Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, Money

This episode features Dr. Tarang Patel, who is a diagnostic radiologist and host of the Dr. Money Matters Podcast. We discuss financial challenges faced by healthcare professionals, especially doctors, who often lack financial education and face increased loan burdens and decreased self-employment opportunities.  Dr. Patel emphasizes the need for good financial education and habits, and shares his...

**Apologies in advance for any audio disruptions you may encounter in this show. We experienced technical difficulties and are actively working to fix it before our next episode!   In this episode, Dr. Disha and her husband dive into a recap of Episode 12 featuring the remarkable journey of Dr. Stephanie Pearson. The focus is on Dr. Pearson's incredible transformation from a medical career to insu...

Dr. Stephanie Pearson, a former OB-GYN who suffered a career-ending injury, discusses her journey of navigating disability insurance claims. She shares her personal experience of battling a torn labrum, a frozen shoulder, and the emotional toll of being denied coverage for work-related injuries. Dr. Pearson's determination to educate and advocate for physicians' disability insurance needs led her...

Despite having COVID, Dr. Disha proceeds to recap the previous Baby Steps, which involve achieving financial milestones like paying off debts, investing, and building emergency funds. Baby Step 8 involves saving for children's college education, potentially buying a house, and considering various investment options. Dr. Disha encourages her listeners to make intentional decisions, seek professiona...

Special thanks to our Title Sponsor, MedicalExpertWitness.com – helping you build your medical expert witness agency.  —---- The episode covers Baby Step 7 in the financial journey. It starts with a recap of the previous steps, which include protecting loved ones through insurance and estate planning, saving up a starter emergency fund, investing, paying off debt, and maxing out retirement account...

Special thanks to our Title Sponsor, MedicalExpertWitness.com - grow your expert witness practice today! —---- This story recounts a near-drowning incident of a three-year-old in Dal Lake, nestled in the Himalayas. Saved by a shikara rower, the experience teaches her the importance of not panicking during a crisis. Fast forward, she uses this lesson to conquer her massive debts as a physician, pay...

Special thanks to our Title Sponsor, @PearsonRavitz – Life, Disability, and Long-Term Care Coverage for a secure future.  —---- We're STILL on Baby Step 5 - Max Out All Tax Protected Space! In this episode, Dr. Disha continues with the 8 Baby Steps of financial independence, discussing asset allocation and building an investment portfolio. She emphasizes the importance of passive index investing a...

Special thanks to our Title Sponsor, @PearsonRavitz – Life, Disability, and Long-Term Care Coverage for a secure future.  —---- We're on Baby Step 5 - Max Out All Tax Protected Space! In this episode, Dr. Disha discusses the importance of maximizing tax-advantaged retirement accounts. She explains the concept of compound interest and how it can contribute to long-term wealth building. Dr. Disha al...

Special thanks to our Title Sponsor, PearsonRavitz , empowering physicians to protect their income. —---- The episode covers Baby Step 4, which focuses on paying off high-interest debt. It highlights the negative impact of high-interest debt on cash flow and wealth building. Listeners are encouraged to identify their debts and their interest rates, with credit card debt being a significant concern...

Special thanks to our Title Sponsor, PearsonRavitz – Safeguarding the futures of physicians with disability insurance.  —---- Building upon her last episode where she covers Baby Step 1: Protect and Baby Step 2: Starter Emergency Fund, Dr. Disha offers her insight on Baby Step 3:  Start Investing and Game Plan Student Loans in episode 5.  Managing student loan debt, investing for the future, and b...

Special thanks to our Title Sponsor, Set for Life Insurance – Life, Disability, and Long-Term Care Coverage for a secure future.  —---- Dr. Disha talks about the first baby step for physicians, which is to protect their loved ones with insurance. Dr. Disha shares a personal story about how she learned the importance of this step the hard way. Her father struggled with mental illness and took his o...

Special thanks to our Title Sponsor, Set for Life Insurance – Life, Disability, and Long-Term Care Coverage for a secure future.  —---- Dr. Disha reveals the path to financial freedom through 8 tailored baby steps designed specifically for physicians. She emphasizes the importance of transforming our mindset, distinguishing between assets and liabilities, eliminating high-interest debts, and embra...

Special thanks to our Title Sponsor, Set for Life Insurance – Life, Disability, and Long-Term Care Coverage for a secure future.  —---- In this episode, Dr. Disha interviews her husband, Josh Spath, an IT project manager with a background in the US Army Signal Corps. Josh talks about his passion for technology and how it has always been his hobby and interest. He also shares his upbringing, where...

Special thanks to our Title Sponsor, Set for Life Insurance – Life, Disability, and Long-Term Care Coverage for a secure future.  —---- Five years ago, Dr. Disha reached a breaking point in her career. She was overwhelmed, burnt out, and feeling pulled in multiple directions without making progress in any of them. Determined to change her life, she took a hard look at her financial situation and d...

In the debut episode of the Finding Financial Freedom Podcast with The Frugal Physician, Dr. Disha Spath takes you on an exciting financial adventure to revolutionize your relationship with money. As a full-time practicing internal medicine physician and a first-generation immigrant, Dr. Spath shares her personal journey of overcoming financial challenges and transforming her financial situation....