Podcasts about physicianfinance

“Can money really buy happiness, or just comfort?” Let's find out in today's episode. Welcome back to the Finding Financial Freedom Podcast with Dr. Disha Spath. In this episode, we're doing something special—a collaborative episode with Dr. Elisa Chiang, host of the Grow Your Wealthy Mindset Podcast. Dr. Elisa is a practicing oculoplastic surgeon, certified life coach, and founder of Grow Your Wealthy Mindset, where she empowers physicians to take control of their finances and live with intention. In this joint episode, we dive deep into the intersection of money, happiness, and intentional living.  Together, we explore how financial wellness supports happiness—but why it's not the whole picture. From personal insights on spending habits to reflections on physician burnout and values-driven choices, this conversation unpacks what it truly means to live a wealthy life—and find financial independence as physicians.   Key Topics Covered: 1. Does Money Buy Happiness?Why money contributes to happiness—but doesn't guarantee it. 2. Value-Based Spending How aligning your spending with your values brings more satisfaction. When purchases become liabilities—emotionally and financially. 3. Physician Wellness for Doctors The pressure to “upgrade” lifestyle post-training and finding the path to financial wellness. 4. Trading Time for Money (Is It Worth It?) Why more income doesn't always mean more happiness. How to eliminate lifestyle inflation and regain control of your finances. 5. Money and Happiness  Why achieving happiness as a physician requires active, ongoing work.  How coaching and self-reflection can lead to real balance. Listener Takeaways: How to align money with your definition of a meaningful life. Why physicians often tie self-worth to income—and how to break free.  Practical ways to build happiness into your financial journey. How to stop trading time for money and start living intentionally.   Resources Mentioned: GrowYourWealthyMindset.com  The Grow Your Wealthy Mindset Podcast Follow Dr. Elisa Chiang: Instagram:  @GrowYourWealthyMindset instagram Facebook: ElisaChiang   About the Co-Host: Dr. Elisa Chiang is a board-certified oculoplastic surgeon, life coach, and host of the Grow Your Wealthy Mindset Podcast. She helps physicians take charge of their money and mindset to build a life of purpose, balance, and true wealth.   Connect with Us: Host: Dr. Disha Spath, The Frugal Physician   If you're a physician striving for more than just financial security—if you're seeking joy, alignment, and meaning—this episode is your roadmap.

In this episode, Dr. Peter Kim takes us on his journey of shifting from the traditional mindset of trading time for money to building assets and creating passive income. He explores the challenges and triumphs of this transformation, highlighting the importance of embracing mistakes, surrounding yourself with like-minded individuals, and taking the first step toward financial independence. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD. Like what you heard? Subscribe and Rate Us!

In this episode, Dr. Peter Kim sits down with Austin Dean, founder and CEO of Waystone Advisors. They talk about non-traditional finance, discussing strategies to help physicians build wealth and move toward financial independence. Find out more about how to break beyond traditional retirement planning and learn how to use real estate and other alternative investments to secure your financial future. Waystone Advisors brings this episode to you. ​Waystone Advisors helps clients design wealth strategies that provide flexibility and control as they pursue their most important goals. By going beyond traditional investing, the firm customizes wealth-building strategies using a blend of academically tested research and unique financial solutions, empowering clients to achieve financial success. Learn more about ​Waystone Advisors. Are you looking for a community to encourage you as you begin, or want to accelerate your business to the next level? Then join thousands of physicians who share the same journey of creating their ideal lives through multiple streams of income by joining us in our Facebook communities such as Passive Income Docs and Passive Income MD. Like what you heard? Subscribe and Rate Us!

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.   John Dameron, financial planner with Spaugh Dameron Tenny, joins Dr. Tammy to share insights on how residents and new attendings can set themselves up for financial success by determining early on what is important. Setting short, mid and long-term goals is vital to a physician's success. John explains "Money Dysmorphia" and how to avoid it.    He talks about various factors in financial planning, such as asset protection, debt management and investing. You can learn more about John at www.SDTplanning.com.

________ Dr. Disha discusses the SAVE Plan, a student loan forgiveness initiative introduced by the Biden administration, now embroiled in legal battles.  The plan, designed to replace the REPAYE plan, offers significant concessions to borrowers but has faced lawsuits from Republican-led states.  With parts of the plan temporarily blocked and the issue likely heading to the Supreme Court, borrowers are placed in administrative forbearance.  Dr. Spath advises borrowers to stay informed, consider switching repayment strategies if close to forgiveness, and emphasizes the importance of voting in the 2024 election to influence the future of student loan policies. RESOURCES MENTIONED SAVE Plan - Saving on a Valuable Education Plan. Biden-Harris Administration - Initial attempts to provide student loan relief. HEROES Act of 2003 - Used by the administration to justify loan cancellation. Higher Education Act - Cited for introducing the SAVE Plan. Income-Driven Repayment Plans (IDR) - Comparison to the SAVE Plan. Public Service Loan Forgiveness (PSLF) - Impact of administrative forbearance on PSLF. Supreme Court - Legal challenges and potential rulings on the SAVE Plan. 2024 Election - Potential impact on the future of student loan forgiveness. Trump Administration - Previous stance on student loan forgiveness and proposals. Department of Education - Administrative actions and current status of the SAVE Plan. —---

________ Dr. Disha interviews Dr. Cory Fawcett about his remarkable adventure of cycling across America. Dr. Fawcett, who retired early thanks to savvy financial planning and real estate investments, talks about the logistics, challenges, and rewards of the 49-day journey from San Diego to St. Augustine. He emphasizes the importance of living life fully and embracing adventure now rather than waiting for retirement. Dr. Fawcett shares insights on maintaining balance between career, family, and personal passions, offering financial advice and underscoring the significance of a supportive spouse in achieving one's goals. Bio: Dr. Cory S. Fawcett spent 23 years as a private practice general surgeon in Southern Oregon and has been involved in multiple real estate and business endeavors. With a real estate cash flow that exceeded his living expenses, he retired from medicine in 2017 at the age of 54.  Now, Dr. Fawcett teaches doctors and other high-income professionals how to live more fulfilling lives by becoming debt-free and attaining financial independence through his platform, FinancialSuccessMD.com, as well as through keynote speaking and coaching. Dr. Fawcett and his family recently cycled across America from San Diego, California to St. Augustine, Florida over a span of 49 days.  They are avid cyclists, and Dr. Fawcett has an impressive background in competitive cycling, including winning Oregon's best all-around rider award in the Men's Masters division in 2009 and becoming the Men's Masters Oregon Cross Country Series Mountain Bike Champion in 2010. Social Media Handles Web page: FinancialSuccessMD.com LinkedIn: Financial Success MD Facebook: Financial Success MD Twitter: @Fin_SuccessMD YouTube: Financial Success MD Pinterest: FinancialSuccessMD Instagram: financialsuccessmd TOP 5 KEY HIGHLIGHTS: Dr. Fawcett's Introduction and Journey Overview (00:00:00 - 00:01:00) Dr. Disha Spath introduces Dr. Cory Fawcett, discussing his background as a general surgeon and financial independence coach, and highlighting his recent cross-country cycling adventure. Balancing Career and Adventure (00:03:00 - 00:04:00) Dr. Fawcett explains how he balanced his medical career with his passion for adventure, taking 12 weeks of vacation each year to live fully while working and saving half of his income throughout his career. Planning the Cross-Country Cycling Trip (00:09:00 - 00:10:00) Details about how Dr. Fawcett planned the trip with his son, choosing the Southern route to avoid snow and coordinating logistics like hotels and a support vehicle driven by his wife. Overcoming Physical and Mental Challenges (00:18:00 - 00:21:00) Dr. Fawcett shares the physical challenges of cycling long distances, such as chafing and muscle fatigue, and the mental hurdles of continuing to ride through difficult weather conditions. Financial and Life Lessons from the Journey (00:28:00 - 00:33:00) Dr. Fawcett discusses the key financial lessons learned from his adventure, emphasizing the importance of integrating adventure into life, not underestimating the role of a supportive spouse, and maintaining financial discipline by spending less than you earn. —---

________ Dr. Sanghamitra Sadhu, a nephrologist and entrepreneur, shares her journey to developing a lean private practice model aimed at reducing burnout and enhancing job satisfaction. By minimizing overhead costs and maximizing patient care, Dr. Sadhu has found a way to thrive in her medical career while maintaining a healthy work-life balance. She also introduces Link Medical Spaces, a platform designed to connect healthcare professionals with affordable shared office spaces, revolutionizing the way doctors practice. Bio: Dr. Sanghamitra Sadhu is a trailblazing nephrologist and entrepreneur who has redefined the traditional medical practice model. After completing her fellowship at the University of Miami, she developed a lean private practice to reduce burnout and increase job satisfaction. Dr. Sadhu's innovative approach focuses on minimizing overhead costs and maximizing patient care. She is also the founder of Link Medical Spaces, a platform that connects healthcare professionals with affordable shared office spaces. Dr. Sadhu is passionate about empowering physicians to find joy and fulfillment in their careers. Top 5 Key Episode Highlights: Lean Practice Model: Dr. Sadhu explains her lean private practice model, emphasizing low overhead costs and enhanced patient care. Personal Journey: Dr. Sadhu shares her personal experience with burnout and how it motivated her to create a more sustainable practice model. Link Medical Spaces: Introduction to Dr. Sadhu's platform that connects healthcare professionals with shared office spaces, reducing costs and increasing flexibility. Challenges and Triumphs: Discussion of the mental and practical challenges Dr. Sadhu faced in establishing her lean practice and how she overcame them. Practical Advice: Tips for other physicians looking to transition to a lean practice model and the benefits it can offer in terms of autonomy and job satisfaction. —---

________ Dr. Disha interviews Jessica, a full-time adventurer and co-founder of The Fioneers. Jessica shares her journey from struggling with financial instability to embracing Slow FI (Slow Financial Independence) through The Fioneers. They discuss the differences between traditional FI, FIRE (Financial Independence Retire Early), and Slow FI, emphasizing the importance of balancing present enjoyment with future security. Jessica provides insights into how intentional living and financial planning with The Fioneers have allowed her to build a life of freedom and fulfillment. BIO Jessica is a full-time adventurer, part-time writer, speaker, and lifestyle design coach. As the co-founder of the award-winning platform The Fioneers, she is dedicated to helping people achieve financial freedom and design lives they love. Featured in MarketWatch, Business Insider, Forbes, The Motley Fool, and Simple Money Magazine, Jessica is known for her insights into Slow FI (Slow Financial Independence) and intentional living. She enjoys traveling in her camper van, perfecting her sourdough pizza recipe, and playing complex board games. Top 5 Key Episode Highlights  Jessica's Background and Introduction [00:00:00 - 00:01:00] Jessica shares her background, her work with The Fioneers, and her journey from financial instability to financial independence. Transition to Financial Independence [00:02:00 - 00:05:00] Jessica discusses her initial struggles, the impact of the 2009 recession, and her shift from a scarcity mindset to a path of financial independence with The Fioneers. Understanding Slow FI [00:06:00 - 00:10:00] Explanation of Slow FI (Slow Financial Independence) and how it differs from traditional FIRE (Financial Independence Retire Early) and the traditional retirement path. Jessica's Personal and Professional Transformation [00:12:00 - 00:18:00] Insight into Jessica's journey from a high-pressure corporate job to creating a balanced, intentional lifestyle that incorporates financial freedom through The Fioneers. Real-Life Examples and Success Stories [00:22:00 - 00:27:00] Jessica shares success stories of clients who have transformed their lives through the principles of Slow FI, highlighting the practical application and benefits of this approach as promoted by The Fioneers. —---

On the TarHeal Podcast with Dr. Sara Helvey, she interviews Dr. Disha on her non-traditional path to becoming a physician and her remarkable financial transformation. After moving to the United States from India and facing significant financial challenges, Dr. Disha learned the importance of budgeting and investing.  She shares practical tips on creating a budget, the different types of budgeting methods, and the importance of involving partners in financial planning. Dr. Disha emphasizes the power of compounding and how even small savings can grow significantly over time.  Her story is a reminder that financial freedom is achievable with discipline, planning, and mindful spending. EPISODE HIGHLIGHTS [00:00:00] Introduction to the episode and guest, Dr. Sylvie Stacy. [00:01:00] Dr. Stacy's journey and inspiration behind her books. [00:03:00] Overview of preventive medicine and its nonclinical aspects. [00:06:00] Dr. Stacy's experience in correctional medicine. [00:08:00] Highlighting effective nonclinical roles in the pharmaceutical industry. [00:10:00] Discussion on the impact and value of nonclinical roles. [00:12:00] Encouraging physicians to recognize their broad skill sets. [00:14:00] Finding job postings for nonclinical and unconventional careers. [00:16:00] Success stories of physicians transitioning to new roles. [00:19:00] Advice on overcoming the fear of leaving full-time clinical roles. [00:21:00] Rapid-fire round: Evaluating career options based on financial success and work-life balance. [00:24:00] Closing thoughts and where to find Dr. Stacy's books. —---

Dr. Sylvie Stacy shares her insights from her books, "50 Nonclinical Careers for Physicians" and "50 Unconventional Clinical Careers for Physicians," highlighting various career paths that offer financial independence and work-life balance. The conversation covers Dr. Stacy's personal journey, the value of diverse skill sets, and actionable advice for physicians considering a career change. More on Dr. Sylvie Stacy: Dr. Sylvie Stacy is a trailblazing physician who has made a name for herself by exploring and advocating for unconventional career paths in medicine. As a preventive and addiction medicine specialist, Dr. Stacy has carved out a unique niche, helping physicians navigate away from traditional roles and towards fulfilling, financially rewarding alternatives. Dr. Stacy is the author of two influential books, "50 Nonclinical Careers for Physicians" and "50 Unconventional Clinical Careers for Physicians." These comprehensive guides provide invaluable insights and practical advice for medical professionals seeking to diversify their careers and achieve financial independence. Her journey began during medical school when she realized that the conventional path of patient care wasn't a perfect fit for her. This led her to preventive medicine, where she found a better alignment with her skills and interests. Dr. Stacy's career has since spanned various roles, including corporate medical director in correctional medicine, where she balanced clinical care with administrative responsibilities. Dr. Stacy is passionate about helping physicians recognize the broad extent of their skills and the multitude of career opportunities available to them. She believes in the power of proactive career planning and encourages doctors to explore nonclinical roles that align with their values and lifestyle goals. Beyond her books, Dr. Stacy shares her expertise and insights through speaking engagements, workshops, and her active presence on LinkedIn, where she continues to inspire and guide physicians toward diverse and rewarding career paths. HIGHLIGHTS [00:00:00] Introduction to the episode and guest, Dr. Sylvie Stacy. [00:01:00] Dr. Stacy's journey and inspiration behind her books. [00:03:00] Overview of preventive medicine and its nonclinical aspects. [00:06:00] Dr. Stacy's experience in correctional medicine. [00:08:00] Highlighting effective nonclinical roles in the pharmaceutical industry. [00:10:00] Discussion on the impact and value of nonclinical roles. [00:12:00] Encouraging physicians to recognize their broad skill sets. [00:14:00] Finding job postings for nonclinical and unconventional careers. [00:16:00] Success stories of physicians transitioning to new roles. [00:19:00] Advice on overcoming the fear of leaving full-time clinical roles. [00:21:00] Rapid-fire round: Evaluating career options based on financial success and work-life balance. [00:24:00] Closing thoughts and where to find Dr. Stacy's books. —---

Dr. Shaun McKee, a neuroradiologist with 33 years of experience, shares her journey of thriving in a demanding career while pursuing her passions in endurance sports and wellness. She delves into common health concerns for women over 40, offering practical tips on exercise, nutrition, and skincare. Dr. McKee emphasizes the importance of delegation, continuous learning, and creating income streams that align with personal values. Her story is a testament to the power of balancing professional responsibilities with personal passions, providing valuable insights for listeners seeking financial and personal fulfillment. More on Dr. Shaun McKee: Dr. Shaun McKee is a seasoned neuroradiologist with over three decades of experience. She has served as the Chief Resident at the University of Florida and Chief of Neuroradiology at Kessler Air Force Base. Beyond her medical career, Dr. McKee is a two-time Ironman triathlete and an ultra-marathoner. She is married to a gastroenterologist, has two adult sons, and is a proud dog mom. Dr. McKee is the founder of VitalityMD, a platform dedicated to helping health-minded women over 40 regain their energy and vitality. Her multifaceted life embodies the balance of professional excellence and personal wellness. HIGHLIGHTS [00:00:00] Introduction by Dr. Disha Spath: Welcoming Dr. Shaun McKee and setting the tone for the episode. [00:01:00] Dr. McKee's Background: Overview of Dr. McKee's career in neuroradiology and her personal life. [00:02:00] Balancing Career and Sports: Dr. McKee discusses how she juggles her medical career with Ironman training. [00:03:00] Endurance Sports Journey: Dr. McKee shares her journey into endurance sports and its impact on her life. [00:04:00] Health Concerns for Women Over 40: Common issues and practical solutions for maintaining health and vitality. [00:05:00] Exercise Tips: Recommendations for effective and manageable exercise routines. [00:07:00] Sleep and Nutrition: Importance of sleep hygiene and nutrition for overall wellness. [00:08:00] Skincare Tips: Advice on skincare regimens and the importance of clean, non-toxic products. [00:12:00] Transition to Wellness: Dr. McKee's shift from a full-time medical career to a focus on wellness. [00:22:00] Delegation Strategies: Insights into effective delegation and managing multiple responsibilities. [00:30:00] Financial Journey: Discussion on Dr. McKee's financial journey and income diversification. [00:35:00] Final Thoughts: Dr. McKee's parting advice on taking time for self-care and pursuing passion-driven income streams. —---

Dr. Disha interviews Ali and Josh, the dynamic duo behind The FI Couple. They discuss their transformation from living paycheck to paycheck with over $100,000 in debt to becoming successful real estate investors with a $1.4 million portfolio.  They share insights into their real estate strategies, including house hacking and seller financing, and the balance between paying off debt and investing. The couple also talks about their social media platform, The FI Couple, which educates and inspires others to achieve financial independence. Their story is a testament to the power of perseverance, strategic planning, and community support. More on The FI Couple, Ali and Josh: Ali and Josh are the creators of The FI Couple, a platform dedicated to helping everyday people achieve financial independence through real estate investing and smart financial strategies. After starting their married life with over $100,000 in debt and working low-paying jobs, they discovered real estate investing as a path to financial freedom. They have since built a $1.4 million real estate portfolio, left their 9-to-5 jobs, and now educate others on personal finance and real estate through their social media channels and community. Ali and Josh live in Upstate New York and are passionate about helping others improve their financial situations. HIGHLIGHTS  [00:01:00] - Allie and Josh's financial struggles and the turning point. [00:03:00] - Their first conversation about finances during wedding planning. [00:06:00] - Discovering Dave Ramsey and the fire movement. [00:07:00] - Transitioning from Dave Ramsey to real estate investing. [00:08:00] - First house hack and reducing living expenses. [00:11:00] - Aggressively paying off debt and the impact of side hustles. [00:13:00] - Buying the second house hack and living rent-free. [00:17:00] - Challenges and strategies in balancing work, investing, and life. [00:19:00] - Acquiring the third property and their approach to off-market deals. [00:21:00] - Launching The FI Couple and its unexpected success. [00:24:00] - Scaling their real estate portfolio and future goals. [00:27:00] - Leaving their 9-to-5 jobs and transitioning to full-time entrepreneurs. [00:28:00] - Income sources from rentals and The FI Couple platform. [00:30:00] - Providing education and mentorship through their platform. [00:31:00] - Managing properties and outsourcing maintenance tasks. —---

Dr. Disha Spath welcomes back Dr. Tarang Patel to discuss significant updates in healthcare and finance. They delve into Walmart's decision to shut down its healthcare centers, the FTC's move to ban non-compete agreements, and the growing trend of multifamily syndicators targeting physicians. The conversation also touches on the national radiologist shortage, the challenges of corporate healthcare, and the future of telehealth and AI investments. More on Dr. Tarang Patel: Dr. Tarang Patel is a renowned expert in physician finance, blending his extensive medical knowledge with sharp financial acumen. As a practicing radiologist, Dr. Patel understands the unique financial challenges physicians face and offers invaluable insights through his blog and podcast. He is a trusted advisor, helping his peers navigate the complexities of investment and financial management. Dr. Patel is known for his approachable style and commitment to educating physicians on achieving financial independence. His expertise and dedication make him a sought-after voice in the physician finance community. HIGHLIGHTS Highlights with Timestamps: Walmart's Healthcare Shutdown [00:01:00] Discussion on Walmart's decision to close healthcare centers and its implications. National Radiologist Shortage [00:02:00] Dr. Patel discusses the impact of the radiologist shortage on healthcare delivery. Challenges of Running Healthcare Businesses [00:03:00] Exploring the complexities of healthcare operations compared to other industries. FTC's Ban on Non-Compete Agreements [00:15:00] Analysis of the FTC's new rule and its potential impact on physicians. Personal Experiences with Non-Competes [00:17:00] Dr. Spath and Dr. Patel share their personal stories and read comments from other physicians. Multifamily Syndicators Targeting Physicians [00:24:00] Discussion on why physicians are prime targets for syndicators and the importance of due diligence. Investment Trends: Telehealth and AI [00:36:00] Insights into the future of telehealth startups and the current hype around AI investments. Cash or Crash Segment [00:35:00] Dr. Patel evaluates various financial trends and gives his investment advice. —---

Kyle, the CEO of Resolve and an ace at helping doctors dodge dreadful deals, joins Dr. Disha Spath to dissect the daunting world of employment contracts. Ever wondered if your contract is a ticking time bomb? Kyle's here to cut through the jargon and unveil how those sneaky clauses might be nibbling away at your paycheck. From revealing the common “gotchas” in contracts to negotiating ninja moves that can boost your bargaining power, we're digging deep. Kyle even dishes on the juicy details of the recent FTC rumblings about non-competes and what that means for your career mobility. Whether you're in the market for your first gig or looking to leap into a better contract, you won't want to miss these insider insights. Let's tear up the terrible contracts and write our own rules! More on Kyle Claussen: Kyle Claussen is the CEO of Resolve, a company dedicated to helping physicians navigate and negotiate employment contracts. With over a decade of experience, Kyle and his team provide essential services to ensure that physicians understand their contracts, secure fair terms, and protect themselves from potential pitfalls. Kyle is also a family man, married to an ophthalmologist, and a father to three children. Find and follow the Resolve Team: https://twitter.com/ResolveAgents https://www.facebook.com/resolvephysicianagency/ https://www.linkedin.com/company/resolve-physician-agency/ https://www.instagram.com/resolveteam/ HIGHLIGHTS  Understanding Contracts: Many physicians do not read their contracts thoroughly, which can lead to unfavorable terms. Negotiation Is Key: Negotiating contract terms can significantly impact a physician's career trajectory and financial health. Non-Compete Clauses: Recent FTC rulings may change the landscape of non-compete clauses, offering physicians more flexibility. Malpractice Insurance: Understanding the difference between claims-made and occurrence-based policies is crucial for proper coverage. Empowerment Through Knowledge: Physicians should empower themselves with knowledge and negotiate contracts that reflect their true value. —---

In this spirited episode of "Finding Financial Freedom with The Frugal Physician," Dr. Disha reconnects with her former ER supervising resident and multifaceted maverick, Dr. Jedidiah Ballard.  Fresh off his adventures ranging from grueling Ranger school to romantic escapades on ABC's The Bachelorette, Dr. Jed shares the scoop on balancing the highs and lows of his medical career with his unexpected fame. With tales of stolen food in childhood to sprinting for love on national television, Dr. Jed offers an unfiltered look at how he navigates life's wild swings with humor, humility, and a healthy dose of fitness. Tune in to discover how one doctor manages to stitch up his varied passions into a cohesive, fulfilling life. Dr. Jedidiah Ballard is an emergency medicine physician known for his unique blend of medical expertise and media presence. An Army Ranger veteran and a former contestant on ABC's The Bachelorette, Dr. Ballard advocates for a balanced life, emphasizing the importance of fitness and wellness alongside a demanding medical career. He is a regular on morning news segments, sharing health tips with the public, and is currently working on a book about practical fitness. Soundbites  From Montana to the Military [00:01:50-00:03:30] Dr. Jed shares his rugged beginnings in rural Montana, leading to his decision to join the Army Rangers. Medical School to Army Ranger [00:04:00-00:06:00] Insight into how Dr. Jed balanced rigorous medical training with the intense demands of Ranger School. Reality TV Stardom [00:07:15-00:08:45] Dr. Jed discusses his leap from the emergency room to the glitzy world of reality television on ABC's The Bachelorette. Fitness Philosophy [00:10:30-00:12:00] A dive into Dr. Jed's approach to maintaining peak physical fitness amidst a demanding career. Balancing Media and Medicine [00:14:20-00:15:50] How Dr. Jed manages his roles as both a media personality and a dedicated emergency medicine doctor. Financial Wisdom and Frugality [00:17:40-00:19:10] Dr. Jed relates lessons from his various life experiences to financial habits and maintaining economic discipline. Upcoming Book Teaser [00:20:45-00:22:00] A sneak peek into Dr. Jed's forthcoming book, focusing on practical fitness and wellness strategies. Advice for Young Doctors [00:23:30-00:25:00] Dr. Jed offers advice to up-and-coming doctors on how to navigate the complexities of a medical career with personal life and aspirations. —---

The SAVE plan is a newer repayment option for federal student loans that offers unique advantages, such as preventing interest capitalization if the monthly payments are made on time. However, unlike older plans, it does not cap monthly payments based on income, which can be a potential downside for high-income earners. Who benefits most: Joy discussed how this plan might be a better fit for early-career physicians or those with more modest incomes who can benefit from the lower payments and interest benefits without the risk of escalating payments. More on Joy Sorensen Navarre: Joy Sorensen Navarre is a nationally recognized expert in student loan management and the founder of Navigate LLC, a consultancy specializing in student loan advice for physicians and healthcare professionals. With a career spanning over a decade in financial advising, Joy discovered a niche need among her clients for specialized student loan guidance. This realization prompted her to pivot her career towards helping medical professionals navigate the complex terrain of student loans [00:01:00] Joy's introduction and the importance of reliable student loan management advice. [00:03:00] Insight into how Joy started focusing on student loans due to a lack of trustworthy services. [00:07:00] Overview of the new SAVE plan and its impact on physicians. [00:15:00] Discussion on common misconceptions and errors in managing student loans among physicians. [00:25:00] Strategic advice on loan repayment and pursuing forgiveness, including tax considerations. —---

Have you ever taken time to review your contract and negotiate terms that are favorable to both you and the team? Just like a pro athlete negotiates for the most favorable contract, you as a superstar physician can to. Every time you renew your contract, you have a chance to get a better deal, especially your 2nd contract as an attending after you've proven yourself as an invaluable asset to the team. In today's episode, we are joined by Health Law Attorney Spencer Licktieg. You deserve to have the right tools and skills to get an equitable contract that aligns with your lifestyle, and indispensable contributions. Tune in to learn how. To connect with Spencer for a free consult, visit https://shrr.com/our-people/spencer-k-lickteig/ Advisory services offered through Commonwealth Financial Network®, a Registered Investment Adviser. This recording is for the exclusive use by [PODCAST NAME] and used solely as an educational tool for the limited podcast interview by Spencer Lickteig on [DATE OF RELEASE] and any recorded replays of that presentation.  This commentary was not provided with any intent for actual use by individuals or entities and does not reflect the legal opinions or advisement of Spencer Lickteig or Smith, Haughey, Rice, and Roegge.  The information presented in this podcast itself does not, and is not intended to, constitute legal advice.  Instead, all information and content are for the limited informational purposes only.  The receipt or listening of this information does not create an attorney-client relationship, nor does it represent any intention of seeking or providing legal counsel.  No user or listener should act or refrain from acting based on the information provided in this document or presentation without first seeking legal or professional advice from counsel in the relevant jurisdiction.  This presentation does not represent the practice of law pursuant to state licensing authorities.  This interview audio shall not be reproduced by any parties without the express consent of Spencer Lickteig and Smith, Haughey, Rice, and Roegge.

After her family's victory lap of paying off debts and diving into investments, they looked into DAFs for some smart, tax-savvy giving. Dr. Disha breaks down the hows and whys of DAFs, showing us how to make our charitable dollars do some heavy lifting while still snagging those tax breaks. Top 5 Key Show Highlights  Financial Milestones and Philanthropy [00:01:00-00:02:00] Dr. Disha shares her personal journey of paying off $208,000 in student loans and growing her investments, which led her to explore more meaningful ways to give back, highlighting the seamless connection between personal financial health and philanthropic goals. Tax Optimization with DAFs [00:04:00-00:05:00] DAFs allow for strategic tax planning, enabling donors to make large contributions in a single year—potentially offsetting higher income years—while distributing funds to charities over time. This method can optimize tax deductions under current tax laws. Investment Growth within DAFs [00:03:00-00:04:00] Contributions to DAFs can be invested and grow tax-free, increasing the potential impact of the initial donation. This feature allows donors to amplify their charitable giving without additional out-of-pocket expenses. Simplicity and Flexibility [00:07:00-00:08:00]Dr. Disha emphasizes the ease and flexibility of using DAFs, which streamline the donation process by consolidating tax receipts and allowing donors to plan their charitable giving without the hassle of managing multiple transactions and paperwork. Comparing DAF Providers [00:12:00-00:17:00] The episode provides a detailed comparison of different DAF providers, such as Vanguard Charitable, Fidelity Charitable, and newer entrants like DAFI. Dr. Disha discusses various factors like minimum contributions, fee structures, and investment options, helping listeners choose the best provider to suit their charitable and financial strategies. —---

One of the most common questions I get is whether a doctor should buy or rent a house. Sometimes this is after training when considering buying or renting a house at their first job. Even more often it is following medical school when soon-to-be residents and physicians are trying to decide if they should buy or rent. In this episode, we discuss the time you need to stay, the current housing market, and other considerations physicians should have to decide whether they should buy or rent a home. Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com apmsuccess.com/232 “is renting really throwing away money?” apmsuccess.com/233 “financial benefits of home ownership”

Once a radiologist content with the traditional path to retirement, Dr. Param encountered unforeseen challenges that shifted her perspective and led her to the world of real estate. Her candid recounting of the obstacles faced and the subsequent realization that real estate could offer a more robust and resilient path to financial independence is both inspiring and educational. Dr. Param's deep dive into the nuances of real estate syndication, from understanding market dynamics to evaluating deals and sponsors, provides listeners with a comprehensive guide to navigating the often-intimidating realm of real estate investment. You'll enjoy this one! Dr. Param Baladandapani is not your average radiologist. With a career that began in the halls of medicine, she has journeyed far beyond the confines of clinical practice to become a real estate mogul, a dedicated mentor, and a passionate advocate for financial independence. Faced with career challenges and the tumult of a global pandemic, she turned adversity into opportunity, diving deep into the world of real estate. Her astute investments and strategic acumen have culminated in a portfolio boasting over 1,176 stores and assets under management valued at $210 million, securing her financial independence by the age of 41. A full-time mom and an unwavering believer in the power of education, Dr. Param has dedicated herself to guiding others on their path to financial freedom.  Through her platform, Generational Wealth MD, she demystifies real estate investment, sharing the insights and strategies that propelled her to success. Her work extends beyond financial mentoring; she is deeply committed to philanthropy, with a focus on supporting children with disabilities in rural India through her nonprofit, GW Gives. Dr. Param's journey from a medical professional to a real estate investor and philanthropist is a testament to the transformative power of ambition, education, and the will to make a difference. Her story inspires many to rethink their approach to financial independence, blending the art of investment with the heart of giving back. Top 5 Key Highlights [0:02:30] - Dr. Param shares her initial foray into real estate, catalyzed by personal and professional upheavals. [00:15:45] - Deep dive into real estate syndications: The what, why, and how of passive investing. [00:32:00] - The pivotal moment: Choosing to focus on real estate for financial independence and the aha moment that changed everything. [00:45:20] - Risk assessment in real estate investments and strategies to mitigate them. [47:05:00] - Dr. Param discusses the broader impact of financial freedom, including philanthropy and work-life balance. —---

Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com 

Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com 

This episode is sponsored by  PearsonRavitz – helping physicians safeguard their most valuable assets. Ever feel like you're trying to solve a Rubik's Cube in the dark? That's life insurance for doctors, according to Dr. Stephanie Pearson, your friendly neighborhood OB-GYN turned life-insurance-superhero. After a plot twist in her own life story, she swapped her stethoscope for a mission to demystify insurance for medics far and wide. So, What's the Deal with Term vs. Permanent? Tune in to find out! More on Dr. Stephanie Pearson: Once an OB-GYN, Dr. Stephanie Pearson's career took an unexpected pivot following a life-altering injury. This pivotal moment didn't mark the end but rather the beginning of a remarkable mission to bridge the vast chasm between the intricacies of insurance and the needs of those dedicated to healing. Founding PearsonRavitz, Stephanie transformed her challenge into a channel for change, advocating for a world where physicians are as protected in their financial lives as they are devoted in their medical practices. She's not just the founder of a company; she is a crusader for clarity, arming doctors with the armor of knowledge against the unforeseen, ensuring they can withstand storms without faltering in their commitment to care for others. With the acumen of an insurance expert and the empathy of a physician, Dr. Pearson has become a beacon of trust in an industry often clouded by complexity. Her approach is not merely to inform but to empower, making the labyrinth of life insurance policies navigable with her insightful guidance. She tackles the daunting with humor and the complex with simplicity, turning the task of choosing the right insurance from a burden into a safeguard for peace of mind. Work with Stephanie and her team: http://pearsonravitz.com  If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physician's Facebook Group YouTube  ----------- Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.

Whether you want Financial Independence so you can retire early (FIRE) or you are nearing early retirement, the early retirement penalty imposed at age 59.5 must be considered.  Here are some ways to bridge that early retirement gap until age 59.5.  Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com  Reference: https://www.irs.gov/retirement-plans/comparison-of-tax-exempt-457b-plans-and-governmental-457b-plans

The essence of Dr. Brittne Halford's narrative lies in her inspiring transition from a childhood enveloped in the challenges of Flint, Michigan, to her eminent roles across the medical and entrepreneurial landscapes in Boston. In her dialogue with Dr. Disha, Dr. Halford unveils the profound impact her roots have had on her approach towards life, finances, and opportunities.  Her ventures, including the pioneering Wealth Minded MD podcast and an innovative hair accessories brand, embody her commitment to solving complex problems and empowering women financially.  Brittne's journey is a compelling testament to the transformative power of resilience, creativity, and the relentless pursuit of empowerment. More on Dr. Brittne Halford: Brittne's approach to financial wellness is deeply personal and tailored, rejecting one-size-fits-all solutions in favor of strategies that celebrate individuality and joy. She understands the unique challenges and aspirations of women seeking to control their finances confidently. With a background that spans from rigorous academic training to real-life financial navigation, Brittne brings a wealth of knowledge, empathy, and innovative thinking to her coaching. At the heart of Brittne's mission is "The Joyous Journey to Wealth," a program designed to equip women with the tools, knowledge, and support to manage their finances with ease, build generational wealth, and lead lives filled with joy. This program reflects her philosophy that financial health is not just about numbers but about creating a life that resonates with one's deepest values and aspirations. Brittne's coaching extends beyond financial advice, offering a holistic approach that addresses the mental and emotional aspects of money management. She fosters a community where women can find support, accountability, and inspiration, ensuring that each member feels empowered to take bold steps toward their financial and personal goals. For Brittne, financial coaching is more than a profession; it's a calling to inspire change, cultivate joy, and empower women to envision and achieve their most fulfilled lives. With a blend of compassion, expertise, and unwavering support, Dr. Brittne Halford is not just a coach but a beacon of hope for women navigating the journey to financial freedom and joy. Find her podcast Wealth Minded MD that she co-hosts with Dr. Lisha Taylor who was also on the show! Check out the show with Lisha if you haven't had a chance to! Top 5 Key Highlights [00:00:00 - 00:05:00] Empowering Financial Transformation: Introduction to Dr. Brittne Halford's mission of guiding women to gain confidence in their financial decisions, highlighting her approach to intertwining personal joy with financial control. [00:05:01 - 00:10:00] Personal Journey of Overcoming Debt: A deep dive into Dr. Halford's personal story of overcoming $131K in student loan debt, illustrating her journey from financial burden to freedom and the lessons learned along the way. [00:10:01 - 00:15:00] The Joyous Journey to Wealth Program: An overview of the Joyous Journey to Wealth, a 6-month group coaching program crafted by Dr. Halford, aimed at reducing financial stress, building wealth, and ensuring a life filled with joy. [00:15:01 - 00:20:00] Holistic and Tailored Approach: Exploration of Dr. Halford's personalized coaching methodology that considers the unique financial and emotional landscapes of each individual, emphasizing the importance of a holistic approach to financial planning. [00:20:01 - 00:25:00] Commitment to Financial Literacy and Independence: Concluding with Dr. Halford's dedication to equipping women with the tools and knowledge for financial independence, planning for retirement, and engaging in empowered money conversations, all while cherishing personal joy and fulfillment. This episode is sponsored by  PearsonRavitz – helping physicians safeguard their most valuable assets.  Also sponsored by PracticeLink – More than just a job board; they are a lifeline.  If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physicians Facebook Group YouTube  ----------- Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs

Home equity lines of credit (HELOCs) used to be all the rage. Are HELOC's still worth your time as a high-income earner? Tag along as we discuss the pros and cons of HELOCs. Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com

In the grand theater of life, Dr. Fawcett has taken the stage to show us all that sometimes, the best investments aren't found in a hospital. They're out there in the world of real estate, waiting for you to take the leap. So, what do you say? Ready to trade those hospital rounds for some real estate rounds? Dr. Fawcett's story might just be the nudge you need. More on Dr. Cory Fawcett: Dr. Corey Fawcett is a retired general surgeon, real estate investor, author, and financial mentor for medical professionals. His journey from the operating room to real estate mogul showcases his passion for teaching others how to achieve financial independence. Dr. Fawcett's bestselling book, "The Doctor's Guide to Real Estate Investing for Busy Professionals," is a testament to his success and dedication to helping others realize their financial potential. With his investment strategies, Dr. Fawcett enjoys a fulfilling retirement, indulging in travel, music, and family time. Resources mentioned in the show can be found here:  https://financialsuccessmd.com/category/real-estate/ Prior Real Estate podcasts at: https://financialsuccessmd.com/media/ Top 5 Key Highlights Achieving Financial Independence Early: Dr. Fawcett retired from medicine at 54, thanks to strategic real estate investments. Masterful Real Estate Investing: His approach to investing in multifamily units allowed him to generate a significant passive income. Automating Investments: Dr. Fawcett emphasizes the importance of automation in managing a real estate portfolio efficiently. Wealth of Knowledge: As an author, Dr. Fawcett shares his insights and strategies through his books, helping others to replicate his success. Balanced Life Beyond Medicine: Post-retirement, Dr. Fawcett enjoys traveling, pursuing hobbies, and spending quality time with his family, showcasing the lifestyle that financial freedom can offer. This episode is sponsored by  PearsonRavitz – helping physicians safeguard their most valuable assets.  Also sponsored by PracticeLink – More than just a job board; they are a lifeline.  If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physicians Facebook Group YouTube  -----------  

Dr. Disha and Dr. Stephanie Pearson share their personal Match Day experiences and provide insights and advice for medical students navigating the Match Day process. They discuss the emotional rollercoaster associated with Match Day, the SOAP process for those who didn't match, and offer big sister advice on staying grounded, preparing for the match, and focusing on what's controllable. They also emphasize the importance of financial planning, disability insurance, and maintaining a support network during this crucial time. More on Dr. Stephanie Pearson: Dr. Stephanie Pearson, a former OB/GYN physician, is the founder of PearsonRavitz, an insurance company focused on providing comprehensive disability insurance solutions for medical professionals.  After experiencing a career-altering injury while practicing, Dr. Pearson was compelled to transition from clinical medicine to becoming an advocate and advisor for medical professionals navigating the complexities of disability insurance.  With her unique perspective as both a physician and an insurance expert, Dr. Pearson is dedicated to ensuring that her clients are well-protected against unforeseen circumstances that could impact their ability to work and earn an income.  Her mission is to empower doctors with the knowledge and resources needed to secure their financial futures, making her a trusted and compassionate figure in the medical community. Looking for something specific? Here you go: [00:03:00] The stress of Match Day and ranking process [00:04:00] Insights on making decisions and handling surprises [00:05:00] Celebrating Match Day and coping with results [00:06:00] Overview of the SOAP process for unmatched students [00:07:00] Strategies for dealing with non-matching and SOAP [00:08:00] The role of social media and support during Match Week [00:09:00] Advice for students going through the SOAP process [00:10:00] Encouragement and perspective for unmatched students [00:11:00] Handling the emotional impact and looking forward [00:12:00] Preparing for the actual Match Day event [00:13:00] Managing expectations and work-life balance in residency [00:14:00] Financial planning and disability insurance advice [00:15:00] The importance of mentorship and support networks [00:16:00] Living arrangements and student loans discussion [00:17:00] Planning for residency and beyond This episode is sponsored by  PearsonRavitz – helping physicians safeguard their most valuable assets.  Also sponsored by PracticeLink – More than just a job board; they are a lifeline.  If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physicians Facebook Group YouTube  ----------- Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.

With some investing, you will not need the money very soon. This requires liquidity, or the ability to quickly get your investments into cash.  Join in as Justin Harvey CFP and Dr. Jimmy Turner discuss the importance of liquidity when it comes to your investments. Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com

 This episode features Dr. Lisha Taylor, who discusses her role as a primary care sports medicine physician and a wealth and wellness coach. She details her background, her education in public policy and economics, and her initial foray into institutional finance before choosing a career in medicine. Dr. Taylor highlights the importance of personal finance for physicians, her experience with student debt, and her strategies for financial independence. She emphasizes the need for physicians to be financially literate and aware of potential pitfalls in personal finance, advocating for a proactive approach to wealth building. More on Dr. Lisha Taylor: Dr. Lisha Taylor is a primary care sports medicine physician and a wealth and wellness coach dedicated to improving the financial literacy of medical professionals. With a rich background that spans public policy, institutional finance, and medicine, Dr. Taylor brings a unique perspective to personal finance in the healthcare industry. She is the host of the Wealth Minded MD podcast, where she shares her insights and experiences to help physicians achieve financial security and live life on their own terms. Beyond her work in finance, Dr. Taylor continues to practice medicine, applying her holistic approach to patient care and personal growth. Looking for something specific? Here you go: [00:01:00] Dr. Taylor shares her background and passion for both sports medicine and personal finance. [00:02:00] Exploring Dr. Taylor's academic journey and her early interest in entrepreneurship and finance. [00:04:00] Decision to pursue medicine over Wall Street, focusing on making a meaningful impact. [00:07:00] Dr. Taylor discusses the challenges of student debt and its influence on her career path. [00:09:00] The transition from addressing personal debt concerns to broadening her mission to empower other physicians financially. [00:12:00] Expansion of Dr. Taylor's outreach through financial literacy for the medical community. [00:17:00] Insights into the flexibility and willingness to pivot in entrepreneurship. [00:20:00] Negotiating work arrangements for a better work-life balance and maintaining her financial education initiatives. [00:23:00] Dr. Taylor's current financial goals and strategies, including dealing with unique loan situations and maximizing wealth building. This episode is sponsored by  PearsonRavitz – helping physicians safeguard their most valuable assets.  Also sponsored by PracticeLink – More than just a job board; they are a lifeline.  If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physicians Facebook Group YouTube  ----------- Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.

One thing is sure. All of us will die at some point.  The question is what happens to your assets? To your financial legacy?  That is where trusts come in.  In this episode, Justin Harvey CFP and Dr. Jimmy Turner discuss all things trusts: irrevocable versus revocable trusts, living trusts, and more. Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com

Dr. Disha explores the topic of income protection in the healthcare gig economy with Jamie K. Fleischner. With a focus on locum tenens professionals, Jamie, leveraging her extensive experience since 1993, underscores the need for tailored disability insurance solutions.  She highlights the transition from traditional employment to freelance roles in healthcare, emphasizing the importance of securing income through comprehensive insurance policies. Key takeaways include the value of own occupation coverage, strategies for policy customization, and insights into navigating the claims process for diverse medical scenarios. More on Jamie Fleischner: Jamie K. Fleischner, CLU, ChFC, LUTCF, is the President of Set For Life Insurance and a leading authority on income protection and disability insurance. Since entering the insurance industry in 1993, Jamie has dedicated her career to empowering individuals, especially freelance healthcare professionals Looking for something specific? Here you go: [00:01:00] - Jamie Fleischner introduces her background in the insurance industry. [00:02:00] - Discussion about physicians' experiences with disability claims. [00:04:00] - Overview of changing trends in insurance for locum tenens. [00:05:00] - Importance of disability insurance for locum tenens explained. [00:07:00] - Key features to look for in a disability insurance policy. [00:09:00] - Required documentation for income verification in insurance. [00:11:00] - The significance of residual or partial disability riders. [00:13:00] - A success story highlighting the value of income protection. [00:17:00] - Future trends in insurance needs for locum tenens physicians discussed. [00:22:00] - Special considerations for locum tenens working with companies versus per diem. This episode is sponsored by Contract Diagnostics - A nationwide physician contract consulting company, not a law firm that specializes 100% in physician contract review. If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physicians Facebook Group YouTube  ----------- Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.

Warrant Buffet says you don't need international stocks in your investment portfolio.  Is this really true? Does Buffet even believe this himself?  Tag along as Justin Harvey CFP and Dr. Jimmy Turner discuss the pros and cons of international stocks, and whether they should make the cut in your portfolio. Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com References: https://www.blackrock.com/us/financial-professionals/insights/access-international-through-the-core 

Dr. Disha speaks with Brad and Gil, co-founders of Empower Men, delving into their personal journeys, from Gil's beginnings in Portugal and modeling career to Brad's transformation through fitness and financial literacy. They discuss the synergy between maintaining health and managing finances and introduce Empower Men, a community aimed at empowering men to achieve both financial freedom and physical fitness. More on Empower Men: Brad and Gil, founders of Empower Men, come from diverse backgrounds but share a unified mission: to empower men in achieving both physical wellness and financial stability. Brad, hailing from South Africa, transformed his life through fitness and financial literacy, eventually becoming a finance coach. Gil, originally from Portugal and a former international model, turned his focus to health and fitness, motivated by his mother's health struggles. Together, they've created a community to support men in their journey towards a balanced and fulfilling life. Looking for something specific? Here you go: [00:01:00] Brad introduces Gil and his background. [00:04:00] The inception of Empower Men. [00:06:00] Physical and financial aspects of Empower Men. [00:08:00] Addressing male loneliness and building community. [00:11:00] The integration of financial and health coaching in Empower Men. [00:14:00] How Empower Men helps its members afford health optimization. [00:17:00] Gil's reflections on growing up in a poor family and the impact on his financial perspective. [00:20:00] The key financial principles Brad teaches in Empower Men. [00:23:00] The foundational health principles taught by Gil in Empower Men. [00:38:00] Closing remarks and invitation to join Empower Men.   This episode is sponsored by PearsonRavitz– helping physicians safeguard their most valuable assets.  Also sponsored by Contract Diagnostics - A nationwide physician contract consulting company, not a law firm that specializes 100% in physician contract review.   If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physicians Facebook Group YouTube ----------- Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.

Some high-income earners feel that an emergency fund is unnecessary.  Join in as we discuss the reasons this isn't really true, AND where you should consider placing your emergency fund as a high-income earning medical professional. Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com

Dr. Devon Gimbel and Dr. Disha discuss credit card points hacking and kick off the discussion starting with sign-up bonuses, moving on to optimizing spending, and leveraging travel partnerships for maximum value. Dr. Gimbel's approach emphasizes strategic card selection, maximizing every purchase, and using points efficiently for travel, including first-class experiences. This episode is a treasure trove for anyone looking to elevate their travel hacking game and enjoy luxury travel through smart financial strategies.Dr. Devon Gimbel and Dr. Disha discuss credit card points hacking and kick off the discussion starting with sign-up bonuses, moving on to optimizing spending, and leveraging travel partnerships for maximum value. Dr. Gimbel's approach emphasizes strategic card selection, maximizing every purchase, and using points efficiently for travel, including first-class experiences. This episode is a treasure trove for anyone looking to elevate their travel hacking game and enjoy luxury travel through smart financial strategies. More on Dr. Devon Gimbel: Dr. Devon Gimbel, a retired physician turned credit card points aficionado, is renowned for her ability to turn everyday spending into free travel. After years in medicine, Devon redirected her analytical skills towards mastering the complex world of credit card rewards, becoming a sought-after expert. She runs a popular online course and Facebook group where she shares her advanced strategies, helping others unlock the secrets to luxurious travel without the hefty price tag. Looking for something specific? Here you go: 00:00:11 - Introducing Dr. Devon Gimbel 00:00:34 - Greetings and Excitement for Advanced Credit Card Hacking 00:01:16 - Levels of Learning Credit Card Points 00:02:52 - Advanced Techniques for Earning Points 00:05:49 - Redeeming Points: Basic vs. Advanced Techniques 00:07:48 - The Value of Transfer Partners 00:09:25 - Example of Points Redemption Value 00:15:09 - Calculating Redemption Value 00:17:16 - Simplifying Points Redemption for Friends 00:21:43 - Earning Points More Efficiently 00:27:57 - Educating Your Partner on Credit Card Points 00:38:00 - Earning Points on Educational Expenses This episode is sponsored by  PearsonRavitz– helping physicians safeguard their most valuable assets.  Also sponsored by Contract Diagnostics - A nationwide physician contract consulting company, not a law firm that specializes 100% in physician contract review. If you enjoyed the show, find and follow Dr. Disha everywhere else: Twitter Website Facebook The Frugal Physicians Facebook Group YouTube  ----------- Please note: The content shared on the podcast is for informational purposes only and should not be considered individualized financial advice. It is essential to consult with professionals such as accountants, financial advisors, or attorneys to receive personalized guidance based on your specific needs.

Have you ever thought about investing with a conscience? Maybe based for environmental, social, or governmental (ESG) reasons?  In this show, Justin Harvey CFP and Dr. Jimmy Turner discuss the merit and pitfalls of ESG investing.  Every doctor needs own-occupation disability insurance.  To get it from a source you can trust? Visit https://moneymeetsmedicine.com/disability Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com  References: https://hbr.org/2022/08/esg-investing-isnt-designed-to-save-the-planet Alex Edmunds reference: https://www.youtube.com/watch?v=FkAecFr6aRo

When an employment agreement gets placed in front of most doctors, they look at the salary.  Maybe they look at the non-compete. But, that's about where it stops.  On this show, we discuss the other important items in a physician contract that every doctor should be aware of before signing on the dotted line. Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com Looking to get own-occupation disability insurance from a source you can trust? Visit https://moneymeetsmedicine.com

The proponents of the Financial Independence Retire Early (FIRE) movement has many proponents often fail to mention a different kind of burn. The burnout that comes from saving too much and limiting your lifestyle to a bare minimum.  What if I told you there is an alternative to traditional FIRE called “Coast FIRE” that allows you to retire early without eating raman? Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com  Looking to get own-occupation disability insurance from a source you can trust? Visit https://moneymeetsmedicine.com

Join in as Dr. Jimmy Turner and Justin Harvey, a Certified Financial Planner, discuss whether The Four F's and if doctors would would benefit from a financial advisor. Have no idea how to figure out the good advisor from the one who wants to take advantage of you?  On this show, we discuss some rules of thumb you can utilize to find the right financial advisor for you. We also discuss fee models for financial planners and the conflicts that exist within them Want a free copy of The Physician Philosopher's Guide to Personal Finance?   https://moneymeetsmedicine.com Looking to get own-occupation disability insurance from a source you can trust? Visit https://moneymeetsmedicine.com/disability  

Have you ever considered creating non-clinical income outside of medicine?  A lot of doctors have, and a recent report by Medscape shows it. Listen in as Justin Harvey, CFP and I discuss all things physician side gigs. Looking to get own-occupation disability insurance from a source you can trust? Visit https://moneymeetsmedicine.com Checkout the YouTube Channel: https://www.youtube.com/@MoneyMeetsMedicine Medscape Physician Side Gig Report: https://www.medscape.com/slideshow/2023-side-gigs-rpt-6016717

Lowering the costs when investing is one of the key principles to investing success. The lower the cost/fees, the higher the returns over the long haul. Did you know that the more you know about money, the lower your fees will be when you invest?  Did you also know that most people think they know more about money than they actually do, and that this is linked to higher fees when investing? Looking to get own-occupation disability insurance from a source you can trust? Visit https://moneymeetsmedicine.com  Checkout the YouTube Channel: https://www.youtube.com/@MoneyMeetsMedicine FINRA Study: https://www.finrafoundation.org/sites/finrafoundation/files/How-Much-Are-You-Paying-Insight.pdf

Sometimes, it is time to pivot. To make a change.  And that's what Dr. Jimmy Turner and Mike Kittner are doing.  Follow along as they discuss their journey into and out of the venture capital space. What was venture capitalism like? What did we learn? And what are we doing next?  All of that in this show and more.  Want a free copy of The Physician Philosopher's Guide to Personal Finance?  Visit https://moneymeetsmedicine.com   Looking to contact Mike Kittner about own-occupation disability insurance? Shoot him an email at michael@moneymeetsmedicine.com  

Did you know that being frugal isn't the same thing as being cheap? There is a balance to all things, personal finance included. This means finding the balance between YOLO Hedonism and the hedonic treadmill and eat-raman-until-you-retire FIRE.  If you are looking to create financial independence as a physician, tune in as we discuss how to find this balance with Dr. Disha Spath of The Frugal Physician.  

Have you ever considered doing locum tenens work in order to create the freedom and flexibility you need?  Tag along as we discuss all things locums with Dr. Renee and Nii Daarko. Download the 7-10 things you should consider before doing locums tenens work→ https://locumslifestyle.com  

Wealth is more than just money in the bank.  At least, that is what our guest Dr. Bonnie Koo believes, and her thought process is pretty compelling. On this show, we talk about: money mindsets, including money scarcity Alternative streams of income for doctors How our upbringing can impact our view on finances And much more…

Money and marriage can be like oil and water. They just don't mix.  Yet, in a committed relationship, you cannot really avoid talking about money. In this show, we talk about all things money and relationships.  So, if you are married, plan to get married, or are in a committed relationship, in this show we discuss money dates, whether you should share bank accounts, and much more. Dr. Kate Mangona is a double board-certified pediatric radiologist, supportive physician's wife and mother to three little girls and a mini poodle.  She and her husband Victor, a pediatric radiation oncologist and tax code enthusiast, are active and passive real estate investors in thousands of multifamily units and single-family rentals including 3 luxury Airbnbs. Medicine, Money, and Marriage Courses and Coaching  

The #1 financial task for a doctor is getting disability insurance. Why? Because you can know everything there is to know about investing or paying down debt, but if you don't have an income... neither of them matter. Our guest on this show, Mike Kittner went from being a middle school educator (married to a physician) to an insurance agent who helps doctors take care of that #1 financial task. Tune in as we discuss: The most common mistakes doctors make with disability insurance Conflicts of interest within the insurance industry How to make sure your disability policy is the right kind Where to get disability insurance The kind of riders that you want in your disability policy and more If you need help getting disability insurance or student loan help from a company built by doctors, for doctors?  Make sure to check out HelloAttend.com