Financial Residency

Earlier this year it was announced that people with good credit were going to have to pay a higher interest rate for a mortgage. Doug talks today about where we are with that proposal. You can learn more about host Doug Crouse or request a free copy of his book at www. DougCrouse.com . Links: Have you ever considered a different way of practicing medicine, whether you are burned out, need a change...

Dr. Andrew Wilner is a physician, author and podcast host who has spent most of his career working locums and helping other physicians navigate this space.   He talks today about how to leverage locums opportunities into a rewarding long-term career.    He also talks about how locums can make sense for the new physician, mid-career doc or for the physician looking toward retirement.    You can lea...

Today I want to talk about my one of my favorite topics, which is charitable giving.   Resources:   Money Decisions That Create More Happiness https://financeforphysicians. co/2022/05/19/money-decisions- that-create-more-happiness/   Charitable Giving Strategies To Reduce Taxes with Justin Harvey https://financeforphysicians. co/2020/12/17/charitable- giving-strategies-to-reduce- taxes-with-justin...

Today I just wanna give a quick overview of a little bit of terminology on the lender forms that you're looking at throughout the process. So by that I'm obviously talking about the, fees for when you're shopping lenders. Link to website:  https://dougcrousephysicianloans.com/

I want to talk about saving for you future on today's episode.   Resources:   Are You Saving Enough For Retirement https://financeforphysicians. co/2022/02/03/are-you-saving- enough-for-retirement/   Are You Saving Enough For Education https://financeforphysicians. co/2022/01/20/are-you-saving- enough-for-education/  

There are a lot of questions about side gigs. Today I want to talk about side gigs and address some questions. LINKS: www. ContractDiagnostics.com

Today I want to address a question that came up about an employer not wanting to negotiate a contract. LINKS: www. ContractDiagnostics.com  

If you are going from residency or fellowship to an attending position, you are about to make some major changes. Dr. Tammy and Jon talk about this transition and what you might expect. They explore the gap time between the two jobs, disability insurance, home ownership versus renting, assessing your new position and giving yourself some grace when learning your new role.  Jon is the owner of Cont...

Today I want to talk about tax planning.   Resources:   The First Step To Reduce Your Taxes with David Glenn https://financeforphysicians. co/2020/12/10/the-first-step- to-reduce-your-taxes-with- david-glenn/   Maxed Out My 401k, Now What https://financeforphysicians. co/2022/09/08/maxed-out-my- 401k-now-what/   Can You Max Out Both Your 403(b) and 457(b) Plans? https://financeforphysicians. co/20...

Today I want to talk about a contract we reviewed for a physician. LINKS: www. ContractDiagnostics.com

Today I want to talk about disability and life insurance. Resources:   What Every Physician Should Know about Long Term Disability Insurance With Lawrence Keller https://financeforphysicians. co/2020/09/22/what-every- physician-should-know-about- long-term-disability- insurance-with-lawrence- keller/   What Type of Life Insurance Should You Own? https://financeforphysicians. co/2021/04/22/what-typ...

Today I want to talk about when to start the process for your contract. LINKS: www. ContractDiagnostics.com  

Before you buy a home, your realtor will likely ask you for a letter from your lender to verify that you are qualified to buy the home. Your lender has two options to provide you - a prequalification or a preauthorization letter. Doug discusses the difference between the two and why you might want one over the other based on your circumstances.

Many insurers have made changes to their policies in the last month or two, which may affect Guaranteed Standard Issue policies, unisex rates or automatic increases based on inflation. Larry goes through each of the major companies to talk about these changes. If you have questions about obtaining a disability insurance policy or would like Larry Keller to review what you currently have, you can r...

Today I'm gonna be talking about the second big consideration as you transition into practice and that is student loans.   Why Federal Student Loans Are A Great Bet For Many Physicians With Travis Hornsby https://financeforphysicians. co/2020/10/15/why-federal- student-loans-are-a-great-bet- for-many-physicians-with- travis-hornsby/   Avoid Leaving Money On The Table With Federal Student Loans htt...

Today I want to talk about what some next steps would be for those working on a contract this month. LINKS: www. ContractDiagnostics.com

Schedule a No-cost Triage Meeting With WFP  https://go.oncehub.com/meetWFP   Contracts and Disability: Understanding Your Rights and Protections as a Physician w/ Jon Appino https://financeforphysicians. co/2023/04/18/insurance- policy-for-disabled- physicians-with-jon-appino/   Moving Away From Toxic Work Environments And Into Physician Friendly Practices w/ Dr. Lara Hochman https://financeforphy...

Today I wan to talk about artificial intelligence and what that might mean for health care. LINKS: www. ContractDiagnostics.com

Many banks are updating their requirements and rules regarding physician loans. Doug talks about changes you may see at various banks around the US. He also offers his free book Hippocratic House: Do No Harm When Purchasing Your First Physician Loan to you at www. DougCrouse.com .

In 2020, Lebanon faced a terrible bombing in Beirut that injured and killed thousands. Drs. Noel and Marc Ayoub had strong family ties to Lebanon and wanted to help. Not only were they in residency at the time, but it was also at the beginning of Covid, yet they were able to rally hundreds of healthcare providers to provide critical mental health and health care services to those people in need vi...

Today I talk about using AI to review a contract. LINKS: www. ContractDiagnostics.com

Today's episode is a tough one. We will tackle two of the most important topics in a person's life: Money and parenting. In this episode of "Finance for Physicians", Daniel Wrenne interviews Dr. Adam Broussard and Dr. David Weisenhorn, to dive deeper into the family and money matters that physicians often deal with. Dr. Adam is a practicing pediatric anesthesiologist, husband, father, certified li...

Entrepreneurship is a liberating concept. Outside of the promises of wealth and prestige, being an entrepreneur or cultivating the QUALITIES of an entrepreneur is a blueprint on how to solve problems better and solve better problems. Our guest today is the perfect example of that. Ernesto Gutierrez, MD is a practicing physician/entrepreneur with an extensive track record of success behind his back...

Today Jon talks about a contract he recently helped a physician with, on renegotiating her terms. LINKS: www. ContractDiagnostics.com

Doug talks about putting down earnest money. Can you get that money back at closing? Can you apply it to fees associated with your loan, such as paying for taxes, insurance or an appraisal? What if I have gift money from family or a credit from the seller? Be sure to listen to today's episode to find out! For a free copy of Doug's book on buying a home, go to www. DougCrouse.com .