Scripted Wealth | Money & Meaning for Pharmacists

Blake Johnson and Zac Hendricks talk about how they joined forces to build a successful real estate portfolio and investment strategy. They talk about their individual roles when investing in properties, the make-up of their current portfolio, and why they chose to focus on real estate investing. Blake and Zac lay out all the secrets on how to analyze real estate deals and break down the numbers o...

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 Lindsay in Wisconsin: What are the pros and cons of using an escrow account? Mentioned on the Show: YFP Planning Send in your questions  here  or to  info@ yourfinancialpharmacist.com Disclaimer:  This podcast is intended for educational purposes and should not b...

David Bright, a pharmacist, pharmacy educator and real estate investor talks about why he views real estate investing as an important part of his financial plan, how he got started in real estate investing, and key real estate investing terms and concepts. Mentioned on the Show Compare Multiple Lenders and Refinance Your Mortgage with Credible BiggerPockets BiggerPockets Real Estate Investing Calc...

Tim Baker and Tim Ulbrich talk all things negotiation. They discuss what it is, where it can be used, why it's important to your financial plan, the goals of negotiation and tips and strategies for different parts of the negotiation process. Mentioned on the Show YFP Planning Never Split the Difference: Negotiating as if Your Life Depended on It by Chris Voss SHRM (Society for Human Resource Manag...

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 Nicole from Philadelphia, Pennsylvania: Should I contribute to a Roth IRA during residency? Mentioned on the Show: YFP Planning The Pharmacist's Guide to Conquering Student Loans by Tim Church, PharmD Send in your questions  here  or to  info@ yourfinancialpharma...

On this week's podcast episode sponsored by HPSO, Tim Church joins Tim Ulbrich to talk about the ins and outs of a Health Savings Account, how an HSA fits into a financial plan and why he is choosing not to use his HSA to pay for medical expenses. Mentioned on the Show Get Professional Liability Insurance with HPSO YFP 019: How do Health Savings Accounts (HSA) Fit Into a Financial Plan? YFP 073: H...

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 Ansley in Cincinnati, Ohio: What do I do with the funds in my 401(k) after leaving a job? Mentioned on the Show: YFP Planning Send in your questions  here  or to  info@ yourfinancialpharmacist.com Disclaimer:  This podcast is intended for educational purposes and...

Tim Ulbrich and Tim Church debate the pros and cons of paying cash versus financing a car purchase. Mentioned on the Show Take the Financial Fitness Test My Top 10 Financial Mistakes  YFP 047: Best Practices for Buying a Car Edmunds.com Kelley Blue Book True Car Ramit Sethi Dave Ramsey Robert Kiyosaki YFP Planning Book a Free Discovery Call With One of YFP's CERTIFIED FINANCIAL PLANNERS ™

Ask a YFP CFP® #30: What are my options for private short-term disability insurance? Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Robert Lopez, CFP®, takes this question from Christine: What are my options for private short-term disability insurance? Mentioned on the Show: YFP Planning Get a Life or Disability Insurance Quote in 2 Minutes   Send in...

Tim Ulbrich and Tim Baker talk about investing beyond the 401k or 403b and break down the traditional IRA, Roth IRA, HSA, SEP IRA and taxable/brokerage accounts and discuss their contribution limits, how to appropriately use them and the advantages and disadvantages of each. Mentioned on the Show Join APhA- Get 25% Off Your Membership with Code: YFP2020 YFP Planning Seven Figure Pharmacist  by Tim...

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Robert Lopez, CFP®, takes this question from Kaitlin in Columbus, Ohio: Do I make too much to contribute directly to a Roth IRA? Mentioned on the Show: YFP Planning YFP 096: How to Do a Backdoor Roth IRA Why Most Pharmacists Should Do a Backdoor Roth IRA Send in your questions  here  or to  info@ yourfin...

Tim Ulbrich and Tim Baker, CFP® dig into credit, a not so exciting but incredibly important part of the financial plan. They talk about what makes up a credit score, the impact of good (or poor) credit, how to find and interpret your credit score, the difference between hard vs soft credit checks and how to protect your credit. Mentioned on the Show YFP Planning AnnualCreditReport.com YFP 159: 5 L...

Ask a YFP CFP® #28: Why have interest rates gone up on my federal student loans? 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 Christian in Arkansas: Why have interest rates gone up on my federal student loans? Mentioned on the Show: YFP Planning National Student Loan Data System (NSLDS) The Pharmacist's Gui...

Cameron Huddleston, award winning journalist and author of Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances joins Tim Ulbrich to talk about five key financial lessons to teach your kids. Mentioned on the Show The Pharmacist's Guide to Conquering Student Loans by Tim Church, PharmD Mom and Dad, We Need to Talk: How to Have Essential Conversati...

Ask a YFP CFP® #27: Should I continue contributing to my 401(k) if my employer is no longer offering a match? 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 Erin in Virginia: Should I continue contributing to my 401(k) if my employer is no longer offering a match? Mentioned on the Show: YFP Planning YFP 072:...

On this week's episode, sponsored by HPSO , Nate Hedrick, The Real Estate RPH, interviews two pharmacists, Shelby Bennett and Bryce Platt, about their home buying experience. Shelby and Bryce recently worked with Nate via the YFP Real Estate Concierge Service to craft a plan and connect with a local preferred agent to buy their first homes.  Mentioned on the Show Get Professional Liability Insuran...

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 Danielle in Newnan, Georgia: Which mortgage term is best?  Mentioned on the Show: YFP Planning IberiaBank Pharmacist Home Loan Compare Mortgage Refinance Lenders with Credible Send in your questions  here  or to  info@ yourfinancialpharmacist.com Disclaimer:  Thi...

Tim Ulbrich shares his recent experience refinancing his primary residence. He talks through the numbers, how he determined the breakeven point, the rationale for refinancing and 5 lessons learned along the way.  Mentioned on the Show Compare Mortgage Refinance Lenders with Credible YFP 139: Should Your Refinance Your Mortgage  IberiaBank YFP 136: The Ins and Outs of a Pharmacist Home Loan YFP 154...

Ask a YFP CFP® #25: What do I do if my credit score dropped because of the automatic student loan forbearance? 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 Andrea in Minnesota: What do I do if my credit score dropped because of the automatic student loan forbearance? Mentioned on the Show: YFP Planning Send...

Mike Corvino, clinical pharmacist and creator of CorConsult Rx, joins Tim Church on this week's podcast episode to share his unique journey in pharmacy, how he built his side hustle, and how he's persevered through challenges along the way. Mentioned on the Show PolicyGenius - Shop for Life and Disability Insurance CorConsult Rx on Instagram CorConsult Rx Podcast   RxRadio The ONE Thing: The Surpr...

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 Matt in Iowa: What is the best timing for contributions when doing a backdoor Roth IRA conversion? Mentioned on the Show: YFP Planning Why Most Pharmacists Should Do a Backdoor Roth IRA YFP 096: How to Do a Backdoor Roth IRA Book a Free Financial Planning Call wi...

Tom Arasz, a YFP team member that leads the Script Your Budget service for YFP financial planning clients, joins Tim Ulbrich on this week's episode. Tom talks about why the budget is so important, tips and tricks for effective budgeting and the spending and saving trends he has observed during the past few months with the COVID-19 pandemic. Mentioned on the Show YFP Planning

Tim Church, YFP student loan guru, talks about all things student loan refinancing. Tim discusses what refinancing is, how it differs from consolidation, the benefits, the potential drawbacks, what to look for when choosing a company, and whether or not borrowers should refinance while the CARES Act is in place. Mentioned on the Show The Pharmacist's Guide to Conquering Student Loans by Tim Church...

Tim Baker talks through what professional liability insurance is, why it's important, who needs it and what to look for when shopping for a policy. Mentioned on the Show Get Professional Liability Insurance with HPSO Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD YFP Planning YFP 044: How to Determine Your Life Insurance Needs YFP 045: How to Determine Your Disability Insura...

Tony Umholtz, a Mortgage Manager for IberiaBank, discusses the impact COVID-19 is having on the housing market, the current landscape for those purchasing or refinancing a home, and the role of the Professional Loan Program (aka the Doctor's Loan). Mentioned on the Show 5 Steps to Getting a Home Loan Apply for Pharmacist Home Loan with IberiaBank YFP 136: The Ins and Outs of a Pharmacist Home Loan...