MtoM #165: Pediatric Resident Gets Back to Broke and Finance 101: Mutual Funds

Apr 8, 2024

A second year pediatric resident shares their journey to financial stability through strategic planning and education. They discuss managing a windfall, maximizing retirement accounts, and tackling student loans. The importance of financial planning, tax planning, and creating a solid financial plan early on is emphasized.

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Introduction

00:00 • 3min

A Pediatric Resident's Journey to Financial Stability Through Family Business and Strategic Planning

03:02 • 3min

Managing Windfall Finances as a Pediatric Resident

05:35 • 3min

The Power of Financial Planning and Legacy Considerations

08:58 • 3min

Maximizing Wealth Through Strategic Financial Planning

11:37 • 9min

This pediatric resident is preaching the importance of having a written financial plan. He is a second year resident and got back to broke by knowing exactly what to do with a windfall because he had a written plan. He took the Fire Your Financial Advisor course and now has all of the knowledge and skills he needs to stay on the road to financial independence. After the interview we will be talking about mutual funds for Finance 101.

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