Scripted Wealth | Money & Meaning for Pharmacists

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 Tessa in Stevens Point, Wisconsin: If I refinance my federal student loans and a Democratic President is elected who wants to forgive all student debt, would those loans still be eligible for forgiveness? Mentioned on the Show: YFP Planning Refinance Your Stu...

Dr. Joey Mattingly, a faculty member at The University of Maryland School of Pharmacy, talks to Tim Ulbrich about a recent article published in the American Journal of Pharmaceutical Education titled Before we talk about student debt cancelation, can we talk about the interest rates? They cover the basics of loan terminology, discuss why lower interest rates would have such a significant impact on...

Welcome to the inaugural episode of Ask a YFP CFP®, a new segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes a question from Andrea in Kansas regarding refinancing her student loans with a cosigner. Mentioned on the Show: YFP Planning Refinance Your Student Loans Protect Your Income Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer:...

Dr. Daniel Crosby, New York Times best selling author, joins Tim Ulbrich to discuss his most recent work,  The Behavioral Investor . As both a psychologist and asset manager, Dr. Crosby provides a fascinating look into the sociological, neurological and psychological factors that influence our investment decisions and provides solutions for how to improve our behavior to be more likely to succeed...

Dustin & Melody Hartzler talk about their healthcare side hustles, how these ventures have accelerated their financial goals, how they balance and prioritize their time, and how they work together as a couple when it comes to business and managing their personal finances. Mentioned on the Show APhA - Use coupon code A19YFP for 20% off your membership! Your Financial Pharmacist Giveaway   Functiona...

Dr. Todd Sorensen, President of the American Association of Colleges of Pharmacy (AACP) and Associate Dean for Strategic Initiatives & Innovation at the University of Minnesota joins Tim Ulbrich on today's episode. They talk through the workforce challenges facing the profession of pharmacy, rising indebtedness, the change.org petition, and Todd's vision for the future of the practice of pharmacy...

Tim Church interviews Dr. Hillary Blackburn about how she's monetizing her personal residence as an Airbnb host. Hillary has been able to earn thousands of dollars each year making this side hustle another consistent income stream for her and her husband.   Mentioned on the Show APhA - Use the coupon code A19YFP for 20% off your membership! YFP 101: How to Get Started with Podcasting w/ Hillary Bl...

Tim Ulbrich talks through 5 ways to finish 2019 strong. These 5 strategies will help you enter the New Year with a sense of momentum and accomplishment, setting yourself up for an awesome 2020. Mentioned on the Show: APhA  - use coupon code A19YFP for 20% off your APhA membership! YFP Planning YFP 119: Ask a YFP CFP® YFP Community Send questions for Ask a YFP CFP®, to info@yourfinancialpharmacist....

Christina Slavonik , CFP® at Your Financial Pharmacist , joins Tim Ulbrich for a new installment of the YFP podcast, Ask a YFP CFP®. Christina answers financial questions from the Your Financial Pharmacist community covering topics such as student loans, investing and the inverted yield curve. Mentioned on the Show CommonBond Your Financial Pharmacist John Oliver YFP Planning Email YFP: info@yourf...

On this week's podcast episode, Tim Ulbrich takes you through an exercise to envision what you would do with an extra $1,000 a month and what steps you could take to make it a reality. Mentioned on the Show CommonBond Ask a YFP CFP - Email Your Questions to:  info@yourfinancialpharmacist.com Freedom Dividend Your Financial Pharmacist Facebook Group Start.: Punch Fear in the Face, Escape Average, a...

Blair Thielemier , PharmD, founder of BT Pharmacy Consulting and creator of the Pharmapreneur Academy, joins Tim Ulbrich on this week's podcast episode. Blair shares about how she unexpectedly lost her full-time job as a clinical hospital pharmacist when she was 6 months pregnant, how she dove into entrepreneurship with MTM consulting, and her three bold predictions for the future of pharmacy prac...

Best-selling author David Burkus joins Tim Ulbrich to talk about the science of networking and how the advice we have been given on how to effectively network needs to be seriously reconsidered and likely thrown out the window. David and Tim talk about his book Friend of a Friend and what the research has to say about a surprisingly simple approach to understanding your hidden networks and how tha...

On this week's episode, Tim Ulbrich and Tim Baker talk through financial considerations for those that find themselves in a financial hardship due to job loss, hours being cut or wages being reduced. With the recent news of some big box pharmacies planning to close stores and cut their workforce and many other employers cutting back hours for full-time pharmacy employees, this conversation of how...

On this episode, Tim Ulbrich and Richard Waithe, the creator of RxRadio , talk through the student loan forgiveness plans proposed by Senators Bernie Sanders and Elizabeth Warren, two of the 2020 presidential candidates. Tim and Richard discuss the details of who would and would not receive forgiveness under these plans and how they would be funded if enacted. They also discuss current loan forgiv...

On this week's episode, Tim Ulbrich welcomes Nate Hedrick, The Real Estate RPh back to the show to talk about the value of homeownership. Tim and Nate discuss whether or not the American dream of owning a home is for everyone, the true costs of home ownership, when to consider renting vs. buying and tips for knowing when might be the right time to purchase a home.  Mentioned on the Show YFP Concie...

D r. Brent Rollins, a pharmacy graduate of Ohio Northern who obtained his PhD in Pharmacy Administration at the University of Georgia and currently serves as a faculty member at Philadelphia College of Osteopathic Medicine, joins Tim Ulbrich on the show. They discuss Brent's personal finance journey, why he cares so much about the importance of educating students on this topic, his unique side hus...

Jared Wonders joins Tim Ulbrich on this week's episode. Jared is a 2012 graduate of the University of Findlay and currently works for the VA remotely doing home health care. Jared and Tim talk about how he and his wife, Jess, aggressively paid off their debt within a few years, how they got started in real estate investing, and how and why they are on the path toward FIRE (financial independence,...

Betsy and Casey Hoida join Tim Ulbrich to talk about their journey paying off $150,000 of student loan debt, why and how Betsy left her secure pharmacy job after completing residency and getting board certification and how they managed to work together to get on the same page financially despite some highs and lows along the way.   Mentioned on the Show YFP Planning YFP Episode 057: The Power of A...

Suze Orman, a #1 New York Times bestselling author on personal finance with over 25 million books in circulation, joins Tim Ulbrich on today's episode. They talk about her most recent book Women & Money: Be Strong. Be Smart. Be Secure and the advice Suze has for pharmacy professionals feeling overwhelmed with their student loan debt and managing their financial plan.  Mentioned on the Show Refinan...

Cameron Huddleston, an award winning journalist with more than 15 years experience writing about personal finance, joins Tim Ulbrich on this week's show. Cameron and Tim talk about her recently released book Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances . Cameron discusses why it is important to have these conversations with your parents,...

Christina Slavonik,  CFP® and YFP Team Member, joins Tim Baker to discuss the student loan grace period and why it's not that gracious. They break down the differences between the grace period, forbearance and deferment and talk through scenarios you can consider when determining your student loan payoff strategy. Mentioned on the Show YFP Planning CommonBond LendKey SoFi Earnest Splash First Repu...

John Kohli, PharmD, joins Tim Ulbrich to talk about his career journey, how he managed to rack up approximately $260,000 of debt despite graduating from pharmacy school with minimal student loan debt, what motivated him to get his financial house in order, and how he hustled to pay off most of this debt within a 2 year period. Mentioned on the Show Refinance Your Student Loans YFP Community

Jamie Leigh Tipton, a new practitioner from North Carolina and owner of Tipton Compounding Pharmacy, shares her journey of starting her own business and the importance of building a strong financial foundation to be able to do so. Jamie Leigh's mom, Janet, also joins the show to talk about her involvement in the family business, how she helped Jamie Leigh graduate debt free and why she has encoura...

Jason Long joins Tim Ulbrich to share how he retired from his retail pharmacy job at the age of 38. Jason dives into what the FIRE methodology is and how he and his wife saved for early retirement. Mentioned on the Show Refinance Student Loans NY Times: How to Retire in Your 30s With $1 Million in the Bank The Trinity Study Jason Long's Blog: after the finish line Mr. Money Moustache: The Shocking...

Montrell Taylor, a P3 student at Howard University, joins Tim Ulbrich to talk about his experience in wholesaling real estate. Montrell shares why he chose real estate investing as a side hustle and how he balances being an entrepreneur with pharmacy school. Mentioned on the Show Policygenius Life Insurance YFP Community YFP 009: Interview with Carrie Carlton APhA Annual Meeting Alex Barker, The H...