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®, takes this question from Eric in Hoffman Estates, Illinois: Is my brokerage account portfolio allocated appropriately? Mentioned on the Show: YFP Planning Book a Free Financial Planning Call with a YFP CFP® YFP 72: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions  YFP 73:...

Adam Minsky, an attorney devoted to helping student loan borrowers and a Senior Contributor to Forbes, joins Tim Ulbrich on today's episode. Adam talks about the student loan proposals that do and do not have momentum including The HEROES Act recently passed by the House, and what you should expect going forward as it relates to your own student loan repayment plan. Mentioned on the Show Take 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 Brad in Detroit, Michigan: How do I consolidate retirement accounts? Mentioned on the Show: YFP Planning Book a Free Financial Planning Call with a YFP CFP® Send in your questions  here  or to  info@ yourfinancialpharmacist.com Disclaimer:  This podcast is intend...

Rena Crawford, a PGY2 resident living in San Diego, California, joins Tim Ulbrich on the show. Rena took matters into her own hands after realizing how high the cost of living is in San Diego, especially on a resident's salary, and came up with a creative solution: to buy and renovate an old van for $7,000 and live in it. Rena dives into the details of living in a van, her dreams of attaining fina...

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 an anonymous YFP community member: What options do I have to access 401(k) funds if my spouse gets laid off or my hours get cut? Mentioned on the Show: YFP Planning Send in your questions  here  or to  info@ yourfinancialpharmacist.com Disclaimer:  This podcast i...

Dr. Nick Hagemeier joins Tim Ulbrich to talk about an article he and his colleagues published in the American Journal of Pharmaceutical Education titled Student Pharmacists' Personal Finance Perceptions, Projected Indebtedness Upon Graduation, and Career Decision Making. They discuss the history of student loan debt in pharmacy education, Nick's experience teaching personal finance to pharmacy stu...

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 Beth in Sioux Falls, South Dakota: What is a federal income tax holiday and what considerations should pharmacists make if the HEROES Act passes? Mentioned on the Show: YFP Planning HEROES Act Proposed Legislation File Your Taxes with YFP Send in your questions ...

Tim Church talks about the release of his new book, The Pharmacist's Guide to Conquering Student Loans: How to Confidently Choose the Best Payoff Strategy That Saves You the Most Money .  This book is available for a special preorder until May 7 which includes exclusive bonuses like free shipping, discounted pricing and a free Conquer Loans t-shirt (with certain packages).  Mentioned on the Show T...

Welcome to Ask a YFP CFP®, a new segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Maliha in Dublin, California: Should I use a home equity loan to pay off my student loans? Mentioned on the Show: YFP Planning Refinance Your Student Loans YFP Facebook Group Send in your questions  here  or to  info@ yourfinancialpharmacist.com Disclaimer: ...

Tim and Andria Church join Tim Ulbrich to talk about their journey paying off $400,000 of debt in 5 years. They share their motivation behind such an aggressive repayment strategy, how they paid it all off and their plans now that they are debt free. Mentioned on the Show Refinance Your Mortgage with Credible Refinance Your Student Loans First Republic

Welcome to Ask a YFP CFP®, a new segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Calvin: Should I pay on my federal loans while my payments are suspended due to the CARES Act? Mentioned on the Show: YFP Planning File Your Taxes with YFP Ally Bank YFP 146: COVID-19: Financial Considerations Refinance Your Student Loans  Send in your questi...

Jenny and Myke White join Tim Ulbrich to share their journey into real estate investing. They talk about why they feel like real estate investing is a good fit for them, how they got financially ready to purchase their first property, the good and the bad of owning an investment property and future goals they have for building their portfolio. Mentioned on the Show YFP Planning BiggerPockets Rich...

Welcome to Ask a YFP CFP®, a new segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Kristin in Fort Smith, Arkansas: What investment options are available if I don't have a 401(k) option with my employer? Mentioned on the Show: YFP Planning Send in your questions  here  or to  info@yourfinancialpharmacist.com Disclaimer:  This podcast is int...

Phillip Beach, Director of Pharmacy at Arkansas Continued Care, talks about his career journey, his path toward financial independence, and the start of the Harper Faith Foundation, a 501(c)3 non-profit that was founded in memory of his daughter Harper Faith Beach who was born with hypoplastic left heart syndrome (HLHS). Mentioned on the Show YFP Planning Phillip Beach on LinkedIn Seven Figure Pha...

Things are changing on a daily basis secondary to COVID-19. In these unprecedented times, there are a lot of financial concerns people are likely having. On this episode sponsored by APhA, Tim Baker, CFP® answers questions about investing, the uncertainty of work and student loans. Mentioned on the Show Join APhA - Get 25% off Your Membership with Code: YFP2020 YFP Planning CARES Act APhA & YFP: F...

On this bonus episode, Tim Ulbrich and Robert Lopez, CFP ® dig into the stimulus bill which was passed by the Senate on March 25. Although it's not a done deal yet, Robert and Tim discuss how six months of not paying on direct federal student loans could affect your financial game plan and what you need to know about the stimulus checks.  Mentioned on the Show: File Your Taxes with YFP YFP Plannin...

Samm Anderegg is on a mission to fix healthcare through his company DocStation. DocStation a software platform for healthcare teams, enabling pharmacists to provide value-based care to patients. Samm talks about his shift from a traditional career path to starting his own company and how his work with DocStation aligns with his vision for the future of pharmacy practice. Mentioned on the Show Refi...

Levi Ellison, PharmD, shares how he and his wife paid off $214,594.55 of student loans over 17 months. Levi talks about the motivations behind such an aggressive repayment strategy, how they were able to do it and what they hope to accomplish now that they are debt free. Mentioned on the Show PolicyGenius Total Money Makeover by Dave Ramsey EveryDollar I Will Teach You to Be Rich by Ramit Sethi Co...

Stephanie Roberts, PharmD joins Tim Church to share how she went from full-time pharmacist to full-time mixed media artist after an Instagram influencer shared her pill petri art and made it go viral. Mentioned on the Show Credible Mortgage Refinance Art by Stephanie on Instagram  Win Stephanie's Art: Your Financial Pharmacist on Instagram Eli Lilly Justin Gaffrey Things I Bought and Liked

Welcome to Ask a YFP CFP®, a new segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Sarah in Milton, West Virginia: What should I do with the extra money I have each month after paying off a home loan? Mentioned on the Show: YFP Planning Refinance Your Student Loans CommonBond First Republic Student Loan Refinance Table Refinance Your Mortga...

Dr. Adam Martin joins Tim Ulbrich on the show to discuss his most recent book 'Gen-Z Pharmacist: Dominate Pharmacy School & Script Your Dream Career'. Mentioned on the Show Refinance Your Student Loans The Fit Pharmacist Healthcare Podcast   Gen-Z Pharmacist: Dominate Pharmacy School & Script Your Dream Career by Dr. Adam Martin Follow The Fit Pharmacist on Instagram Law of Attraction: The Science...

Welcome to Ask a YFP CFP®, a new segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Maria: What advice do you have for first-generation college students who want to build wealth but also have families that depend on them to contribute financially?  Mentioned on the Show: YFP Planning AACP Graduating Student Survey: 2019 National Report YFP 1...

Steven Chung, tax attorney, joins Tim Ulbrich to discuss about a recent article he published titled 'Student Loans Can Be the Homewrecker in A Marriage.' Steven also talks about tax considerations as it relates to couples and why it's so important to communicate this information. Mentioned on the Show YFP Fellowship - Virtual Group Financial Planning Student Loans Can Be the Homewrecker in A Marri...

Ask a YFP CFP® #14: How much should I withhold from my paycheck?  Welcome to Ask a YFP CFP®, a new segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from James in Atlanta, Georgia: How much should I withhold from my paycheck?  Mentioned on the Show: YFP Planning IRS Tax Withholding Calculator   SmartAsset Paycheck Calculator File Your Taxes with...

Ryan Chaw, clinical pharmacist and real estate investor, joins Tim Ulbrich on the show. They talk about how Ryan was able to accelerate his financial goals through real estate investing and how he went from zero rentals and zero rental income to $10,755 per month from 18 tenants in four years. Mentioned on the Show YFP Fellowship - Apply Today! Seven Figure Pharmacist by Tim Ulbrich, PharmD and Ti...