Financial Residency
Financial Residency Network
As a doctor, you spent decades in school to get to where you are. Unfortunately, during all those years in medical school and residency, you probably didn't receive a financial education. But, not to worry. That's where I come in. Think of this podcast as your financial residency without the long hours and sleepless nights! I will guide you through a financial education resulting in money confidence and clarity in this critical aspect of your life. You'll understand how you make money, how you spend money, how your hard-earned money can work for you, and how to protect yourself and your family. I have witnessed residents and fellows bombarded by life and disability insurance salesmen and other "investment" pitches that are not in their best interest. You didn't receive any formal financial education in your decades of medical training, so how are you supposed to know the good financial advisors from the bad? This podcast will help with that. Remember, it's ok to not know the difference between a ROTH IRA and a 403b or which 529 plan is best. This podcast will simplify highly complex concepts and translate industry jargon into plain English. Are you ready to take action and make smarter, more informed financial decisions? Great - let's do this! Let your financial residency begin.
Episodes
Mentioned books
Dec 10, 2021 • 38min
Confidently Opine as a Medical Expert Witnesses with Amy Fogelman, MD
Lawyers often need some additional help from an expert in a specific field. Medical expert witnesses are often used to prove an argument by the prosecution or defense. Common misconceptions among physicians may prevent them from becoming one. While consulting for personal injury and medical malpractice firms in the Boston area, Dr. Amy G. Fogelman noticed a void in the consulting field, which her consulting firm, MED LAW, seeks to fill. Dr. Bradley Block and Dr. Fogelman discuss common misconceptions, how to get started, the best approach to avoid mistakes, the compensation, and why specializing in only doing defense work can be detrimental. Today's Sponsor is Locumstory. Find your next Locums assignment here: www.financialresidency.com/locumstory
Dec 6, 2021 • 25min
Looking To Buy A New Home? Choosing A Great Real Estate Agent!
It's that time! You are ready to buy or sell a house. It can be your first house or moving into a new home after selling your previous one. Do you need a real estate agent? How do you find a good one? Do they understand your situation? You are about to make a major decision that can affect you for years. As a physician, there are things to consider because of the profession. Avoiding mistakes such as buying a house that you cannot afford can be crucial to your financial future. In this episode, we talk with John Ramey, a real estate agent that is an expert at helping physicians. We discuss all of the questions and tips about what makes a great real estate agent for a physician. Today's sponsor is CompHealth. To find out more visit: https://www.financialresidency.com/comphealth
Dec 3, 2021 • 40min
Hacking the Placebo Effect with Luana Colloca, MD, PhD, MS
Most people have heard of a placebo but what about a nocebo? What are the ways to use nocebo in both a patient-doctor relationship? We talk about the placebo effect and its evil twin, the nocebo effect. A physician can enter dicey ethical territory that comes with recommending an intervention that you know only works if the placebo effect occurs. What is the correct approach for using either? Today's Sponsor is Locumstory. For more information visit: www.financialresidency.com/locumstory
Nov 29, 2021 • 36min
Have Alot Of Student Loans? Working Locums Can Help Pay Them Down.
Student loan debt can pile up quickly! Once you graduate you may have a student loan mountain to take down. That is what happened to Dr. Cathy Carroll. She ended up with $160,000 in student loan debt. What she was bringing in was barely enough to cover all her expenses! Something had to change! She started working for Locums and it has helped her pay them down. In this episode, Dr. Carroll discusses her journey with student loans and how working for Locums has helped her. Today's Sponsor is CompHealth. Just head to financialresidency.com/comphealth and see what locums can do for you financially.
Nov 26, 2021 • 37min
The Stark Contrast Of Practicing Medicine In Australia Vs. The United States.
Carmen Brown, MD, is an author, blogger, practicing OB-GYN, and managing partner and founder of ExpatMD. She currently resides in Melbourne, Australia with her husband and young son. Dr. Bradley Block and Dr. Brown talk about how she ended up practicing down-under, how to make it happen, what some of the differences about practicing down there and focused a bit on the practice of OB-GYN. She dispelled some myths about limitations to practicing abroad and we discussed a little about what it's like being a black woman in Australia. She also published 'ExpatMD: Your Guide to Living and Working in Australia and New Zealand as a Physician.' She also writes a blog about life as a doctor mom with a child with Autism at www.autismdrmom.blogspot.com You can follow her on LinkedIn or Instagram @ExpatMD or on Twitter @DoctorCarmenB or @AutismDrMom Today's Sponsor is LocumStory. To find out more visit: Locumstory.com
Nov 19, 2021 • 26min
Medicine, Marriage, and Money with Kate Mangona, MD
As a certified life coach, Kate Mangona, M.D. enthusiastically hosts the Medicine, Marriage & Money Podcast where she helps married women physicians with children spend less time arguing with their spouse and more time reigniting the sparks once felt during their honeymoon. Fun, right? We think so! In this episode, Dr. Bradley Block and Dr. Kate Mangona address the non-financial challenges that are specific to being in a dual-physician couple. They talk about student loan debt x2, talking to your spouse about money, a personal path to real estate investing, and handling 3 kids under 4. Enjoy!! Looking for your next locum tenens assignment? Go to www.financialresidency.com/locumstory to learn more!
Nov 15, 2021 • 23min
How To Have A Physician Mortgage And Work Locums: Mistakes And Success.
Working locum tenens assignments has its advantages— one of them, being able to afford your dream home. Our next guest, Doug Crouse, Mortgage Loan Officer at UMB Bank, talks about his experience helping physicians working locums get ready as they embark on the physician mortgage journey! Today's sponsor is Locumstory. To find out more visit https://www.financialresidency.com/locumstory to find out more.
Nov 12, 2021 • 34min
Healthcare Leaders, Are You Listening? with Diane Shannon, MD
Dr. Bradley Block of The Physician's Guide to Doctoring has got something special for our audience up his sleeve! Join us every Friday for a new show and new sound on our podcast for the month of November! Let's begin episode 2 of 5! After experiencing paralyzing burnout as a newly-minted primary care physician, Dr. Diane Shannon made the hard decision to leave practice and pursue a career in writing. Her focus for 20 years has been drawing attention to ways to address clinician burnout, system inefficiency, and patient safety problems. She is co-author of Preventing Physician Burnout: Curing the Chaos and Returning Joy to the Practice of Medicine, which was published in 2016. Her personal experience with burnout and her desire to support clinicians motivated her to become a certified coach three years ago. She now helps clinicians gain clarity on their goals, increase their bandwidth, overcome barriers, and improve their professional and personal lives. Today's sponsor is LocumStory. For more locum tenens information, www.financialresidency.com/locumstory is your final destination.
Nov 8, 2021 • 30min
Expert Panel Discussion: Interested In Locums? Listener Q&A About The Experience.
Ever thought about working for Locums? What is it like? Today you will hear the ins and out of working Locums! It's a panel discussion with four experts. Learn about when to start, what to expect, what to look out for, and more. Ryan, Joan, Rip, and Nick answer listener questions. All of them use Locumstory for their Locums assignments. Ryan, Joan, Rip, and Nick give their insight from different perspectives on their experiences working with Locums. Today's sponsor is LocumStory. For more locum tenens information, www.financialresidency.com/locumstory is your final destination.
Nov 5, 2021 • 44min
Guiding Patients Through Challenging Decisions with Talya Miron-Shatz, PhD
Dr. Bradley Block of The Physician's Guide to Doctoring has got something special for our audience up his sleeve! Join us every Friday for a new show and new sound on our podcast for the month of November! Let's begin episode 1 of 5! Talya Miron-Shatz, PhD, is a leader in research at the intersection of medicine and behavioral economics. She is CEO of CureMyWay, an international health consulting firm whose clients include Johnson & Johnson, Pfizer, and Samsung. She wrote the book Your Life Depends on It: What You Can Do to Make Better Choices About Your Health. She wrote it for patients and clinicians alike. We discuss how patients are frequently overwhelmed with the information we give them. How to give it to them in a more digestible way, while still being time efficient, how we can tell if they are understanding us and how to tell if they don't plan on following our recommendations. She also teaches us how to increase the chances that a patient will choose us as their doctor. Find her at www.talyamironshatz.com Today's Sponsor is Locumstory. To find out more visit: www.financialresidency.com/locumstory
