Scripted Wealth | Money & Meaning for Pharmacists

On this episode, Nate Hedrick and David Bright welcome pharmacist and real estate investor, Tanh Truong, to the show to discuss how and why he got started in real estate investing early in his pharmacy career. Tanh shares how he stays motivated, long and short-term goals, and inspiration for new investors.  Mentioned on the Show Real Estate RPh Rich Dad Poor Dad: What the Rich Teach Their Kids Abo...

Tim Ulbrich welcomes Dylin Redling and Allison Tom, creators of Retireby45.com and authors of two books, Start Your F.I.R.E. (Financial Independence Retire Early): A Modern Guide to Early Retirement and Investing for Kids: How to Save, Invest and Grow Money to the show . Dylin and Allison talk about their FIRE journey and share practical advice and meaningful activities to help teach kids about mo...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Suzannah in the YFP Facebook Group: How can I get rid of a piggyback loan? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Join the YFP Facebook Group  Send in your questions  here  or to  info@ yourfinancialpharmacist.com Disclaimer:  Th...

On this episode, Nate Hedrick and David Bright welcome real estate investing partners, Blake Johnson, PharmD, and Zac Hendricks to the show. Blake and Zac discuss their why behind real estate investing, their networking strategy, and tools and tips they use to run numbers on deals. Mentioned on the Show Join the YFP Real Estate Investing Facebook Group YFP 168: How Blake and Zac Analyze Real Estat...

On this episode, Tim Ulbrich talks with Trey Lowery about his experiences taking a non-traditional path towards residency training. They discuss why Trey decided to go back to complete residency training, how he and his wife were able to make the transition from a six-figure to a resident salary, and financial tips for those going back to do residency or making a job transition.  Mentioned on the...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Stacey in Jacksonville, Florida: How do I correctly contribute to a Traditional IRA and Roth IRA? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists YFP 096: How to Do a Backdoor Roth IRA Why Most Pharmacists Should do a Backdoor Roth IRA Se...

On this episode of the YFP Real Estate Investing Podcast, pharmacist and real estate investor Jared Wonders, joins Nate and David to discuss his experience as a pharmacist and real estate investor with a variety of property and deal types. Jared explains how to get started in real estate, how to know when you are ready for your first deal, and some foundational education for those who are just get...

On this episode, Dr. Sarah Stanley Fallaw, co-author of The Next Millionaire Next Door and founder of DataPoints LLC, a behavioral assessment advisor fintech company, joins Tim Ulbrich to talk about the surprising secrets of those who achieve millionaire status, how psychology and personal finance intersect, and why it is so important to understand your financial behaviors and tendencies.   Mentio...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Keith in Cleveland, Ohio: Is cryptocurrency a good investment vehicle? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Your Financial Pharmacist Tax Services Send in your questions  here  or to  info@ yourfinancialpharmacist.com Disclaime...

Welcome to the YFP Real Estate Investing Podcast! On this episode, hosts Nate Hedrick and David Bright welcome Your Financial Pharmacist co-founders, Tim Ulbrich and Tim Baker to the podcast to discuss what Your Financial Pharmacist is and does, how the financial plan and real estate can work together, at what point a pharmacist might consider getting into real estate investing, and ways to make r...

Welcome to the YFP Real Estate Investing Podcast! On this trailer, you'll meet hosts Nate Hedrick, the Real Estate RPh, and David Bright. Nate and David share a quick introduction of themselves, the mission and why behind the YFP Real Estate Investing Podcast, and what to expect on upcoming episodes.  Mentioned on the Show Real Estate RPh YFP 040: 10 Things Every Pharmacist Should Know About Home...

On this episode, Tim Ulbrich welcomes Nate Hedrick and David Bright, co-hosts of the brand new YFP Real Estate Investing Podcast that is launching on Saturday, April 17, 2021. Tim, Nate, and David talk about the mission and why for the show, who the podcast is for, the content that will be covered, and the guests that will be featured on the show. They also discuss the newest guide developed by Na...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Sally in the YFP Facebook Group: How should I prioritize several financial goals?  Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Join the Your Financial Pharmacist Facebook Group YFP Planning: How It Works Schedule a Free Discovery Call...

On this episode, sponsored by Insuring Income , Tim Baker and Tim Ulbrich break down the key points of the most recent $1.9 trillion stimulus package also known as the American Rescue Plan Act of 2021. Tim and Tim discuss the items that they think are the most relevant to your financial situation and plan, including the stimulus payments, the expansion of the child tax credit, the unemployment com...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Hannah in Coal Valley, Illinois: What apps are good to use to invest in the stock market? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Robinhood Scottrade E*TRADE Vanguard TD Ameritrade Charles Schwab Fidelity Betterment Find Tim Baker...

On this episode, Blair Thielemier, the creator of the Pharmapreneur Academy and the Elevate Pharmacy Summit, joins Tim Ulbrich to talk about ideas and strategies for how to monetize your clinical expertise, including where to start, how to know if you have a good idea and common barriers that pharmacists often have to face and overcome. Blair and Tim also discuss the upcoming Elevate Pharmacy Summ...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Hilary in Madison, Wisconsin: What should I do if my part-time employer isn't withholding federal taxes on my paycheck? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Tax Withholding Estimator Work with a YFP Tax Pro Book a Discovery Cal...

On this episode sponsored by Insuring Income , pharmacist, improv comedian, and motivational speaker, Cory Jenks, joins Tim Ulbrich to talk about how and why he got started with this side hustle, how it has improved his ability to connect with his patients, and how you, as a pharmacist, can apply the valuable skills of improv comedy to create a more adaptable, empathetic, and humanizing healthcare...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from James in Atlanta, Georgia: What happens when I leave my job and I've spent more of my FSA (Flexible Spending Account) than I've contributed? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Send in your questions  here  or to  info@ yourfi...

On this episode sponsored by IBERIABANK/First Horizon , Tim Baker and Tim Ulbrich talk through strategies for saving money for your children's college education. They discuss phases of planning for educational expenses, how to project how much to save, and various options for saving for kids' college including 529s, Coverdell Education Savings Accounts, UGMA and UTMA Accounts, and Roth IRAs.  Ment...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from the YFP Facebook Group: Should I consider investing in a REIT (real estate investment trust)? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Join the YFP Facebook Group Real Estate RPh: Helping Pharmacists Navigate the World of Real Esta...

On this episode, sponsored by Insuring Income , Karine Wong, pharmacist, educator, and entrepreneur, joins Tim Ulbrich to talk about her journey starting My Guiltless Treats. Karine discusses how she uses her pharmacy skills in her entrepreneurial journey, how to determine whether or not a business idea is worth pursuing, why it is so important to have a clear purpose and vision, and why saying 'y...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Manish in San Francisco, California: What are the pros and cons of taking out a 401(k) loan for a down payment on a house? Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Iberia Bank Home Loan: Get Pre-approved and Compare Multiple Lender...

On this episode, sponsored by Live Oak Bank , Nate Hedrick, the Real Estate RPh, joins Tim Ulbrich to discuss considerations for building vs. buying a home, the pros and cons of building, lending considerations when building a home, and common pitfalls when choosing to build a home. Mentioned on the Show Live Oak Bank: Loans and Financial Solutions for Pharmacies   Buy or Refi a Home Real Estate R...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Liz in Lexington, Kentucky: Why did my credit score drop when I made no major changes?  Mentioned on the Show : YFP Planning: Financial Planning for Pharmacists Credit Karma Credit Sesame Annual Credit Report YFP 162: Credit 101 Send in your questions  here  or t...