Your Financial Pharmacist

Bhavik Shah talks about his debt-free journey, his early missteps, and how he used his experience to further the financial literacy education of other pharmacists. Key Points From This Episode An introduction to today's guest, Bhavik Shah. Bhavik's academic background and why he chose a career in pharmacy and teaching. The money scripts Bhavik was raised with and how they impacted his mindset. How he graduated with $80,000 of student debt and paid it off in just six years. Why he considers it a mistake not to have taken advantage of Roth contributions to get tax-free growth. What Bhavik means by emphasizing being your own steward, and what motivated this. How he learned the importance of understanding the basics before hiring a professional. Financial education and literacy and why it is important. What motivated Bhavik to create his course on financial literacy. Bhavik's thoughts on whether a personal finance piece should be included in the PharmD program. Resources he has found helpful, including the White Coat Investor and the Money Guy. How student debt deters people from pursuing postgraduate education. The role of financial education in preventing this barrier. Links Mentioned in Today's Episode YFP Planning: Financial Planning for Pharmacists Book a Free Discovery Call with YFP Planning GoodRx: Nominate Your Favorite Pharmacy Professional YFP 044: How to Determine Your Life Insurance Needs YFP 045: How to Determine Your Disability Insurance Needs Why Most Pharmacists Should Do A Backdoor Roth IRA YFP 096: How to do a Backdoor Roth IRA Policygenius Accreditation Council for Pharmacy Education Join APhA - Get 25% Off Your Membership with Code: YFP The White Coat Investor Blog The White Coat Investor's Financial Boot Camp: A 12-Step High-Yield Guide to Bring Your Finances Up to Speed by James M. Dahle Your Financial Pharmacist The Money Guy Show The Money Guy Podcast The Money Guy Financial Order of Operations Course Your Financial Pharmacist Disclaimer and Disclosures

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 Kim in Columbus, Ohio: How do I find an HSA with low fees and good investment options? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists United States Office of Personnel Management Best Health Savings Account (HSA) Providers Lively: The Modern Health Savings Account HealthSavings Administrators HSA Bank Fidelity HSA YFP 225: How to Navigate Open Enrollment and Employer Benefits YFP 165: The Power of a Health Savings Account Why I'm Not Using My Health Savings Account to Pay for Medical Expenses Send in your questions here or to info@yourfinancialpharmacist.com Your Financial Pharmacist Disclaimer and Disclosures Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Managed care pharmacist Mariah Pierce shares her real estate story detailing her house-hacking experience and how she gets paid to live in her home with short-term room rentals. Key Points From This Episode Mariah's educational background and the work she is currently doing. The lifelong dream Mariah had of owning her own home. What has driven Mariah's interest in personal finance. Money that Mariah saved while subleasing a property for seven months in college. The property Mariah bought with her savings and her experience of house-hacking it. How much she put down on the house and how much her rooms cost to rent out on Airbnb. Mariah's monthly payment on her mortgage. The benefits of short-term rentals. What Mariah learned from her first travel nurse guest. How she made her rooms stand out from the other Airbnb listings available in the area. Where she found a lot of the furniture for her house. Hear about Mariah's approach to risk. The future plans that she has for her real estate investment career. Two books that have influenced Mariah's life choices: Mindset and Brave Not Perfect. Mariah's advice for anyone thinking of taking the leap into real estate. Links Mentioned in Today's Episode YFP Real Estate Investing 10: Getting Started Through House Hacking YFP Real Estate Concierge Service The Your Financial Pharmacist Podcast Learn More About IBERIABANK/First Horizon's Pharmacist Home Loan and Start the Pre-Approval Process Facebook Marketplace Mindset: The New Psychology of Success by Carol S. Dweck Brave, Not Perfect: How Celebrating Imperfection Helps You Live Your Best, Most Joyful Life by Reshma Saujani Connect with Mariah Pierce on LinkedIn YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group

Entrepreneur and pharmacist, Chris Cozzolino, talks about his journey building several businesses as a recent graduate. Key Points From This Episode Chris shares what drew him into the profession, and the freedom of remote working. Reflecting on Chris's non-traditional career path, and building something impactful. How social media is a fascinating concept of reaching so many people at once. How making money in a video game as a teenager galvanized his entrepreneurial spirit. Discussing the big barriers to starting a business, like upfront capital and inventory holding times. Optimization through combining drop shipping and retail arbitrage. Chris outlines the challenges and opportunities of not working on your platform. Having the best of both worlds by making the brand bigger than the platform. Diversifying across platforms to build community and then converting that traffic. How Uptown Creation was founded, and key pivots in their journey. Learning the Instagram algorithm and their specific social media marketing tactics. Chris shares about his pivot to LinkedIn and what the clients and services entail. Building authentic relationships and a trustworthy reputation. Why creating content is still really new for the healthcare sector. Where Chris sees Uptown Creation heading in the next few years. The concept of developing your craft, and always being able to be close to the ground. Always keeping your endpoint in mind. Links Mentioned in Today's Episode Connect with Chris Cozzolino on LinkedIn Register for the Free Webinar: How to Pursue FIRE as a Pharmacist on November 10 at 8:30 PM ET FIRE Rx: The Pharmacist's Guide to Financial Independence by Jeff Keimer, PharmD Create a Comprehensive Estate Plan with Thoughtful Wills The War of Art: Break Through the Blocks and Win Your Inner Creative Battles by Steven Pressfield Turning Pro: Tap Your Inner Power and Create Your Life's Work by Steven Pressfield Your Financial Pharmacist Uptown Creation Smart Passive Income Podcast with Pat Flynn ZDoggMD Gain Traction on LinkedIn: Chris Cozzolino, PharmD, co-founder Uptown Creation The Uptown Update Newsletter Gary Vaynerchuk Email Chris Cozzolino: chris@uptowncreation.com Your Financial Pharmacist Disclaimer and Disclosures

Kirby Atwell discusses real estate investing with intentionality, aligning your personal and real estate goals. Mentioned on the Show Living Off Rentals Podcast VA Homeless Programs - HUD-VASH Eligibility Green Vet Homes National Real Estate Investors Association Traction: Get a Grip on Your Business by Gino Wickman Living Off Rentals Watch the Webinar: 3 Main Steps to Buying and Setting Up a High Cash Flowing Vacation Rental YFP Real Estate Investing Join the YFP Real Estate Investing Facebook Group Your Financial Pharmacist Disclaimer and Disclosures

Tim Baker talks about his recent decision to buy a depreciating asset, how his journey becoming a Registered Life Planner® (RLP®) impacted his decision, and how he coaches clients considering big financial purchases. Mentioned on the Show YFP Planning: Financial Planning for Pharmacists Book a free Discovery Call with YFP Planning GoodRx: Nominate Your Favorite Pharmacy Professional YFP 001: The Genesis of the Your Financial Pharmacist Podcast YFP Real Estate Investing Podcast George Kinder: Three Questions About Life Planning Seven Stages of Money Maturity Workshop EVOKE® 5-Day Life Planning Training YFP 212: Checklist for Building a Strong Financial Foundation Your Financial Pharmacist Disclaimer and Disclosures

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 the YFP Facebook Group: How can I decide if pursuing PSLF will be beneficial for me at this point in my payoff journey? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the YFP Facebook Group Ask a YFP CFP® #88: What do I need to know about the recent PSLF changes? The Ultimate Guide to Pay Back Pharmacy School Loans Your Financial Pharmacist: Student Loan Refinancing Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Nate Hedrick and David Bright discuss the topic of tenant selection and whether or not to rent to tenants with pets. Mentioned on the Show Join the YFP Facebook Group Join the YFP Real Estate Investing Facebook Group BiggerPockets Every Landlord's Legal Guide by Marcia Stewart, Janet Portment, Attorney, and Ann O'Connell, Attorney National Association of Independent Landlords National Real Estate Investors Association Email the YFP Real Estate Investing Podcast: realestate@yourfinancialpharmacist.com YFP Real Estate Investing Submit a Question to the YFP Real Estate Investing Podcast Apply to Be a Guest of the YFP Real Estate Investing Podcast

Dr. Christine Manukyan discusses her why for leaving her career in hospital pharmacy administration, her business in functional medicine, and how bold goal setting has contributed to her success. Mentioned on the Show Functional Medicine Business Academy STORRIE Podcast YFP Planning: Financial Planning for Pharmacists Book a free Discovery Call with YFP Planning Create a Comprehensive Estate Plan with Thoughtful Wills Pharmfluencer Summit Founder of Functional Medicine Business Academy™️, Dr. Christine Manukyan is Leading the Functional Medicine Revolution Tony Robbins Coaching Unleash the Power Within: Personal Coaching to Transform Your Life by Tony Robbins Dr. Christine Manukyan Sign up for the Free 5 Day Masterclass: Launch a Virtual Functional Medicine Practice in 90 Days on October 25-29 Human Design with Jenna Zoe The Unstoppable Entrepreneur, Kelly Roach Pivot with Purpose: The true stories of how 18 female entrepreneurs & business owners pivoted during one of the most unprecedented times in history by Rebecca Cafiero, Elise Cruz, et. al. STORRIE Podcast: 45. Building Your Business: Financial Considerations with Dr. Tim Ulbrich Connect with Christine Manukyan on LinkedIn Your Financial Pharmacist Disclaimer and Disclosures

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 Kelsey in Omaha, Nebraska: How do I move my investment accounts from my financial advisor to managing them myself? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Nuts and Bolts to Hiring a Financial Planner Schedule a free Discovery Call with YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.