Financial Residency

Do you know where your returns come from when you invest in farmland? If you think your investment will only pay you back in apples, then this episode is for you. Ryan talks with Artem Milinchuk, the CEO of Farm Together, to separate the risks from the benefits of this slow but steady investment that could help make your investing portfolio a bit more recession proof.   Are you tired of dealing wi...

Ryan is extremely excited to talk with his guest, Mike Michalowicz, the entrepreneur, speaker, and author of Profit First. These two geek out over why businesses need to stop stealing from their profits and make sure you run your business (and your personal life!) like a well oiled machine. If you're ready to flip your thinking about how to save money, then this episode is for you! This is one of...

After receiving countless questions from the community about real estate syndications, Ryan brings back the expert, Dr. Cathy Carroll MD CFA, to clarify the top questions regarding real estate syndication. Unsure about where to start? Concerned about the risks involved? Well, you better get comfy because we are going to answer all your questions!   If you need an objective, transparent, and educat...

Searching for a dream job can feel like finding the needle in a haystack. Even if you don't know what your dream job looks like, there are steps you can take now to help create this vision. Ryan brings back the boss, his wife Dr. Taylor, to talk about the criteria she had when finding and creating her dream job.    If you are looking to reduce your burnout, improve your satisfaction in life, and c...

Credit card companies are great at creating perks to entice people to sign up for a new card. While the rewards may be useful, many people actually get into serious credit card debt or miss payments that crush their credit! The debt accrued trying to attain those rewards ends up negating these perks all together. Ryan provides a brief overview on credit card reward programs, and what you need to k...

To some, a credit score is just an illusive number that we have little control over. Credit scores are more than just a number though! They show lenders our financial behaviors and can affect our ability to borrow. Ryan helps break down what your credit score is, why it's so important, and how people improve it. If you want to learn how to reclaim at least 3 hours per week of time, then be sure to...

It's easy to put your head in the sand and work on just your goals, but Dr. Bo Bogopane wants to talk about why communication helps us see what's happening in our community. As a father of three, Dr. Bogopane believes in starting difficult conversations that help educate ourselves and others. Ryan is always a proponent of inclusivity, and wants to use his platform to promote Dr. Bogopane's message...

Ryan talks with Kelly Ross, a teacher for the amazing software You Need A Budget, on starting a budget and how they can be a powerful connection to our emotional and financial health. Being married to a doctor herself, Kelly knows the struggle of making money last from graduation to the first paycheck and beyond. Ryan is a huge proponent of this platform and has even implemented YNAB's teachings i...

Ryan speaks with Carter Malloy, CEO of AcreTrader on a different way to invest in real estate, by owning farmland. Ryan's a big fan of the platform, having invested himself into a few farms in the past year, and he is very excited to have Carter come speak to us about the ins and outs of making this investment and why it could be a good investment for diversifying your portfolio.    If you are int...

Today is all about what you need to know and understand in the tax space! Ryan has two amazing individuals on the show that work with him over at Physician Tax Advisors, John McCarthy and Kelly Hurd. They will also be covering what is coming up with Biden's changes to his tax policies.    Don't forget to reach out to Ryan, Kayse and the team at Physician Wealth Services by going to  www.financialr...

It's important to understand the difference between asset location strategy and asset allocation strategy. Coming up with a good asset location strategy starts with understanding how different asset classes are taxed. Ryan nerds out a bit here, so be warned that you're likely to learn quite a bit you didn't know when it comes to investing and how taxes play an important role in your investment str...

Ryan and John McCarthy, CPA extraordinaire, break down everything you need to know about the 5000+ page bill that just passed for a new stimulus package. Hear from the financial professionals how much you'll be potentially receiving this time around and how this package will be the same and different. 

Ryan and Taylor revisit some of their life planning by working through a new exercise called the airport test. Unfiltered and unrehearsed, see how these conversations can take place, the framework of the exercise and how it will not only help your finances but probably improve your marriage as well. Because let's be real, that might be the best investment you ever made!   Do you have a financial l...

Insurance is like hedging your bets against the gamble of life. Physicians (my wife included!) are constantly pitched products like whole life insurance. I just couldn't take it anymore so am listing out some of the most common lies that you will hear whole life insurance agents say. If you need insurance coverage (life or disability) or even an independent agent to review your whole life policies...

Back by popular demand, Taylor joins Ryan on the show to discuss some tips on how to plan for the holidays from a financial standpoint. This isn't just your save all year or don't buy anyone gifts type message, there are some real actionable tips to rock the holidays (even if you forgot to plan ahead!) PS: Taylor said we can't use the dreaded "B" word in the title or you won't listen to it. Let's...

Not everyone needs to work with a financial planner, but for those that do, it might be tough to figure out when the "right time" is and even who should you actually hire. Ryan takes a deep dive into the who, what and when is the right time (and type!) of financial planner to help you navigate your financial goals. If you still don't have a financial plan, spend the $25 and build your own plan by...

Many of you have been asking me where I have been hiding Taylor! She is out of hiding and going to be hanging out with me today. We'll be talking about personal finance, things going on in our lives and our community, and really despite all the things happening in the world today that there is just a lot to be thankful for! Don't miss the FIRST EVER $50K Financial Residency scholarship being offer...

While your schedule is insane and unpredictable, you want to know your advisor is always going to make decisions with your best interest in mind. But how could you know if your financial advisor is doing exactly what you need for your portfolio? These are the things you should consider.  Want to be a lucky recipient of a $5000 scholarship? Be one of 10! Financial Residency has partnered with a fou...

A few in the community asked about retirement options for w2 employees, the thinking behind our 50/25/25 rule, the power of HSAs, and Roth IRAs. Have a question too? Head over to www.financialresidency.com/question  to record your questions and get them answered on the show! 

We're so encouraged to have our community ask us their financial questions. Have one yourself? Call and record it at  www.financialresidency.com/question  and we'll feature it on an upcoming show! The Physician Philosopher's Alpha Group Coaching Experience is closing tonight, 11/2, at midnight! Don't miss out on your opportunity to live your best life. Sign up here:  www.financialresidency.com/ACE

The Physician Philosopher found out the hard way that life coaching was necessary. In this FB Live replay, Jimmy explains the reasoning other physicians find their way to life coaching themselves. Join Jimmy's free webinar:  www.financialresidency.com/tppwebinar Enroll in the course: www.financialresidency.com/ACE

Brought first to our FB Community called Physician Finance, John McCarthy, Co-founder of Physician Tax Services, Kayse Kress, Director and Partner at Physician Wealth Services, and I talk about year end tax planning and financial planning to dos. Maybe you missed it? Join us as we revisit these topics. Be sure to join The Physician Philosopher's webinar on curbing burnout and discovering the life...

For the entire month of October, we're doing something a little bit different. We're bringing your questions on air about the topics you tell us are important to you. Emergency funds, deferred spending, physician home loans, and the debt snowball method. And! If you have a question for yourself, call in here  www.financialresidency.com/question  to get it featured in an upcoming show. Check out th...

All month, I'm answering listener questions from our community. If you have a question, I'd encourage you to go to www.financialresidency.com/question  and get yours featured on air. If we miss you this round, don't worry. We're always looking for ways to get you the answers you need and could feature yours on future shows as independent segments.

There's something super special happening for our audience and the physician audiences of several other podcasts. We've kept a tight lid on this one because with COVID, we weren't sure what the landscape looked like for other creators. I'm excited to reveal that Financial Residency, Dr. David Draghinas of Doctors Unbound, in addition to other shows like Private Practice Matters and The Physician's...