Financial Residency

It has been said before that "you are the average of the five people you spend the most time with." Do you choose your friends wisely?  What if I told you that the relationship your friends have with money impacts your personal finance decisions, too? In this episode, we will discuss how the intersection between our friends and their finances plays a crucial role in our success with money. Make su...

We've delved into the 3 Kinder Questions on the show before. But, now, we explore something else that's pretty neat with George Kinder himself. Have you heard about the 7 Stages of Money Maturity? No? Let's help you bridge that gap. Find the companion article: https://financialresidency.com/relationship-with-money Take control of your finances with our free financial audit checklist.

What do you say? Can money really buy you happiness? There are two sides of this coin and, in order to know which side to call, you'll first want to know when/how money affects your overall perspective.  The Physician Philosopher and I discuss the details here.  Make sure to subscribe to get our free templates!

Keeping secrets has damaging psychological effects and aren't probably the best thing to do. In this show, we'll hear what other financial professionals think are the biggest money secrets people keep. Make sure to subscribe to get our free templates!

Have you ever focused on one investment that has lost money while ignoring your other investments? Or sold winning investments instead of the losers just so you didn't have to accept the loss?  How do you behave when it comes to decision-making? Do you spend a long time thinking over every single decision? Are you sometimes afraid of making the wrong decision?  Answers to the questions can help yo...

I bet you've wondered about whether you should spend vs. invest as a doctor. You wouldn't be the only one. I hear it all the time much like the listener who sent in his question about income allocation. So, for this show, let's break it down.  Take control of your finances with our free financial audit checklist.

Have you ever thought about what influences your decisions? Are your choices based on your own mindset--or other factors?   Let's dive into different personal finance topics and the behavioral aspect that makes them even more, well... personal ! Make sure to subscribe to get our free templates!

How much do you think you should invest in to your kids' future? And, on the flip, how much should we expect private schools should cost? We know college is expensive and that many of you have questions… just like this listener who sent in his. Take control of your finances with our free financial audit checklist.

Is there a best time for a loan modification? Or a mortgage refinance, perhaps? There are several programs, new rates, and best case scenarios you should be considering. Check out this episode to learn more.  Take control of your finances with our free financial audit checklist.  

We discuss how to earn cash with medical surveys and as a medical expert witness. Dr. John Ramey tells us how it's done in this show.  Make sure to subscribe to get our free templates!

We discuss what physicians need to know about healthcare in their retirement stages of their career. While Roger Whitney and I realize that this is a heavy topic to talk through, we know it's an important one for our FIRE loving community. Make sure to subscribe to get our free templates!

You may have heard of physician mortgage loans, but weren't quite sure how they worked - and if they would even be an option for you. Who exactly are these loans good for and how are they different compared to conventional mortgages? Find out here:  https://financialresidency.com/physician-mortgage-loans To gain access to the How Much Home You Can Afford download referenced in the show, click here...

Knowledge and networking are just a couple of basics Robert Farrington says that anyone wanting to start their own online blog should have in their sights. While he shares his first-hand experience of trial and error, his determination to make millions from his blog came true but only after realizing what he was in for with the side gig. Make sure to subscribe to get our free templates!

Estate planning isn't usually at the forefront of anyone's mind. I get it. But, let's get real for a second. You need to think about your family and loved ones after an event of you no longer being around. You don't need all the bells and upgrades for an estate plan. You do, however, need the basics. In this solo show, I share details about estate planning at a high level. To gain access to the Es...

Finding yourself in a bit of a financial pickle? Our guest has a truly relatable story to tell about overcoming financial mistakes. Bill Yount shares what he did to achieve FI in 3 to 5 years, even after creating a financial firestorm. Take control of your finances with our free financial audit checklist.

Frankly, it's easy to make a knee-jerk decision to quit… but when it comes down to the fear of the unknowns, you might be channeling unaddressed energy that causes you to continue down a path that might not be the best suited. The mindset shift involved in strategic quitting happens when you discover what your ideal life looks like says my guest, Dr. Lynn Marie Morski. Make sure to subscribe to ge...

Being a time-sensitive subject on disability insurance, this is such an important topic for all of you. There is a lot of confusion and activity going on in the marketplace, so the updated information given to us by Larry Keller of Physician Financial Services is pure gold.    Make sure to subscribe to get our free templates!

We discuss healing doctors from burnout by simplifying how they go about their day to day. Dr. Taylor Brana comes on the show to share the very methods he uses to stay ahead of the life-game, even while in residency. Jump start your financial residency with these free resources !

The numbers and letters may be a bit confusing when it comes to retirement plans. However, we cover two main things in this show to simplify things a bit. Employer sponsored plans like 401k/403b and 458 and individual Plans. Small business plans will be covered next time! Take control of your finances with our free financial audit checklist.

So many physicians are making a ton of mistakes with their finances. And those pesky student loans… the mistakes could fill a full page bleed. Join Jan Miller as he shares the best pointers for handling your debt. Jump start your financial residency with these free resources !

Mistakes are sometimes unavoidable. But when it comes to your contract, you're more than likely better off knowing where to prevent them from happening in the first place. Kyle Claussen gives a head's up on the open doors for potential mistakes. Make sure to subscribe to get our free templates!

What does patience have to do with anything money related? Everything! In this episode, Nick True says that our happiness, success, and our thought-processes revolve around our ability to be patient. However, throwing money into the mix really makes things more complicated. Take control of your finances with our free financial audit checklist.

It may be difficult to have discussions about money as it is. But it becomes even more challenging when you pair that with the people who raised you. Cameron Huddleston says that you need to have these important conversations sooner than later. Her reasons why will having you planning out your next steps. Take control of your finances with our free financial audit checklist.

Emotional intelligence quotient is the ability to be aware of your emotions as you experience them. The Inspired Dentist says that the more we're aware at the time of making choices, the better choices we make.  Take control of your finances with our free financial audit checklist.

A Budget Allows Your Money Work for your Goals You've probably had an experience with a budget in the past which didn't work the way you intended. It can feel frustrating and constricting, and usually it won't last very long. But by incorporating your goals and priorities into the creation, your budget can become an essential tool in your financial management plan. Take control of your finances wi...