und damit insgesamt weiterhin für bis zu 470 Milliarden US-Dollar im Risiko stehen. Gleichzeitig erwägt Nvidia eine Investition von bis zu 3 Milliarden US-Dollar in den Rechenzentrumsentwickler SB Energy. Für Aufmerksamkeit sorgt außerdem Berkshire Hathaway, das seine Beteiligung an Google um fast 50 Millionen Aktien auf rund 106 Millionen Aktien erhöht hat – aktuell etwa 36 Milliarden US-Dollar wert und damit inzwischen die drittgrößte Aktienposition des Konzerns hinter Apple und American Express. PayPal profitiert von Berichten über Übernahmegespräche mit Stripe und Advent International, nachdem ein erstes Angebot von 60,50 US-Dollar je Aktie offenbar als zu niedrig abgelehnt wurde, während Piper Sandler das Kursziel auf 59 US-Dollar erhöht. Positiv bleibt auch die Stimmung bei Cybersecurity: Wells Fargo stuft Okta hoch und sieht eine zunehmende KI-getriebene Nachfrage, während die Kursziele für Palo Alto Networks, CrowdStrike und Zscaler angehoben werden. Belastend wirkt dagegen der Ölpreis, Brent steigt auf rund 89 US-Dollar, nachdem sich das Verhältnis zwischen den USA und Iran zuletzt wieder verschlechtert hat. Abonniere den Podcast, um keine Folge zu verpassen! ____ Folge uns, um auf dem Laufenden zu bleiben: • X: http://fal.cn/SQtwitter • LinkedIn: http://fal.cn/SQlinkedin • Instagram: http://fal.cn/SQInstagram

SpaceX priced at $135 a share, raised $75 billion, and hit an all-time high of $225 within days — then fell to $107. Dr. Jimmy Turner and Justin Harvey CFP break down how index funds actually decide what gets included in the index, why the S&P 500 said no to SpaceX while CRSP and the Russell 1000 said yes, and what that means for the total stock market index fund in your 401(k). What you'll learn: Why an index fund doesn't pick stocks — it follows 3 rules: seasoning, profitability, and float How Nasdaq, Russell 1000, and CRSP cut IPO seasoning for SpaceX Why your money in an IPO often funds the private investors cashing out on the other side What Dimensional's 12-month IPO exclusion says about buying at the offering How to handle FOMO before Anthropic and OpenAI potentially go public Resources mentioned: Looking to lower your taxes? Check out Gelt, the tax team Jimmy uses: https://moneymeetsmedicine.com/CPA Juno — Looking for a lower interest rate on your student loans?  Use group negotiated rates from Juno here: moneymeetsmedicine.com/juno Every physician needs disability insurance. Get quotes from Money Meets Medicine Disability Insurance: https://moneymeetsmedicine.com/disability  The Physician Philosopher's Guide to Personal Finance — free book for physicians — moneymeetsmedicine.com/freebook Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Chris and Amy booked a last-minute week in Bora Bora that would have cost over $20,000, almost entirely on points. They break down how it came together, why they chose Bora Bora over Fiji, the Marriott award search quirk that hid available rooms, flying business class in both directions by mixing two airlines, and using card travel credits on the inter-island flights. Then, three nights in, they decided to abandon the deal and pay more to switch resorts. They compare and rank the major Bora Bora resorts, weigh points versus cash, and explain what makes French Polynesia one of the easiest long-haul trips from the West Coast. Link to Full Show Notes: https://chrishutchins.com/bora-bora-on-points-2026/ Partner Deals Haven: Skip the waitlist for the best sauna. Gelt: ⁠Skip the waitlist on personalized tax guidance to maximize your wealth Thrive Market: ⁠30% off your first order of organic groceries + a free $60 gift Bilt Rewards: ⁠Earn the most valuable points when you pay rent Superhuman: ⁠Free month of the fastest and best email with code ALLTHEHACKS For all the deals, discounts and promo codes from our partners, go to: ⁠chrishutchins.com/deals Resources Mentioned Hotels & Resorts Hotel Upgrade Program The Westin Bora Bora Resort & Spa Four Seasons Resort Bora Bora The St. Regis Bora Bora Resort Conrad Bora Bora Nui The Brando Le Taha'a Nanuku Resort Waldorf Astoria Costa Rica Products Monopoly Deal Health & Sauna Research Bryan Johnson — Is Sauna ACTUALLY Good For You? (90-Day Experiment) ATH Podcast #285: Why Net Fulfillment Beats Net Worth with Bill Perkins #287: Putting Die With Zero Into Practice with Brad Barrett Hotel Upgrade Program Best Cards Page Gift Cards Page Newsletter AMA: Submit Questions Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@chrishutchins.com Full Show Notes (00:00) Introduction (02:09) How a Kid-Free Trip Came Together (03:33) How Chris and Amy Choose Vacation Destinations (13:09) Why French Polynesia Over Fiji (14:59) Booking The Westin (20:43) Flying Business Class Both Ways on Two Different Airlines (26:22) Air Tahiti Nui and the Inter-Island Flights (31:15) A Surprise First Class Upgrade on Air Moana (32:47) Arriving in Bora Bora and Checking Into The Westin (34:29) First Impressions: A Brand-New Property with Great Bones (37:33) A Thousand Little Cuts: The Westin's Service Problems (44:50) The Math Behind Checking Out Early (52:21) The Four Seasons vs. The Westin: What the Extra Money Buys (59:23) Why the Four Seasons Spa Facilities Stood Out (01:00:37) Getting Serious About Sauna Again (01:05:51) Pickleball, Paddleboarding, and Space to Get Lost (01:08:00) Did the Four Seasons Save the Trip? (01:13:18) How to Actually Get Deals at the Four Seasons (01:16:20) Ranking All Four Bora Bora Resorts (01:19:32) Why Fiji Is Still at the Top of the List (01:21:45) Where AI Can Go Wrong (01:23:15) Packing a Travel Med Bag for Remote Destinations (01:24:20) Final Thoughts and Why Bora Bora Keeps Winning Connect with Chris ⁠⁠Newsletter⁠⁠ | ⁠Membership⁠⁠ | ⁠X⁠⁠ | ⁠Instagram⁠⁠ | ⁠LinkedIn⁠⁠ Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

28% of physicians say they don't earn enough for what their family needs. The lowest-paid specialty still makes $266,000. Medscape's 2026 physician compensation report surveyed roughly 6,000 doctors across 29+ specialties, and the numbers tell a stranger story than "doctors are underpaid." Average pay rose 3%, barely clearing inflation, and nine specialties were flat or down. Jimmy and Justin unpack what the data says about physician pay, negotiation, and the 40% side-gig statistic. What you'll learn: Why primary care averaged $298K and specialists $417K — and which specialties outpaced inflation What percentage of physicians negotiated their compensation, and how many just took what they were given Why "we don't negotiate" pay models push high performers out The paradox: 53% feel personally fairly paid, but 61% say the profession is underpaid What the 40% side-gig number reveals about autonomy and moral injury Resources mentioned: Money Meets Medicine Disability — moneymeetsmedicine.com/disability Need a new CPA or a better Tax Strategy? Get a 10% discount when working with Gelt, the tax strategy team that Jimmy Turner uses: https://moneymeetsmedicine.com/Gelt Medscape Physician Compensation Report 2026 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Wem viel gegeben ist... was steckt eigentlich in uns? Welches Potential tragen wir in uns? Was hat Gott uns gegeben? Eine der Gaben des Heiligen Geistes ist der Mut.

Die KI-Welle sorgt weltweit für immer mehr Neugründungen. Start-ups mit Künstlicher Intelligenz als Kerngeschäft boomen. Aber auch die Konkurrenz steigt, während Investorengeld knapper wird. KI macht Gründen riskanter und eröffnet neue Chancen. Walch, Friederike; Metz, Moritz

Being able to know the difference between a good and a bad job offer as a physician in private practice involves knowing where the landmines and pitfalls are so that you can avoid them. In this episode, host Dr. Jimmy Turner interviews Michael Johnson, a physician contract attorney at Michael Johnson Legal. Resources: Get 10% off working with Gelt, the tax strategy team that Jimmy Turner personally uses: https://moneymeetsmedicine.com/CPA Every doctor needs own-occupation disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Snag your copy here: https://moneymeetsmedicine.com/freebook What you'll learn: What "partnership" truly means in a business context The financial realities of partnership tracks, buy-in costs, and ownership structures Common pitfalls, including misleading partnership titles, private equity buyout risks, and real estate considerations Eight essential questions physicians should ask before committing to a partnership Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Trump accounts — technically the 530A — went live July 4th, and Justin Harvey opened three for his own kids just to see how they work. These accounts are child-owned, they behave like a traditional IRA, and they come with rules most physicians haven't heard yet.  Tag along with Jimmy Turner and Justin Harvey as they discuss where they actually belong in your savings hierarchy, and who should pass entirely.Resources: Get 10% off working with Gelt, the tax strategy team that Jimmy Turner personally uses: https://moneymeetsmedicine.com/CPA Every doctor needs own-occupation disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability    Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Snag your copy here: https://moneymeetsmedicine.com/freebook What you'll learn: Why the 530A is closer to a traditional IRA than a 529 — and the basis-tracking problem nobody is warning parents about Where Trump accounts rank against 401(k)s, backdoor Roths, and 529s in a physician savings hierarchy Who actually gets the free $1,000, and why older kids are treated differently The Roth conversion play at age 18 — and the risk of handing an 18-year-old a quarter-million-dollar account Why a kid's Roth IRA may teach better money lessons than any government-funded account Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

„Das Schlimme ist, wenn man als Homosexueller darauf hinweist, dass wir Angst vor arabischstämmigen oder afghanischstämmigen Menschen haben, werden wir als Rassisten dargestellt. Also wir dürfen das nicht mal sagen, dass wir Angst vor diesen Menschen haben.“ – so äußert der Aktivist Ali Utlu seine bestürzung. Sein Partner und er wurden am Kölner Bahnhof brutal überfallen. Die Täter: Arabischstämmig In diesem Interview spricht Sophia Juwien mit Ali Utlu – Aktivist, Blogger und Ex-Muslim – über den brutalen Angriff auf ihn und seinen Mann nach der Pride-Parade in Köln. Die Täter, ist er sich sicher sind arabische Migranten. Von der Polizei fühlt er sich in Stich gelassen. Immer mehr Bars und Clubs in Köln brauchen Türsteher und Security, denn "die Situation ist viel gefährlicher als vor 2015", so Utlu. Wenn Ihnen dieses Interview gefallen hat: Unterstützen Sie diese Form des Journalismus: https://www.tichyseinblick.de/unterstuetzen-sie-uns Webseite: https://www.tichyseinblick.de Newsletter: https://www.tichyseinblick.de/newsletter/anmeldung/ #aliutlu #köln #pride #LGBTQ #queer #homophobie #deutschland#politik #sicherheit

CPA Spencer Carroll joins the show to unpack tax strategy for physicians: why your income type matters more than your income, and where the real savings hide. Whether you're a W-2 employee, a 1099 locums doc, or a K-1 partner, the levers you can pull are wildly different. What you'll learn: Which of W-2, 1099, and K-1 is the best—and worst—way to get paid as a physician When an S corp actually makes sense, and how "reasonable salary" really works The truth about real estate professional status and the short-term rental loophole, from a CPA who owns rentals himself The one red flag that means you're probably overpaying: barely talking to your CPA all year Resources: Head to moneymeetsmedicine.com/cpa to book a complimentary call with Gelt and get 10% off your first year. Subscribe to Money Meets Medicine wherever you get your podcasts, and leave a rating—it helps other physicians find the show. Disclaimer: This episode is a part of a paid partnership between Physician Philosopher LLC with Better Technologies Inc. (DBA Gelt), a tech-enhanced tax-strategy company. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

#285: Bill Perkins joins Chris to unpack what dying with zero really means in practice. They discuss why net fulfillment matters at every stage of life, which experiences are worth prioritizing now, how to bank memory dividends, the questions to ask yourself before spending (or saving), and how to solve for maximum fulfillment. Bill Perkins is a hedge fund manager, energy trader, and author of the international bestseller Die With Zero Link to Full Show Notes: https://chrishutchins.com/bill-perkins-net-fulfillment-beats-net-worth Partner Deals Haven: Skip the waitlist for the best sauna. Gelt: ⁠Skip the waitlist on personalized tax guidance to maximize your wealth Copilot Money: ⁠Free 2 months access to my favorite personal finance app with code HACKS2 DeleteMe: ⁠20% off removing your personal info from the web Mercury: Help your business grow with simplified finances For all the deals, discounts and promo codes from our partners, go to: ⁠chrishutchins.com/deals Resources Mentioned Bill Perkins: Instagram | Website | X Book: Die With Zero: Getting All You Can from Your Money and Your Life Full-body MRI Scan: Prenuvo Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence ATH Podcast #40: The Power of Regret, Motivation and Good Timing with Daniel Pink Newsletter AMA: Submit Questions Leave a review: Apple Podcasts | Spotify Email for questions, hacks, deals, and feedback: podcast@chrishutchins.com Full Show Notes (00:00) Introduction (01:27) Who Die With Zero Is Really For (02:32) Defining Net Fulfillment (03:14) Common Misconceptions People Have About Retirement and Spending (05:07) Why Money's Value Declines as You Age (09:12) Time Bucketing vs. a Bucket List (14:06) Memory Dividends: How Experiences Pay You Back for Life (20:47) Tactics to Make Your Memories Pay Bigger Dividends (22:12) Why You Should Start Investing in Experiences Now (25:39) How Far in Advance Should You Bucket Your Experiences? (27:27) The Experiences to Prioritize in Your 20s and 30s (30:35) Chris' Backpacking Trip (31:33) How to Avoid Getting Stuck on the Hamster Wheel (33:58) The Five Whys: Questioning the Outcome You Actually Want (35:54) Bill's Advice to People Who Are Contemplating a Career Upgrade (39:40) What to Do If You're Afraid of Running Out of Money (40:39) Attach Your Efforts to Your Goals (42:52) Letting Go of the Fear of Failure (44:51) Reframe Your Mindset to Minimize Future Regret (47:53) Do the Bold Thing (49:00) What an Hour of Your Time Is Really Worth (52:06) Should You Be Spending More or Less Money? (56:47) How Much You Need and When You Can Stop Saving (01:01:53) Why Doing It Now Also Benefits Your Future Self (01:02:32) The Coke vs. Pepsi Experiment and How Memory Works (01:03:46) Deconstructing What You Love About Your Job (01:05:57) What Bill Loves and Hates About the FIRE Movement (01:10:58) Get Past Your Habits and Ego to Unlock More Choices (01:12:44) Why Chris Set a Lower Net Worth Goal (01:16:08) Solving for Maximum Fulfillment (01:20:47) The Health Habits That Unlock Everything Else (01:24:24) Why Diagnostics Are Key to Catching Disease Early (01:27:58) Where to Find Bill Perkins Connect with Chris ⁠⁠Newsletter⁠⁠ | ⁠Membership⁠⁠ | ⁠X⁠⁠ | ⁠Instagram⁠⁠ | ⁠LinkedIn⁠⁠ Editor's Note: The content on this page is accurate as of the posting date; however, some of our partner offers may have expired. Opinions expressed here are the author's alone, not those of any bank, credit card issuer, hotel, airline, or other entity. This content has not been reviewed, approved or otherwise endorsed by any of the entities included within the post. Learn more about your ad choices. Visit megaphone.fm/adchoices

Dr. Jimmy Turner cut back to part-time at 35—and ended up on antidepressants. FIRE wasn't the escape hatch he expected. FIRE—financial independence, retire early—promises an exit from burnout. But what happens when you finally get there and realize you don't know who you are without medicine? Jimmy and Justin make the case for FIWO (financial independence, work optional) instead. Resources: Disability Insurance: Every physician needs to get individual disability insurance while in training. Get a quote from Money Meets Medicine Disability Insurance, a company you can actually trust. Built by doctors, for doctors.  Does your CPA only reach out in March each year and show you a giant tax bill? You need tax strategy, not just tax filing. Click here to get a 10% discount code to work with Gelt, the same tax strategy team that Jimmy personally uses.  Every physician needs basic financial literacy. Get a free copy of Dr. Turner's best-selling book, The Physician Philosopher's Guide to Personal Finance.  Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

What if your first three years as an attending decide whether you work three days a week in your 40s—or six days into your 60s? Dr. Jimmy Turner burned out early in his career—antidepressants, 1.3 FTE, the works—before discovering the fix: working less. He and Justin Harvey, CFP, break down Coast FIRE, your Wealth Accumulation Rate, and why the savings decisions you make right out of training set a trajectory you'll feel for decades. What you'll learn: Why a ~30% Wealth Accumulation Rate early on can buy you a 3-day clinical week later How Coast FIRE lets you save less down the road and still reach financial independence on time The two kinds of autonomy—personal and professional—that really drive physician burnout A smarter take on "live like a resident" so you can enjoy your income without losing the plot   Resources: Are you a 1099, locums doc, or private practice partner or business owner? You need a tax strategy team. Get 10% off working with the team I use here (Gelt): https://moneymeetsmedicine.com/CPA Every doctor needs own-occupation disability insurance. Get it from a source you can trust: https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance? Snag your copy here: https://moneymeetsmedicine.com/freebook Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

Physicians earning $400K are living paycheck to paycheck—and an 18th-century psychology trap is why.  Roughly 30% of doctors over 60 don't have $1M in net worth, even counting their home. Justin Harvey and Dr. Jimmy Turner unpack the behavioral-finance forces—the Diderot Effect, lifestyle creep, and leverage—that quietly erode physician wealth, and the simple framework that lets you spend guilt-free while still building real options.Resources: Disability Insurance: Every physician needs Disability Insurance from MMM Disability Insurance. Click here to get a Quote from Money Meets Medicine Disability Insurance Looking for a new CPA? Use the one that Dr. Jimmy Turner personally uses and recommends (Gelt). Click here to get a 10% discount code on services when working with Gelt. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

There are two ways to get your student loans forgiven — and the one nobody talks about could leave you with a six-figure tax bill. Most physicians know PSLF. Far fewer understand taxable forgiveness — the IDR path that hands you a massive tax bill 20 years down the road. Jimmy and Justin break down a real listener question (anesthesiologist + dentist, $400K in loans at 7%) to show why "married filing separately" math isn't as clean as it looks, and why your repayment plan now hinges on a looming July 2026 deadline. Resources mentioned: Looking for a CPA that does more than just file taxes each year? Check out Gelt, the proactive tax strategy partner that Jimmy personally uses, and receive 10% off the first year through the MMM link. Get $100 off a Student Loan Consult with Student Loan Planner: moneymeetsmedicine.com/loans Looking to refinance your private student loans? Click here to learn how to find the lowest interest rates out there. Every physician must get disability insurance before leaving training! Get a disability insurance quote from Money Meets Medicine Disability. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

One student loan decision in the next few weeks could cost — or save — a physician six figures. On May 1, 2026, the Department of Education finalized the 134-page rule rewriting federal student loan repayment.  Dr. Jimmy Turner goes solo to break down what changed and the moves that protect six figures. What you'll learn: Why the July 1, 2026 cutoff decide whether you keep IBR at all The consolidation trap that can permanently lock residents out of IBR The RAP interest subsidy that keeps a $300K balance from ballooning during residency The RAP-to-IBR playbook for PSLF: which payments count, and when to switch Married or in a community property state? How filing separately changes the math Resources: Every doctor needs their own occupation disability insurance. Get it from a source you can trust: https://moneymeetsmedicine.com/disability  Have private loans? You should refinance those to the interest rate you can find. To do that, check out Juno: https://moneymeetsmedicine.com/JUNO Looking for a new CPA? Use the one Jimmy uses (Gelt). Get a 10% discount when working with them here: https://moneymeetsmedicine.com/CPA Looking to save $100 on a student loan consult? Visit moneymeetsmedicine.com/loans Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

Drösser, Christoph www.deutschlandfunk.de, Forschung aktuell

Becoming an accidental landlord could cost you a six-figure tax bill — or be the smartest move you make. You're finishing training, moving cities, and that house you bought a few years ago — the one with the enviably low mortgage — is suddenly a decision: sell it and pocket the equity, or rent it out and start building "passive income"? It sounds simple. It isn't. Dr. Jimmy Turner and Justin Harvey, CFP®, break down the real math behind renting vs. selling your home as a physician — and the IRS clock most people don't realize is already running. What you'll learn: How Section 121's $500K capital gains exclusion works — and the 2-out-of-5-year rule that quietly creates six-figure tax bills Why "I have a 3% mortgage" is golden handcuffs, not a strategy The honest cost of becoming an accidental landlord — property management, the 1% maintenance rule, the curveballs When renting during a fellowship is a smart, low-risk way to test landlording Why real estate tax breaks aren't free — what 1031s and "die-with-it" actually require Resources 1099 Doc, locums, or private practice partner? Upgrade your CPA with Gelt (the tax strategy team Jimmy uses). Use this link to get a 10% discount when working with Gelt: https://moneymeetsmedicine.com/CPA  Get Disability Insurance from Money Meets Medicine Disability Insurance — moneymeetsmedicine.com/disability Have a question you want discussed on the show? Email me at jimmy@moneymeetsmedicine.com Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Ramit Sethi of I Will Teach You To Be Rich talks to Drew and Amanda, a married couple earning around $167,000 a year with a net worth of over $800,000. On paper, they look financially successful but behind the scenes, their fixed costs are dangerously high, their savings are low, and their spending decisions are causing tension in the relationship. Drew admits he struggles with spending, while Amanda finds it difficult to say no, leaving them stuck in a pattern where money feels stressful instead of empowering. In this episode we uncover: • Their household income of around $167,000 a year • Why they still feel financially stretched despite a strong net worth • Their surprisingly low savings compared with their assets • How fixed costs reached around 89% of their gross income • Drew's struggle with spending and impulse decisions • Amanda's difficulty saying no without feeling like the “bad guy” • The hidden relationship dynamic behind their financial stress • Why eating out 6–8 times a week became a major spending leak • The role of bonuses in justifying bigger spending decisions • Amanda's childhood experiences with financial instability • Drew's “you only live once” money mindset • How their daughter is learning from their financial behaviour • Ramit's challenge for them to stop making emotional money decisions • Why vacations may need to pause while they rebuild savings • Their plan to create a family money philosophy and emergency fund ⏩ CHAPTERS (00:03:15) Why Drew applied to the podcast (00:07:00) The hidden decision-making problem (00:10:30) Why they don't feel like a team with money (00:16:15) Their financial numbers revealed (00:21:15) The reality of their household income (00:29:25) Fixed costs are the real problem (00:33:10) The truth about eating out (00:35:50) How bonuses fuel spending (00:39:30) The couple who struggle to say no (00:45:30) Amanda's childhood money story (00:56:30) Their inherited money beliefs (00:58:20) Starting their Rich Life vision (01:04:00) Pausing vacations to rebuild stability (01:10:00) Drew practices saying no (01:16:30) Amanda's role changes (01:20:30) Cutting subscriptions and eating out (01:29:30) Redirecting money toward savings (01:36:00) Creating a family money philosophy (01:44:30) Ramit's final advice THIS EPISODE IS BROUGHT TO YOU BY Shopify | Sign up for a $1 per month trial period at https://shopify.com/ramit Gelt | Book a tax consultation with Gelt at https://joingelt.com/ramit. As a member of my community, you can skip the waitlist DeleteMe | Get 20% off all consumer plans when you go to https://joindeleteme.com/ramit and use promo code RAMIT at checkout Wispr Flow | Try Wispr Flow for free at wisprflow.ai/ramit Connect with Ramit • Get my new book, Money For Couples • Get Money Coaching with Ramit  • Download the Conscious Spending Plan • Listen to my book—now on Audible • Get my New York Times best-selling book • Get my no-numbers journal • Other episodes • Instagram • Twitter • YouTube Calling LA couples: Apply to be coached for free on this podcast at https://iwt.com/apply

Brief SummaryBitcoin is trading near $77K this morning, but the market still looks defensive after a 7% two-week decline.Ethereum remains weaker than Bitcoin, trading around $2,100 and down more than 10% over the past two weeks.Crypto investment products saw $1.47 billion in outflows last week, including $1.32 billion from Bitcoin funds and $223 million from ether funds.The 11 U.S. spot Bitcoin ETFs alone lost $1.26 billion last week, following roughly $1 billion in outflows the week before.Bitcoin is pinned between key on-chain levels near $77K and Deribit options positioning around the $75K put and $80K call strikes.Strategy repurchased $1.5 billion in convertible debt for $1.38 billion, using cash instead of buying more Bitcoin.Strategy still holds 843,738 BTC at an average price around $75,700 per coin.Hyperliquid launched HIP-4 outcome contracts for macro events like inflation and Fed decisions, taking direct aim at prediction markets.Spain opened disciplinary proceedings against Polymarket and Kalshi and ordered ISPs to block both platforms.Nasdaq's QBTC Bitcoin index options have conditional SEC approval, but still need CFTC clearance.StablR froze USDR and EURR after an attacker minted $13.5 million in unbacked tokens through a 1-of-3 multisig weakness.Kelp DAO says rsETH has been fully restored after the April Lazarus-linked exploit.XRP Ledger is rolling out a maintenance upgrade to delete expired NFT offers and patch accounting bugs.Stablecoin market value has reached about $322 billion, now larger than the FX reserves of 95 countries.Tether plans to launch GELT, a Georgian lari stablecoin, with government support in Georgia. Hosted on Acast. See acast.com/privacy for more information.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

40% of doctors have a side gig — and most are one contract clause away from handing it to their employer. Forty percent of physicians now run a side gig — chart reviews, expert witness work, SaaS tools, real estate, content, consulting. But here's what nobody covered in residency: most are leaving money on the table at tax time, mixing business and personal finances into an unfixable mess, or unknowingly signing away their intellectual property in an employment contract they barely skimmed. In this episode of Money Meets Medicine, Dr. Jimmy Turner and CFP Justin Harvey unpack what physicians actually need to know before they earn their first non-clinical dollar — and what to do once they're already five figures a month in. If you've ever wondered whether you should be an S Corp, whether your hospital can claim your nights-and-weekends project, or whether business ownership is even worth the headache, this one is for you. Resources: Need a new CPA? Work with Gelt, the proactive tax strategy partner that Jimmy uses, and receive 10% off the first year through the MMM link — https://moneymeetsmedicine.com/CPA Disability Insurance — Where physicians (especially trainees) can request a GSI quote and learn whether one is available at their program — moneymeetsmedicine.com/disability Medscape 2025 Physician Side Gig Survey - https://www.medscape.com/slideshow/doctors-side-gigs-2025-6018502   Episode Summary An orthopedic surgeon writes in: he's pulling $550K at an academic center and has quietly built an AI-powered prior authorization SaaS now generating five figures a month. What should he be thinking about? Jimmy and Justin use that question as a launchpad into the financial reality of physician non-clinical income — the ups, the downs, and the surprisingly counterintuitive parts. Jimmy, recently transitioned from 15 years as a W-2 academic anesthesiologist to a 1099 private practice gig, shares why business ownership has been more stressful than running codes — and why he's still glad he did it. He explains why a $30,000 surprise tax bill finally pushed him to bring in a real tax strategy team (not the February-only compliance CPA most physicians settle for), and the difference between the two. The conversation digs into the Medscape 2025 numbers: 40% of physicians have a side gig, 50% between ages 40 and 50, and 60% say they're doing it for extra income. Most physicians aren't actually trying to leave medicine — they're trying to build enough financial freedom to practice on their own terms. Sometimes a $60,000 side income buys back a day of the week. Justin pushes on the harder questions: What's your goal? What's the actual ROI once you factor in CPA fees, self-employment tax, and the brain space business ownership demands? Why some physicians thrive in 1099-land and others should sprint back to W-2. They also walk through the practical setup — the deceptively simple three-step LLC-EIN-bank-account process most physicians overcomplicate or skip entirely — and the contract landmine almost no academic physician thinks about: who actually owns the work you do on nights and weekends. Plus the tax-strategy doors most W-2 doctors don't realize are closed to them: S Corp elections, QBI, solo 401(k)s, cash balance plans, and pass-through entity tax. If you're already running a side gig or seriously thinking about one, this is the cheat sheet you wish someone had handed you before you started. What You'll Learn Why 40% of physicians now run a side gig — and the real reason most start one (it's not what you think) The three-step business setup most physicians overcomplicate: LLC, EIN, separate bank account How an employment contract clause can quietly hand your side gig over to your hospital — and how to negotiate it before you sign When a tax strategy team actually pays for itself versus when basic compliance is enough The ROI math on 1099 income: what your side gig really needs to clear after self-employment tax, professional fees, and added complexity Side gigs with lower ceilings but much higher odds of success — and why 90% of online businesses fail Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.—

The 12 to 24 months after residency set the trajectory for your entire financial life — and most physicians get it wrong. In this episode, Jimmy and Justin walk through the financial checklist every new attending needs: why you should start a taxable brokerage account immediately (not just max your retirement accounts), how to build a student loan plan before RAP and IBR rules shift, the backdoor Roth transition, vesting schedules that can cost you tens of thousands, and the lifestyle inflation trap that quietly delays financial independence. You can have anything you want — just not everything. Resources: Looking for a CPA that does more than just file taxes each year? Check out Gelt - the proactive Tax team that Jimmy uses: https://moneymeetsmedicine.com/CPA Every doctor needs own-occupation disability insurance.  Get it from a source you can trust: https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Snag your copy here: https://moneymeetsmedicine.com/freebook Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Disclaimer: Today's episode is sponsored by Gelt. Content is for educational purposes only. Not advice. Results discussed have not been vetted. Claims made by the guest have not been verified. The views expressed by the guest do not reflect those of the host or this show.To book a PREMIUM spot on the Podcast: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.drchrisloomdphd.com/_paylink/AZpgR_7f⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Book a 1-on-1 coaching call: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.drchrisloomdphd.com/booking-calendar/introductory-session⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Subscribe to our email list: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://financial-freedom-podcast-with-dr-loo.kit.com/⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠email chris@drchrisloomdphd.com with "Podcast freebie" to book a coveted FREE guest spot on the show. 

Molly and Jason are 45 and 46, living together with a 2-year-old daughter. They earn $142,000 a year combined. They have $0 in savings, $46,000 in debt, and a net worth of just $4,842. They dream of buying a house, investing in real estate, and retiring early. But when Ramit opens their Conscious Spending Plan, the picture is stark. Fixed costs at 77%. No savings rate. $25,000 in credit card debt in Molly's name that Jason can't fully account for. And a financial system built entirely on Venmo transfers, separate accounts, and crossed fingers. What Ramit finds underneath the numbers is a relationship where one person is managing everything alone, and the other has quietly checked out. Molly researches, opens accounts, tracks the bills, and covers the overdrafts. Jason works, pays rent, and sends Venmo transfers when asked. Neither of them planned financially before having a baby. Neither of them has seen what a real financial partnership looks like. But something shifts. When Ramit shows them that working together they could reach $1.75 million by retirement, something clicks. They stop explaining why things are the way they are and start talking about what they are going to do. In this episode we uncover: Why two people earning $142,000 a year can have $0 in savings and $46,000 in debt The Venmo money transfer system that has kept them financially disconnected for years What it looks like when one partner manages everything alone while the other disengages How $4,000 in annual subscriptions disappears when nobody is looking at the full picture Why dreaming about real estate investing is the wrong move when your own finances are on fire The moment Jason admits he feels resentful and apathetic about money The plan to sell the truck, wipe the credit card debt, and combine finances for the first time What Ramit means when he says the biggest savings anyone can make is on housing costs The follow-up update from Molly and Jason Chapters: (00:00:00) "We wanna be rich. We have $0 in savings" (00:03:01) Meet Molly and Jason (00:10:00) How often do you talk about money? (00:14:00) Jason completely disengaged (00:19:00) No decisions are ever made (00:30:00) Dreamers who won't save $250 a month (00:34:11) Opening the Conscious Spending Plan (00:40:15) Fixed costs at 77% (00:46:50) Separate accounts, Venmo transfers, no shared vision (00:59:20) "Resentful. And apathetic." (01:03:00) Money psychology and upbringings (01:17:46) "You're gonna sell a truck and pay off debt" (01:41:13) Follow-ups This episode is brought to you by: Gelt | Book a tax consultation with Gelt at https://joingelt.com/ramit. As a member of my community, you can skip the waitlist ZocDoc | Go to https://zocdoc.com/ramit to find and instantly book a top-rated doctor today #sponsored Leesa | Go to https://leesa.com for 20% off select mattresses PLUS get an extra $50 off with promo code RAMIT, exclusive for my listeners Fabric by Gerber Life | Join the thousands of parents who trust Fabric to protect their family. Apply today in just minutes at https://meetfabric.com/ramit MasterClass | For unlimited access to every class and an additional 15% off any annual membership, go to https://masterclass.com/ramit Connect with Ramit Get my new book, Money For Couples Get Money Coaching with Ramit Download the Conscious Spending Plan Listen to my book now on Audible Get my New York Times best-selling book Get my no-numbers journal Other episodes Instagram Twitter YouTube If you or your partner get stressed spending $150 on dinner, or are covering up spending, I'd like to help. Apply to be coached for free on this podcast at iwt.com/apply

Ramit Sethi of I Will Teach You To Be Rich talks to Tania and Mike who are in their 50s, married 21 years, and earning over $225,000 a year. By most measures, they should be fine. But they've been trapped in the same debt cycle for two decades. Cashing out 401(k)s, borrowing from family, and digging themselves out only to fall right back in. Again and again. When Ramit opens their Conscious Spending Plan, the numbers are genuinely shocking. Fixed costs at 155%. Savings at 0%. Guilt-free spending at -73%. They are spending more than they make every single month and they have barely one month of savings to show for it. But the money isn't even the most revealing part of this episode. Ramit works through the psychology behind the cycle, the “dreamer” pattern that keeps pulling them back in, and what it's actually going to take for them to change together. In this episode we uncover: A $228K income with 155% fixed costs… How does that even happen? The parent-child dynamic Ramit identifies and why both of them are miserable because of it Mike's $23,000 tractor purchase and the pattern behind it Why Tania has been a “money transcriptionist” instead of a money manager The “dreamer” trap: Believing the next thing will finally fix everything How Mike's upbringing shaped his complete shutdown around money What real money conversations between couples actually look like The follow-up update from Tania and Mike Chapters: (00:00:00) Introduction (00:07:04) Looking at the numbers: $228K income, 155% fixed costs (00:11:41) "I've never talked about feelings, we've been married 21 years" (00:30:35) The tractor: how every big purchase actually happens (00:43:26) Cashing out retirement AGAIN! (00:47:14) The dreamer pattern: why the next thing never fixes anything (00:53:46) Michael's moment: "I don't know how to talk about money. It scares me." (01:07:56) Ramit walks through their house: where did all the money go?(01:16:07) The alter ego exercise: imagining a different life (01:31:27) Tanya's moment: "I'm the hero. I always say yes." (01:34:05) Ramit draws the caricature (02:01:48) Follow-ups This episode is brought to you by: Gusto | Try Gusto at http://gusto.com/ramit and get 3 months free when you run your first payroll Facet | As of the date of this recording, Facet is waiving the enrollment fee for new annual members, and for my audience, Facet is offering $300 into your brokerage account if you invest and maintain $5,000 within your first 90 days. Head to facet.com/ramit to learn more about which membership option is best for you. Offer expires March 31, 2026. #FacetAd  Gelt | Book a tax consultation with Gelt at https://joingelt.com/ramit. As a member of my community, you can skip the waitlist Shopify | Sign up for a $1 per month trial period at https://shopify.com/ramit Fabric by Gerber Life | Join the thousands of parents who trust Fabric to protect their family. Apply today in just minutes at https://meetfabric.com/ramit Connect with Ramit • Get my new book, Money For Couples • Get Money Coaching with Ramit • Download the Conscious Spending Plan • Listen to my book—now on Audible • Get my New York Times best-selling book • Get my no-numbers journal • Other episodes • Instagram • Twitter • YouTube Has your partner recently been obsessed with investing? Maybe not telling you what they're doing with your shared money? If so, I'd like to talk. Apply to be coached for free on this podcast at iwt.com/apply