POPULARITY
Hosted by ryan inman
Hosted by ryan inman
Hosted by ryan inman
3 episodes with ryan inman
2 episodes with ryan inman
3 episodes with ryan inman
2 episodes with ryan inman
5 episodes with ryan inman
2 episodes with ryan inman
In this engaging episode of the Money Meets Medicine podcast, hosts Dr. Jimmy Turner and Ryan Inman reunite to discuss a variety of topics spanning personal finance, the metaverse, cryptocurrency, and overcoming professional burnout. Ryan opens up about his departure from the podcast and his financial planning firm, Physician Wealth Services (PWS), due to burnout and life challenges. They then pivot to exploring the metaverse and cryptocurrency, detailing his ventures into gaming and decentralized finance (DeFi). Jimmy and Ryan discuss the potential of cryptocurrencies like Bitcoin, their impact on inflation, and how they might be included in personal investment portfolios. The episode offers insights into the evolving world of digital finance, personal resilience, and maintaining work-life balance. Looking to protect the one asset that allows you to invest in everything discussed in this episode? Get your own-occupation disability insurance from a source you can trust here: https://moneymeetsmedicine.com/disability
Join us as we sit down with Rick and Ryan from The Whole Damn Enchilada Podcast to talk about some of our favorite and least favorite horror remakes. Please support The Whole Damn Enchilada Podcast by showing them some love on their Facebook and YouTube accounts! https://www.youtube.com/@UCDInC4QHTZ_aaEj7itkvQeg https://www.facebook.com/profile.php?id=100090774544698 10% off online orders at Horror House- https://www.thecrypticcloset.com/ Promo Code: BLOODYESSENTIALS Hosts: Ethan Noyes, Jamie Verwys, and Nina Yarrington You can support our podcast and get some awesome perks at our Patreon! https://www.patreon.com/BloodyEssentialsPodcast Stay up to date on all the creepy things we are up to by following us on our social media platforms! https://linktr.ee/bloodyessentials Ethan's Instagram: @Noyes.Ethan Jamie's Instagram: @girlongore Nina's Instagram: @rawbatbrew666 If you want to let us know how much we are on your mind, feel free to buy us a coffee! We will give you a shoutout on our next episode! https://www.buymeacoffee.com/bloodyessentials Bloody Essentials Logo by: Greg Stark Intro/Outro Music: Sweet Little Nightmare by Darren Curtis
On this episode me and my co host Ryan Inman(finally were able to record together)talk about all things final girls
Ryan Inman was a fee-only financial advisor who works exclusively with physicians and he teaches how to pick a financial advisor. How did he end up in the physician niche? He understands us. His wife is a pediatric pulmonologist and part of why he understands the struggle so well is that they've been together since college. He graduated from the University of San Diego and has two masters, one in business administration and another in Accounting and financial management. We discuss how to find a financial advisor and answer questions like, what is a fiduciary, who should I buy life and disability insurance from, is picking stocks and timing the market possible with enough research, what services should a financial advisor provide and what is the most common financial mistake he sees physicians make. Find this and all episodes on your favorite podcast platform at PhysiciansGuidetoDoctoring.com Please be sure to leave a five star review, a nice comment and SHARE!!!
Dr. Jimmy Turner is a practicing anesthesiologist at Wake Forest. Dr. Turner hosts the physician philosopher podcast and blog where he take an uncurated and unapologetic look into physician life. He also cohosts the podcast Money meets medicine with Ryan Inman where they discuss finance topics that healthcare providers desperately need to know. He is also the author of the book The Physician Philosopher's Guide to Personal Finance. And finally, he is the founder of the alpha coaching experience which helps empower physicians who feel trapped in medicine and helps them practice medicine on their own terms.https://thephysicianphilosopher.com https://thephysicianphilosopher.com/podcasts/the-physician-philosopher/https://thephysicianphilosopher.com/podcasts/money-meets-medicine/https://coaching.thephysicianphilosopher.com/alpha-coaching-experience____________________________________________________________________________________________________As always, feel free to send us questions, comments or suggestions to our email: nicupodcast@gmail.com. You can also contact the show through instagram or twitter, @nicupodcast. Or contact Ben and Daphna directly via their twitter profiles: @drnicu and @doctordaphnamd. enjoy!This podcast is proudly sponsored by Chiesi.
My guest, Ryan Inman is the founder and Owner of Physician Wealth Services LLC, a fee-only financial planning firm created to help physicians and their families, like his, take control of their finances and position themselves for a bright financial future. Ryan talks about the key criteria on how to go about vetting a financial planner like knowing the difference between fee-only and fee-based advisors; knowing about an advisor's fee structure, and the the top mistakes physicians are doing with their money. In healthcare, there are smart pieces of technology that businesses can't live without. Deputy has become one of those essential platforms for more than 250,000 workplaces. It's helping medical practices schedule their staff more efficiently to meet peaks in patient demand. To find out more — and try Deputy for free — go to https://www.doctorpodcastnetwork.com/deputy Get an in-depth, actionable plan for your website, marketing, and SEO. Get ahold of Baker https://www.bakerlabs.co/doctorsunbound
In this episode, Darsh and Altamash discuss the valuable lessons they learned from their recent guests. Sponsor
Ryan Inman, MBA, CFP joins us on the show to discuss the basics of personal finance, our relationship with money, and how taking care of our financial health will translate to a better, and healthier life. Being married to a pediatric pulmonologist Ryan has firsthand experience with the challenges physicians face. He now works exclusively with physicians educating them to successfully achieve their financial goals "without the long hours or sleepless nights." Listen to the podcast and pick up the book at Financial Residency Work with Ryan at Physician Wealth Services Sponsor: Doctor Me First
Episode 58 - My guest on the podcast today is Ryan Inman. Long-time listeners may remember him from episode 25 where we talked about how to have healthy money conversations with your spouse that don’t end in a fight. He’s a fee-only financial planner who works exclusively with physicians. His wife is a physician in the U.S. Navy, and he really understands the unique financial challenges that physicians face. You may know him from his incredibly well-read blog and popular podcast, both called Financial Residency. On this episode, we talk all things mortgages. How much house can you afford, what’s the right time to buy a house, and what in the world is a physician mortgage loan? We’ll talk about all that and more. If you’re ever planning to buy or sell a house, this is a conversation for you. Resources mentioned in the show:Free Resource: 3 Critical Tools to Level Up Your Family's FinancesJoin the Business and Personal Finance for Physicians and Dentists Facebook Group!Check out the Doctor Podcast Network!: Click here and come check out the great podcasts that are a part of the network. One-on-one personal finance and business coaching: Click here and email me to set up a free consultation today! Check out the additional free resources available at The Scope of Practice!Business management resourcesPersonal finance resourcesPodcasting resourcesRecommended online coursesRecommended books
I’ll be sitting in the hot seat today as Ryan Inman, host of the podcast Financial Residency interviews me about a behind-the-scenes look into short-term rentals. Investing in short-term rentals is not just real estate, it’s a business on top of it. It’s a lot of work upfront, but it’s eventually a business you can run from your smartphone. If you’re interested in increasing your cash flow with short-term rentals then this episode is for you. Are you tired of dealing with headaches like finding and retaining quality billing staff, high turnover, and limited resources? MedEvolve can help you leverage data and AI solutions that bring answers to the forefront and take the guesswork out of revenue cycle management. Let them show you how. To have this great company help you work smarter, reduce your cost to collect and get paid on time. Find them at https:/www.doctorpodcastnetwork.com/medevolve Get an in-depth, actionable plan for your website, marketing, and SEO. Get ahold of Baker Labs at https:/www.bakerlabs.co/doctorsunbound
Our guest today is Veena Jetti, a general partner in huge multifamily deals. She had her fingers on over a billion dollars worth of assets throughout her career and has control over millions of dollars of assets currently. In this episode, we talk about what it's like to be a general partner on big multifamily deals and what should you look for in a GP if you are a limited partner. If you're ready to scale up and want to invest in the best multifamily deals, don't miss out on this episode! Learn more about Veena and her journey at reiclarity.com! “Single-family is not a very scalable space, so eventually there comes a point where you have to make the leap to whatever the next level is, and that's inevitably multifamily.” 03:12 Veena is coming from a real estate investor family. Her parents were into single-family investing when she was young, so Veena started in the single-family space as well. However, she soon realized how much more scalable multifamily was. She says that it was easier for her to take bigger risks as she had her family as a safety net. “My motto is that the ball is never in my court ever. If you asked me for a request, I turn it back to you, and then I'm waiting on you. I never want anybody to be waiting on me in the deal.” 9:22 Veena's first multifamily deal was in Dallas. Since then, she's had control of over a billion dollars worth of assets. Her newest deal is a 494-unit A- property called Element 41 in Marietta, Georgia. Veena has a good reputation among brokers because she is very professional and reliable, so she can find good deals easier than others. Veena's advice on what questions to ask when deciding if something is a profitable buy or not: Are there a lot of value-add options to the property? What other income possibilities can you bring in? Can you decrease expenses in an efficient way? 31:19 According to Veena, there are 3 main categories of roles a general partner plays in a deal. Acquisition: Everything that happens before you have the deal under contract. This means broker relationships, negotiating, and meeting all the terms of the PSA. Everything under contract until close: your due diligence, underwriting, and understanding your financials. Capital: Your debt, equity, and financially structuring the deal. Operational: Starts on the day of the take-over. This covers weekly asset management calls, checking the proforma conditions, tracking the strategy, and managing investor relations. According to Veena, the biggest challenge for a limited partner in working with a GP is that sometimes there is not a lot of transparency. To make the relationship more transparent, she recommends: Always talking to the general partner and asking a lot of questions. Asking the GP if they personally invest money in the deal, and if so, how much. Understanding what happens to the limited partners if the deal misses the goals for you. Understanding the business plan and the preferred rate. Understanding the numbers in the underwriting. Mentioned in the show: Ryan Inman and Taylor Inman - Financial Residency https://vivefunds.com/ info@vivefunds.com www.shineinsurance.com/reiclarity Learn how to grow your portfolio and reach incredible success the right way! Visit us here for everything you need to know: www.shineinsurance.com/reiclarity. Special thanks to Veena Jetti for taking the time to share so many great insights with us If you enjoyed this podcast, there's a couple of things we need you to do right now: SUBSCRIBE to REI Clarity on Apple Podcast, Spotify, or wherever you listen to podcasts While your there, please RATE & REVIEW the show SHARE with friends Finally, please, JOIN the REI Clarity Facebook Group Then, please share the show with whoever you think it will inspire. Until the next time, We truly appreciate you listening. Need the REI Insurance Guy? More great stories & information at: Youtube - Blog - Podcast Facebook - Twitter
I have been teasing the big reveal for a while now... That's right, we're talking Doctor Podcast Network. Ryan Inman of Financial Residency podcast and I teamed up to draw back the curtain on what Doctor Podcast Network means for you! We are joining forces with several other doctor podcasts including Physician's Guide to Doctoring, Scope of Practice, Physician NonClinical Careers, and so many others to bring the highest value to our listeners. If you feel you have a podcast in you, we cover how DPN can help you as well. For the latest updates, sign up here: www.financialresidency.com/dpn https://www.doctorsunbound.com/podcast/doctor-podcast-network/
Episode 25 - The number one cause of divorce in America is money fights and money problems. If you can get on the same financial page as your spouse, you'll be much more likely to have a stable, happy marriage. My guest this week is Ryan Inman, host of the Financial Residency podcast. He has coached hundreds of physician couples to succeed with their finances.As you'll hear in this episode, one key to succeeding in marriage is to learn how to communicate about money. Fortunately, it's not that difficult to figure out. Unfortunately, it's not easy, but there are some key steps everyone can take to ensure that they are having healthy conversations about money.Don't allow yourself to fall into the trap of thinking that you don't need to talk about money with your spouse. Money is part of every aspect of your life. When you and your spouse are aligned with regard to money, you'll be aligned with your dreams, your goals, and your aspirations. Enjoy this week's conversation on how to communicate better with your spouse about money so you can avoid money fights! - Please copy and share this link on social media: www.thescopeofpractice.com/podcast - Check out the Doctor Podcast Network!- This week's featured blog post: 10 Steps to Stop Fighting Over Money with Your Spouse- Free Resource: 5 Financial Conversations All Couples Should Have- Join the Business and Personal Finance for Physicians and Dentists Facebook Group!- FREE disability insurance quotes from Pattern: www.thescopeofpractice.com/pattern
Ryan Inman is founder and CEO of Physician Wealth Services and host of the Financial Residency podcast. We sat down with Ryan to discuss what it takes to grow a successful podcast, the future of podcasting, podcast monetization and how his side hustle to guide physicians through a financial education became his next great venture, The Doctor Podcast Network.
In this episode we interview Ryan Inman with ambient productions.
Self-confessed 'money nerd' Ryan Inman started his financial practice Physician Wealth Services specifically to help guide young physicians toward financial independence with truly unbiased, quality financial advice. A graduate of the University of San Diego (USD) Ryan has a BA in Business Administration, an MA in Accounting and Financial Management, and an MA in Business Administration, and along with running Physician Wealth Services, he currently hosts the Financial Residency podcast and co-hosts the Money Meets Medicine podcast. Ryan uses his and his wife’s intimate knowledge of the pains, struggles, and joys that come from a career in medicine to take care of his clients while they take care of their patients. Ryan joins me to discuss why he decided to niche down his financial planning practice to helping physician families understand and take control of their money from the very beginning of their careers. He shares his professional journey and why he moved from working in large corporates where the focus was on selling financial products and attracting high net worth clients to working with people who really need clear-cut financial guidance. Ryan also shares his opinions on what has been happening to the markets in 2020 and advises on the questions to ask yourself about your investments. “You need to think about your money without emotion” - Ryan Inman This week on Paychecks and Balances: The stereotype of physicians having high net worth without considering the debt they accumulate through their years of training The importance for everyone of having an emergency fund Why you should take advantage of the student federal debt forbearance to do something smart with the saving Why being forced to cut our expenses through the Covid-19 quarantine period should make us reevaluate our spending Ryan’s perspective on investing during periods of volatility Why time in the market is more important than timing the market when you’re investing Why the market was moving so atypically during March 2020 Should you be changing your investment strategies right now? Questions to ask yourself when managing your investments Ways to manage multiple 401k accounts from previous jobs What is the backdoor Roth IRA strategy Managing your retirement investments and plans Is it best to pay down debt or invest? Essential questions you should ask when you’re looking for an investment app Why it’s essential to research the fundamentals of investments before you throw money at it Why you should check in quarterly on your investments alone or with a financial advisor Resources Mentioned: Financial Residency podcast Money Meets Medicine podcast Betterment Wealthfront Acorns Connect with Ryan Inman: Physician Wealth Services Website Physician Wealth Services on Facebook Physician Wealth Services on Twitter Connect with Paychecks and Balances: Paychecks and Balances Website Patreon Paychecks and Balances Paychecks and Balances on Instagram Paychecks and Balances on Facebook Paychecks and Balances on Twitter
Ryan Inman is the founder of Physician Wealth Services, an independent RIA that serves over 140 physician clients. Completely narrowed in on his unique niche, Ryan changed the name of his firm, created a Financial Residency podcast, and restructured his entire financial planning process to in-patient and outpatient services. Today he joins the show to share the mindset shift he had to go through in order to be comfortable with narrowing the focus of his practice and offers advice for those who’d like to do the same. Listen in as we discuss why having a targeted niche can make it easier when marketing, as well as what Ryan is doing to serve his niche effectively. You’ll learn how he chose to serve physicians in particular, the unique fee structure he uses, and what he is doing to bring in so many new clients every month. For show notes and more visit: https://www.kitces.com/180
This week is all about MONEY. I interview financial expert Ryan Inman of the Financial Residency Podcast and wouldn't you know--he has a magical way of making finances not boring/scary/dreadful! He breaks down 10 simple steps to organize your financial life, from creating a process for your bills to taking honest inventory about what you really want out of life and how your money can HELP you get there. And guess what? Ryan only works with physician families (he's married to a doctor himself), so he understands very clearly the unique financial circumstances that some many physicians deal with. Give it a listen, and invite the hubs to listen,too. List of important documents mentioned by Ryan found here.
This week is all about MONEY. I interview financial expert Ryan Inman of the Financial Residency Podcast and wouldn’t you know--he has a magical way of making finances not boring/scary/dreadful! He breaks down 10 simple steps to organize your financial life, from creating a process for your bills to taking honest inventory about what you really want out of life and how your money can HELP you get there. And guess what? Ryan only works with physician families (he’s married to a doctor himself), so he understands very clearly the unique financial circumstances that some many physicians deal with. Give it a listen, and invite the hubs to listen,too. List of important documents mentioned by Ryan found here.
Please send a message and let us know If there are any specific topics you'd like to hear about In a future episode!To get more from Ryan Inman, check out his Podcast Financial Residencyor visit his website financialresidency.comRyan's Book Recommendations:-How a Second Grader Beats Wall Street by Allan S. Roth-The Millionaire Next Door by Thomas J. Stanley-The Next Millionaire Next Door by Sarah Stanley Fallaw & Thomas J. Stanley -Financial Residency by Ryan Inman & Taylor Inman The White Coat Academy podcast is now Confessions of a Young Doctor. For the most up-to-date information, visit our website www.doctorconfessions.com
If you want to retire early, which specialty would be best to go into? Let's get one thing straight from the beginning, medicine is not a great option for FIRE in the first place. With the long years in training, you won't even start making significant money until your mid thirties with $300-400K in student loan debt. Traditional FIRE at 30 or 35 like all these FIRE blogs talk about is not possible in that situation. So if your goal is to retire early, medicine is probably not the right place for you. Not to mention if you are a medical student with this question, there is probably an issue with the career you chose. Maybe you should be thinking about getting out of medicine into a career you’ll be happier in long term. But I do answer this question in this episode even so. Shorter residencies do get you to attending income sooner but those also tend to be on the lower end of salaries for physicians. It may not make sense to choose a specialty with a shorter residency if you will be paid significantly less each year afterwards. In this show I share which specialty I think is best for retiring early and why. I also answer listener questions about buying a home while in the military, timing the market, being over leveraged in your real estate investments, disability insurance for military doctors, tax loss harvesting, and more. I also bring on a guest for a few minutes, Ryan Inman from Financial Residency Podcast and Physician Wealth Services to answer a couple of listener questions about rebalancing and investing on the fixed income side. Lots of your questions answered in this episode! This podcast is sponsored by Bob Bhayani at drdisabilityquotes.com. He is an independent provider of disability insurance planning solutions to the medical community in every state and a long-time white coat investor sponsor. He specializes in working with residents and fellows early in their careers to set up sound financial and insurance strategies. He is very responsive to me and to readers having any sort of an issue, so it is no surprise that I get great feedback about him from our readers and listeners. If you need to review your disability insurance coverage to make sure it meets your needs or if you just haven’t gotten around to getting this critical insurance in place, contact Bob at drdisabilityquotes.com today by email info@drdisabilityquotes.com or by calling (973) 771-9100. Just get it done!
Hello everyone, we are back today with a very special guest. It is the Physician on Fire himself! He was last on the show in 2018 and is here to give us an update on how his life is going as a retired physician and how the pandemic has affected him and his family as well. Don't miss out as he gives some amazing tips for how your family can follow in his footsteps too! If you'd like to support the podcast, I'd so appreciate it if you head over to HippocraticHustle.com/Patreon. You can find information there about how you can support the show. My guest today, Physician on Fire, is a former anesthesiologist, family man and supposed outdoor enthusiast who spends way too much time indoors, especially now that he is quarantined in Northern Michigan. He attained financial independence at age 39, meaning that he could afford to retire comfortably after a 9-year career. He continued to work for various reasons, but eventually, he chose to retire early at the age of 43. Prior to the COVID-19 epidemic, he was touring Mexico and Spain with his wife and two boys. Currently, he is holed up with them in an undisclosed location in Northern Michigan. In this episode, you will learn: What POF has been up to since retirement. How much money do you really need to retire? How the quarantine is a miniature version of what your retirement could be. What changes you need to be aware of regarding savings and retirement due to the pandemic and economic changes. How to select the best investment choices for FIRE. Why it's so important to pay off student loans as soon as possible. What's next for POF and his family? What tips they have for home-schooling/world-schooling their kids. Links we discussed in the show: Head over to POF's website at: PhysicianOnFire.com. Check out the last time Physician on Fire was on the podcast: Ep. 39: Breaking Down Finances and F.I.R.E. with Physician on Fire. Learn a new language at: Duolingo.com. Submit feedback and ask questions at our Hippocratic Hustlers FB Group. Check out POF's very active FB Group: Physicians on Fire. Learn more about student loan repayment by reading: Medical Student Loans by Ben White. Read all about finance for physicians by reading: Financial Residency by Ryan Inman. Get great home-schooling resources at: KhanAcademy.org. Thank you for listening to the Hippocratic Hustle! I know that time is your most valuable resource so I really appreciate you spending some of it with me. If you enjoyed today's show, please share it! If you'd like to help me improve and grow the podcast, send your suggestions to: Carrie@HippocraticHustle.com Support the show here: hippocratichustle.com/Patreon Lastly, don't forget to subscribe to the podcast, so you won't miss an episode!
Ryan is a fee-only financial planner and also a registered life planner. He’ll tell you the numbers aren't the most important thing. Your financial plan is a road map of the things that are most important to you. The things you value and want to accomplish in life. Ryan Inman’s new book is the perfect resource for physicians who want to put their finances in order and set financial independence as their target. Create Your Financial Plan Without The Long Hours Or Sleepless Nights covers everything from why you should have a financial plan to the nuts and bolts of creating one. read more: https://www.doctorsunbound.com/podcast/the-impact-of-a-solid-financial-plan-its-in-the-bank
When Ryan Inman spoke to his wife about starting a podcast, she remarked something like "but who would listen to you?"She was teasing--but haven't we all felt that ourselves?? I don't have what it takes to be a podcaster--who'd listen to me?Show notes here: https://doyouevenblog.com/exponential-growth-and-podcasting-as-an-introvert-ryan-inman/Ciao ;)**** THIS EPISODE IS SPONSORED BY ONLINE IMPACT ****Online Impact ( https://onlineimpact.co/) is our private membership community of podcasters and bloggers--and we're re-opening the doors on April 13, 2020!If you're ready to accelerate your growth, your income, and your impact--we're ready to help you get there ASAP. Learn more at https://onlineimpact.co/.
Docs Outside The Box - Ordinary Doctors Doing Extraordinary Things
What’s good! Today you’re going to hear from Ryan Inman who is a fee-only financial advisor and host of the Financial Residency podcast. As you know, I’m a big fan of fee-only advisors and in this episode, we talk about the real relationship you should have with your financial advisor. Not only will you learn how to work with one but also how not to follow an advisor blindly. Resources: Allen Roth – How a Second Grader Beats Wall Street Thomas Stanley - The Millionaire Next Door Corey Fawcett – The Doctor’s Guide to Eliminating Debt J L Collins - The Simple Path to Wealth The Bogleheads’ Guide to Investing Financial Residency Book Physician Wealth Services
Helping the medical community become more confident with finances. Ryan Inman is the President and Financial Planner of Physician Wealth Services and Host & Creator of Financial Residency. Financial Residency is made up of hundreds of attendings, residents, and their spouses (800+ to be more exact!) who just about had it with their financial challenges. They exist to arm you with financial knowledge so that you can protect and grow your assets. Being a part of the Financial Residency community brings you up to speed on your financial literacy to confidently take control of your household finances.
Ryan Inman is listed as one of the top 100 financial advisors in the United States, and he works exclusively with physicians to offer unbiased and quality financial advice. The founder of Physician Wealth Services, a family-owned, fee-only financial planning firm, Ryan joins the show today to share the questions you should be asking your financial advisor. You can find show notes and more information by clicking here: https://katrinaubellmd.com/158
TITLE: Ryan Inman- Physician Wealth Services In today's episode, we speak to Ryan Inman, the founder of Physician Wealth Services and host of The Financial Residency Podcast. Ryan is married to a physician and truly understand the financial needs of physicians and their families. He stops by the podcast to talk about his podcast, his financial planning business and his brand new book that he and his wife wrote together. Don't miss out on all of the great tips he shares with us! In this episode, you will learn: How he got started with podcasting and some tips for starting a podcast. Some of the biggest mistakes he sees physicians making with their finances. Why it's so important to pay off your student loans as soon as possible. Why he and his wife decided to write their new book, “Financial Residency.” Ryan Inman is the founder of Physician Wealth Services and host of The Financial Residency Podcast. He graduated from the University of San Diego with a BA in Business Administration and holds a Masters in Accounting in Financial Management as well as his MBA. His wife is a physician, and when she was in residency, he witnessed how vulnerable she was to poor financial advice. Shocked at how many advisors tried to take advantage of her and her peers, he decided to start his financial planning practice. His firm works exclusively with physicians all around the country who could truly benefit from unbiased, quality, financial advice. He helps physicians create a life they love using the resources they have. Links we discussed in the show: Check out his website at: Physician Wealth Services. Check out the amazing podcast at: The Financial Residency Podcast. Learn more about Fincon at: Fincon 2020. Find Dr. Nii Darko's guidebook to podcasting: "3,2,1 Podcast" Listen in to Ryan's favorite episode so far: Overcoming Fear and Financial Phobias. Find Ryan and his wife's brand new book: "Financial Residency" Thank you for listening to the Hippocratic Hustle! I know that time is your most valuable resource so I really appreciate you spending some of it with me. If you enjoyed today's show, please share it! If you'd like to help me improve and grow the podcast, send your suggestions to: Carrie@HippocraticHustle.com Lastly, don't forget to subscribe to the podcast, so you won't miss an episode!
Is there advice you wish you'd had when you started investing? Wish you could go back in time and tell yourself to do something differently? With the end of the year almost upon us, we thought this would be the perfect time to reflect on lessons learned... and hopefully help out some new investors so they won't make the same mistakes we did. Experienced investor or not, we'll share some great advice during today's roundtable discussion among seasoned investors. Calling in today for our roundtable is our good basement friend, Ryan Inman of the Financial Residency podcast, plus Paula Pant from the Afford Anything podcast, and OG from our very own show! Plus, at the halfway mark, we'll take a break to learn about Titan, an online app and website that helps people invest like a hedge fund. We'll learn all about it from co-founder Clayton Gardner. Looking for some good investment help? We'll explore what Clayton and Titan are doing to help investors get a bigger bang for their dollar. During our Magnify Money call we'll answer a voicemail from Tyler, who will be graduating from college debt-free. How should Tyler capitalize on his opportunity? Tyler knows about investing through work and having a proper emergency fund, but what else should he do? Is he missing out on something? As always, we'll quiz our contributors with a post-FinTech gameshow question by Doug.
Ryan Inman, the host of the Financial Residency podcast and founder of Physician Wealth Services, shares the biggest mistakes he’s seen physicians make when it comes to student loan debt. I talk with Ryan about the state of PSLF and why hiring a financial planner isn’t right for everyone. In today’s episode, you'll find out: The trick to making PSLF work for physicians The real reason behind PSLF rejections Why worrying about whether PSLF will still be around isn’t the biggest problem Why not everyone should work with a financial planner How a physician made a mistake that cost half a million dollars What the future of PSLF might look like The 10-step plan that Ryan uses in his financial planning business How hiring a financial planner is like working with a personal trainer Full show notes at: http://studentloanplanner.com/51
In this episode of Wine and Dime I chat with self proclaimed nerd, Ryan Inman. Ryan is a very driven individual who keeps himself very busy with many different endeavors! He owns a fee only financial planning practice specializing in Doctors called Loan Buddy (https://www.loanbuddy.us/) . Ryan is truly passionate about helping people with their Student Loan Debt, and I guess that’s why we get along so well. We talk about all those things and much more, so be sure to tune in a check it out! Ryan InmanI graduated from the University of San Diego (USD) with a BA in Business Administration, an MA in Accounting and Financial Management, and an MA in Business Administration. During grad school, I worked at Merrill Lynch under a fantastic advisor, but soon realized that the average advisor in the industry was more concerned with selling financial products and obtaining new clients with investable assets than working with those who could really use the financial guidance to succeed in life. That really turned me off from the industry, so I switched gears and worked for KPMG in public accounting. During my second year, I was fortunate to run into an old friend who was a CFP® and a fee-only financial planner. He introduced me to the concept of fee-only financial planning, where planners put their clients first, don’t sell products, and are true fiduciaries. It sounded too good to be true. I decided to join his firm where I had an amazing hands-on experience learning what true financial planning was all about – working with clients and helping them achieve their financial goals! While I enjoyed my time there, I ultimately learned I didn’t want to work with the ultra-wealthy as much as young physicians who were starting their careers and could really benefit from truly unbiased, quality financial advice. I have an intimate knowledge of the pains, struggles, and joys that come from a career in medicine. I know what it’s like to be buried in debt while your physician spouse makes next to nothing and spends every fourth night in the hospital. I understand what you’re going through; my wife and I have been there. I started my fee-only practice to help physicians sleep well at night knowing they have a trusted advisor who is guiding them toward financial independence. This is my family practice. My goal is to take care of you while you take care of your patients. I’ll be accessible when you are – in the evenings after you get your kids to bed, during your commute home, or in between patients. Short of the overnight shift, consider me on-call. Physician Wealth Services (https://physicianwealthservices.com/) (PWS) is a fee-only financial planning practice helping physician families take control of their finances to position themselves for a bright financial future. Sleeping well at night knowing they have a trusted advisor who is guiding them toward financial independence is exactly why we’re here. Our goal is to take care of you while you take care of your patients. We will be accessible when you are – in the evenings after you get your kids to bed, during your commute home, or in between patients. Short of the overnight shift, consider us on-call. Providing trustworthy, unbiased financial advice to dedicated, hard-working people like you and our own families demonstrates our passion to walk with you on your financial journey. Schedule a time (https://calendly.com/physicianwealthservices/introductory) to discuss how we can help get you onto the right path. About Financial Residency (https://financialresidency.com/) Financial Residency is made up of hundreds of attendings, residents, and their spouses (800+ to be more exact!) who just about had it with their financial challenges. They know how it feels to struggle with student loan debt, be in survival mode during residency, long to save money for retirement, in some instances, moonlight, and, depending on their medical journey,...
Believe it or not, there’s a lot of overlap between financial planning for teachers and physicians. Sure, our career paths may be different, but we both face the challenge of sifting through financial products and packages directed at our professions. And as today’s guest Ryan Inman of Physician Wealth Services and host of the Financial Residency podcast points out, we’re all human!
My first listener-requested show! Always glad to help you out there in the listening world. When I told Ryan how hard it was to find a financial planner with a podcast, his reply was "There are four of us." And what an incredible help he was...I wonder if the other 3 even know about the Sherpa Chalet? It's great to listen to a finance guy who can put things in easy-to-understand terminology, and not get lost in a sea of acronyms (which is worse than being in an ocean of lotion.) Ryan helped to provide the basics of what we need to do to not let our finances get out of control. Keep in mind that in many instances, certain plans may work more accordingly for some than others. But, like he says, make sure you do your homework before investing large amounts of money into anything. Ryan's Info: Website: www.financialresidency.com; Podcast: Financial Residency. Financial Fellowship to come! Ryan's faves: Money for the Rest of Us; Retirement Answer Man;Money Nerds Podcast; Stacking Benjamins; Paychecks and Balances; Marriage, Kids, and Money, How A 2nd Grader Beat Wall Street by Alan Roth (book). Sherpa Suggestions: Financial Residency; Rich Dad Radio Show; Millenial Money Minutes; The Modest Millions Show; Be Wealthy and Smart; The Clark Howard Podcast --- Send in a voice message: https://anchor.fm/jim-the-podcast-sherpa/message
Episode #145 is a reverse episode where Ryan Inman of the Financial Residency Podcast interviews Taylor Brana about becoming Time Rich. Please enjoy the episode today! If you want to reach out please follow @happydocpodcast or send an e-mail to thehappydoc1@gmail.com!
Are you financially prepared to quit your job to start something new? There are so many aspects you need to consider, and financial expert, Ryan Inman, is proof that sometimes taking that leap with only your savings account is enough to land on your feet. Ryan started his business, Physician Wealth Services, after leaving a hostile work environment. He got to the point where he just couldn’t take it anymore, so left his job without any notice. While Ryan landed feet first, he also had a solid savings account built up after years of working. Perhaps the most important interpersonal lesson from Ryan is that you should always endeavor to help people without the expectation of anything in return. This is how you build relationships and your network, even if you didn’t have an existing one when you started your new venture. Ryan talks us through how to prepare your finances for quitting your job. It starts with knowing how much you spend each month, building a savings pot (or nest egg), and speaking with people in your new industry about what kind of money you can expect to bring in. When it comes to saving money, it’s easy to listen to experts weighing in on your weekly Starbucks. But why should you cut something out of your life that brings you joy? Save money on something that you don’t like and that isn’t necessary. Finally, Ryan gives us the low-down on student loan debt. There are things you need to know about your student loan repayments, even if you aren’t thinking of quitting your job. But if you are, there’s also a host of things you should avoid if you’re encumbered with debt. Do you know how much money you’re bringing in each month, and how much you’re spending? What expenses can you cut out of your life to save money? How will you handle your debt when you quit your job? Let us know in the comments on the episode page! In This Episode: What happens when you take a leap and leave a job without notice Why you need to leave hostile work environments when there is a better life out there How to build your network from the ground up Why you should help people without any expectation of something in return How to prepare your finances for quitting your job Why you should speak to people in the career you want to switch to How to choose what to save money on; it’s not necessarily about the Starbucks What some things to avoid are if you want to quit while you have significant amounts of debt What you need to know about student loan repayments Quotes: “If I don’t do this now, I’m never gonna do it. So let’s jump in!” (6:56) “When it comes to saving money, I want you to think about cutting something that doesn’t make you as happy as other things.” (18:15) “If you have student debt, it might stink, it’s not the sexiest thing in the world, but please understand what kind of debt you have. Is it federal, private, what repayment options are available to you because before you quit, you want to understand this? It might have drastic implications on what you do going forward with your loans.” (24:21) Links Find Ryan Inman and Physician Wealth Services Online Follow Ryan Inman on Twitter | LinkedIn Learn more about LoanBuddy.US Get 10% off your order of Remarkable Wellness adaptogenic mushrooms with code QUIT10! Check out the full episode post here Keep up with everything Quit Happens here Follow Lynn Marie on Twitter | Facebook | LinkedIn | Instagram Podcast production support by the fine folks at Counterweight Creative
About Our Guest Ryan Inman is a fee-only advisor specializing in helping physicians and residents navigate student loans, residency, and becoming high income earners without the lifestyle inflation. Ryan graduated from the University of San Diego (USD) with a BA... READ MORE The post Navigating Finances as a Physician (Tips for other high income earners!) | Ryan Inman appeared first on .
Episode 115: Tune in for the 10 Keys to Building a Financial Plan that will set you up for success now and during retirement. In this episode of 2 Frugal Dudes, we’re talking to Ryan Inman about the 10 key components of building a financial plan. Ryan is a fee-only [...]
Master Passive Income Real Estate Investing in Rental Property
There are many ways to get the money to buy rental properties. Have you ever thought of flipping a property to make the money to buy your next property? Our guest, Ryan Inman has done just that. Bought a home, sold it, and bought three others with it. Listen as Ryan shares how he build his rental business with a flip property. Show Notes: https://masterpassiveincome.com/74 Free Investor Workshop: http://www.freeinvestorworkshop.com
Have you ever wondered what your life would look like on a physician's salary? After all, what kind of money trouble could a doctor run into? According to this week's guest, the answer might surprise you. Ryan Inman is the host of the popular Financial Residency Podcast, a show dedicated to helping high-income earners stay on top of their finances. He joins us to discuss why it's always important to have a budget, regardless of your income. You can find the show notes for this episode at https://maplemoney.com/ryaninman Did you know that one of the best ways to improve your credit score is by checking it on a regular basis? Our sponsor, Borrowell, makes it easy by providing a free credit report, along with regular updates every month. To get your free credit score and report, head to maplemoney.com/borrowell
Ryan Inman is a fee-only financial advisor who works exclusively with physicians and he teaches how to pick a financial advisor. How did he end up in the physician niche? He understands us. His wife is a pediatric pulmonologist and part of why he understands the struggle so well is that they’ve been together since college. He graduated from the University of San Diego and has two masters, one in business administration and another in Accounting and financial management. He manages Physician Wealth Services, which does financial planning for physicians, and he has his own podcast where he answers physician specific financial questions, called the Financial Residency and manages with Physician Finance Facebook group. We discuss how to find a financial advisor and answer questions like, what is a fiduciary, who should I buy life and disability insurance from, is picking stocks and timing the market possible with enough research, what services should a financial advisor provide and what is the most common financial mistake he sees physicians make. Find this and all episodes on your favorite podcast platform at PhysiciansGuidetoDoctoring.com Please be sure to leave a five star review, a nice comment and SHARE!!!
The next three episodes comprise an intro to the Physician's Guide to Personal Finance. We start with the Physician Philosopher, an anesthesiologist blogger who wants his audience to understand their "why" to understand their "how" of personal finance. Next week we interview Bonnie Koo, MD, the voice of female physician finance, and the following week we interview Ryan Inman, a fee-only financial advisor who understands the specifics of physicians' financial needs as he exclusively works with us and he's married to one of us. To understand The Physician Philosopher's book, you first need to understand the Pareto Principle, or the 80/20 rule, which states that 80% of the effects come from 20% of the causes. James Turner, MD, aka Physician Philosopher, believes this about personal finance. To get 80% of the benefit, you only need to understand 20% of the concepts. To quote the phys ed coach from Teen Wolf, “the rest is cream cheese.” We discussed the 20% he wants physicians to understand to take control of their personal finances. He completed his undergraduate studies at Erskine College, went to medical school at Wake Forest, was an anesthesia resident at North Carolina Baptist Hospital before returning to Wake Forest as a regional anesthesia and acute pain management fellow and there he has stayed as an attending. He is currently creating a personal finance curriculum for the PA, CRNA and medical students of Wake Forest. His blog is thephysicianphilosopher.com, now part of the White Coat Investor Network, and his new book, The Physician Philosopher’s Guide to Personal Finance, is available everywhere fine books are sold. We start out discussing some philosophical questions, the Kinder questions, that have helped him to focus on his priorities and why this is critical in personal finance. We get into the financial independence movement and how to calculate how much money you need to be financially independent; why it is totally fine that he bought a tricked-out new car despite this being anathema to his spending philosophy, an introduction to public student loan forgiveness and who should be looking into this, and why the 80:20 rule may help you avoid the need to hire a financial advisor. Find this and all episodes on your favorite podcast platform at PhysiciansGuidetoDoctoring.com Please be sure to leave a five star review, a nice comment and SHARE!!!
Ryan Inman is a fee-only financial adviser "helping physician families take control of their finances to position themselves for a bright financial future." As the husband of a physician, he has learned first hand just how unprepared, and in debt, many doctors are. He focuses on educating and empowering physicians as they navigate the challenging waters of early career and beyond. Ryan can be found at https://physicianwealthservices.com/ or in his podcast and online community, The Financial Residency.
This week in The Money Millhouse, Bethany and Ellie are joined by Ryan Inman, the host of The Financial Residency podcast. Before he comes into the Millhouse, Bethany and Ellie discuss the cost of higher education. They discuss the ideas of getting another degree and what career they would have had in another life. When considering returning to school, there are other things to take into account like time, your family, who will take care of your children, emotional energy, relationships, hobbies, buying a home, etc. There are also benefits of going back to school can be that you can earn more income, you could change career fields, following your passion, the desire to help people, etc. Ryan comes to Ellie's kitchen table to discuss the student loans associated with major degrees like becoming a doctor. Ryan works with physicians across the country who have an average of $283k in debt. This often means delaying having kids, delaying having homes, etc. He also says that debt can get out of the hole if they don't let other bad financial habits get in the way. He also discusses ways to get over the student loan crisis and crunches the numbers when it comes to paying those loans back over time. Bethany and Ellie end the show discussing the financial difference between becoming a doctor or a lawyer, and which degree has a better return on the investment. They also discuss the specific top 10 law schools when it comes to the best ROI. Resources: The Financial Residency Podcast financialresidency.com/studentloan/
This is a special episode of the Doctor Money Matters podcast. I am doing a cohosted joint podcast with Ryan Inman of the Financial Residency podcast. In this episode we interview each other. Ryan is a CFP who runs his own financial planning firm catering to physicians. His wife is a physician as well so he really understands the issues that physician families face. In this episode we talk about: The FIRE Movement for physicians Common issues facing early and mid career physicians Why the increased corporate takeover of medicine has led to loss of job satisfaction Some pitfalls to look out for when dealing with social media financial advice You can find Ryan’s podcast at www.financialresidency.com. We do talk about similar topics and I encourage you to make this podcast a part of your regular rotation. More episodes of this podcast are available at www.doctormoneymatters.com and Apple Podcasts, Google Play, Stitcher, etc. All episodes are also now on YouTube (Audio only) and Facebook. You can follow me on: twitter @drmoneymatters Instagram @doctormoneymatters Facebook @doctormoneymatters Please consider joining the Doctor Money Matters Facebook group. Please share this podcast with your colleagues and join our email list. Thanks for listening and please leave us positive reviews and continue to share this podcast with your colleagues.
Should the financial independence community be more accepting of financial advisors? A panel of financial advisors defends themselves against FIRE bloggers!
Ryan Inman founded Physician Wealth Services, a fee-only financial planning firm devoted to the financial well-being of physicians (physicianwealthservices.com). He was inspired to do so after witnessing how vulnerable his wife was to poor financial advice during residency. He was shocked at how many advisors tried to take advantage of her and her peers. To meet the needs of a much larger audience than those in his backyard, Ryan then created Financial Residency (financialresidency.com), a podcast and associated Facebook group that serves hundreds of attendings, residents, and their spouses who have had it with their financial challenges. His podcast teaches financial concepts so you can protect and grow your assets, and shield yourself from insurance agents, stock brokers, fee-based financial planners, and lenders that attempt to sell you financial products and services you don’t need. He has an undergraduate degree in accounting, and 2 masters degrees, including an MBA. I met Ryan through a mutual podcasting friend, Dr. David Draghinas. I love his podcast and his approach to providing financial services for physicians like me. During our discussion, Ryan provided important financial advice for those planning to pursue a nonclinical career. Some of the topics he covers include: The absolute need to develop a WRITTEN plan describing your ideal life and the ultimate goals you’re trying to achieve; Addressing major debt before embarking on a career shift, and limiting lifestyle creep as a way to do that; Awareness of financial landmines related to life, disability and malpractice insurance; Understanding vesting and how it might affect growth of retirement accounts; and, Some of the major money mistakes physicians tend to make, in general, and how to avoid them. For all of the resources mentioned during the podcast, and a transcript of our conversation, go to vitalpe.net/episode071.
Your three favorite physician finance bloggers all in one podcast again! WCI, PIMD, and PoF answer listener questions in this episode ranging from who is the funniest and is curling a real sport? To backdoor Roth IRAs, investing in real estate vs index funds, and what are the most important financial topics to teach new physicians. Plus lots more questions. You will find it informative and entertaining. If you found this podcast useful visit our blog at http://whitecoatinvestor.com/ for more personal finance and investing information. Find an engaging and helpful community in our forum at http://whitecoatinvestor.com/forums/ This episode is sponsored by another podcast. The Financial Residency podcast is dedicated to helping physicians become better financially equipped and more confident in making the right money decisions. The host, Ryan Inman, is a fee-only financial planner who is married to a US Navy pediatric pulmonologist. Ryan's firm, Physician Wealth Services, is a White Coat Investor recommended advisor. I recently went on his show to discuss the trade-offs between paying off medical school debt or choosing to invest. It’s a great resource to learn about the most popular finance question we seem to get on a regular basis; and, plus, it’s on an awesome show. So, go find Financial Residency in the same podcast player you listen to me in, download the show he and I did together, and use it as a guide to help you with your decision to pay down debt or invest.
He jokes with his wife, who is a Pediatric Pulmonologist, about how brilliant she is and how she doesn’t know that much about personal finance. He then realizes she was never taught about it in medical school, so how would she know? Ryan Inman, Owner of Physician Wealth Services and Host of the Financial Residency podcast says that physicians are culpable to making bad decisions when it comes to their money. In fact, financial planners know this and find that doctors are easy to make a commission from. Ryan is passionate about doing the right thing for his clients as a fee-only financial planner, a type of planner which he explains provides a flat rate for their services rather than a percentage of income or “assets under management” (AUM). Read more here: http://www.doctorsunbound.com/podcast/insider-tips-every-doctor-needs-to-know-about-personal-finance
Ryan Inman from FinancialResidency.com is back to tell us all about this crazy game he plays at dinner called Credit Card Roulette. If you didn't catch Ryan last episode you missed out a great episode of Pop-Up Debates! Our topic... when you go out to eat with a group of friends, should you pay and then have your friends pay you back or should you ask the server to split the check. The best part is that you decide who won the debate! VOTE FOR YOUR FAVORITE at https://PopcornFinance.com/93 Get Your 1st Audiobook for Free from Audible and Help Support Popcorn Finance by visiting PopcornFinance.com/Audible Connect with me Instagram -@PopcornFinancePodcast Twitter - @PopcornFinance Facebook - Popcorn Finance Special Music thanks to OKAY by 13ounce https://soundcloud.com/13ounce Creative Commons — Attribution-ShareAlike 3.0 — CC BY-SA 3.0
Interview with Ryan Inman, President and Financial Planner at Physician Wealth Services [Show Summary] How are you going to pay for medical school? How are you going to pay off your med school debt after you start practicing? How will you be able to afford a home and some of the comforts you’ve worked so hard for? Those are the questions we’re going to discuss today with an expert in financial planning who focuses strictly on residents and physicians. Financial Planning for Doctors [Show Notes] Ryan Inman is the President and Financial Planner at Physician Wealth Services, which he runs from Las Vegas, NV. He is also the host of the Financial Residency Podcast. Both are aimed at medical students, residents, and physicians in their first 10 years of practice. In addition to a Bachelors in Accounting, Ryan has an MBA and a Masters in Accounting and Financial Management, Personal Finance, all from the University of San Diego. Ryan, can you tell us a little about your background and how you began your career in financial planning and advising? [2:00] I got my first glimpse at investment advising from my neighbor. I was the nerdy kid who saved all his money and asked his mom to open up a TD Ameritrade account so I could trade stocks. My neighbor was a certified financial planner, working with high net worth individuals of $1M+, and “working” with him I knew what I wanted to do. When I got out of college in 2008 the entire financial industry was decimated so I ended up starting with KPMG in public accounting. Ultimately I went to work with my neighbor doing financial planning. I started dating my wife as a freshman in college. We got married 10 years later, and we’ve been married for five, which is how I got into advising physicians, as she is one. I saw all the stuff my wife and her colleagues were pitched – terrible investment products, using fear and scare tactics to sell them - so I helped them out. As my wife and I started talking about our future – whether we wanted kids, our career paths – I realized I really wanted to work with physicians. All of our friends are doctors or financial planners and it’s what I really love doing so I’m very happy to be talking on the show to premeds to arm them with knowledge before they get to med school to avoid mistakes on the back end. Why have you focused on guiding medical students and doctors early in their careers? Why do they need different advice than a young lawyer or young engineer, for example? [5:21] One is I’ve been there. I have intimate knowledge of the pain, struggles, and yes, of course joys of a career in medicine. I know what it’s like to be buried in student debt, with your spouse making next to nothing, sleeping every fourth night in the hospital. This is a main driver of why I only work with physicians. In terms of how they are different, a few things stand out. One, they have delayed gratification. They put so much aside to become a doctor – not just financially, but free time, social time - and are earning pennies per hour in their residency, essentially. They take their work home and chart and that time is not reimbursed, for example. I have clients who have put off starting a family due to student debt. My average client has $283K of debt, and there is a reason why they are overwhelmed with what to do. They are never trained in finance but are then expected to run their own practices. The biggest thing after all of this delayed gratification is they experience this insane lifestyle inflation. An attending salary may be $340K after making about $55K as a resident. That is an insane amount of money coming at them. They had put off buying a car, buying a house, saving in a 529 if they have kids, and suddenly the lifestyle creep goes through the roof. Then they find themselves stuck after 2-3 years – “I overcommitted, my debts are crazy, student loan repayments are starting to come due.” All this newly found money is a giant carrot and it’s understandable ...
Welcome to Pop-Up Debates! In this new episode format I will be joined by a guest to debate a specific topic. We will each have 1 minute to argue our point. The best part about this new type of episode is that you the listeners will decide who argued their side the best and should be crowned the winner. In this episode I'm joined by Ryan Inman from FinancialResidency.com. Our topic... when you go out to eat with a group of friends should you pay and then have your friends pay you back or should you ask the server to split the bill up for everyone. You get to decide who wins the debate! VOTE FOR YOUR FAVORITE at https://PopcornFinance.com/93 Get Your 1st Audiobook for Free from Audible and Help Support Popcorn Finance by visiting PopcornFinance.com/Audible Connect with me Instagram -@PopcornFinancePodcast Twitter - @PopcornFinance Facebook - Popcorn Finance Special Music thanks to Roy Matz https://soundcloud.com/roy-matz OKAY by 13ounce https://soundcloud.com/13ounce Creative Commons — Attribution-ShareAlike 3.0 — CC BY-SA 3.0
Episode Notes In today’s world, financial advice is everywhere, but not all of it is always applicable to physicians and their families. In this episode, Lara will be having a conversation with Ryan Inman, a financial planner who is married to a Pediatric Pulmonologist and understands the unique challenges of finances in the medical profession. In addition to giving advice on how to find a good financial planner, Ryan will also share his thoughts on medical debt and how physicians and their spouses can best keep control of their finances. Click here to listen to Ryan’s podcast and click here to read his article about how Dave Ramsey’s financial planning is not ideal for doctors (article mentioned in the episode). About Ryan Ryan Inman graduated from the University of San Diego (USD) with a BA in Business Administration, an MA in Accounting and Financial Management, and an MA in Business Administration. During grad school, he worked at Merrill Lynch under a fantastic advisor, but soon realized that the average advisor in the industry was more concerned with selling financial products and obtaining new clients with investable assets than working with those who could really use the financial guidance to succeed in life. Ryan decided to work with young physicians who were starting their careers and could really benefit from truly unbiased, quality financial advice. Visit Physician Wealth Services or Financial Residency to learn more about Ryan’s services and to subscribe to his podcast.
Pump the brakes on your week and take 10 minutes to make your life as a surgeon just a little better…Jeff welcomes to the mini-podcast Ryan Inman, MBA. Ryan is the founder of Financial Residency - a free financial education podcast for physicians and Physician Wealth Services, a fee-only financial planning company. The topic of our discussion in this episode is Financial Training!Ryan joined Jeff on the mini-podcast to talk about financial training for physicians. As the husband of a pediatric pulmonologist, he knows from personal experience that physicians are highly intelligent. Having met many of his wife’s colleagues and hearing lots of stories, he knows that surgeons don’t receive much training in managing finances for business, and perhaps more importantly for our personal goals and financial wellness (wealth). Ryan’s goal is to arm physicians with the knowledge they never received during medical school and residency. Does that sound familiar? *Ahem, cough, SurgeonMasters.* Ryan started the Financial Residency Podcast to help physicians increase their financial literacy. Through his experience with his financial planning, Ryan understands that many of his clients, and physicians in general, are coming out of school with over $200K in debt. Despite that, he knows that lifestyle inflation is one of the most common first mistakes that many make.Training on any subject begins with the basics. Then knowledge and success build with repeated practice.How do we avoid lifestyle inflation and achieve long-term financial goals? Here’s what Ryan suggests:Step 1 - Take Control Early (or Now!) - Evaluate your financial situation. What is coming in? Where is your money going? Remember, it’s NEVER TOO LATE! Step 2 - Understand Your Financial Goals - Importantly, how will this make you happy? Step 3 - Create a Plan that will achieve these goals! What are your priorities so you achieve these first? Developing a plan and following it will help you get there. While these basics steps describe WHAT needs to be done, HOW you do this is up to you. How will you improve your financial training and wealth?Will you train yourself more?Will you delegate some financial training?Will you outsource your financial wealth to a financial planner?Any of the above will require you to at least learn the basics. We hope you will add to your training with our podcast with Ryan Inman. Ryan is Founder and Owner of Physician Wealth Services LLC, a fee-only financial planning firm created to help physicians and their families, like his, take control of their finances and position themselves for a bright financial future. His wife, Taylor, is a Pediatric Pulmonologist. His goal is to provide trustworthy, unbiased financial advice to dedicated, hardworking people like her.He has an intimate knowledge of the pains, struggles, and joys that come from a career in medicine. He knows what it’s like to be buried in debt while his physician spouse makes next to nothing, spending every fourth night in the hospital. He understands what physicians are going through; he and his wife have been there.He started his fee-only practice to help physicians sleep well at night knowing they have a trusted advisor guiding them toward financial independence. While Physician Wealth Services is his family practice, Ryan is also the host the Financial Residency podcast, a free resource to help physicians increase their financial literacy
Pump the brakes on your week and take 10 minutes to make your life as a surgeon just a little better… Jeff welcomes to the mini-podcast Ryan Inman, MBA. Ryan is the founder of Financial Residency – a free financial education podcast for physicians and Physician Wealth Services, a fee-only financial planning company. The topic […]
In today's Friends Talk Finance episode, we discuss timely financial topics including: the state of the financial market, why you need an Investor Policy Statement and how you can recoup some of your losses using Tax Loss Harvesting. Carrie and Bonnie share some great links to financial resources that can help you as well. In this episode, you will hear: Some life updates from Bonnie and Carrie including: Bonnie's son Jack becoming a ring bearer and Carrie's Orlando family vacation. Exciting news about Bonnie and Carrie both being featured on some other financial podcasts recently. The current state of the market and why you shouldn't panic. Why you need an Investor Policy Statement (IPS) and how it can help you to invest. What Tax Loss Harvesting is and how it can help you to recoup losses. Links we discussed in the show: Check out Bonnie's blog for great financial advice at Miss Bonnie MD. Find fabulous dresses for weddings and events at Azazie.com. Join a new Facebook group Carrie is running dedicated to locums: The Physicians Only Locums Group. Listen in as Bonnie was featured on The So Money Podcast. Listen in as Carrie was featured on The Stacking Benjamins Podcast along with fellow guests Stephonee from The Poorer Than You Blog and Ryan Inman from The Financial Residency Podcast. Check out all of the free financial tools available at Personal Capital. Physician on Fire tells us how to create our own Investor Policy Statement. Learn all about Tax Loss Harvesting using Vanguard from Physician on Fire. For some alternatives to Vanguard that will TLH for you automatically check out Betterment or WealthFront. Check out some great financial advice from Victor at 39point6.com. Special thank you to this week's show sponsors: PearsonRavitz for all of your physician disability and life insurance needs and Johanna Fox Turner at Fox & Company Wealth Management. Thank you for listening to the Hippocratic Hustle! I know that time is your most valuable resource so I really appreciate you spending some of it with me. If you enjoyed today's show, please share it! If you'd like to help me improve and grow the podcast, send your suggestions to: Carrie@HippocraticHustle.com Lastly, don't forget to subscribe to the podcast, so you won't miss an episode!
In today's special, Friends Talk Finance episode, Bonnie and Carrie chat about their recent trip to the Fincon Conference held in Orlando, Florida. Learn all about why they decided to go, who they met there, and what their biggest takeaways were. Don't miss out as they recommend so many great physician and non-physician financial bloggers and podcasters that you can follow and learn from as well. This episode is packed with resources so check out the notes below for links to everything they discussed. In this episode, you will learn: What is Fincon and who should attend? Bonnie and Carrie hung out with a large group of incredible physicians at the conference and made lots of new friends. How they found inspiration from other people at different stages of FI at the conference. Bonnie's biggest takeaway from the conference is starting to use Asana for project management of her business and personal life. Carrie's biggest takeaway would be the need for more guidance, education and advice on personal finance for everyone. Who they were inspired by at the conference outside of the physician world. Why they feel there is room for everyone in the physician personal finance space. Links we discussed in the show: Check out Bonnie's blog for informative financial advice at Miss Bonnie MD. Learn all about Hygge and how you can use it to create comfort in your life. Join our Facebook group, The Hippocratic Hustlers- open to all women not just physicians Also, join a new Facebook group Carrie is running, The Physicians Only Locums Group. Ask to join the Women Physicians Personal Finance Group by adding Doctora WPPF as a friend on Facebook and then you can be added to the group. Learn all about the Fincon Conference and how you can attend in 2019 in Washington, D.C. Learn more about a camp all about FI and personal finance at Campfi.org. Take Bonnie's advice and start organizing your life using Asana. Some great resources to check out: ChooseFI.com Physician on Fire and Ep 39 Breaking Down Finances and FIRE with Physician on FIRE. The White Coat Investor and Ep 51 Jim Dahle, MD- The White Coat Investor. Passive Income MD The Female Money Doctor Renee Darko of Keeping up with the Darkos. The Doc Outside the Box and Ep 44 Nii Darko, MD- THE Doc Outside the Box. Brenda Krygowski at BCKrygowski.com Dawn Baker of Practice Balance.com and Ep 38 Practicing Balance with Dawn Baker, MD. CrispyDoc 39point6.com WealthyDoc.org Paula Pant at Affordanything.com Ryan Inman at Financialresidency.com Jillian Johnsrud at Montanamoneyadventures.com Jamila Souffrant at Journeytolaunch.com The Financial Grown Up Podcast at Bobbirebell.com Waffles on Wednesday Special thank you to this week's show sponsors: PearsonRavitz for all of your physician disability and life insurance needs and Johanna Fox Turner at Fox & Company Wealth Management. Thank you for listening to the Hippocratic Hustle! I know that time is your most valuable resource so I really appreciate you spending some of it with me. If you enjoyed today's show, please share it! If you'd like to help me improve and grow the podcast, send your suggestions to: Carrie@HippocraticHustle.com Lastly, don't forget to subscribe to the podcast, so you won't miss an episode!
What's the ONE thing you need to figure out to get what you really want? A popular blogger wrote a piece on the topic and today we have a special all-guest panel to help us work through it. On today's show we welcome, from the Hippocratic Hustle podcast, Dr. Carrie Reynolds, and from the Poorer than You blog, Stephonee....AND also, the guy behind the Financial Residency podcast, Ryan Inman. In our Friday FinTech segment we're taking a break from showing you the hottest new gadget to helping you build it. Have a great idea for the next hot FinTech app? Jake Hare has helped hundreds of potential app developers bring their idea to market and today he's going to talk about forming and executing on your next great idea. That's not all...of course we'll still have Doug's trivia segment AND answer a listener call for help...all because we care, and because that's what we do on Friday. Enjoy!
Take away: Be intentional with your money. Action step: Figure out your assets and liabilities. What's your why? Money Learnings: School didn't teach Ryan anything about money. He is the first person in his family to go to college. His parents are entrepreneurs and they always talked about money. Bio: Ryan Inman, When my wife was in residency, I witnessed how vulnerable she was to poor financial advice. I was shocked at how many advisors tried to take advantage of her and her peers. It’s the reason I started my fee-only practice, Physician Wealth Services, to work exclusively with physicians who could truly benefit from unbiased, quality financial advice. I help physicians create a life they love using the resources they have. To help them feel in control of their money, the same way that you make a patient feel better about their health. Also, I host the Financial Residency podcast, a free resource to help increase your financial literacy. Highlights from this episode: Link https://physicianwealthservices.com/ https://financialresidency.com/ Richer Soul Life Beyond Money. You got rich, now what? Let's talk about your journey to more a purposeful, intentional, amazing life. Where are you going to go and how are you going to get there? Let's figure that out together. At the core is the financial well being to be able to do what you want, when you want, how you want. It's about personal freedom! Thanks for listening! If you like the show please leave a review on iTunes: http://bit.do/richersoul https://www.facebook.com/richersoul http://richersoul.com/ rocky@richersoul.com Any financial advice is for educational purposes only and you should consult with an expert for your specific needs.
Are you known as the "frugal" friend in your circle? Think you're 100% on board when it comes to managing your finances? You'll have a chance to put that to the test today, because our roundtable is discussing (and sharing their own stories on) hardcore money decisions. Helping us out today is special guest from The PhysicianWealthServices.com, Ryan Inman... PLUS two of our basement favorites: Paula Pant and Len Penzo. Then, in our Fintech segment, we're super excited to talk to Catherine Berman from CNote. Not only does CNote pay higher interest rates currently than a regular savings account, but you'll also be investing in local communities. How does it work? We'll go through it step by step with Cat (and you can check out our link below to CNote for more information). And of course, if you're hungry like the wolf for trivia, we'll still have time for Doug. Thanks also to MagnifyMoney.com for sponsoring Stacking Benjamins. MagnifyMoney.com saves users on average $450 when they compare, ditch, switch and save on credit cards, student loan refinancing, checking, savings and more. Check out MagnifyMoney.com for your savings. Thanks to Harry’s for supporting Stacking Benjamins. Get your Trial Set – go to Harrys.com/sb
Steve Allwine is a great guy who has learned a lot about marriage and what works and what doesn't. In this episode, we discuss his first marriage and what he learned that has allowed his second marriage to be so amazing. He's married to an OBGYN and they have 2 kids under 2!SHOW TOPICS:Communication: In marriage, what are your deal breakers? How about in parenting?Respect: How to put yourself in your spouse's shoes.Consistency: How to do the little things for big wins!Considering Divorce: Tips to considerMarriage LessonsParenting TipsBook Mentioned: Bringing up Bebe, https://amzn.to/2O7ITK2Thank you to our sponsor, fee-only financial planner, Ryan Inman, who shares a finance tip of the day from www.financialresidency.com.
Have you wondered how to teach your kids to value the toys or gifts that they ask for all the time? Have you wondered how to help your kids place a value on their grades or chores in exchange for an allowance? What about how to encourage your child's interest in making money and to nurture their understanding that everything has a cost? Today, we break out of the normal financial box with fee-only financial planner, Ryan Inman, who owns Physician Wealth Services and shares great content weekly at the Financial Residency Podcast.Physician Wealth Services - Contact Ryan for a free consult for financial planning - https://physicianwealthservices.com/Financial Residency Podcast - Ryan gives out amazing information and answers user-submitted questions at https://financialresidency.com/Favorite Book: Ender's Game - Order via our DMD affiliate link: https://amzn.to/2wMPRk5 Favorite Financial Book to recommend: How a 2nd Grader Beat Wall Street - Order via our DMD affiliate link: https://amzn.to/2IIVLar
My guest today is a great example of why having a niche is so powerful. XYPN member Ryan Inman is the founder of Physician Wealth Services, a firm that specializes in working with (you guessed it) physicians. In fact, one hundred percent of his clients are doctors. Completely focused on his niche, Ryan provides tons of awesome content for physicians through his blog, podcast, different Facebook groups, and more—all of which continue to drive him leads. Two years into starting his firm, he’s over halfway to his way to his goal of reaching 70 clients. In this episode, Ryan shares his experience building his own firm, what he's done to make it such a success, and more. You can find show notes and more information by clicking here: http://www.xyplanningnetwork.com/149
Ready to dump the debt and build wealth together? Here are three crucial questions to discuss to achieve financial security together! Finding Financial Security Ryan Inman from Physician Wealth Services and Financial Residency is on the show to share three crucial questions to help you two build financial security together. In this episode we discuss: how you two can approach talking about money how Ryan helps his clients hone in on their priorities conversation starters you can use on your next money date Hope you enjoy! Want to hear from another couple working together on their finances? Check out my interview with Tai and Talaat McNeely from His and Her Money! Resources to Define Your Priorities and Big Goals Whether it’s a joint or personal goal, there are handy resources available to help you two achieve your dreams. How Our Financial Goals Followed Our Family What’s Your One Page Financial Plan? Ryan asked three crucial questions on the podcast. I want you to imagine that you are financially secure, that you have enough money to take care of your needs, now and in the future. The question is, how would you live your life? What would you do with the money? Would you change anything? Let yourself go. Don’t hold back your dreams. Describe a life that is complete, that is richly yours. This time, you visit your doctor who tells you that you have five to ten years left to live. The good part is that you won’t ever feel sick. The bad news is that you will have no notice of the moment of your death. What will you do in the time you have remaining to live? Will you change your life, and how will you do it? This time, your doctor shocks you with the news that you have only one day left to live. Notice what feelings arise as you confront your very real mortality. Ask yourself: What dreams will be left unfulfilled? What do I wish I had finished or had been? What do I wish I had done? What did I miss? Jumpstart Your Marriage and Money Course Want to give your marriage and bank account a boost? Pick up Jumpstart Your Marriage and Money course. Jumpstart focuses on the big wins including earning more. Get LIFETIME access to a four-week course design to help you: Stop fighting about money and create a budget that you BOTH LOVE Automate your money Pay off your debt faster Plus more! You can get lifetime access here. Music Credit Like the music in this episode? Our theme song is by Gentle Regime. Additional music by Lee Rosevere and Logan from Music for Makers in this episode.
Have a question that’s keeping you up at night? Today I answer 5 listener questions out of many amazing questions that I think will really help build a foundation of finance knowledge that will help you take control over your finances and set you down the right financial path. 1. Should I pay off my home loan early? 2. What are your recommendations on investing for retirement, putting away funds for kids college or general savings for your life goals when you have credit card debt? 3. What do I do with my 403b from my previous employer? 4. I’m saving for a home down payment, is it better to invest that money while saving or store it away in a savings account? 5. How do you fire your advisor? What is the process of doing that and who will manage my investments and insurance policies after? Take control of your finances with our free financial audit checklist.
This week we're joined by Ryan Inman of Physicianwealthservices.com and the Financial Residency podcast. Ryan got even more passionate about the field of personal finance when his wife was in residency and she began to pass along information that she received from “financial advisors” trying to sell her products. He found it alarming how vulnerable she was to bad advice and bad investments. Most doctors aren’t married to a financial planner and they end up getting taken advantage of or making catastrophic financial mistakes. He is now a fee-only advisor focusing on helping physicians and others make sound personal finance decisions through transparency and ensuring he keeps the best interest of his clients at the forefront of his mind. We were happy to catch him at FinCon17 for a live recording covering: Term insurance and why investments and insurance should not be mixed or viewed the same, "Investments are investments and insurance is insurance." Who needs insurance and how to determine the type and amount of insurance you or your family need Investment Theory and the key differences between active and passive investing References Mentioned in This Show Ryan Inman Website: Physicianwealthservices.com Podcast: Financial Residency Twitter: @PhysicianWealth Recommended Life Insurance Calculator XY Planning Network: Fee-Only Financial Advisors Announcements Check out our PATREON page! We’re raising funds to grow the show so we can create more great content that helps you get ahead professionally and financially. Read Marcus’ book on how he buried and dug his way out of over $30,000 in debt by age 30, Debt Free Or Die Trying, on Amazon. Looking for more career development and debt freedom tips? Join our email list at PaychecksandBalances.com/email for exclusive content including show updates, digital giveaways, and more. We don’t spam. We just keeps it real. Yes, keeps. LIKE us on Facebook.com/PaychecksandBalances or follow us on Twitter @PayBalances and Instagram at the same name!
© 2020-2025 Ivy Podcast Discovery LLC
