Your Financial Pharmacist

Tim Ulbrich and Tim Baker discuss the role of credit in financial planning: why it matters, how it works, what makes up a credit score, common credit misconceptions and more. Summary In this episode, Tim Ulbrich and Tim Baker discuss the role of credit in financial planning. They explore why credit matters, how it works, and how it influences important areas in your financial plan. Tim and Tim break down the factors that make up a credit score, from payment history and credit utilization to the age of credit and hard inquiries.  They also dispel common credit myths, essential strategies for protecting your credit and identity, including the importance of monitoring credit reports. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements.  Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Mentioned on the Show Intuit CreditKarma FICO Vantage Score YFP Book a Discovery Call YFP Disclaimer Ask a financial question to YFP Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn Tim Baker on LinkedIn YFP on Instagram YFP Facebook Group

In this episode, YFP Co-Founders Tim Ulbrich and Tim Baker dive into practical strategies for investors to navigate market volatility, especially in light of the turbulence we've experienced over the past year. They explore how to maintain a long-term perspective while acknowledging the real emotions—fear, anxiety, and uncertainty—that can arise during times of market fluctuation. Mentioned on the Show: Submit a Question to Be Featured on Rx Money Roundup Subscribe to the YFP Newsletter YFP Disclaimer

Rich Delgado, Managing Director at DLP Capital, discusses passive real estate investing, particularly for pharmacists who may want to diversify their financial portfolio. Summary In this episode, Rich Delgado, Managing Director at DLP Capital, joins hosts David Bright and Nate Hedrick to explore passive real estate investing, particularly for pharmacists who may want to diversify their financial portfolio without the hassles of hands-on property management.  Rich explains how DLP Capital aligns investments with a focus on making a positive impact, turning financial success into lasting significance. The conversation dives into DLP Capital’s three primary activities: acquiring real estate, building new developments, and providing lending solutions to other real estate operators. Rich highlights how pharmacists can participate in these opportunities to create wealth while supporting meaningful community growth. About Today's Guest Rich Delgado is DLP Capital's Managing Director of Structured Products and Capital Markets. He has been with DLP for five years, raising debt and equity into DLP to finance the building of thriving communities and successfully scaling the company to over $1.3B in equity under management and $5.5B of Assets under Management. Before joining DLP, Rich enjoyed a 25+ year career in Structured Finance, mainly with two public companies, growing them each to over $600B in mortgage servicing rights. Rich is also a longstanding and active board member of Friends of Foster Children of Palm Beach, the American Heart Association's Executives with Heart, and the DLP Positive Returns Foundation. Mentioned on the Show *Register for Aliquot Investing Webinar: “Small Investments in Big Real Estate Deals” October 7th at 9pm/EST DLP Capital  info@dlpcapital.com Rich Delgado on LinkedIn Rich Delgado: Rich.Delgado@dlpcapital.com Subscribe to the YFP Newsletter YFP Disclaimer YFP Real Estate Investing Facebook Group Nate Hedrick on Instagram David Bright on Instagram YFP Real Estate Investing Website David Bright on LinkedIn Nate Hedrick on LinkedIn

Dr. Brooke Griffin, founder of Bold Idea Group, shares her career journey in pharmacy academia to launching her own coaching business.  This episode is brought to you by First Horizon. Summary In this inspiring episode, Tim Ulbrich introduces Dr. Brooke Griffin, a coach, mentor, and founder of Bold Idea Group. Dr. Griffin shares her career journey in academia to eventually launching her own business, and opens up about the challenges and triumphs of her path, including the bold steps she took and valuable lessons she has learned along the way.  This conversation is packed with practical wisdom for anyone seeking career fulfillment and personal growth. Whether you're just starting your career or looking to make meaningful changes, Dr. Griffin’s journey and insights are sure to inspire you to take bold steps toward your own growth. About Today's Guest Brooke Griffin, PharmD, BCACP is a Professor of Pharmacy Practice and Vice Chair of Clinical Services at Midwestern University College of Pharmacy, Downers Grove. With over 20 years of experience in various ambulatory care clinics, she has worked on several multidisciplinary teams and precepted hundreds of students and residents. She is a Professional Coach in Life & Work and is passionate about offering career support through a thought-provoking and creative process. She is a coach and mentor through several pharmacy organizations and speaks nationally on various professional development topics, including the importance of coaching and mentoring, time management, and work/life integration. In 2022 she launched Bold Idea Group with a mission to inspire bold ideas from within. Her motivational podcast, Today’s Bold Idea, offers a five minute inspirational boost to start your day. She is on this self-development journey alongside all of you and believes “every pharmacist deserves a coach.” Mentioned on the Show First Horizon Pharmacist Home Loan “Aliquot Investing: Small Investments in Big Real Estate Deals” Webinar on October 7th at 9pm/Eastern  Griffin B, Vest K, Pohl S, Mazan J, Winkler S. Part-time and job-share careers among pharmacy practice faculty members. Am J Pharm Educ. 2014 Apr 17;78(3):49. Destruct Yourself Podcast with Whitney Johnson Bold Idea Facebook Group Brooke Griffin LinkedIn Bold Idea Group  Today’s Bold Idea Podcast  The Pharmacist's Voice®  Looking for other episodes on pharmacist businesses or side hustles? Episode 352: Pharmacy Innovators with Kelley Carlstrom, PharmD, BCOP Episode 307: Pharmacy Innovators with Dr. Izabella Wentz (The Thyroid Pharmacist) Episode 327: Pharmacy Innovators with Dr. Natalie Park (Pharmesol) Episode 289: Building Pricklee with Pharmacy Entrepreneur Kun Yang Episode 287: Monetizing Your Clinical Expertise with Dr. Timothy Gauthier YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group

On this week’s episode of the Rx Money Roundup, Tim Ulbrich, PharmD and YFP Co-Founder challenges listeners to think about and define what financial success looks like for them. Mentioned on the Show: Submit a Question to Be Featured on Rx Money Roundup Subscribe to the YFP Newsletter YFP Disclaimer

Tim Baker, CFP® tackles 10 questions for those considering early retirement from sources of income, handling market volatility, health insurance options and more. Summary This week, Tim Baker, CFP®, RLP®, RICP® and Tim Ulbrich, PharmD are tackling 10 questions for those considering early retirement. They discuss sources of income in retirement, handling market volatility when no longer working, health insurance coverage options, timing to draw on Social Security, and much more. About Today's Guest Tim Baker is the Co-Founder and Director of Financial Planning at Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 12,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements.  Tim attended the United States Military Academy majoring in International Relations and branching Armor. After his military career, he worked as a logistician with a major retailer and a construction company. After much deliberation, Tim decided to make a pivot in his career and joined a small independent financial planning firm in 2012. In 2016, he launched his own financial planning firm Script Financial and in 2019 merged with Your Financial Pharmacist. Tim now lives in Columbus, Ohio with his wife (Shay), three kids (Olivia, Liam and Zoe), and dog (Benji). Mentioned on the Show Register for YFP webinar on October 7th at 9pm EST: Aliquot Investing: Small Investments in Big Real Estate Investing YFP Free Guide: Retirement Roadblocks: Identifying and Managing 10 Common Risks YFP Episode 291:Redefining Retirement with Professor Emeritus David Zgarrick, PhD YFP Episode 296: 5 Key Decisions for Long Term Care Insurance YFP Episode 321: Navigating Financial Conversations with Aging Parents Social Security  YFP Book a Discovery Call YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn Tim Baker on LinkedIn YFP on Instagram YFP Facebook Group

On this week’s episode of the Rx Money Roundup, YFP Co-Founders, Tim Ulbrich and Tim Baker, take a question from Jacob in Cincinnati, OH: "How should I prioritize investing if my employer doesn't have a 401(k) match?" Mentioned on the Show: Submit a Question to Be Featured on Rx Money Roundup Subscribe to the YFP Newsletter YFP Disclaimer

Kamren Gallon, PharmD shares how he is able to successfully flip and sell houses, the importance of mentors, and how he balances his real estate investments with his pharmacy career. Summary Kamren Gallon, PharmD returns to the show and shares his journey from flipping six to eight houses a year to 20-25 houses a year, emphasizing the importance of having a mentor. He also discusses the benefits of owner financing and how he balances his real estate investments with a full-time pharmacy career. About Today's Guest Kamren Gallon is a 3rd generation entrepreneur.  He was introduced to real estate at a very early age.  His father was a landlord in North Philadelphia and one day his life was tragically taken by a tenant.  After this life changing event, Kamren was very eager to go into the medical field.  After graduating pharmacy school from Hampton University in 2013, he spent the first few years of his career working overnight.  It wasn't until 2017 after being robbed in the pharmacy that he realized one source of income was not enough.  Shortly after that incident, Kamren put his childhood fears behind him and started to invest in real estate.  Kamren has successfully flipped and sold over 100 homes along with owning a 7 figure rental portfolio while working full time as a pharmacist and being a single father.  He is currently on a mission to inspire and teach other busy professionals how to achieve the same level of success so they can also reach financial freedom through real estate investing. Mentioned on the Show YFP Real Estate Investing Webinar: Syndication 101 on October 7 at 9pm/E Aliquot Group Doctor Flipper  Kamren Gallon on Instagram The 10x Rule by Grant Cardone Subscribe to the YFP Newsletter YFP Disclaimer YFP Real Estate Investing Facebook Group Nate Hedrick on Instagram David Bright on Instagram YFP Real Estate Investing Website David Bright on LinkedIn Nate Hedrick on LinkedIn

Gathering wisdom from his own journey and those of many other pharmacists, Tim Ulbrich, YFP CEO, shares ten moves that are key in building a strong financial foundation. Summary YFP CEO and Co-Founder, Tim Ulbrich, distills the lessons learned from his own financial journey and from speaking with thousands of pharmacists about their financial plans into a list of ten moves that are key in building a strong financial foundation.  Whether you’re just getting started and have the opportunity to build a strong foundation from the beginning or you’ve been at it for a while and sense the need to reinforce that foundation, this week’s episode is for you. About Today's Guest Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education. Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master’s in Health-System Pharmacy Administration Program. Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being. Mentioned on the Show YFP Financial Fitness Test YFP Podcast 376: From Student Debt to Financial Freedom: How Brandon Paid Off $160k YFP Podcast 375: Breaking New Ground: Emmanuel Ayanjoke’s Vision for Altev Community Pharmacy  YFP Podcast 365:Millionaire Theme Hour: From $0 to 7 Figure Pharmacist Rich Dad Poor Dad by Robert Kiyosaki I Will Teach You to Be Rich by Ramit Sethi The Millionaire Next Door by Tom Stanley Money Master the Game by Tony Robbins Seven Figure Pharmacist by Tim Church & Tim Ulbrich Studentaid.gov YFP Toolbox YFP Life Insurance for Pharmacists: The Ultimate Guide YFP Disability Insurance for Pharmacists: The Ultimate Guide The Go-Giver by Bob Burg YFP Book a Discovery Call YFP Disclaimer Subscribe to the YFP Newsletter Tim Ulbrich on LinkedIn YFP on Instagram YFP Facebook Group

On this week’s episode of the Rx Money Roundup, YFP Co-Founder and CEO Tim Ulbrich, PharmD, discusses the point at which your savings should outearn your income as a pharmacist. Mentioned on the Show: BLS Pharmacist Data Submit a Question to Be Featured on Rx Money Roundup Subscribe to the YFP Newsletter YFP Disclaimer