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
Feb 17, 2020 • 14min
Best Pieces of Financial Advice From The Land Down Under (cool aussie accents included)
My better half, Tay, and Steve Crawford of the Advice Movement co-host this short, but impactful show weaving the tips from Aussie financial planners to our American physician colleagues. Which piece of advice resonates with you most? Ready for the book?! We are! Sign up here to be the first to know when our first book drops for pre-sale! www.financialresidency.com/book
Feb 10, 2020 • 31min
The Great Debate: Real Estate Vs. Stock Market Investing
There are tons of ways to generate passive income. Real estate is one of them. But here's the catch... it may not be as passive as you think. Here's what I have to say in response to this listener question from Greg. Oh wait - did you know our book is coming out April 2nd? Sign up here to get the scoop when it releases! www.financialresidency.com/book
Feb 3, 2020 • 31min
Starting Your Medical Practice the Right Way
Our guest, Dr. Una, who you might have heard on her podcast, EntreMD, is a big believer that if you can't deal with uncertainty, then entrepreneurship is going to be really hard. Being a business owner myself, I know the struggle is real when it comes to doing your own thing and crafting a life on your terms… well, somewhat. Check out the show with Dr. Una and me. I know you'll love it. But real quick, how in the know are you with the podcast? Be sure to subscribe to our newsletter for insights into our upcoming book! www.financialresidency.com/subscribe
Jan 27, 2020 • 29min
Simplify Your Finances Like a Jedi Master!
New year, new you, new way of handling your finances? That's cool unless you have no clue where to start. Here are a few tips to get you smooth sailing through 2020. Wait, wait, wait... if you're here, that means you like us. Don't just stop on by for the show every week (even though we love you for it), but subscribe to be on our email list. You know you wanna: www.financialresidency.com/subscribe
Jan 20, 2020 • 48min
Hope Is Not a Strategy
The word hope sounds great, doesn't it? Even though hope is awesome to have, it doesn't drive the action behind completing a goal. Action is what we do and it's what we don't do, but happiness, fear, and the topic of this show, hope… are all feelings. Feelings, while amazing at constructing sporadic follow-through, promote a lack of focus. Ain't nobody got time for that. Katrina Ubell MD of the Weight Loss for Busy Physicians Podcast, charts the course for awareness so that we can use action (and not hope) for tapping our financial goal power! Feel a little out of the loop with Financial Residency? Let's get ya on the email list for semi-interesting updates: www.financialresidency.com/subscribe
Jan 13, 2020 • 27min
Get Your Financial Life Organized
Getting organized is like doing a work up. You can't help your patients without doing an assessment, lab work, and following up. The same goes with your finances. There is much you should do to get those in order... it begins with getting organized. Need a little help with getting your finances in tip-top shape? Sign up for an immediate download of the Getting Organized Checklist right here: https://financialresidency.com/getorganizedchecklist
Jan 8, 2020 • 32min
Do You Even Batch?
The Physician Philosopher and I are diving into how to batch your personal finances so that you get the biggest bang for your buck while limiting the amount of time you need to put into it. Financial planning shouldn't be something you dread doing or something that takes you so much time that you can't enjoy life. I love today's show because of its practical tips for how to maximize your time.
Jan 6, 2020 • 31min
The Process of Making Good Decisions
This host of the amazing, award-winning Afford Anything Podcast is well known for her real estate ventures and coaching in that space, but I love the other side that we don't get to see as much of, and that is her philosophies around why we do the things we do. So excited to bring on Paula Pant. Enjoy as she helps us discover the motivations behind making solid decisions around both money and life in general. Get a behind the scenes look at the podcast by joining our email list. Sign up is easy... go here: www.financialresidency.com/subscribe
Jan 1, 2020 • 29min
SMART Goals and Celebrating Wins
People don't necessarily like setting goals, but let's not ruin it for those who do. Do you know the difference between a SMART goal and a light, fluffy-airy thing you try to shoot for? Not really? Let's fix that, shall we? The Physician Philosopher and I define SMART goals and give you 10 examples of the ones you should be planning on achieving [at some point]. Want a fee-only financial planner? You can reach me at ryan@financialresidency.com! See ya.
Dec 30, 2019 • 35min
Essential Investing Apps for Busy Physicians
Money apps that you could use? I'm excited to jump and talk about the tech behind making our money work for us. And who do I have to help us do that? Tom. Tom Drake is the founder and writer behind MapleMoney. He's super knowledgeable in essential apps for our finances and their amazing resources. In this show, we talk about investing apps, budgeting apps, and ways to make money on different apps. This breakdown will help your finances in one way or another. For more information, visit the show notes at https://financialresidency.com/investing-apps-for-physicians
