The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education

All about Illiquid Investment When the market is going through one of its many highs and lows, it seems like everyone has something to say. However, what you might not hear a lot about are illiquid investments—assets that may be hard to sell quickly and can take time to turn into cash. If you are unfamiliar with illiquid investments, you've come to a good place.   In this episode, Dave talks about...

How can inflation be best combatted? Inflation can be a real pain. It eats into the value of the money that you have in your wallet, and due to this, it reduces the spending power of your hard-earned cash. In other words, inflation brings about erosion in the value of a currency against other goods and services, reducing its worth over time. But do not let inflation get you numb, for it is somethi...

Considering a medical office building investment? When you purchase an income property, your investment income and cash flow can be more predictable. This is hard to find in today's market. Plus, if you are a physician who owns his or her own practice, you know how important it is to be financially secure. Today’s podcast is dedicated to helping doctors and other healthcare professionals find the...

Are you interested in generating income streams through franchising? Our guest for today, is a consultant, investor, author, and international speaker specializing in the area of non-food franchising.  He serves as CEO of FranBridge Consulting where he helps clients understand all aspects of franchising in the process of introducing them to opportunities from the over 300 high-growth brands that h...

Hints for Financing College Education Financing education can be one of the most daunting parts of starting college. Many students are concerned with the cost and wonder how they will pay for school.  Fortunately, this episode gives you hints and options available to help you make college affordable. Listen to this Episode, as Dave talks about: 10 Secrets to Financing a College Education  Best boo...

Understand the concept of asset allocation Asset allocation is a method of diversifying a portfolio by spreading investments among different asset categories. The idea behind this strategy is to paint with a broad brush while maintaining an overall risk management strategy.   In this Podcast episode, Dave talks about… Financial Planning Elaborating Asset Allocation What is a Risk Tolerance Questio...

What to expect in the first meeting with a financial advisor? The first meeting with a financial advisor is an evaluation. It's like meeting a new doctor: the advisor has to decide what to report, what recommendations to make, and how you will be diagnosed. In this Podcast episode, Dave discusses… The 4 basic steps to prepare when you meet with a financial advisor What are the important things to...

Investing in the stock market can be a bit intimidating. If you’re feeling anxious about the market, we have a few tips to help keep things in perspective. Listen to this Bonus episode to know more. In this episode, Dave talks about… Potential investment opportunities today What is S&P 500 all about? All Cap Global Index, Bond index, Corporate Bond Index Highest and Lows for the year when it comes...

What is the best way to choose a financial advisor? Selecting a financial advisor isn't easy. Like choosing a medical doctor, finding a financial advisor requires interviewing people to determine the best fit for your needs and personality.  Although there may be many qualified professionals in your area, you need to find one that is someone you can trust and with whom you can relate. Some financi...

We love to talk taxes, we love to talk about debt. Our next guest has experience in all of those things. He is known as "America's Money Answer Man!!!" He has been doing this for over 35 years. He has written for Money Magazine for 18 years, was an analyst for NBC News for 9 years. He has also written 14 books including Fast Profits in Hard Times, Master your Debt, and The Ultimate Guide to Studen...

Are you burnt out, sick of not having time for your family, and feel underpaid? Then you will love our next guest! He graduated from the Mayo Clinic in 1999 ready to conquer the world. Working as a family physician in Southern California, he truly enjoyed medicine but wanted something else in life. In 2003, an event occurred that really spurned his life and drastically changed his direction that I...

Hello Friends!  Welcome back to the Freedom Formula for Physician's Podcast, the podcast dedicated to helping you slash your debt, slash your taxes, and live a liberated lifestyle. We also have the mission of trying to create a hundred new physician multi-millionaires.  Let's get right into it, shall we?  In this podcast episode today, you will: Discover what the top 5 financial books for doctors...

Hello Friends!  Welcome back to the Freedom Formula for Physician's Podcast, the podcast dedicated to helping physicians get to be multi-millionaires, and of course dedicated to helping you slash your debt, slash your taxes, and live a liberated lifestyle.  I'd like to kick off this episode with a huge THANK YOU to each and every one of you.  It just means so much for you to take time out of your...

My name is Dave Denniston. Welcome back my friends to the latest episode of The Freedom Formula for Physicians Podcast. In this podcast, we’ve interviewed experts of all kinds- debt, burnout, real estate, and taxes. Our next guest is someone who comes from the healthcare field, and on June 30th- stepped away from the hospital system after 20+ years.  He really had this desire to give providers a f...

This is the final episode for Season 6, so I would like to thank you, my friend, for being with me along the journey. So, with this episode, I would like to share with you some updates to my Financial Experiment in which you will get a lot of ideas on how I improved my finances for the past years.    In this Podcast, you will… Be updated to Dave’s Financial Experiment last 2021 Listen to his story...

I’ve been investing in tax liens for a year now and I’m really happy with the results I’ve been able to generate. I have a lot of ups and downs that I will share with you in this episode, so if you are interested in Tax Liens, listen to my adventure & maybe you can pick tips and lessons along my way.   In this episode, you will… Gain insight into my adventures in Tax Liens & Portfolio — Stock, Bon...

Hello, my friends. How's your first month of 2022 so far? I am happy and glad to see you in our new episode today about  BUSINESS LESSONS AND TIPS... Maybe a lot of you have started a business or planning to have one, soon. So I make this episode for you to listen to because it will encourage you in entrepreneurship and you can get a lot of tips that you can use now and in the future.   In This Po...

Today’s episode is full of adventure stories and more learning because… Our guests today are the co-founder, the managing partner at Energea, which is a renewable energy company and investment company. And they've been around for about a year. He's one of the largest commercial and industrial solar firms in the US before he sold a company called Green skies renewable energy in 2017. He is someone...

Welcome to Freedom Formula for Physician Podcast!   HAVING A HEADACHE ABOUT SLASHING YOUR TAXES? Then this episode, I have someone who can give you tips on how to solve your tax problems. He is a gentleman who is a former Marine Corps sergeant who has 20 years of successful business op ownership, high level consulting, and he founded a company called Peak profit solutions where their goal is to he...

Hello, my friend! This is the first month of 2022 and It’s great to see you here. I hope you can continue to make it a habit to listen to each episode this year, for you to keep learning & have the information that you need. Well, I am honored to have another guest here with us to talk about his experiences as a physician as well as some of the stuff he does for a side hustle. He is an MD. He is a...

  “CHANGING LEAVES, CHANGING SEASON” First of all, I would like to thank you, my friends, for being here with me for this whole journey and for your never-failing support of our podcast. 2021 gives me a lot of lessons and experiences that made me to where I am today, and I hope that you, guys also grow and learn while listening to our past episodes. In this episode, I have an exciting announcement...

Welcome to Freedom Formula for Physician! Well, I have the pleasure of having a gentleman with me who at a very young age, had the desire to purchase a small business and he discovered the world of SBA financing and ended up buying a business that got a million-dollar-plus loan at age 19. Without family money or connections and done it several more times since and is now educating people through h...

In the last week's episode, we talked about Understanding Social Security which is kinda related to this Episode. I suggest listening to the last episode, so you can understand more about our topic today. Click here for Episode 15 - Understanding Social Security In this podcast, you will... • Gain understanding about the SOLUTIONS to Social Security • Explore more about FICA taxes & Medicare taxes...

Why Social Security is Important? According to ssa.gov , the purpose of Social Security is to provide material needs of individuals and families, to protect aged and disabled persons against the expenses of illness that otherwise use up their savings, to keep family together, and to give children the chance to grow up healthy and secure. Social Security is the most important source of U.S retireme...

“The best investment on EARTH is EARTH” is a saying of widely known real estate investor and philanthropist, Louis Glickman.  When do you want to start to invest? Not just from real estate or business, but also to yourself?  Do you ever wonder why you are still in the same position even if you are working so hard to get out of your situation? Then maybe you have to evaluate and upskill yourself. L...