Scripted Wealth | Money & Meaning for Pharmacists

YFP Co-Founder & CEO, Tim Ulbrich, PharmD, welcomes back to the show Ashlee Klevens Hayes & Chris Cozzolino, two pharmacists and entrepreneurs. Together, they discuss the new book Ashlee and Chris have co-authored: 'Own Your PharmD, Own Your Career: Real Life Advice from 50+ Pharmacy Leaders and Influencers.' Key Points From This Episode Introduction and a brief background about today's guests. Th...

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 D'Yana in Atlanta, GA: How risky should I be with my investments at age 34? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Schedule a free Discovery Call with YFP Planning Send in your questions  here  or to  info@ yourfinancialphar...

Nate Hedrick and David Bright discuss three key approaches for finding and purchasing real estate investment properties in a low inventory market.  Key Points From This Episode Nate and David discuss the current trends in the market. Reasons for difficulties experienced with inventory currently. Peace of mind working with a realtor can give you. How having a great team does not always protect from...

Nate Hedrick, The Real Estate RPh, and co-host of the YFP Real Estate Investing Podcast , discusses evaluating online home listings, why open houses exist, how real estate agents get paid, and how the home buying concierge service he developed can help first-time homebuyers.  Key Points From This Episode The resources that prospective buyers can use to search for homes. Nate gives us an outline of...

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 James in Bellingham, WA: What is an Exchange Traded Fund (ETF) and how does it compare to a mutual fund? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Send in your questions  here  or to  info@ yourfinancialpharmacist.com Your Fina...

Paul Hinckley, PharmD, CSPI, makes his second appearance on the podcast, sharing his most recent rental portfolio growth and best practices for success in partnerships for long-term rental investments. Key Points From This Episode An introduction to Paul Hinckley and his professional background. The motivation behind Paul's decision to scale his real estate portfolio. How Paul was able to find the...

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 walk you through a financial planning case study on growing a family, paying off student loans, and buying a house. Key Points From This Episode Introducing YFP Lead Planners , Kelly Reddy-Heffner and Robert Lopez.  Descr...

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: Is non-PSLF forgiveness an option for a non-retail pharmacist? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group Your Financial Pharmacist Webinars L...

Todd Strumpfer, a senior account executive at Cost Segregation Services, Inc., discusses depreciation, its importance in real estate investing, and why pharmacist real estate investors should consider cost segregation services for their properties. Key Points From This Episode Welcome to Todd Strumpfer, senior account executive at Cost Segregation Services, Inc. What depreciation is from a tax sta...

Emlah Tubuo, the owner and pharmacist in charge at Powell Pharmacy & founder of Emlah Naturals, a pharmaceutical-grade supplement line, shares why she decided to start her own business, the challenges she has had to overcome in starting and running a business, and how she defines personal and professional success. Key Points From This Episode  Emlah's professional background and training.  How Eml...

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 should we handle money the kids get considering their 529 accounts are well funded? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group The Opposit...

Senate Eskridge, a professional real estate investor, talks about what real estate syndication is, how it works, and what a professional real estate investor looks like.  Key Points From This Episode Introduction and brief outline of today's show. We find out more about Senate's professional background. Benefits that investors will get when working with Senate in real estate. Skillsets and persona...

Nate Hedrick and David Bright, co-hosts of the YFP Real Estate Investing Podcast, share their top tips and strategies for getting started in real estate investing.  Key Points From This Episode  An update from David and Nate regarding their coaching program.  The importance of having a strong personal financial foundation.  How to break down real estate investing.  Categories best suited for first...

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 Andrew in the YFP Community: What is tax loss harvesting and when/how should this strategy be used? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists The Snowball: Warren Buffett and the Business of Life by Alice Schroeder Send in your...

Nate Hedrick and David Bright reflect on the past year, what they have learned, and share six considerations for making an offer and getting the deal. Key Points From This Episode Reflections on a year of this podcast and the growth that our hosts have seen.  The common theme that pharmacists are detail-oriented and risk-averse. Today's topic: how to avoid analysis paralysis and get started in rea...

YFP Director of Business Development, Justin Woods, PharmD talks about 10 takeaways from more than 50 discovery calls he's conducted, where he has had a close look at the financial goals and concerns of pharmacists across the country. Key Points From This Episode What YFP Planning has to offer clients and what discovery calls are. Why people feel guilty about their financial situation when seeking...

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 the YFP Facebook Group: Should I invest in my company 401(k) given my limited hours and associated fees? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group YFP 208: Why Minimizing Fees O...

Dr. Louisa Wolowiecki discusses her entrepreneurial journey, her 'life by design' mindset, and some hard and fast rules for real estate investing as a pharmacist.  Key Points From This Episode Jumping right in with Dr. Wolowiecki's varied pharmacy career. Becoming a pharmacist in a time when it was a much more male-dominated field. What drew her to entrepreneurship and the low-risk low-barrier way...

YFP Co-Founder and Director of Financial Planning, Tim Baker CFP®, RLP®, talks about the three silent killers of your investment pie and how to keep your investment portfolio fit. Key Points From This Episode An introduction to today's topic. The importance of including tax in your financial plan. How tax permeates all parts of your financial plan. Tim Baker shares some of his experiences regardin...

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: Where should I start investing if I have disposable income available? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group YFP 072: Investing Mind Trick...

Nate Hedrick and David Bright do a deep dive into real estate investing spreadsheet analysis, covering how to analyze a property with different angles, strategies, and methods. Key Points From This Episode The advantages of a simple starting point when investing. Highlights of the current success of the 'None to one' course. The focus of today's episode: financial planning for real estate investin...

Robert Lopez, CFP® and YFP Planning Lead Planner, discusses the current state of the PSLF program, plus three pharmacists share their PSLF success stories. Key Points From This Episode Introducing today's topic: the PSLF success stories of three pharmacists. A reminder of who Robert Lopez is and his role at Your Financial Pharmacist.  An overview of the first and second half of the show and what w...

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: Can I contribute to my Roth IRA if I'm over the income limit this year? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group Send in your questions  her...

Drew Wiard, The Flying Investor, discusses his prolific success in real estate investing, scaling from single family homes to multi-million dollar syndication deals. Key Points From This Episode Jumping in with Drew Wiard's background and real estate career. He shares the 'why' behind his prolific success. The stepping stones that took him from one house to multifamily syndicated deals. The focus...

YFP Co-Founder & CEO, Tim Ulbrich, PharmD, talks about ten common financial mistakes that pharmacists make. Key Points From This Episode The number one mistake on our list: paying too much interest on your student loan debt. Tim shares the way to shift your mindset away from the 'monopoly money' feeling.  Diving into student loan strategy and the different buckets to consider.  Talking about servi...