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
Apr 2, 2020 • 6min
Curbside Consult: What do you do if your financial advisor panic sells?
With markets so volatile, AJ was curious if he should delay contributing to his IRA or not. Here are my thoughts on how he can make the best decision for his situation. I'd love to answer your questions, please email them to me at Ryan@FinancialResidency.com or click on the link to leave me a voicemail at www.FinancialResidency.com/Question
Apr 1, 2020 • 6min
Curbside Consult: What's going on with the mortgage market?
Jenny is trying to figure out what direction mortgage rates are going. Here are my thoughts on what you all should do if you are trying to refinance your mortgage. I'd love to answer your questions, please email them to me at Ryan@FinancialResidency.com or click on the link to leave me a voicemail at www.FinancialResidency.com/Question
Mar 31, 2020 • 5min
Curbside Consult: Should you delay contributing to your IRA?
With markets so volatile, AJ was curious if he should delay contributing to his IRA or not. Here are my thoughts on how he can make the best decision for his situation. I'd love to answer your questions, please email them to me at Ryan@FinancialResidency.com or click on the link to leave me a voicemail at www.FinancialResidency.com/Question
Mar 30, 2020 • 34min
Are You Afraid of the Effects of the Pandemic? You Are Not Alone.
It's time to start talking about the elephant in the room. This is THE most important show that I will do all year. Good friend, Shakila Angadi, aka The Inspired Dentist, and I talk on COVID-19, our spouses, and a new term... anxiety pandemic. The book as RELEASED! Have you bought your copy yet? Find it here: http://www.financialresidency.com/preorder
Mar 23, 2020 • 26min
Surviving Quarantine, Pandemic and a Market Crash
We have officially left the bull market and are headed toward the much less anticipated bear market as the result of the COVID-19 pandemic. It's not something a lot of the investors in our audience have experience with, so Kayse and I think it's important to help explain what this means while we survive not only quarantine but a market crash. See how the bear market affects upcoming predictions. Also, have a physician WARRIOR story during the COVID-19 pandemic? Share it with me. Find out more here: http://www.financialresidency.com/docwarrior
Mar 20, 2020 • 27min
Match Day: What to Look For in a Realtor When Buying Your First Home
It's Match Day! For this special episode, we brought back Dr. John Ramey, Founder of Dr.Moves.com. There's a lot of happening right now around buying and loan refinancing, especially during a time where the market is chaotic. Do you have some questions surrounding the home buying process? See what John says you should know. Interested in reaching out to DrMoves.com to see how they can help you with your next home purchase? Find them here: https://financialresidency.com/drmoves
Mar 16, 2020 • 19min
Uncertain Times Call For Tax Loss Harvesting
Market volatility is expected right now, especially as we approach uncertain times with COVID-19. But, generally, there are several benefits that can come from using specific strategies like tax loss harvesting during transitory periods throughout a physician's career. Find out how to offset losses, capitalize on gains and/or establish a basic understanding of what those things (and others) really mean in this show. The book... Looking for good reads to hold you down past bedtime with the kids? Sign up to be notified about our new book releasing next month here: www.financialresidency.com/book
Mar 9, 2020 • 26min
Most Common Money Myths People See
In the financial space, there's a lot we see when it comes to how people handle their finances. While there is a ton of great things happening, there are also a few outliers. From the FinCon 2019 floor to today's show, my friends and I bring you the common money myths people see. On the email list yet. If you were you'd know the book is coming out soon. We also have some info to share on Financial Fellowship... but only way to get the deets (specific ones) is from our email. Go here to hop on: www.financialresidency.com/subscribe
Mar 2, 2020 • 35min
Building a Financial Plan Unique to You
Taylor and I made it over to The Great Barrier Reef in Australia. While within the beautiful walls of fish, we got to reminisce on the 15-18 months it took us to actually make this bucket list trip a reality. As with life planning, we have to save, budget and stay a disciplined course in order to achieve the goals of our dreams. Building a financial plan unique to you is one way to do that. The book release is ALMOST here! If you didn't know that, what rock are you living under? Sign up for the newsletter to hear about the launch before everyone else does! www.financialresidency.com/book
Feb 24, 2020 • 27min
Help! What Do We Do When We Aren't On The Same Financial Page?
Getting on the same financial page with your spouse isn't the easiest task, at least for this physician couple. While on our Australian adventure, Taylor and I discuss the most recent listener question about joint accounts and the intermittent need to agree on money. Want the Get Organized Checklist referenced in the show? Download your FREE copy here: https://financialresidency.com/getorganizedchecklist
