Financial Residency | The money lessons you never received in medical school-logo

Financial Residency | The money lessons you never received in medical school

Business & Economics Podcasts >

More Information

Episodes

16 Rewarding Ways to Invest In Real Estate

9/25/2018
More
Dr. Peter Kim chats on how physicians can invest in real estate and ensure their return is worth it! Bringing his “giant list of 16” on investing in real estate, he curates the conversation by laying out realistic and rewarding ways to bring more money into the pockets of hard working physicians. Some topics revolve around money lending, property ownership, and fix and flip. Keep calm and read on right here: https://financialresidency.com/podcast/16-rewarding-ways-to-invest-in-real-estate

Duration:00:43:50

Financial Freedom for Physicians in 3, 2, 1 Go!

9/18/2018
More
Andy Hill from Marriage, Kids, and Money turns the dreaded B-word into the much anticipated F-word… (oh wait – that sounds bad). Talking budgets and financial freedom here. In this very wholesome episode, we bring up the expenses that tend to creep up on our families, money talks with our spouses, and “brainwashing” the kids to do their chores so they can buy what they want. Want more? Check out the blog: https://financialresidency.com/podcast/financial-freedom-for-physicians-in-3-2-1-go

Duration:00:44:30

The Golden Answer to "Pay Down Debt or Invest" with White Coat Investor

9/14/2018
More
Your finances are dependent on your actions and those actions are dependent upon the knowledge you acquire. White Coat Investor brings this concept to us in the form of his notable “Live Like a Resident” philosophy—which most of us find really hard to do. Open your spreadsheets (jk, don’t!) and listen how living like a resident will do you more good than not down the road. Want more? Check out the blog: https://financialresidency.com/podcast/the-golden-answer-to-pay-down-debt-or-invest

Duration:00:33:33

14 Days to Jumpstart Your Financial Residency

9/12/2018
More
PT Money is in the houuuuse! PT, aka Philip Taylor, is not your average blogger. He’s more like your ultimate money nerd with a gold chain and in this episode, he shows us why! Are you ready to jumpstart your financial residency in 14 days? Yeah, you are. Let’s go! Want full access to the 14 days jumpstart guide? Check out the show notes: https://financialresidency.com/podcast/14-days-to-jumpstarting-your-financial-residency

Duration:00:36:26

Stretch Your Stash! How to Make Your Money Go Further

9/10/2018
More
A big deal in the world of finance, Joe Saul-Sehy, the creator and co-host of the Stacking Benjamins show, joins me for this bangin’ Season 2 opener! With his wife being a pediatrician and with twins rummaging around, he’s the perfect person to talk pinching pennies for the sake of stacking some Bens. Literally. In this episode, Joe talks about stretching your stash. Check it out here: https://financialresidency.com/podcast/how-to-make-your-money-go-further

Duration:00:52:10

How to Balance Your Time Versus Money to Live a Richer Life

6/27/2018
More
Do you know what you want in life so you aren’t spending money trying to impress people who might out-impress you tomorrow anyway? Keeping up with the Joneses is a true trap for physicians, and the likelihood of knowing that’s true for you and/or your peers is unfortunately really high. Maybe it’s time to understand why this is an important lesson to learn right now wherever you are in your financial journey. To gain a solid perspective on how to balance your time versus money, the...

Duration:00:39:59

How to be a long-distance landlord and a good one at that!

6/5/2018
More
What happens when you put the right systems in place to help you manage properties from a distance? A well-developed business emerges that’s what happens. As a long-distance property manager of rental units in California, Mike is a steward for good business practices and discusses why this venture requires careful consideration of all of its working parts. In this episode, we’ll explore some of Mike’s best and worst experiences as a long-distance landlord and what he does to avoid the shock...

Duration:00:43:24

This Is the Ultimate Guide to Multifamily Investing

5/29/2018
More
It’s no secret that delving into the multifamily investment space will place your investor bucks in the right places. The secret is placed, however, in understanding the ins and the outs of starting on this path, including the risks involved, effectively vetting the market, and pursuing successful financial structures. This is where this content, self-dubbed The Ultimate Guide to Multifamily Investing, comes in. It will provide you with awesome advice sure to help you begin this journey with...

Duration:01:08:44

This Is Why You Should Manage Personal Finances Like a Business

5/15/2018
More
Do you know why you should manage your personal finances like a business? If you’re listening to this podcast, you are more than likely very in tune with your finances. Or, perhaps, you may just be beginning to understand how important they are. Whatever your journey, people like Eric Rosenberg, Host of the Personal Profitability Podcast, make the process oh-so-much easier to understand. Your confidence level in running your personal finances like a business will skyrocket before you know...

Duration:00:48:27

Marriage and Money Dates: How to Improve Your Finance Drive

5/8/2018
More
Bust out your spreadsheets and go on a money date! I’m kidding. I’m usually nerd-ing out on budgets and estate planning documents, but I’m not going to kill the money mood talking about that. Money dates are anything but drab, like what budgets are for some. They are a “fun and relaxed” way to connect with your partner on your finances and an opportunity to revisit what you both are working towards as a unit. In this episode, I’m given the honor of talking to Elle Martinez, Creator and...

Duration:00:48:29

This is What It’s Like to Be a Short-Term Rental Landlord

5/1/2018
More
A good friend of mine, Dr. Dave Draghinas, is a Frisco-based anesthesiologist who finds himself plunging into the many facets of physician side-gigs. He hosts his own podcast called Doctors Unbound to bring incredible “unbound” physician stories to the limelight. A side-gig of his, subsequently a passive income stream, is managing short-term rentals using the Airbnb platform. Are you curious about being a short-term rental landlord? Check out Dr. Dave’s top tips for doing Airbnb the right...

Duration:00:40:49

Curbside Consult with Larry Keller – April 2018

4/24/2018
More
Physician term insurance and disability insurance are important topics for our audience-- important enough that I decided to have a lingering dialogue about it following our last episode for this Curbside Consult. We continue the conversation with Larry B. Keller, founder of Physician Financial Services, this time to answer questions polled by my Facebook groups, Physician Finance and Financial Residency, regarding term, disability, and supplemental insurance for physicians. Questions...

Duration:00:32:44

Winning Tactics for Finding the Right Insurance Policy with Larry Keller

4/18/2018
More
Insurance is a tricky subject affecting residents, fellows and attending physicians, and it’s most likely a topic you are challenged with today. With many options available, it can be hard to decipher which policy selection is the best fit for you and your family. If you are in the market for insurance policies, you will get to learn about the various facets of term insurance and disability insurance. We also give you the scoop on the discounts available to you, but not necessarily offered...

Duration:00:42:49

The Top 3 Mistakes Physicians Make With Their Taxes, with Craig Cody

4/3/2018
More
CPA and tax expert Craig Cody and I discuss the top 3 mistakes that physicians tend to make on their taxes. For more information, visit the show notes at https://financialresidency.com/podcast

Duration:00:28:59

Student Loan Curbside Consult with Travis Hornsby

3/29/2018
More
Travis Hornsby from StudentLoanPlanner.com is back to answer several questions from listeners about how to handle their student loans. For more information, visit the show notes at http://financialresidency.com

Duration:00:49:08

3 biggest mistakes physicians make with their student debt with Travis Hornsby

3/27/2018
More
Student loan expert Travis Hornsby and I discuss the 3 biggest mistakes that physicians make with their student debt. For more information, visit the show notes at http://financialresidency.com

Duration:00:21:49

How to Crush Your Student Loan Debt with Robert Farrington

3/13/2018
More
Student loan debt expert Robert Farrington and I answer 5 listener questions, helping them understand their options concerning their student loans and hopefully inspiring all of you to get organized and take control over your finances. We discuss in detail the best student loan forgiveness program available for physicians, public service loan forgiveness (PSLF) as well as our opinions on when you should look at refinancing out of the federal loan program. In this show we answer: Vivek...

Duration:00:41:39

How to Eliminate $500,000 of Debt as a Physician with Dr. Cory Fawcett

3/6/2018
More
Whether you are going for public service loan forgiveness or looking to pay down your mortgage, Dr. Cory Fawcett has some great insights on how to tackle all of your outstanding debt. We discuss how he went through a major mindset shift that allowed him to crush $500,000 of his own debt in less than 6 years. I appreciate his honesty and openness of how he incorrectly approached his own debt early in his career and how he was able to right himself and eventually eliminate all of his debt...

Duration:00:46:29

How To Make The Most Of Your Health Savings Account

2/27/2018
More
Shobin Uralil, COO and Co Founder of Lively (http://livelyme.com/financialresidency), and I discuss in depth what is an HSA and who qualifies for an HSA. If you have a high deductible health plan (HDHP), you could qualify to open an HSA, which could be used as a great financial planning tool for healthcare related costs in retirement. Shobin and I tackle the terminology that you need to know to understand what are HSA qualified medial expenses and what is covered under a health savings...

Duration:00:36:39

Curbside Consult – February 2018

2/23/2018
More
Time to answer listener questions about HSA’s, 529’s and investing. Enjoy! If you have a question keeping you up at night and would like to be featured on the podcast, go to https://financialresidency.com/podcast and record your question today. Dan asks: My wife and I want to save money for a home and we aren’t sure how much we need to save. Do you have any tips for how to save for a down payment on a house? Victor asks: Looking into investing for my child’s education. What are your...

Duration:00:29:59