Wealth Minded MD

Student loan repayment has changed dramatically in 2026, leaving many borrowers unsure of what to do next. You may have received notices about switching repayment plans, felt overwhelmed by the new options, or wondered how these updates could affect your financial future. In this episode, we break down what the end of the SAVE plan means, how PAYE, IBR, and the new Repayment Assistance Plan (RAP)...

The end of the academic year is more than just a career milestone, it's also the perfect time for a financial check-in. In this episode, Lisha shares a practical checklist for physicians and other high-income professionals who are changing jobs, completing training, or simply taking a mid-year financial reset. Learn how to organize important documents before losing access to work accounts, avoid m...

Big changes are happening at Wealth Minded M as we step into a new season of growth, business expansion, and intentional change. In this episode, we share an honest conversation about Brittne’s decision to step back from the podcast for a season as she navigates motherhood, medicine, and multiple business ventures, including a newly acquired laundromat. Together, we reflect on what it means to bui...

Luxury travel doesn't always require months of planning, complicated points strategies, or international destinations. In this episode, Lisha shares how she planned a spontaneous Memorial Day trip to Las Vegas using credit card perks and travel benefits she already had. Learn how domestic getaways can still feel luxurious, how to maximize hotel and airline credits, and why sometimes the best vacat...

Disability insurance and life insurance are two of the most important financial protections physicians can have, yet many doctors are unsure whether they have the right coverage. In this episode, Dr. Lisha shares a conversation with her colleague in the insurance and financial planning space, Pradeep Audho of PKA Insurance Group, where they break down some of the key insurance decisions physicians...

The path to financial wellbeing isn’t one-size-fits-all, especially for physicians. In this episode, we share a conversation with anesthesiologist and financial advisor Dr. Justin Harvey about the financial challenges many physicians, especially women physicians, face despite our high incomes and advanced degrees. We discuss gaps in financial education, how to vet financial advisors, and the value...

  Physicians are among the highest earners in the country, yet many still feel financially behind. In this episode, Dr. Lisha Taylor shares a conversation with James Nutter, where they break down why financial stress remains so common in medicine despite high incomes. From student loan debt and taxes to rising living costs, lifestyle inflation, and unrealistic expectations, they unpack the reasons...

Luxury travel to the Maldives may seem out of reach, but with the right strategy it can cost far less than expected. In this episode, Dr. Lisha Taylor breaks down how she turned a $35,000 bucket-list trip, including business-class flights and an overwater villa at the Waldorf Astoria Maldives, into about $10,000 out of pocket using credit card points, airline transfers, Hilton points, and free nig...

Buying a home in today’s market can feel overwhelming, especially with changing mortgage rates and rising costs. In this episode, we break down what to consider before purchasing a home in a volatile spring housing market. Learn why mortgage rates fluctuate, whether waiting for 3% rates makes sense, and how to decide if buying now is the right move for your situation. We also cover refinancing exp...

Whole life insurance is one of the most misunderstood financial products. In this episode, we break down how it works and when it may or may not make sense. We compare term life insurance, which offers lower-cost coverage, with permanent policies like whole life and indexed universal life. While permanent plans are marketed for lifelong coverage and cash value, they are often more expensive, compl...

Having the right disability insurance coverage is essential to protecting your income and financial security if you are ever unable to work. In this episode, we break down what disability insurance is, why buying young and healthy can lower costs, and why employer coverage may not be enough due to limits like non-portability, caps, delayed payouts, and strict definitions of disability. We also com...

Luxury family travel doesn’t have to come with a luxury price tag. In this episode, we sit down with Dr. Nneoma Oparaji, a board-certified internist and lifestyle medicine physician who shares how she’s been able to take unforgettable trips with her family of four by maximizing credit card points and miles. She walks us through how she got started in 2023 and breaks down a simple, sustainable syst...

Feeling overworked and short on time is more common than ever. In this episode, we explore “buying back your time” by being intentional with your schedule and using money, systems, and support to create more freedom. We cover cutting or restructuring clinical work to reduce burnout, increasing leverage instead of hours through negotiation, billing, telemedicine, and AI, and outsourcing home tasks...

Thinking about leaving your current job to start your own business, do consulting, or explore locums work can feel overwhelming, but it might be the move that changes everything. As we speak to a doc who shares her own experience and gives us some tips on how we can do the same. In this episode, we are joined by Dr. Naomi Lawrence-Reid, a board-certified pediatrician and founder of Doctoring Diffe...

Last week, we covered some of the most common investing mistakes professionals make. In this episode, we continue with Part 2 and go deeper into the habits and decisions that can quietly hold your portfolio back, while giving you a practical framework to move forward with more clarity and intention. We break down key pitfalls such as not understanding your asset allocation or time horizon, treatin...

Investing wisely is one of the fastest ways to build wealth over time, but many people stumble along the way. In this episode, we explore common investing mistakes and how to avoid them, showing why the biggest misstep is waiting too long to start. Time and compound growth matter far more than having a large initial sum. We caution against trying to time the market based on headlines and highlight...

Debt plays a major role in shaping your financial freedom, career choices, and long-term wealth. In this episode, we break down the different types of debt and share debt payoff strategies to help you pay off debt faster and more intentionally. We explain the key differences between installment debt and revolving debt, and walk through popular methods like the avalanche method and snowball method...

Traveling more while spending less is possible when you know how to use credit card points and flight miles strategically. In this episode, we share lessons from our 2025 travels and practical tips for making the most of points and miles in 2026. We talk about earning points through reimbursed work expenses, using CME conferences as an opportunity to combine education with leisure, and deciding wh...

Feeling burned out from trading your time and energy for a paycheck can push you to rethink what success really looks like. In this episode, we’re joined by our favorite savvy physician, Dr. Disha Spath, to talk about pivoting from burnout in insurance-based primary care to launching a direct primary care (DPC) clinic. Dr. Disha shares how reflecting on her purpose led her to recommit to being a p...

Between the Roth IRA, Roth 401(k), and Mega Backdoor Roth, things can get a little confusing. In this episode, we break down the different types of Roth accounts and who should consider each one. From residents deciding between a 401(k) and a Roth IRA, to high-income earners navigating the Backdoor Roth and pro rata rule, to those nearing retirement evaluating Roth 401(k) contributions, we walk th...

Taxes can feel overwhelming, especially when you’re not sure if you’re optimizing your strategy. In this episode, we discuss how to reframe your mindset around taxes, the importance of tax efficiency over trying to pay $0, and why having a tax strategist matters. Learn how to coordinate your financial advisor and tax planner, leverage different investment opportunities like real estate or oil and...

Many high-income professionals aren’t aware of the tax strategies available to them to reduce their tax bills. In Part 2 of our episode with Ben Martinek of Bona Fide Finance, we discuss tax strategies and financial planning tips tailored for physicians and other high-income professionals. Plus, we delve into overlooked tax deductions, the benefits of a flat-fee financial model, and complex strate...

You may be wondering whether you still need a tax advisor to file your taxes and help with tax planning, and what to look for if you do. In this episode, we are once again joined by Ben Martinek of Bona Fide Finance as we share insights on tax strategies, the importance of proactive tax planning, and the role of a tax advisor in managing both current and long-term tax liabilities. Learn when it ma...

Many people reach the end of the month wondering why there is less money left than expected, and your spending personality may be the reason. In this episode, we break down common spending behaviors that can impact your financial stability, including the aspirational spender, fear-based spender, convenience spender, status-based spender, emotional spender, and social spender. We explore how each o...

New Year's resolutions can feel exhausting, so this year we’re exploring a different way to improve your life. In this episode, we dive into practical approaches for enhancing your life without relying on traditional resolutions. From balancing optimization and simplicity across investments, debt management, and personal time, we also highlight the importance of setting goals that truly align with...