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67 episodes with your financial pharmacist
4 episodes with your financial pharmacist
5 episodes with your financial pharmacist
5 episodes with your financial pharmacist
3 episodes with your financial pharmacist
3 episodes with your financial pharmacist
2 episodes with your financial pharmacist
2 episodes with your financial pharmacist
2 episodes with your financial pharmacist
Episode SummaryIn this episode of Advisor Revelations, Amy Arnett, VP of Insurance Solutions at DPL Financial Partners, talks with Angel Melgoza, Director of Financial Planning at Your Financial Pharmacist, about asset and income protection. They cover the importance of disability income insurance in financial planning, the ideal client for such coverage, the rule of thumb on disability income insurance, and how to address potential gaps in group disability insurance. Learn more at https://www.dplfp.com/series/advisor-revelations-podcast.
Tim Ulbrich, PharmD is the host of Your Financial Pharmacist Podcast. See his full bio below, and visit https://www.yourfinancialpharmacist.com for more information. This is the 8th episode in my Pharmacist Podcasters Series. My guests and I talk about podcasting so that you are inspired to host a podcast, be a podcast guest, or use your voice in general. Thank you for listening to episode 306 of The Pharmacist's Voice ® Podcast! To read the FULL show notes, visit https://www.thepharmacistsvoice.com/podcast. Select episode 306. ✅FREE Podcast Planning eBook/audiobook combo https://www.kimnewlove.com/podcasting Subscribe to or follow The Pharmacist's Voice ® Podcast to get each new episode delivered to your podcast player and YouTube every time a new one comes out! Apple Podcasts https://apple.co/42yqXOG Spotify https://spoti.fi/3qAk3uY Amazon/Audible https://adbl.co/43tM45P YouTube https://bit.ly/43Rnrjt If you need help starting your podcast, I can help. Get my FREE eBook (or audiobook version) on kimnewlove.com/podcasting. I also teach a self-paced, online course and work with clients by-the-hour. You'll also find many episodes about podcasting throughout my back catalog on thepharmacistsvoice.com/podcast. During our conversation, Tim explains what YFP Podcast is about, why he started it, who his audience is, what the audience learns from the wide variety of episodes he publishes, what he gets out of podcasting, advice for new podcasters, and tools and gear he recommends (since this episode comes out on Black Friday - a popular shopping day here in the United States). During the last few minutes of the episode, I also mention some tools and gear I recommend for new podcasters. Hint: You can get started for ~$100 with the tools and gear I mention. If you're new to YFP Podcast, Tim recommends episodes 365, 376, and 379. Links to all 3 are below in the show notes. Bio (October 2024) Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 17,000+ pharmacy professionals via the Your Financial Pharmacist Podcast, blog, website resources and speaking engagements. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. From 2009-2021, he worked in various academic and administrative roles at Northeast Ohio Medical University and The Ohio State University College of Pharmacy. Tim is the co-author of Seven Figure Pharmacist and host of the Your Financial Pharmacist Podcast. He has presented to over 200 pharmacy associations, colleges, and groups on entrepreneurship, leadership, and various personal finance topics including debt management, investing, retirement planning, and financial well-being. Links from this episode YFP Business website – https://yourfinancialpharmacist.com/ YFP Podcasts – https://yourfinancialpharmacist.com/podcasts/ YFP Facebook Group – https://www.facebook.com/groups/390846528023004 LinkedIn – https://www.linkedin.com/in/timulbrich/ Seven Figure Pharmacist website and book link https://bit.ly/3KqoVdl The Pharmacist's Voice ® Podcast Episode 233 with Tim Ulbrich, PharmD https://bit.ly/3O9yVbY The Pharmacist's Voice ® Podcast Episode 154 with Tim Ulbrich, PharmD https://bit.ly/3xbefsG YFP Podcast Episode 279 featuring Kim Newlove, RPh. https://apple.co/3gNhxwq YFP Podcast Episode 365 with Mike Byers, PharmD (Millionaire Theme Hour: from $0 to 7-Figure Pharmacist) YFP Podcast Episode 376 with Brandon Gerleman, PharmD (From Student Debt to Financial Freedom: How Brandon Paid Off $160K) YFP Podcast Episode 379 with Brooke Griffin, PharmD (Inspiring Bold Ideas: Career and Entrepreneurial Insights) Audio Technica 2100 USB/XLR Microphone (not an affiliate link) Samson Q2U USB/XLR microphone (not an affiliate link) Audacity (Recording/editing software) Zoom https://www.zoom.com SquadCast https://squadcast.fm/ Zencastr https://zencastr.com Books mentioned: Atomic Habits by James Clear and Start by Start by Jon Acuff Pharmacist Podcasters Series Part 1 with Ola Latala, PharmD (The Pharmacist's Voice Podcast Episode 248) Part 2 with Deeb Eid, PharmD (The Pharmacist's Voice Podcast Episode 253) Part 3 with Justin Cole, PharmD (The Pharmacist's Voice Podcast Episode 257) Part 4 with Christina Fontana, PharmD The Pharmacist's Voice Podcast Episode 262 Part 5 with Tony Dao, PharmD The Pharmacist's Voice Podcast Episode 266 Part 6 with Dr. H (Hussam Hamoush, PharmD) The Pharmacist's Voice Podcast Episode 275 Part 7 with Julie Doan, PharmD The Pharmacist's Voice Podcast Episode 297 Part 8 with Tim Ulbrich, PharmD (Today's episode) Kim's websites and social media links: ✅ Email Newsletter sign-up link https://bit.ly/3AHJIaF ✅ LinkedIn Newsletter https://bit.ly/40VmV5B ✅ Business website https://www.thepharmacistsvoice.com ✅ The Pharmacist's Voice ® Podcast https://www.thepharmacistsvoice.com/podcast ✅ Pronounce Drug Names Like a Pro © Online Course https://www.kimnewlove.com ✅ FREE eBook/audiobook combo https://www.kimnewlove.com/podcasting ✅ Podcasting Online Course https://www.kimnewlove.com/podcasting ✅ Private Podcasting Coaching or Consulting https://www.kimnewlove.com/private-coaching ✅ LinkedIn https://www.linkedin.com/in/kimnewlove ✅ Facebook https://www.facebook.com/kim.newlove.96 ✅ Twitter https://twitter.com/KimNewloveVO ✅ Instagram https://www.instagram.com/kimnewlovevo/ ✅ YouTube https://www.youtube.com/channel/UCA3UyhNBi9CCqIMP8t1wRZQ ✅ ACX (Audiobook Narrator Profile) https://www.acx.com/narrator?p=A10FSORRTANJ4Z ✅ Start a podcast with the same coach who helped me get started (Dave Jackson from The School of Podcasting)! **Affiliate Link - NEW 9-8-23** Thank you for listening to episode 306 of The Pharmacist's Voice ® Podcast. 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YFP Co-Founders Tim Baker and Tim Ulbrich discuss essential negotiation skills inspired by Chris Voss's book Never Split The Difference, covering key strategies to boost your financial plan, mindset, and confidence. Summary In this episode, YFP Co-Founders Tim Baker and Tim Ulbrich have a valuable conversation on negotiation—an essential skill that impacts not only finances but also mindset and confidence. Inspired by Chris Voss's book Never Split The Difference, Tim and Tim explore negotiation techniques drawn from Voss's experience as a former FBI hostage negotiator and break down why negotiation is vital for your financial plan, key goals, and practical strategies for navigating each step. About Today's Guests Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show Your Financial Pharmacist Book a Discovery Call Never Split the Difference: Negotiating as if Your Life Depended on It by Chris Voss SHRM (Society for Human Resource Management) Journal of Experimental Social Psychology YFP Disclaimer Ask a financial question to YFP Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn Tim Baker on LinkedIn YFP on Instagram YFP Facebook Group
Tim Ulbrich, YFP CEO, explores five often-overlooked areas of financial planning from credit, tax planning, emergency funds, insurance, and estate planning. Summary YFP CEO Tim Ulbrich dives into five critical—but often overlooked—areas of financial planning that deserve more attention. While these topics might not be as thrilling as investing, making big purchases, or debt reduction, they're essential for a strong financial foundation. Tim covers the importance of: building and maintaining credit; proactive tax planning; establishing an emergency fund; reviewing health, life and disability insurance policies; and estate planning. Learn how to give these areas the attention they deserve, helping you create a more resilient and well-rounded financial plan. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show Episode 380: Understanding and Improving Your Credit IRS Form 1040 (Individual Income Tax Return) YFP 309: Top 10 Tax Blunders Pharmacists Make YFP Blog: Life Insurance for Pharmacists: The Ultimate Guide YFP Blog: Disability Insurance for Pharmacists: The Ultimate Guide Caring.com 2023 Wills and Estate Planning Study Episode 310: Dusting Off the Estate Plan YFP Legacy Folder Checklist YFP Book a Discovery Call YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group
Tim Ulbrich and Tim Baker discuss the role of credit in financial planning: why it matters, how it works, what makes up a credit score, common credit misconceptions and more. Summary In this episode, Tim Ulbrich and Tim Baker discuss the role of credit in financial planning. They explore why credit matters, how it works, and how it influences important areas in your financial plan. Tim and Tim break down the factors that make up a credit score, from payment history and credit utilization to the age of credit and hard inquiries. They also dispel common credit myths, essential strategies for protecting your credit and identity, including the importance of monitoring credit reports. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Mentioned on the Show Intuit CreditKarma FICO Vantage Score YFP Book a Discovery Call YFP Disclaimer Ask a financial question to YFP Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn Tim Baker on LinkedIn YFP on Instagram YFP Facebook Group
Tim Baker, CFP® tackles 10 questions for those considering early retirement from sources of income, handling market volatility, health insurance options and more. Summary This week, Tim Baker, CFP®, RLP®, RICP® and Tim Ulbrich, PharmD are tackling 10 questions for those considering early retirement. They discuss sources of income in retirement, handling market volatility when no longer working, health insurance coverage options, timing to draw on Social Security, and much more. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Mentioned on the Show Register for YFP webinar on October 7th at 9pm EST: Aliquot Investing: Small Investments in Big Real Estate Investing YFP Free Guide: Retirement Roadblocks: Identifying and Managing 10 Common Risks YFP Episode 291:Redefining Retirement with Professor Emeritus David Zgarrick, PhD YFP Episode 296: 5 Key Decisions for Long Term Care Insurance YFP Episode 321: Navigating Financial Conversations with Aging Parents Social Security YFP Book a Discovery Call YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn Tim Baker on LinkedIn YFP on Instagram YFP Facebook Group
Gathering wisdom from his own journey and those of many other pharmacists, Tim Ulbrich, YFP CEO, shares ten moves that are key in building a strong financial foundation. Summary YFP CEO and Co-Founder, Tim Ulbrich, distills the lessons learned from his own financial journey and from speaking with thousands of pharmacists about their financial plans into a list of ten moves that are key in building a strong financial foundation. Whether you're just getting started and have the opportunity to build a strong foundation from the beginning or you've been at it for a while and sense the need to reinforce that foundation, this week's episode is for you. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show YFP Financial Fitness Test YFP Podcast 376: From Student Debt to Financial Freedom: How Brandon Paid Off $160k YFP Podcast 375: Breaking New Ground: Emmanuel Ayanjoke's Vision for Altev Community Pharmacy YFP Podcast 365:Millionaire Theme Hour: From $0 to 7 Figure Pharmacist Rich Dad Poor Dad by Robert Kiyosaki I Will Teach You to Be Rich by Ramit Sethi The Millionaire Next Door by Tom Stanley Money Master the Game by Tony Robbins Seven Figure Pharmacist by Tim Church & Tim Ulbrich Studentaid.gov YFP Toolbox YFP Life Insurance for Pharmacists: The Ultimate Guide YFP Disability Insurance for Pharmacists: The Ultimate Guide The Go-Giver by Bob Burg YFP Book a Discovery Call YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group
Tim Ulbrich, YFP Co-Founder and CEO shares five wealth-building strategies to include in your own financial plan. Summary In this episode, Tim Ulbrich, YFP Co-Founder and CEO, shares five wealth-building strategies you can incorporate into your own financial plan. Drawing from his own financial journey, these strategies have been tested, refined, and used by Tim and his wife, Jess. From setting savings goals to tracking net worth monthly to increasing your financial IQ, Tim makes setting up your financial path for success more attainable. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show Toolbox: https://yourfinancialpharmacist.com/toolbox YFP Planning The Millionaire Next Door by Tom Stanley YFP Compound Interest Calculator YFP Podcast Episode 351: Legacy Planning 101: How to Build Your Legacy Folder and Why It's Important The Compound Effect by Darren Hardy YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group
Tim Baker, CFP and YFP Director of Planning answers questions from the YFP community on saving and preparing for retirement. This episode is brought to you by First Horizon. Summary Planning and preparing for retirement can feel overwhelming. In this episode, Tim Baker, CFP®, RICP®, RLP®, makes the steps to planning for retirement more manageable. He answers three questions from the YFP community on retirement planning, including: How to determine the optimal amount to save for retirement Strategies for dealing with market downturns during retirement How different investment options impact retirement savings This episode is brought to you by First Horizon. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Mentioned on the Show First Horizon's Pharmacist Home Loan Die with Zero by Bill Perkins YFP Retirement Planning Series (Episodes 272-275): YFP Episode 272: How Much is Enough? (Retirement Planning) YFP Episode 273: Alphabet Soup of Retirement Accounts (Retirement Planning) YFP Episode 274: Risk Tolerance vs Capacity (Retirement Planning) YFP Episode 275: How to Build a Retirement Paycheck (Retirement Planning) YFP Episode 305: Understanding Annuities: A Primer for Pharmacists YFP Free Guide: Retirement Roadblocks: Identifying and Managing 10 Common Risks The Power of Working Longer (2018, Stanford Institute for Economic Policy Research) YFP Book a Discovery Call YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group Tim Baker on LinkedIn
Tim Baker helps parents navigate saving for their child's college education, from projecting costs and balancing goals to 529 plans. This episode is brought to you by First Horizon. Summary Most parents desire to contribute toward their child's college tuition; however, knowing how much to save and plan for can be a bit of a moving target. How much is enough to save for college? Tim Baker, YFP Co-Founder and Director of Financial Planning, lays out the financial roadmap to help parents navigate the complexities of college savings. Tim emphasizes the importance of prioritizing college savings, projecting future costs, and balancing these savings with other financial goals. He also breaks down the benefits of starting early and making consistent contributions to make the goal more attainable. Learn more about education savings options, including 529 plans and Coverdale education savings accounts. Tim also shares the ⅓ rule for funding college education that listeners may find make the reality of saving for their child's future education more attainable. This episode is brought to you by First Horizon. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Mentioned on the Show First Horizon Pharmacist Home Loan YFP 211: The Ins and Outs of the 529 College Savings Plans YFP 195: How to Save for Your Child's Education YFP Blog: 7 Things to Consider Before Starting a 529 Plan YFP Gives - www.yfpgives.org YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group Tim Baker on LinkedIn
Tim Baker, YFP Director of Financial Planning, breaks down Medicare and long-term care insurance and what to consider when deciding on a policy. Summary Tim Baker, YFP Director of Financial Planning, breaks down the importance of long-term care insurance in retirement planning, highlighting the need to carefully consider the cost of these policies and how they fit into one's overall financial plan. Tim also discusses Medicare parts A, B and D and the importance of understanding the enrollment period to avoid paying penalties. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Mentioned on the Show Learn More About Your Financial Pharmacist and Book a Free Discovery Call Episode 329: Medicare Selection & Optimization featuring Certified Insurance Counselor, Josh Workman Episode 296: 5 Key Decisions for Long-Term Care Insurance Episode 321: Navigation Financial Conversation with Aging Parents Episode 305: Understanding Annuities: A Primer for Pharmacists Free to Focus by Michael Hyatt YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn Tim Baker on LinkedIn YFP on Instagram YFP Facebook Group
YFP Co-Founder and Director of Financial Planning Tim Baker discusses six financial moves for mid-career pharmacists, including re-evaluating the vision for the financial plan. Summary Tim Ulbrich is joined by YFP Co-Founder and Director of Financial Planning, Tim Baker to discuss various financial planning strategies for mid-career pharmacists, including resetting the vision for the financial plan, prioritizing retirement planning and emergency funds, and reevaluating, reviewing and updating insurance policies. Regularly reviewing and adjusting these funds to account for the various life changes ensures that policies align with current financial goals and circumstances. Tim and Tim also address the importance of having those uncomfortable conversations, such as end-of-life care and inheritance to avoid potential legal and financial issues in the future. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Mentioned on the Show Financial Moves to Make as a Mid-Career Pharmacist YFP Financial Planning YFP Podcast 357: Emergency Fund Check Up: 5 Questions You Must Answer YFP Podcast 272:How Much is Enough? (Retirement Planning) Social Security Resource YFP Podcast 310:Dusting Off the Estate Plan YFP Podcast 321: Navigating Financial Conversations with Aging Parents Your Financial Pharmacist YFP+ Subscribe to the YFP Newsletter Tim Baker on LinkedIn Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group YFP Disclaimer
Tim Ulbrich, PharmD (YFP Co-Founder & CEO) covers five questions that you should ask related to your emergency fund to determine whether or not it is adequately funded and optimized. This episode is brought to you by First Horizon. Summary This week we're diving deep into a financial fundamental that often flies under the radar: the emergency fund, also known as the rainy day fund. Saving for unexpected expenses isn't easy. It requires discipline, patience, and a leap of faith to stash away money for something you can't predict. Especially when other financial goals, like paying off debt or investing, are competing for your attention. In this week's episode, we explore why having an emergency fund is crucial. From unexpected medical bills to home repairs or sudden job loss, life throws curveballs when we least expect it. But having a well-stocked emergency fund isn't just about having the dollars to cover these surprises; it's about gaining peace of mind and confidence. Join host, Tim Ulbrich, PharmD, as he covers 5 questions you should ask related to emergency fund to determine whether or not it is adequately funded and optimized. Remember, when life throws you a curveball, your emergency fund will be there to catch you. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show Your Financial Pharmacist First Horizon Pharmacist Home Loan YFP+ Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group YFP Disclaimer
Tim Ulbrich, PharmD (YFP Co-Founder & CEO) digs into how to successfully navigate finances with your partner and shares 25 questions you can use to frame conversations around money. This episode is brought to you by First Horizon. Summary On this episode, we're talking about love and money! Discussing finances with your spouse, partner or significant other can be tricky sometimes. Tim Ulbrich shares 25 financial discussion questions to help you navigate these important conversations along with a free resource you can download to help get you started. From reflecting on your “money classroom” and the way you were raised to understand money to how you feel about debt, savings, and other important goals, Tim guides you through these important conversations. There is no one-size-fits all to managing finances in a relationship - but sharing the same vision and goals with your partner can set you up for success. This episode is brought to you by First Horizon. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show Money Couple Money Personality Assessment 25 Financial Discussions for Partners I Will Teach You to Be Rich by Ramit Sethi Learn more about YFP Planning First Horizon Pharmacist Home Loan YFP+ Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group YFP Disclaimer
In this episode, Mike Koelzer talks with Tim Ulbrich, PharmD of Your Financial Pharmacist about blending business acumen with life's financial stages. They delve into strategies for personal growth, navigating career transitions, and planning for retirement, offering listeners insights on balancing professional aspirations with personal financial health. https://yourfinancialpharmacist.com/ Sponsored by https://www.parcelhealth.co/ https://www.bizofpharmpod.com/
Sponsored by YFP+, YFP Co-Founder Tim Ulbrich shares five key elements for building a strong financial foundation after graduation. Summary On this episode sponsored by YFP+, host Tim Ulbrich outlines five key elements for building a strong financial foundation. Whether you are a pharmacy student looking ahead, a soon to be 2024 graduate, or a resident, fellow, or new practitioner trying to find solid financial footing, Tim shares what it means to build a strong financial foundation, no matter where you are in your career. With the average pharmacist facing staggering student loan debt and often lacking financial knowledge, Tim shares practical strategies to help pharmacists to begin to navigate debt management, investing, insurance coverage and retirement planning. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show YFP+ YFP Gives Scholarship April 25, 2024 YFP Home Buying Webinar YFP Budget Template YFP Financial Fitness Test YFP Podcast Episode 165: The Power of a Health Savings Account (HSA) YFP Blog: Why I'm Not Using My Health Savings Account to Pay for Medical Expenses YFP Podcast Episode 272: How Much is Enough (Retirement Planning) YFP Planning Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group YFP Disclaimer
Tim Ulbrich discusses the importance of creating a legacy folder to organize essential financial documents for access during emergencies and peace of mind. Summary In this episode, YFP Founder and CEO, Tim Ulbrich, delves into the critical aspect of establishing a "legacy folder" to efficiently organize essential financial documents and accounts. This folder serves as a vital resource in emergencies, streamlining access for loved ones and averting confusion or delays. Drawing from personal experience, Ulbrich shares how he and his wife maintain their financial plan and essential documents in a shared electronic folder and a secure physical safe at home, ensuring accessibility and peace of mind during unforeseen circumstances. Tim explores the contents of the legacy folder, which encompass a comprehensive checklist, electronic copies, and hard copies of vital papers such as birth certificates and social security cards and other critical documents like insurance policies and estate planning materials. Learn how to proactively organize your financial affairs to safeguard against unforeseen events, ultimately fostering financial peace of mind and security. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show YFP Legacy Folder Checklist YFP 222:Why Estate Planning is Such an Important Part of the Financial Plan YFP 310: Dusting Off Your Estate Plan YFP Net Worth Tracking Sheet The Millionaire Next Door by Tom Stanley Check your Social Security Statements Financial Peace University Subscribe to the YFP Newsletter YFP Planning Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group Your Financial Pharmacist YFP Disclaimer YFP Newsletter
YFP's Tim Baker addresses key questions from the community, covering retirement savings, cost of living, and the importance of the nest egg calculation. Summary On this week's episode of the YFP Podcast, host Tim Ulbrich is joined by YFP Co-Founder and Certified Financial Planner, Tim Baker, to dive into some of the most common questions from the YFP community. He covers topics ranging from debt repayment to investing and retirement planning in three key questions: How much do I need to save in order to retire? How do I determine what is enough? The intricacies of cost of living and understanding the income you'll have in retirement. Why the nest egg calculation is crucial in financial planning. Our discussion also delves into the pros and cons of paying off low-interest debt, such as student and auto loans, versus investing. Tim Baker also shares the strategies for prioritizing debt repayment, retirement savings, and saving for a house down payment. In a particularly insightful segment, Tim and Tim tackle a question from a listener with a $200,000 student loan balance, where Public Service Loan Forgiveness (PSLF) isn't an option. Tim Baker shares his perspective on weighing the decision between paying off the loans and pursuing forgiveness over 20-25 years, including the potential tax implications. Join us as we navigate the complexities of financial planning and empower you to make informed decisions for a secure financial future. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), two kids (Olivia and Liam), and dog (Benji). Mentioned on the Show Episode 272 - How Much is Enough YFP Planning - www.yfpplanning.com YFP+ - yourfinancialpharmacist.com/membership Subscribe to the YFP Newsletter YFP Open House on March 14, 2024 at 8:30pm EST - yourfinancialpharmacist.com/openhouse YFP Disclaimer Tim Ulbrich on LinkedIn Tim Baker on LinkedIn
Tim Ulbrich shares the importance of setting a budget for achieving your financial goals and five steps to help you get started. Summary In this week's episode, we learn all about one of the key first steps to mastering your money: creating a budget. You'll learn how to implement a budgeting system that not only works, but is also enjoyable. Tim Ulbrich, YFP Founder and CEO shares a practical five-step process to help you get started. A budget isn't a restrictive tool, but an important instrument that can empower you on your journey toward financial well-being and help align your money with your vision for a rich and fulfilling life. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show Your Financial Pharmacist Financial Fitness Test YFP Budget Template Budgeting Blueprint Webinar YFP 341: 5 Financial Moves to Make in 2024 The Millionaire Next Door by Dr. Thomas Stanley Subscribe to the YFP Newsletter YFP Planning Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group Your Financial Pharmacist YFP Disclaimer YFP Newsletter
Tim Ulbrich reviews seven impactful finance books he recommends for both seasoned investors and beginners to gain strategies and inspiration for success. Summary In this episode, Tim Ulbrich continues the discussion from Episode 341 on "5 Financial Moves to Make in 2024." The fifth "move" was about "setting a plan for your personal finance learning," and this week, Tim dives into seven personal finance books that have profoundly influenced his financial journey. With no particular order in mind, Tim shares insights from each book and how he has implemented key takeaways into his own financial plan. You can find links to all these recommended books in the show notes. Tim emphasizes that these are not just any books – they are ones he frequently recommends or gifts to others, and they have played a crucial role in his and his wife, Jess', journey towards achieving financial freedom. Whether you're a seasoned investor or just starting on your financial journey, these books are a must-read (or re-read) in 2024. Tune in for valuable insights and inspiration to help you pave your way to financial success! About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show YFP 341: 5 Financial Moves to Make in 2024 YFP 200: An Interview with Sarah Fallaw of The Next Millionaire Next Door I Will Teach You To Be Rich by Ramit Sethi Die with Zero by Bill Perkins Rich Dad, Poor Dad by Robert Kiyosaki Tax Free Wealth by Tom Wheelwright The Millionaire Next Door by Dr. Thomas Stanley The Next Millionaire Next Door by Dr. Sarah Stanley Fallaw The Compound Effect by Darren Hardy The Total Money Makeover by Dave Ramsey Happy Money: The Science of Happier Spending by Elizabeth Dunn and Michael Norton Subscribe to the YFP Newsletter YFP Planning Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group Your Financial Pharmacist YFP Disclaimer YFP Newsletter
Tim Ulbrich and Sean Richards, CPA, discuss the tax preparations listeners should be considering ahead of the 2023 filing. Summary In this episode, Tim Ulbrich and Director of YFP Tax, Sean Richards, CPA, discuss the tax preparations listeners should be considering ahead of tax season and the 2023 filing. Whether you DIY your taxes or work with a professional, there are documents that need to be on hand to file your taxes. Sean shares essential tax moves for the year, emphasizing the significance of being proactive for the 2024 tax season. Sean also discusses the value of a year-round approach to taxes and the in-house services by episode sponsor, YFP Tax, showcasing the value of personalized, holistic tax planning. About Today's Guest Sean Richards, CPA, received his undergraduate degree in Corporate Finance and Accounting, as well as his Master of Accountancy, from Bentley University in Waltham, MA. Sean has been a Certified Public Accountant (CPA) since 2015 and is currently pursuing his Enrolled Agent certification. Prior to joining the YFP team, Sean was the Senior Treasury Manager at PRA Group, a global debt buyer based in Norfolk, VA. He began his career at American Tower Corporation where, over 10 years, he held several positions in audit, treasury and accounting. As the Director of YFP Tax, Sean focuses on broadening the company's existing tax planning and preparation operations, as well as developing and launching new accounting offerings, including bookkeeping, payroll, and fractional CFO services. Mentioned on the Show YFP Tax Tax Checklist Your Financial Pharmacist Your Financial Pharmacist on Facebook Your Financial Pharmacist on Instagram Tim Ulbrich on LinkedIn Sean Richards on LinkedIn YFP Disclaimer YFP Newsletter Book a discovery call with Tim Baker
Tim Ulbrich, YFP CEO, shares 5 key moves for financial success, emphasizing automation, proactive tax planning, document organization, and continuous learning. Summary In the first episode of the New Year, YFP CEO and financial educator, Tim Ulbrich, unveils a financial roadmap for 2024, emphasizing five key moves for achieving financial success and living a rich life. Tim highlights the pivotal role of automation in financial planning, proactive tax planning, the importance of organizing financial documents and the significance of continuous learning. He shares his personal financial goals and the systems he uses to organize and prioritize his financial goals. Tune in to gain insights and actionable steps for mastering your finances in 2024. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio StateUniversity College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show January 8th webinar YFP Bonus Episode: How A Couple Left Their Careers to Travel the World YFP 079: Is It Time to Redefine Retirement w/ Nick Ornella IRS Form 1040 (2023) YFP 309: Top 10 Tax Blunders Pharmacists Make YFP Tax Subscribe to the YFP Newsletter I Will Teach You To Be Rich by Ramit Sethi Financial Peace University Ally Banking YFP Disclaimer Tim Ulbrich on LinkedIn
Tim & Tim talk about negotiation, why it's an important part of the financial plan, the goals of negotiation, and tips for conducting an effective negotiation. Summary Tim Baker joins Tim Ulbrich on this episode to dig into all things negotiation. Negotiation is the process of discovery and a way to advocate for yourself and what your needs are. Tim Baker explains that negotiation is an important part of your financial plan for many reasons. He explains that settling for a lower salary can have a significant impact on your present and future finances because you may accrue less in retirement savings and potentially other investments. However, negotiation doesn't just lie in your salary. You can also negotiate benefits like flex scheduling, paid time off as well as potentially parental leave and professional development opportunities, among others. Tim Baker shares that 99% of hiring managers are expecting new hires to negotiate and build their initial offer as such. Many don't end up negotiating because they don't want to risk the offer being revoked, but Tim says that the majority of the time you should present a counter offer. Tim then digs into the stages of the negotiation process that include the interview, receiving an offer, presenting a counter offer and accepting the offer and position. He shares many strategies and tips for each stage as well as additional techniques to use throughout the process. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), two kids (Olivia and Liam), and dog (Benji). Mentioned on the Show YFP Planning Never Split the Difference: Negotiating as if Your Life Depended on It by Chris Voss SHRM (Society for Human Resource Management) Journal of Experimental Social Psychology Join the YFP Facebook Group Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram Tim Baker on LinkedIn
Join Ashlee and Tim Ulbrich, pharmacist and founder of Your Financial Pharmacist, in this week's Level Up episode as they discuss Tim's career, advice, and resources that pharmacists can use in the journey toward attaining financial wellness. Tim Ulbrich, pharmacist & CEO of Your Financial Pharmacist, set out to help pharmacists solve this issue by helping them develop financial planning and organization skillsIn this episode, the two discuss:- How Tim's blog developed into the Your Financial Pharmacist company- Tim's best tips for pharmacists hoping to work towards financial wellness - The upcoming CEimpact By Design course 'Dollars and Sense: Guidance for Building a Strong Financial Foundation', a course that Tim helped create. To learn more about CEimpact's By Design memberships and to gain access to Tim's course, click here.To get in touch with Your Financial Pharmacist, click here. Follow CEimpact on Social Media:LinkedInInstagramDownload the CEimpact App for Free Continuing Education + so much more!
Next up on my Pharmacist Authors Series is Tim Ulbrich, PharmD. Today, we're discussing Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt, and Create Wealth by Tim Church, PharmD and Tim Ulbrich, PharmD. This episode includes a bonus at the end. Tim Ulbrich narrated a sample of Seven Figure Pharmacist. Enjoy! Please share this episode with others, especially pharmacists and student pharmacists. Thank you for listening to episode 233 of The Pharmacist's Voice ® Podcast! To read the FULL show notes, visit https://www.thepharmacistsvoice.com/podcast. Select episode 233. Subscribe to or follow The Pharmacist's Voice ® Podcast to get each new episode delivered to your podcast player and YouTube every time a new one comes out! Apple Podcasts https://apple.co/42yqXOG Google Podcasts https://bit.ly/3J19bws Spotify https://spoti.fi/3qAk3uY Amazon/Audible https://adbl.co/43tM45P YouTube https://bit.ly/43Rnrjt Bio, Tim Ulbrich, PharmD (Spring 2023) Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 100+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the co-author of Seven Figure Pharmacist and host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. He has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being.
Episode Summary On this week's episode of the YFP Podcast, we tackle getting your estate plan buttoned up. We're joined by Tim Baker, CFP®, RICP®, RLP®, Co-Founder of Your Financial Pharmacist, to talk about estate plan preparations. We go through why it's important to plan your estate, what an estate plan includes, and what happens if you do not have one in place. Tim then shares his thoughts and insights on three action areas; documentation, beneficiaries, and legacy folders. Links Mentioned in Today's Episode American Pharmacists Association Caring.com's 2023 Wills Survey Episode 222: Why Estate Planning is Such an Important Part of the Financial Plan I've Still Got Me: A Widow's Journey to Love, Happiness & Financial Independence YFP Planning: Fee-Only Financial Planning for Pharmacists YFP Disclaimer Tim Baker on LinkedIn Tim Ulbrich on LinkedIn Subscribe to the YFP Newsletter
In over 300 episodes of Your Financial Pharmacist, we haven't covered much about annuities and today, Tim Baker, CFP®, RICP®, RLP® joins Tim Ulbrich, PharmD to do just that. On this episode, sponsored by First Horizon, you'll hear all about what annuities are, the main types and how they differ, common misunderstandings, fees associated with annuities, and how they can assist with building a retirement paycheck through the flooring strategy. Links Mentioned in Today's Episode First Horizon's Pharmacist Home Loan LIMRA: 2022 US Retail Annuity Sales Shatter Annual Sales Records Set in 2008 YFP Episode 275: How to Build a Retirement Paycheck YFP Episode 242: Social Security 101: History, How it Works, and Why it Matters YFP 294: 10 Common Social Security Mistakes to Avoid Immediate Annuities Website YFP Planning: Fee-Only Financial Planning for Pharmacists YFP Disclaimer Tim Baker on LinkedIn Tim Baker on Twitter Tim Ulbrich on LinkedIn Tim Ulbrich on Twitter
On Episode 81 of the podcast with Tim Ulbrich, Tim shares the story behind becoming a pharmacist and what he is passionable about! Tim received his Doctor of Pharmacy degree from Ohio Northern University in 2008 and completed postgraduate residency training at The Ohio State University in 2009. Prior to making the move to work full-time on Your Financial Pharmacist, Tim spent 12 years in various academic positions at Northeast Ohio Medical University and The Ohio State University College of Pharmacy. To watch the full version of this episode, read more about Tim, AND access full show notes, click here Follow me on YouTube, Instagram, Facebook, LinkedIn, and/or Twitter. Feel free to subscribe to the podcast on your favourite podcast platform so you can be notified when a new episode is released or leave a review on apple podcasts. If you have any suggestions for guests you want me to talk to or if you'd like to come on yourself, please feel free to contact me via social media, or email at info@pharmacistdiaries.com.
Tim Ulbrich, CEO of Your Financial Pharmacist and host Mike Koelzer discuss the impact of technology on the pharmacy profession, financial wellness for pharmacists, and the future of education, and how it may be disrupted by the rise of technology and alternative education options. Show Notes: Introduction: Tim Ulbrich, CEO and co-founder of Your Financial Pharmacist, joins host Mike Koelzer to discuss the impact of technology, specifically ChatGPT-3, on the pharmacy profession and financial wellness for pharmacists. The Emotional Side of Financial Planning: The podcast delves into the emotional aspects of financial planning, which has become increasingly important in today's world. The Over-Glorification of Entrepreneurship: Tim mentions that not everyone is cut out for entrepreneurship and that there are times when a steady job can be more peaceful. Mike wonders if his pharmacy niche is too narrow but acknowledges his expertise in the field. Finding a Target Audience and Niche: Tim and Mike discuss the importance of defining a target audience and finding a niche when starting a business. They agree that a narrow target audience allows for better segmentation and customization. The Impact of Technology on Education: Tim and Mike discuss the impact of chatbots like ChatGPT on education and various industries. They believe that the technology could shift the focus from learning things to asking the right questions. The Future of Education: Tim and Mike agree that academic institutions will have to evolve and adapt to changes. Tim suggests a network-based apprenticeship model, while Mike points out the need for new ways of measuring skills and achievement. Social Media and Technology's Impact on Professionals: Tim and Mike discuss the impact of social media and technology on professions, including the value of a college education. They acknowledge that changes may occur in the long run, but that the resistance of established organizations may slow down the process. Connect with me: Instagram: https://www.instagram.com/bizofpharmpod/ Facebook: https://www.facebook.com/BizOfPharmPod YouTube: https://www.youtube.com/c/TheBusinessofPharmacyPodcast Twitter: https://twitter.com/bizofpharmpod LinkedIn: https://www.linkedin.com/company/bizofpharmpod Website: https://www.bizofpharmpod.com Loved this episode? Leave us a review and rating here: https://www.bizofpharmpod.com/reviews/new/ Please support The Business of Pharmacy Podcast™ by checking out our sponsors at https://www.bizofpharmpod.com
It's the start of a new year and I am super excited to launch my first episode of 2023 with Tim Ulbrich on the podcast. Tim is the Co-Founder and CEO of Your Financial Pharmacist (YFP), an online platform for education, products, and services designed to help pharmacists achieve financial freedom. Tim's journey into life as an entrepreneur has been incredibly inspiring for me personally. It was an absolute honour to record this podcast episode with him and I am so grateful that we had the opportunity to get to know each other through the podcast. Tim received his Doctor of Pharmacy degree from Ohio Northern University in 2008 and completed postgraduate residency training at The Ohio State University in 2009. Prior to making the move to work full-time on Your Financial Pharmacist, Tim spent 12 years in various academic positions at Northeast Ohio Medical University and The Ohio State University College of Pharmacy. After completing pharmacy school and residency training, Tim and his wife, Jess, had more than $200,000 of non-mortgage debt. Through self-taught financial education and hard work, Tim and Jess finished paying off $200,000 of debt in 2015. Shortly thereafter, Tim published a blog post outlining his debt repayment journey which was the start of Your Financial Pharmacist. Tim is the host of the Your Financial Pharmacist Podcast and co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. The podcast is AMAZING and there are currently 290 incredible episodes for you to check out. I am a huge fan of the Debt Free Episode stories that you can filter through the podcast page on the YFP website! I have been tuning into those episodes since 2017 when I was pregnant with Lilyanna and living in Abu Dhabi. I am sure you will feel inspired listening to this episode! Go check it out now :) Linkedin: @Tim Ulbrich Instagram: @Yourfinancialpharmacist Facebook: @The Your Financial Pharmacist Facebook Group Website: Your Financial Pharmacist Follow me on YouTube, Instagram, Facebook, LinkedIn, and/or Twitter. Feel free to subscribe to the podcast on your favourite podcast platform so you can be notified when a new episode is released or leave a review on apple podcasts. If you have any suggestions for guests you want me to talk to or if you'd like to come on yourself, please feel free to contact me via social media, or email at info@pharmacistdiaries.com.
When you were in pharmacy school, you learned about drug interactions, clinical interventions, and your fair share of patient care — but did you learn how to properly manage your money? Enter the expertise of Tim Ulbrich, CEO of Your Financial Pharmacist. Tim has made it his mission to help new grads, experienced owners, and every pharmacist in between achieve financial freedom. Whether you're looking to pay off student loans or start saving for retirement, Tim is the go-to guy to help you not only manage, but maximize, your money. Hosted By: Jeff Key, President of PioneerRx | Marsha Bivins, Director of Marketing Guest: Tim Ulbrich | CEO of Your Financial Pharmacist Looking for more information about independent pharmacy? Visit www.pioneerrx.com
Tim's journey has taken him from academia to becoming co-founder and CEO of Your Financial Pharmacist. In this episode, Tim Ulbrich explains various topics relating to finance and the pharmacy profession. He helps us navigate through periods of difficult financial situations, financial intentions, and describing contraindicated financial decisions. LinkedIn: https://www.linkedin.com/in/timulbrich/ Website: https://yourfinancialpharmacist.com/ Bio: Tim Ulbrich, PharmD Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master's in Health-System Pharmacy Administration Program. Tim is the co-author of Seven Figure Pharmacist and host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. He has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being.
5 simple habits can lead you to financial + personal fitness--that LAST. Get the FREE EBOOK: 5 Tips to Thrive in Healthcare- bit.ly/3U3Z6Ts In this interview I was on with Dr. Tim Ulbrich at Your Financial Pharmacist, I share the 5 simple things you can do to thrive in financial and personal fitness. RESOURCES: >> [FREE EBOOK] 5 Tips to Thrive in Healthcare: bit.ly/3U3Z6Ts >> [BRAND COURSE]: www.impactdrivenincome.com >> [COMMUNITY]: bit.ly/3vt38ZW >> [BOOK]: Rx: YOU! The Pharmacist's Survival Guide for Managing Stress & Fitting in Fitness: amzn.to/3tEkzW4 >> [BOOK] Gen-Z Pharmacist: bit.ly/3DmhM7s Host: Dr. Tim Ulbrich, PharmD, -Website: www.yourfinancialpharmacist.com -Facebook: www.facebook.com/yourfinancialpharmacist -LinkedIn: www.linkedin.com/in/timulbrich/ -Instagram: www.instagram.com/timothyulbrich Guest: Adam Martin, PharmD, ACSM-CPT, NAMS-CNC -Website: www.thefitpharmacist.com -LinkedIn: www.linkedin.com/in/fitpharmfam -Instagram: www.instagram.com/thefitpharmacist -YouTube: bit.ly/2x2urwl
Is it time we broaden the conversation on Student Loans to include all the costs associated with attending post-secondary? Tim Ulbrich, CEO of Your Financial Pharmacist discusses all the associated costs for post-secondary education that more students should be aware of.
Join today's discussion with Dr. Tim Ulbrich, as we talk about the finances of pharmacy and medicine! Did you know that the #1 barrier for going to medical school for most pharmacy graduates is related to financial concerns? Listen in as we address these valid concerns and uncover ways to maximize your financial wellness as a pharmacist and future physician! Topics covered include general personal finance recommendations, how to handle pharmacy debt along with medical school debt, the benefits of physician loans, and how to achieve financial wellness! Links: 1. Your Financial Pharmacist: https://yourfinancialpharmacist.com/ 2. Seven Figure Pharmacist: https://www.sevenfigurepharmacist.com/ 3. The Physician Pharmacist: www.PhysicianPharmacist.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Join today's discussion with Dr. Tim Ulbrich, as we talk about the finances of pharmacy and medicine! Did you know that the #1 barrier for going to medical school for most pharmacy graduates is related to financial concerns? Listen in as we address these valid concerns and uncover ways to maximize your financial wellness as a pharmacist and future physician! Topics covered include general personal finance recommendations, how to handle pharmacy debt along with medical school debt, the benefits of physician loans, and how to achieve financial wellness! Links: 1. Your Financial Pharmacist: https://yourfinancialpharmacist.com/ 2. Seven Figure Pharmacist: https://www.sevenfigurepharmacist.com/ 3. The Physician Pharmacist: www.PhysicianPharmacist.com Learn more about your ad choices. Visit megaphone.fm/adchoices
Do you have any student loans? What is your repayment strategy? I was ready to drop this episode right as federal student loan repayments were due to resume, but we just got good news last week that the loan pause will be extended through the rest of 2022 and most borrowers will have $10,000 forgiven on their loans. Still, it is incredibly important to have a financial plan in place when these repayments eventually resume. Enter Tim Ulbrich, the Co-Founder and CEO of Your Financial Pharmacist. He is here today to help YOU create a plan for your student loan repayment, avoid costly mistakes, and achieve financial freedom. Quote of the episode: · “Get comfortable with being uncomfortable” – Tim Ulbrich Highlights of the episode: · What is the biggest mistake people make with student loans? · How to choose the best strategy to pay off student loans? · Is it better to make more money or save more money? · Should you pay off your loans in a lump sum? Additional resources: · YourFinancialPharmacist.com · YFP Podcasts · YFP Calculators · Seven Figure Pharmacist by Tim Ulbrich and Tim Church ------------------------------------------------------------------------------------------------------------------------------- ------------------------------------------------------------------------------------------------------------------------------- Subscribe to the show: · Apple Podcasts · EricRMueller.com · Spotify --- Support this podcast: https://anchor.fm/ericmuellershow/support
I'm overwhelmed with my pharmacy school loans; I know I need to save for my future, but I don't know where to begin; I thought I was making a great income until I realized how expensive life out of school really is; the list goes on. These were just some of the comments that Tim Ulbrich, CEO and Co-Founder of Your Financial Pharmacist, heard over and over again. They inspired him to take action and help others navigate their financial well-being. Building his business from the ground up was no easy feat. He grew his idea into a hobby, and then turned his hobby into a side hustle. His side hustle took off and evolved into his current business—and Tim reached all these milestones while simultaneously pursuing his academic career. Whether you are a current student, recent graduate, Industry Fellow, or experienced Industry Pharmacist, you don't want to miss this insightful podcast episode. Tim shares his advice for how to set yourself up for financial success, some of his go-to reads on the topic of financial well-being, and so much more.
Each Friday in June 2022, I'm publishing an interview with a pharmacist dad in honor of Father's Day, which is Sunday, June 19. Today's episode is an interview with Dr. Tim Ulbrich. Thank you for listening to episode 154 of The Pharmacist's Voice ® Podcast! Full Bio Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 13,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. Tim is the host of the Your Financial Pharmacist Podcast and co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. To date, YFP has partnered with 70+ pharmacy organizations to provide personal finance education on topics including debt management, investing, retirement planning, and financial well-being. Mentioned in this episode Business website - https://yourfinancialpharmacist.com/ YFP Podcasts - https://yourfinancialpharmacist.com/podcasts/ YFP Facebook Group - https://www.facebook.com/groups/390846528023004 Tim Ulbrich Personal LinkedIn - https://www.linkedin.com/in/timulbrich/ Tim Baker, CFP, RLP (Your Financial Pharmacist Co-Founder, YFP Podcast co-host) David Bright, PharmD (YFP Podcast Real Estate Investing episodes co-host) Nate Hedrick, PharmD (YFP Podcast Real Estate Investing episodes co-host) Marialice Bennett (One of Tim's mentors) Ohio Northern University (ONU) Raabe College of Pharmacy Northeast Ohio Medical University (NEOMED) College of Pharmacy The Ohio State University College of Pharmacy (OSU) Building a Story Brand: Clarify Your Message so Customers Will Listen by Donald Miller
In this episode, you'll hear from Tim Ulbrich, who is helping to improve pharmacists' financial literacy. Tim is a pharmacist passionate about identifying career paths that fit students' goals and interests so they can have fulfilling careers and lives. Tim is also the creator of the pharmacy podcast, Your Financial Pharmacist, and author of the book, Seven Figure Pharmacist. He graduated from Ohio Northern University with his Doctor of Pharmacy and completed residency training in community/ambulatory care at Ohio State. After paying off more than $200,000 in non-mortgage debt, Tim is working to empower pharmacists and pharmacy students to take control of their financial future. Guest - Tim Ulbrich, Pharm.D. Website: www.yourfinancialpharmacist.com and www.yfpplanning.com Facebook: https://www.facebook.com/yourfinancialpharmacist/ and https://www.facebook.com/groups/390846528023004/ LinkedIn (personal): https://www.linkedin.com/in/timulbrich/ Instagram: @yourfinancialpharmacist and @timothyulbrich Host - Hillary Blackburn, PharmD www.pharmacyadvisory.com https://www.linkedin.com/in/hillary-blackburn-67a92421/ @talktoyourpharmacist for Instagram and Facebook @HillBlackburn Twitter
Co-founder and CEO of Your Financial Pharmacist, Tim Ulbrich, discusses financial wellness for postgraduate trainees. He offers advice on debt management, investing, and protecting your income now and throughout your career.
Today's episode includes a recap of my weekend at the Ohio Pharmacist Association (OPA) Annual Conference April 1-3, 2022, and brief interviews with Ohio pharmacists Emlah Tubuo, PharmD and Greg Kramp, PharmD. Disclaimer. I am an OPA Member, but I do not work for The Ohio Pharmacists Association. The opinions mentioned in this podcast episode are my own and not necessarily those of OPA. Also, I am not being compensated for any content in this podcast episode. This episode has 4 parts. In the first part, I'll give a recap from the sessions I attended: session title and speaker(s) name(s), plus two take-aways. I attended 11 sessions and earned 16 hours of CE. Ten sessions were 90 minutes long. One was only 60 minutes long. There were multiple offerings for each time slot, and it was hard to pick just one to attend. The second part is my interview with Emlah Tubuo, PharmD. The third part is my interview with Greg Kramp, PharmD. The fourth and final part of this episode will be a few stories about what went wrong back home while I was gone. If you're a parent of teenagers, you're going to groan. It has to do with my younger son missing the ACT on Saturday, April 2, and the death of the only houseplant I own. Thank you for listening to The Pharmacist's Voice Podcast Episode 143! To read the full show notes, visit https://www.thepharmacistsvoice.com/podcast/ Mentioned in this episode Annual Meeting of the Ohio Pharmacists Association April 1-3, 2022 (Conference Brochure) OPA (Ohio Pharmacists Association) home page Emlah Tubuo, PharmD LinkedIn Profile Emlah Naturals website Emlah Naturals Instagram Page Greg Kramp, PharmD LinkedIn Profile Lauren Castle, Functional Medicine Pharmacists Alliance Founder www.notimpossible.com Eye gaze goggles video (YouTube) Brian Bisher, Cincinnati-area pharmacist World Autism Day April 2, 2022 The Pharmacist's Voice Podcast Episode 75 with Dr. Adam Martin, The Fit Pharmacist The Pharmacist's Voice Podcast Episode 89 with Dr. Cory Jenks, Pharmacist, Improv Comedian, and Public Speaker The Pharmacist's Voice Podcast Episode 73 with Dr. Lauren Castle (Functional Medicine Pharmacist) The Pharmacist's Voice Podcast Episode 133 with Dan Krinsky, BS, Ms, RPH, FAPHA The Pharmacist's Voice Podcast Episode 135 with Sue Paul, RPH Subscribe to or Follow The Pharmacist's Voice Podcast! Apple Podcasts Google Podcasts Spotify Amazon/Audible Friday Sessions Early Results from Provider Status Implementation with speakers Stu Beatty, Ana Hincapie, Anne Metzger, and Rebecca Lahrman. OTC/Self-Care Challenge moderated by Kristine Cline and Max Conrad. 5 Ohio pharmacy schools competed in this Jeopardy/game-show-like competition: UC (the University of Cincinnati), NEOMED (Northeast Ohio Medical University), OSU (The Ohio State University), Findlay (the University of Findlay), and ONU (Ohio Northern University). I did not see a team from my alma Mater The University of Toledo. Cedarville University did not have a team either. Current Trends in Prescription Drug Diversion with Dr. Donnie Sullivan. Generation RX and You: Medication Safety in Action, led by Ruth Emptage, Kelsey Schmuhl, and Tessa Miracle. Saturday Sessions By the way, this was the best MORNING at OPA ever in the history of my attending the Annual Meetings. I was inspired. I was entertained. I laughed. I learned. Self-Care and Professional Well-Being: The Prescription to Beat Burnout with speakers Dr. Adam Martin (The Fit Pharmacist) and Dr. Tim Ulbrich (Co-Founder & CEO of Your Financial Pharmacist). *VERY INSPIRATIONAL SESSION!* Putting “Yes, And” to Work: Building a More Adaptable, Empathetic, and Humanizing Healthcare Experience with speaker Cory Jenks. *This was by far THE MOST FUN CE SESSION I'VE EVER ATTENDED. EVER!! Pharmacy's Role in Human Trafficking Awareness with speakers Karen Kier and 2022 PharmD Candidate Temi Omitowoju from Ohio Northern University. National Human Trafficking Hotline is 1-888-3737-888 Text “INFO” or “HELP” to BeFree. The digits are 233733 https://humantraffickinghotline.org/report-trafficking Successful Pharmacy Entrepreneurship with Marc Sweeney and Chris Antypas. “Challenging times are great for innovation.” Blue Ocean Strategy by W. Chan Kim and Renée Mauborgne. Sunday sessions 2022 Legislative Update with four speakers: Ernie Boyd (Executive Director of the Ohio Pharmacists Association), Michelle Fitzgibbon (a government relations professional), Dan Fitzpatrick (also a government affairs professional), and Antonio Ciaccia (CEO of 46 Brooklyn Research and 3 Axis Advisors). The 4 Pillars of Pharmacogenomics and Personalized Medicine with speakers Sue Paul, Dan Krinsky, and Amy Van Milligan, MD. Counterfeit Medicines in the US Supply Chain: Learn How the Criminals Operate to Keep Your Patients Safe with non-pharmacist speaker Shabbir Safdar from the Partnership for Safe Medicines, which you can find at safemedicines.org. Dangerous Doses and Bottle of Lies by Katherine Eban were recommended by Mr. Safdar. Just a few things went wrong back home while I was away for 3 days. Gratitude first. The house did not burn down, and my husband and both kids were alive when I got home. What went wrong? My son Derrick missed the ACT because he forgot about it. My only houseplant died a horrible death by wind, rain, and cold temps. Our trash ended up in our recycling toter and the recyclables ended up in the trash toter. I left March 31, and no one flipped the calendars in the house to April. No one printed the new lunch calendar for April either. When my family went to church, no one brought the Noisy Change Offering, which is only collected the first Sunday of the month. My son had to loan my husband cash so we could contribute toward the charity of the month. My husband also forgot to pick his prescriptions up at the pharmacy on Saturday. The pharmacy is closed Sunday. Better luck next time, boys! Please laugh. I know I did. That's life, and life can be messy!
Robert Lopez, CFP® and YFP Planning Lead Planner, discusses the current state of the PSLF program, plus three pharmacists share their PSLF success stories. Key Points From This Episode Introducing today's topic: the PSLF success stories of three pharmacists. A reminder of who Robert Lopez is and his role at Your Financial Pharmacist. An overview of the first and second half of the show and what we will cover. The basics of PSLF, Public Service Loan Forgiveness, and who qualifies. Which changes were made to the rules of PSLF. What the big news comes down to: you don't have to rule out forgiveness. What the limited waiver meant for those in the military. Optimization strategy with PSLF and how Robert recommends you reallocate your finances. The benefit of switching to a lower payment plan while achieving a long-term forgiveness plan. An introduction to Kimberly Gale's journey into the world of pharmacy. The amount of debt she graduated with and how much was ultimately forgiven. How she discovered PSLF through a friend's recommendation. Challenges she faced along the way, including communication at the beginning. How PSLF helped her to afford the lifestyle she wanted for her family. Ashley Hicks' story of gravitating towards pharmacy because of her love for people. How much Ashley ultimately had forgiven through PSLF. The challenge that uncertainty and anxiety posed within her PSLF process. How optimization and strategy can help navigate late discovery loans. The opportunities that PSLF opened up for her and her husband to focus on other goals. Meet Kyle Sobecki and learn about his work as a pharmacist in a nonprofit hospital. Kyle's story of having had exactly $189,038.72 forgiven. Homework he has done along the way leading up to choosing PSLF. How PSLF works when you work for a non-profit. Uncertainties and challenges he had along the way. His advice with regards to filing your paperwork on time each year. Goals the PSLF plan freed Kyle up to pursue including paying off personal debt. Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 214: How Anna Got $127k Forgiven Through PSLF Ask a YFP CFP® 090: How can I decide if pursuing PSLF will be beneficial for me at this point in my payoff journey? PSLF Help Tool The Your Financial Pharmacist Podcast Learn More About Our 1:1 Student Loan Analysis with a CFP®: use code YFP for 10% off Your Financial Pharmacist Disclaimer and Disclosures
Today is another special collaboration episode where Tim Ullbrich from the podcast Your Financial Pharmacist joins us to talk all things finance, not only for current students in school, but for pharmacists who have debt and are looking for some extra advice.
The founder of Your Financial Pharmacist joins me to talk about student loans and other aspects of your financial planning as you graduate from college or residency. You can reach him at https://yourfinancialpharmacist.com/ and check out the episode on https://yourfinancialpharmacist.com/10-financial-discussions-every-couple-should-have/
Dr. Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. His academic career included 9 years at Northeast Ohio Medical University and, most recently, a role at The Ohio State University College of Pharmacy as a clinical professor of pharmacy and director of the Masterʼs in Health-System Pharmacy Administration (MS HSPA) program. Tim is the host of the Your Financial Pharmacist Podcast and co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 100 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Website https://yourfinancialpharmacist.com/ Email tulbrich@yourfinancialpharmacist.com The Your Financial Pharmacist Facebook Group https://www.facebook.com/groups/390846528023004 LinkedIn https://www.linkedin.com/in/timulbrich/ FB https://www.facebook.com/timothyrulbrich Join the Networking Event for Functional Medicine Practitioners on September 29th https://www.drchristinemanukyan.com/functionalmedicine “Be open to receiving information and also opportunities.” The difference between income and net worth Get into action Why net worth is such an important indicator more than income of where you're progressing financially and heading on the right direction long term Net worth being a financial vital check
Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. He is also a content creator, podcast host, author, and much more.
DEBT can crush your pharmacy dream before you even graduate. The bills keep coming, the interest keeps growing...while your confidence takes a nosedive and your personal brand is the least of your worries. How do we create financial independence when the average starting place out of pharmacy school is over $120K in student loan debt? Sharing how to flip your script from debt to financial freedom is this week's guest from Your Financial Pharmacist and author of FireRx Jeff Keimer, PharmD, who has gone through the debt game and sharing how you can, too! Guest: Jeff Keimer, PharmD -Website: https://bit.ly/3i9rKSc -Facebook: https://bit.ly/37c7lpj Host: Adam Martin, PharmD, ACSM-CPT, NAMS-CNC -Website: www.thefitpharmacist.com -LinkedIn: www.linkedin.com/in/fitpharmfam -Instagram: www.instagram.com/thefitpharmacist -YouTube: bit.ly/2x2urwl
The power that words have are truly amazing. For example, I am willing to bet that for the majority, two words can instantly strike anxiety, overwhelm, and panic into your mind, whether you are a pharmacy student or new-grad pharmacist. “Adam, you're mister positive—why would you do that to me?!” Because it's the reality of so many in our profession, and while these two words reveal the truth of overwhelm and anxiety faced by so many in our profession, there is an antidote that is not just words, but practical strategy that not only works, but was written by a fellow PharmD and co-founder of one of the strongest brands in pharmacy, Your Financial Pharmacist. HOW TO CREATE YOUR PERSONAL BRAND THAT WINS: www.scriptyourbrand.com Main Points From this Podcast: -The reality of student loans in the pharmacy profession -Why so many in pharmacy struggle with loans -The main reason why what's been available does not work for pharmacists -How this book is the simple solution to guide you into debt-free status -Why having a personal brand is a game changer to magnify your idea & impact Resources Mentioned in This Episode: -The Pharmacist's Guide to Conquering Student Loans: https://www.pharmdloans.com -Your Financial Pharmacist - podcast, blog, calculators, and other guides: https://yourfinancialpharmacist.com Like The Fit Pharmacist on Facebook: www.facebook.com/fitpharmfam Host: Adam Martin, PharmD, ACSM-CPT, NAMS-CNC -Website: www.thefitpharmacist.com -LinkedIn: www.linkedin.com/in/fitpharmfam -Instagram: www.instagram.com/thefitpharmacist -YouTube: bit.ly/3accu0u -Podcast: www.thefitpharmacist.com/podcast Guest: Tim Church, PharmD -Website: www.yourfinancialpharmacist.com -LinkedIn: https://www.linkedin.com/in/tim-church-pharmd-bcacp-cdces-025907bb -Podcast: https://yourfinancialpharmacist.com/podcast
The concept of money or financial wealth can be a source of many things: motivation, freedom… or- if you're facing debt from pharmacy school and beyond- anxiety, overwhelm, or the feeling of drowning in unpaid bills, student loans, and the overall cost of just living. How are we to navigate this path of financial fitness if we don't have a clear understanding about the greenbacks so that we can have our financial responsibilities met, while still having the financial freedom to splurge here and there with that “fun money” life? On The Fit Pharmacist Healthcare Podcast, I'm all about bringing the SimpleSolutions to our toughest questions from those who practice what they preach and have not just survived the hurdles of PharmacyLife, but have turned their struggle into their strength to become the expert in what they do. That is why I am pleased to bring to you Dr. Timothy Ulbrich, fellow pharmacist and financial expert for those in ClubPharmacy looking to do more than just pay the bills, but truly live a life of financial freedom. Tim Ulbrich is a professor of pharmacy practice and Director of the MS in Health-System Pharmacy Administration at The Ohio State University College of Pharmacy. He graduated from Ohio Northern University with his Doctor of Pharmacy and completed residency training in community/ambulatory care at Ohio State. Prior to joining Ohio State, he served in various faculty and administrative roles at Northeast Ohio Medical University, focused on developing progressive pharmacy practice models and developing student pharmacists. After paying off more than $200,000 in non-mortgage debt, Tim is working to empower pharmacists and pharmacy students to take control of their financial future. He is the creator of the Your Financial Pharmacist blog, host of Your Financial Pharmacist Podcast, and co-author of the book “Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth.” Resources Mentioned in this Podcast: 1. Seven Figure Pharmacist: https://bit.ly/2AWXN1x 2. Rx: YOU! The Pharmacist's Guide to Managing Stress & Fitting in Fitness: amzn.to/2QDtqCP 3. Tim Ulbrich's email for financial goal accountability: tulbrich@yourfinancialpharmacist.com Main Points From this Podcast: - How Tim overcame over $200,000 of non-mortgage debt - Most common financial pharmacy pitfalls keeping us away from financial fitness - Where to start: a SimpleSolution to start your money-building momentum - Ways to get clarity when you have multiple sources of debt - The best resource for pharmacy students and pharmacists for scripting your financial freedom Like The Fit Pharmacist on Facebook: www.facebook.com/fitpharmfam Host: Dr. Adam Martin, PharmD, ACSM-CPT, NAMS-CNC www.thefitpharmacist.com www.linkedin.com/in/thefitpharmd www.instagram.com/thefitpharmacist Guest: Dr. Timothy Ulbrich, PharmD www.yourfinancialpharmacist.com https://www.facebook.com/yourfinancialpharmacist https://www.linkedin.com/in/timulbrich/ www.instagram.com/timothyulbrich
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