Scripted Wealth | Money & Meaning for Pharmacists

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a member of the YFP Facebook Group: How does the investment feature on my HSA account work? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Join the Your Financial Pharmacist Facebook...

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, get into the spirit of Halloween and share spooky real estate stories from three former YFP Real Estate Investing Podcast guests. Links Mentioned in Today's Episode YFP Real Estate Investing 76: Short Term Rental Market Update with Rachel Gainsbrugh YFP Real Estate Investing 77: "Figuring Out" Solutions to Investing Nightmare...

Kim Newlove, founder of The Pharmacist's Voice and host of The Pharmacist's Voice Podcast, shares how and why she started her business in 2017, how she pivoted from her initial service and business idea, and what myths as a business owner she has found to be untrue.  Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Julia: Should I purchase additional life and disability insurance policies if we're expecting our first child soon? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Insurance for Pharma...

Manale Maksour, a pharmacist and real estate agent, shares her story and provides insight into why a real estate agent is one of the most important people to have on your real estate investing team. Links Mentioned in Today's Episode Never Split the Difference: Negotiating as if Your Life Depended on It by Chris Voss  Email Manale Maksour: manaleprettyhome@gmail.com AZPrettyHomes.com YFP Real Esta...

YFP Co-Founder & Director of Financial Planning, Tim Baker, CFP®, RLP® is joined by YFP Planning Lead Planners, Kelly Reddy-Heffner, CFP®, CSLP®, CDFA®, and Robert Lopez, CFP®, to discuss selling a pharmacy and leaving a legacy before transitioning into retirement.  Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Brian: Should I buy a new car if my plan is to aggressively pay off my student loans quickly after graduation? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Turo Send in your questio...

Jim Carmichael, a commercial real estate broker, entrepreneur, and podcaster, joins Nate Hedrick and David Bright to discuss common fears about the current real estate market, predictions for the next six months, and considerations for current investors or those contemplating investing. Links Mentioned in Today's Episode Wall Street: U.S. housing market to see the second-biggest home price decline...

Dr. Frank McCabe discusses his career in pharmacy and how he teaches financial principles as a preceptor and parent. Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD Bankrate Email Your Financial Pharmacist:  info@yourfinancialpharmacist.com Your...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a recent Lunch and Learn: What can I do if I already cut expenses in my budget but it's still not enough? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning 19 Ways to Make Extra Money as...

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, dive into three strategies for getting started in real estate investing with limited cash. Links Mentioned in Today's Episode YFP Real Estate Investing 53: Understanding and Vetting Syndications with Senate Eskridge Join the YFP Real Estate Investing Facebook Group YFP Real Estate Investing 10: Getting Started Through House H...

Sarah Adkins, PharmD, discusses how and why she started a non-profit pharmacy, why giving and philanthropy are a core piece of her financial plan, and how pharmacists can get involved using their expertise to help others. Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Happy Money: The Science of Happier Spending...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a recent YFP webinar: Should I refinance my higher interest rate federal loans? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Special Update: Student Loan Announcements from the Bide...

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, share their experiences with four real estate investing nightmares and how they figured them out. Links Mentioned in Today's Episode YFP Real Estate Investing 76: Short Term Rental Market Update with Rachel Gainsbrugh Join the YFP Real Estate Investing Facebook Group YFP Real Estate Investing Your Financial Pharmacist Disclai...

In the fourth episode of the four-part series on retirement planning, Tim Ulbrich, PharmD, and Tim Baker, CFP®, RLP®, discuss how to build a retirement paycheck.  Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning YFP 272: How Much Is Enough? (Retirement Planning) YFP 273: Alphabet Soup of Retirement Accounts (Retire...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Sean Richards, CPA, takes this question from a member of the YFP community: Are there any tax implications on my paycheck if I cash out my vacation or sick days?  Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Send in your questio...

Nate Hedrick and David Bright welcome Rachel Gainsbrugh back to the show for an update on her real estate journey. They discuss Rachel's recent appearance on "Buy My House" on Netflix, short-term rental market forecasting for the near future, shopping for lenders, and how to determine if a short-term rental will work in your market. Links Mentioned in Today's Episode YFP Real Estate Investing 07:...

In part three of the four-part series on retirement planning, Tim Ulbrich, PharmD, and Tim Baker, CFP®, RLP®, explain why it's critical to evaluate how much risk you are able to stomach versus how much risk you should take to achieve your long-term savings goal and considerations for setting asset allocation in alignment with your risk capacity.  Links Mentioned in Today's Episode YFP Planning: Fi...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a recent YFP webinar: How can I balance paying back my student loans and buying a home? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Three Strategies for Buying a House with Student...

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, answer the question of whether or not the BRRRR method remains a viable investment strategy for real estate investors today.  Links Mentioned in Today's Episode Join the YFP Real Estate Investing Facebook Group BiggerPockets YFP Real Estate Concierge Service YFP Real Estate Investing Your Financial Pharmacist Disclaimer and D...

Tim Ulbrich, PharmD, sits down with Tim Baker, CFP®, RLP®, for the second part of the four-part series on retirement planning. Together they discuss the alphabet soup of retirement accounts including commonly used vehicles for accruing a nest egg.  Links Mentioned in Today's Episode YFP 272: How Much Is Enough? (Retirement Planning) YFP Planning: Financial Planning for Pharmacists Schedule a free...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a member of the YFP community: Where do I begin with buying and selling stocks?  Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning The Index Revolution: Why Investors Should Join It Now...

Claude Condo, RPh, shares how he transitioned from a pharmacist looking for passive income to an expansive commercial property investor while maintaining a fulfilling career in pharmacy. Links Mentioned in Today's Episode Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki Rich Dad Real Estate, Stock Trading and Personal Financ...

YFP Planning Lead Planners Kelly Reddy-Heffner and Robert Lopez dig into the recent student loan announcements from the Biden Administration including the extension of the administrative forbearance, student loan debt cancellation, updates to the Income Driven Repayment Plan, and what you can do now while you wait for more information to be released.  Mentioned on the Show:  The Your Financial Pha...

Tim Ulbrich, PharmD, sits down with Tim Baker, CFP®, RLP®, to discuss how much you need for retirement in part one of the four-part series focused on retirement planning. Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Join APhA - Get 25% Off Your Membership with Code: YFP YFP 253: YFP Planning Case Study #1: Grow...