Financial Residency

My better half, Tay, and Steve Crawford of the Advice Movement co-host this short, but impactful show weaving the tips from Aussie financial planners to our American physician colleagues. Which piece of advice resonates with you most? Ready for the book?! We are! Sign up here to be the first to know when our first book drops for pre-sale! www.financialresidency.com/book  

There are tons of ways to generate passive income. Real estate is one of them. But here's the catch... it may not be as passive as you think. Here's what I have to say in response to this listener question from Greg.  Oh wait - did you know our book is coming out April 2nd? Sign up here to get the scoop when it releases! www.financialresidency.com/book  

Our guest, Dr. Una, who you might have heard on her podcast, EntreMD, is a big believer that if you can't deal with uncertainty, then entrepreneurship is going to be really hard.  Being a business owner myself, I know the struggle is real when it comes to doing your own thing and crafting a life on your terms… well, somewhat. Check out the show with Dr. Una and me. I know you'll love it. But real...

New year, new you, new way of handling your finances? That's cool unless you have no clue where to start. Here are a few tips to get you smooth sailing through 2020. Wait, wait, wait... if you're here, that means you like us. Don't just stop on by for the show every week (even though we love you for it), but subscribe to be on our email list. You know you wanna: www.financialresidency.com/subscrib...

The word hope sounds great, doesn't it? Even though hope is awesome to have, it doesn't drive the action behind completing a goal. Action is what we do and it's what we don't do, but happiness, fear, and the topic of this show, hope… are all feelings.  Feelings, while amazing at constructing sporadic follow-through, promote a lack of focus. Ain't nobody got time for that. Katrina Ubell MD of the W...

Getting organized is like doing a work up. You can't help your patients without doing an assessment, lab work, and following up. The same goes with your finances. There is much you should do to get those in order... it begins with getting organized.  Need a little help with getting your finances in tip-top shape? Sign up for an immediate download of the Getting Organized Checklist right here: http...

The Physician Philosopher and I are diving into how to batch your personal finances so that you get the biggest bang for your buck while limiting the amount of time you need to put into it. Financial planning shouldn't be something you dread doing or something that takes you so much time that you can't enjoy life. I love today's show because of its practical tips for how to maximize your time. 

This host of the amazing, award-winning Afford Anything Podcast is well known for her real estate ventures and coaching in that space, but I love the other side that we don't get to see as much of, and that is her philosophies around why we do the things we do. So excited to bring on Paula Pant. Enjoy as she helps us discover the motivations behind making solid decisions around both money and life...

People don't necessarily like setting goals, but let's not ruin it for those who do. Do you know the difference between a SMART goal and a light, fluffy-airy thing you try to shoot for? Not really? Let's fix that, shall we? The Physician Philosopher and I define SMART goals and give you 10 examples of the ones you should be planning on achieving [at some point].  Want a fee-only financial planner?...

Money apps that you could use? I'm excited to jump and talk about the tech behind making our money work for us. And who do I have to help us do that? Tom. Tom Drake is the founder and writer behind MapleMoney. He's super knowledgeable in essential apps for our finances and their amazing resources. In this show, we talk about investing apps, budgeting apps, and ways to make money on different apps....

The Physician Philosopher and I are back at it for our Wednesday "segment". We will be discussing the how and why on creating a personal finance curriculum. Since Jimmy is building this at Wake, I thought this would be more of an interview-style format where we can find out what he is doing and how you might be able to get something like this implemented at your hospital. Love the podcast? Be sure...

Sometimes life just happens. What we learn over time is that while life changes, your finances don't have to suffer. What to do? There's plenty, but Lacey Langford, blogger at The Military Money Expert, reviews 8 ways to prepare for an unexpected transition. For more information, visit the show notes at https://financialresidency.com/prepare-your-finances-for-a-transition

Have you struggled with burnout or moral injury as a physician?  Have you ever considered leaving the field completely? What if I told you that the work-life balance you are looking for isn't as far away as it seems. The Physician Philosopher and I run through Partial FI.  Like the show? Find the Physician Finance Community on FB to mingle with other docs who understand what it means to take perso...

"It gets better..." Remember that saying in training? While fear is based on a collection of experiences, our next guest says, it can also be an access point to bliss. Akshay Nanavati, a Marine Vet and the most interesting man in the world (in my opinion), helps us see that with the right perspective, we can drastically change our circumstances. For more information, visit the show notes at https:...

You've heard of him from his podcast, Docs Outside the Box and have grown to love his stories over the time his podcast has been on air, especially the one about Nii and his wife (also a doc) accumulating a mountain of debt. Coming from a blue collar background, they both navigated how to go about chasing FI while rising out of the money-grave. For more information, visit the show notes at https:/...

Leaving residency with $160k of student loan debt, Dr. Cathy Caroll realized that there wasn't much left over on her paycheck. After paying exorbitant taxes, childcare, and other lifestyle expenses, something had to change and fast. Enter… locums. Jump start your financial residency with these free resources !

No matter what business model, service model, or compensation model an advisor has, it creates a conflict of interest with the client. Why does this affect physicians? There are many reasons. The Physician Philosopher and I talk about what those are.  Make sure to subscribe to get our free templates!

Lots of physicians prefer FIRE. But there are plenty of reasons that The Physician Philosopher and I don't. Do you know why? We give you several reasons in this show.  Be sure to stay tuned with what we have going on by subscribing to get our free templates!

In his own pursuit of work/life balance, Dr. Andrew Wilner shares what it means to use Locums Tenens as a means to supplement income and have a happy life. Now having been working Locums for 40 years, he has been able to assure that he never had to face burnout again. Take control of your finances with our free financial audit checklist.

What do you think the correlation is between burnout and money? Your relationship with money might have something to do with it. Your feelings surrounding it can have a huge impact on your well being.  Ryan and I believe that money can be used money as a tool. Used right, it will allow you to have financial independence. But financial independence might be different for you. Take control of your f...

We walk through Coach Carson's 4 different approaches to real estate. Which of the 4 would you nerd-out on? Make sure to subscribe to get our free templates!

The idea behind the Pareto principle is that for many things 80% of the results come from 20% of the work. This is true in personal finance, too.   Today's show will walk you through some of the salient points found in the book that made the all-important cut to be in the 20% you need to know! Take control of your finances with our free financial audit checklist.

We dive in to student debt repayment programs and how physicians should be able to take advantage of PSLF even in an uncertain economy. When it comes to the uncertainty of what's to come… Ben White has the scoop. Jump start your financial residency with these free resources !

When making financial decisions it can be disastrous to follow the herd. When it comes time for you to create your budget, investing, and long term financial goals, it's definitely time to choose your own path and deal with due diligence! The Physician Philosopher and I are back at it for our Wednesday "Segment". We will be discussing Herding Mentality.  Take control of your finances with our free...

In today's market, it might not be the easiest decision to narrow down your investment choices. You just don't know what you don't know, right? David Stein cares about making sure we're comfortable making decisions that impact your portfolio. In this show, he explains why. Take control of your finances with our free financial audit checklist.