Your Financial Pharmacist

On this week's episode, Tim Ulbrich welcomes Nate Hedrick, The Real Estate RPh back to the show to talk about the value of homeownership. Tim and Nate discuss whether or not the American dream of owning a home is for everyone, the true costs of home ownership, when to consider renting vs. buying and tips for knowing when might be the right time to purchase a home. Mentioned on the Show YFP Concierge Service YFP 040: 10 Things Every Pharmacist Should Know About Home Buying - Part 1 w/ Nate Hedrick YFP 041: 10 Things Every Pharmacist Should Know About Home Buying - Part 2 w/ Nate Hedrick YFP 064: 6 Steps to Home Buying - Part 1 w/ Nate Hedrick YFP 065: 6 Steps to Home Buying - Part 2 w/ Nate Hedrick Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not by Robert T. Kiyosaki NY Times Buy vs Rent Calculator House Hacking: How to Live for FREE During Residency by Nate Hedrick First Time Homebuying Quick Start Guide

Dr. Brent Rollins, a pharmacy graduate of Ohio Northern who obtained his PhD in Pharmacy Administration at the University of Georgia and currently serves as a faculty member at Philadelphia College of Osteopathic Medicine, joins Tim Ulbrich on the show. They discuss Brent's personal finance journey, why he cares so much about the importance of educating students on this topic, his unique side hustles in serving as an expert witness and covering professional football, and how he is teaching his 3 kids about personal finance. Mentioned on the Show Policygenius Rx Radio: Episode 71: Cancel Student Debt??? YFP 098: Lifestyle Creep: The #1 Threat to Growing Your Net Worth Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances by Cameron Huddleston YFP 108: How to Effectively talk with Mom and Dad About Their Finances w/ Cameron Huddleston Pro Football Focus Automatic Millionaire: A Powerful One Step Plan to Live and Finish Rich by David Bach YFP 057: The Power of Automating Your Financial Plan

Jared Wonders joins Tim Ulbrich on this week's episode. Jared is a 2012 graduate of the University of Findlay and currently works for the VA remotely doing home health care. Jared and Tim talk about how he and his wife, Jess, aggressively paid off their debt within a few years, how they got started in real estate investing, and how and why they are on the path toward FIRE (financial independence, retire early). Mentioned on the Show Refinance Your Student Loans Dave Ramsey YFP 068: Pros/Cons of the Dave Ramsey 7 Baby Steps YFP 104: Jason Long's FIRE Journey Scott Trench BiggerPockets BiggerPockets Episode 121: Creating the IDEAL Real Estate Investing Business with Andrew and Phillip Syrios Paula Pant The 4 Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss Jim Collins ChooseFI Paul Pant Podcast #153: Why I hate the FIRE movement, says Suze Orman Retire Early With Real Estate: How Smart Investing Can Help You Escape the 9-5 Grind and Do More of What Matters by Chad Carson Contact Jared Wonders on BiggerPockets Email Jared Wonders: wondersrealty@gmail.com The FIRE Prescription: How to Retire Early as a Pharmacist by Jeff Keimer YFP Blog

Betsy and Casey Hoida join Tim Ulbrich to talk about their journey paying off $150,000 of student loan debt, why and how Betsy left her secure pharmacy job after completing residency and getting board certification and how they managed to work together to get on the same page financially despite some highs and lows along the way. Mentioned on the Show YFP Planning YFP Episode 057: The Power of Automating Your Financial Plan Indispensable: The prescription of a fulfilling pharmacy career by Alex Barker The Happy PharmD Financial Peace University Dave Ramsey YFP Podcast YFP 079: Is it Time to Redefine Retirement with Nick Ornella YFP Community YFP 022: The Power of Giving

Suze Orman, a #1 New York Times bestselling author on personal finance with over 25 million books in circulation, joins Tim Ulbrich on today's episode. They talk about her most recent book Women & Money: Be Strong. Be Smart. Be Secure and the advice Suze has for pharmacy professionals feeling overwhelmed with their student loan debt and managing their financial plan. Mentioned on the Show Refinance Student Loans Suze Orman Women & Money: Be Strong, Be Smart, Be Secure by Suze Orman Women and Money Podcast YFP 108: How to Effectively Talk with Mom & Dad About Their Finances w/ Cameron Huddleston Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances by Cameron Huddleston Suze Orman Must Have Documents Offer Email Suze Orman: asksuzepodcast@gmail.com

Cameron Huddleston, an award winning journalist with more than 15 years experience writing about personal finance, joins Tim Ulbrich on this week's show. Cameron and Tim talk about her recently released book Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances. Cameron discusses why it is important to have these conversations with your parents, how to start the conversation and what to do if your parents are reluctant to talk. Mentioned on the Show Policy Genius Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances by Cameron Huddleston (Amazon) Cameron Huddleston Mom and Dad, We Need to Talk: How to Have Essential Conversations with Your Parents About Their Finances by Cameron Huddleston (Barnes and Noble) Cameron Huddleston on Facebook Cameron Huddleston on Twitter

Christina Slavonik, CFP® and YFP Team Member, joins Tim Baker to discuss the student loan grace period and why it's not that gracious. They break down the differences between the grace period, forbearance and deferment and talk through scenarios you can consider when determining your student loan payoff strategy. Mentioned on the Show YFP Planning CommonBond LendKey SoFi Earnest Splash First Republic Refinance Your Student Loans YFP 051: 5 Steps to Crush Your Student Loans YFP 052: 8 Things to Do or Avoid to Evade Financial Purgatory After Graduation YFP 099: Key Financial Moves for Pharmacy Graduates

John Kohli, PharmD, joins Tim Ulbrich to talk about his career journey, how he managed to rack up approximately $260,000 of debt despite graduating from pharmacy school with minimal student loan debt, what motivated him to get his financial house in order, and how he hustled to pay off most of this debt within a 2 year period. Mentioned on the Show Refinance Your Student Loans YFP Community

Jamie Leigh Tipton, a new practitioner from North Carolina and owner of Tipton Compounding Pharmacy, shares her journey of starting her own business and the importance of building a strong financial foundation to be able to do so. Jamie Leigh's mom, Janet, also joins the show to talk about her involvement in the family business, how she helped Jamie Leigh graduate debt free and why she has encouraged Jamie Leigh to start her own business. Mentioned on the Show YFP Planning Professional Compounding Centers of America (PCCA) National Community Pharmacists Association (NCPA) YFP Facebook Group Tipton Compounding Pharmacy Dave Ramsey Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not by Robert T. Kiyosaki Tipton Compounding Pharmacy on Instagram Tipton Compounding Pharmacy on Facebook

Jason Long joins Tim Ulbrich to share how he retired from his retail pharmacy job at the age of 38. Jason dives into what the FIRE methodology is and how he and his wife saved for early retirement. Mentioned on the Show Refinance Student Loans NY Times: How to Retire in Your 30s With $1 Million in the Bank The Trinity Study Jason Long's Blog: after the finish line Mr. Money Moustache: The Shockingly Simple Math Behind Early Retirement Walden by Henry David Thoreau Reddit: Financial Independence Thread