Your Financial Pharmacist

On Episode 055 of the Your Financial Pharmacist Podcast, Tim Baker and I talk about the variety of ways in which financial planners get paid and why you should care about how a financial planner charges (Hint: It can impact the quality of the advice that you are getting). Mentioned on the Show What to Look For in a Financial Planner and Nuts & Bolts Guide to Hiring a Financial Planner Script Financial YFP Episode 054: Why Fee-Only Financial Planning Matters YFP Episode 049: Ask Tim & Tim: Should I Pay Off My House Early or Invest? Unshakeable: Your Financial Freedom Playbook by Tony Robbins YFP Blog: Are You Making This $1 Million Dollar Mistake? How a 1% Fee Could Cost Millennials $590,000 in Retirement Savings Bankrate Simple Savings Calculator YFP Episode 032: Find Your Why (Part 1) - 3 Life Planning Questions YFP Episode 033: Find Your Why (Part 2) - The Path to Success YFP Facebook Group

On Episode 054 of the Your Financial Pharmacist Podcast, Tim Ulbrich, PharmD interviews YFP team member, owner of Script Financial and fee-only Certified Financial Planner, Tim Baker about why he left his old financial planning firm in 2016 to start Script Financial. Script Financial is a financial planning firm dedicated to helping pharmacists meet their financial goals. Tim & Tim talk through why fee-only financial planning matters and why a revolution of fee-only planning is happening today. Head on over to http://yourfinancialpharmacist.com/financial-planner to get information on what to look for in a financial planner, to download the free guide 'Nuts & Bolts to Hiring a Financial Planner' and to learn more about the financial planning services offered by Script Financial. Mentioned on the Show Script Financial YFP Financial Planner YFP Episode 049: Ask Tim & Tim: Should I Pay Off My House Early or Invest? YFP Episode 015: Financial Planning Series Interview with Tim Baker Part 1 YFP Episode 016: Financial Planning Series Benefits of a Financial Planner Part 2 YFP Episode 017: Financial Planning Series Questions to Ask - Hiring a Planner Part 3 YFP Episode 032: Find Your Why (Part 1) - 3 Life Planning Questions YFP Episode 033: Find Your Why (Part 2) - The Path to Success XY Planning Network XYPN Radio: XY Planning Network Podcast

On Episode 053 of the Your Financial Pharmacist Podcast, YFP team member Tim Ulbrich interviews Dr. Tony Guerra, an author, podcaster, entrepreneur, real-estate investor, educator and father to triplet girls that has an incredible story to share going from financial ignorance to financial independence. Tony talks about his financial journey, his various business ventures, and how and when his mindset shifted that allowed him to be on the path to financial independence. About Our Guest Tony Guerra graduated with a Doctorate of Pharmacy from the University of Maryland in 1997 and has followed a non-traditional career path to best suit his needs and interests. Tony has taken on the roles of pharmacist, homeowner, professor, real estate agent, author, mentor, podcast host, husband, and father of triplet girls while continually striving for financial independence. Through motivation and creative entrepreneurial thinking, Tony has created a lifestyle that allows him to focus on his family and his passions. You can learn more about Tony and his work at http://MemorizingPharmacology.com Mentioned on the Show Memorizing Pharmacology: A Relaxed Approach by Tony Guerra How to Pronounce Drug Names: A Visual Approach to Preventing Medication Errors by Tony Guerra Memorizing Pharmacology Mnemonics: Pharmacology Flashcards and Fill-Ins for the Future Nurse, Doctor, Physician Assistant, and Pharmacist by Tony Guerra Seven Figure Pharmacist by Tim Church and Tim Ulbrich First Time Pharmacist: Everything you didn't learn in class or on-the-job training by Richard Waithe YFP Student Loan Course for Pharmacists Script Financial Brian Buffini Blair Thielemeir The New York Times Rent to Buy Calculator YFP Episode 040: 10 Things Every Pharmacist Should Know About Home Buying Part 1 YFP Episode 041: 10 Things Every Pharmacist Should Know About Home Buying Part 2 Pharmacy Leader's Podcast Your Pursuit of Purpose Podcast The Five Love Languages: The Secret to Love that Lasts by Gary Chapman The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko

On Episode 52 of the Your Financial Pharmacist Podcast, YFP Team Member Tim Ulbrich walks through 5 steps that you should take to crush your student loans. More specifically, these 5 steps will help you begin to develop a payoff strategy and plan that is best for your personal situation. This episode is filled with lots of action steps that have been summarized in the YFP Student Loan Quick Start Guide that is available to download for free at http://www.yourfinancialpharmacist.com/studentloanguide Mentioned On The Show YFP Student Loan Quick Start Guide YFP Student Loan Course for Pharmacists AACP Graduating Student Survey NSLDS.ed.gov StudentLoans.gov - Loan Repayment Estimator AnnualCreditReport.com YFP Episode 004: The Landscape of Student Loans in Pharmacy Education YFP Episode 005: The Impact of Rising Student Debt on a Pharmacist's Income YFP Episode 018: Maximizing the Benefits of Public Service Loan Forgiveness (PSLF) YFP Refinance Resource Page

On Episode 51 of the Your Financial Pharmacist Podcast, YFP Team Member Tim Baker, CFP talks the 8 things to do or avoid to evade financial purgatory after graduating from pharmacy school. Behavioral Financial - Be On Your Best Behavior Goal Setting - Know Where You Want to Go I'm Bringing Budgets Back Have A Plan For Your Debt - Enroll In Our Student Loan Course Emergency Fund (Get It Started) Major Purchases - Treat Yo'self (Just Not With A House Or A Car) Investment - Getting Started At Least With Your Employer Match Insurance - Beware, But Be Covered Mentioned On The Show The Millionaire Next Door by Dr. Thomas Stanley The Student Loan Course for Pharmacists New York Times Calculator: Is It Better to Buy or Rent?

In celebration of the 50th episode of the Your Financial Pharmacist Podcast, we have a special Debt Free Theme Hour for you where we interview Jill & Sylvain Paslier about their journey paying off $197,000 of student loan debt in 28 months. They share how they practically accomplished this goal, their strategy for working together to knock out this debt and what is next up for their financial future now that they are debt free! Mentioned on the Show Financial Peace University

On this Ask Tim & Tim episode of the Your Financial Pharmacist Podcast, we take a listener question from Michael in Columbus, OH that has stimulated lots of conversation and debate in the YFP Facebook Group…'should I pay off my house early or would I be better off refinancing, extending the term and investing the difference?' If you have a question you would like to have featured on the show, shoot us an email at info@yourfinancialpharmacist.com Mentioned on the Show YFP Episode 015 - West Point to CFP: Tim Baker's Journey to Becoming a Fee-Only Financial Planner for Pharmacists YFP Episode 016 - 3 Reasons Why Pharmacists Should Consider Hiring a Financial Planner YFP Episode 017 - Essential Questions to Ask Before Hiring a Financial Planner YFP Episode 040 - 10 Things Every Pharmacist Should Know About Home Buying - Part 1 YFP Episode 041 - 10 Things Every Pharmacist Should Know About Home Buying - Part 2 The Millionaire Next Door by Thomas Stanley Simple Savings Calculator by Bankrate How a 1% Fee Could Cost Millennials $590,000 in Retirement Savings by Dayana Yochim and Jonathan Todd

On Episode 48 of the Your Financial Pharmacist Podcast we spotlight Dalton Fabian, a soon to be pharmacy graduate from the Drake University College of Pharmacy & Health Sciences. We ask Dalton about his current financial situation and help him think through how he and his wife can prioritize multiple competing financial priorities when making the transition from student to new practitioner. About Our Guest Dalton Fabian is a soon to be 2018 graduate of Drake University College of Pharmacy & Health Sciences. In addition to obtaining a PharmD, Dalton has a minor in Data Analytics. His career interests include health data science and using technology to make patient care more efficient and effective. During his time at Drake University, Dalton was heavily involved in various leadership opportunities focused on advocating for the profession, including serving as the Chapter President for APhA-ASP and planning health fairs for the Des Moines Community. Join APhA Join APhA now to gain premier access to YFP facilitated webinars, financial articles, live events, resources, and consultations. Your membership will also allow you to receive exclusive discounts on YFP products and services. You can join APhA at a 20% discount by visiting www.pharmacist.com/join-now and using coupon code 'AYFP18'. For more information about our financial resources, visit www.pharmacist.com/financial-education. Mentioned on the Show The Total Money Makeover by Dave Ramsey The Dave Ramsey Show The Pete the Planner Show YFP Episode 026: Baby Stepping Your Financial Plan - The 2 Things to Focus On First YFP Episode 032:Find Your Why with Tim & Jess Ulbrich - Part 1 YFP Episode 033: Find Your Why with Tim & Jess Ulbrich - Part 2

On Episode 47 of the Your Financial Pharmacist Podcast, YFP Founder Tim Ulbrich, PharmD talks about the best practices for car buying and how to ensure car buying doesn't get in the way of achieving other financial goals. In addition to Tim sharing his own tips and experiences, car buying recommendations from the YFP community are shared throughout the show. Mentioned on the Show Experian State of Automotive Finance Market Q4 2017 Your Financial Pharmacist Facebook Group Edmunds Kelley Blue Book The Millionaire Next Door by Thomas Stanley

On Episode 46 of the Your Financial Pharmacist Podcast, YFP team members Tim Church, PharmD, BCACP, CDE and Tim Ulbrich, PharmD tackle the most common mistakes that pharmacists make with their student loans. Whether you are a student pharmacist or a practitioner in active repayment, this episode will help you avoid the common pitfalls surrounding student loan repayment.