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Financial Residency

988 episodes - English - Latest episode: 4 days ago - ★★★★★ - 295 ratings

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.

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Episodes

Financial Vitals - Second Opinion On Insurance Producer

December 29, 2023 09:00 - 11 minutes - 9.06 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Today, Daniel addresses concerns about product-based financial advisors, distinguishing them from investment-focused advisors. He explains that product-based advisors primarily aim to sell financial products such as disability or life insurance, earning commissions from manufacturers.  Daniel emphasizes the inherent conflicts of interest in this m...

Coffee & Contracts - What's in store for healthcare in 2024?

December 28, 2023 09:00 - 8 minutes - 6.28 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Today on the podcast, Jon from Contract Diagnostics discusses a 2024 healthcare prediction article, emphasizing the rise of AI regulation in healthcare.  He anticipates increased scrutiny and guidelines for the use of artificial intelligence in various healthcare roles. Jon believes that AI will revolutionize healthcare, offering applications that...

Coffee & Contracts - Cash Flow at hospitals to SURGE in 2024

December 27, 2023 09:00 - 6 minutes - 4.53 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Today, Jon from Contract Diagnostics discusses a recent article by Moody's projecting a surge in hospital margins and cash flows in 2024. He highlights key points from the article, indicating that median operating cash flow is expected to increase by 10 to 20 percent, with operating cash flow margins reaching 7%, a 1 percent increase from the previo...

Mortgage Minute - Should you look for a house or a mortgage first?

December 26, 2023 09:00 - 13 minutes - 10.4 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! The fun part is looking for the house, but doing the legwork beforehand to know how much house you can afford (especially with interest rates being so high) can save you a lot of heartache.  Talking to your lender first can solidify how much house you will qualify to purchase and allow you to get a preapproval letter, which will make your offer st...

Grand Rounds - Managing debt with Leslie Tayne, Esq

December 25, 2023 09:00 - 27 minutes - 17.6 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Leslie Tayne is an experienced financial attorney who helps individuals and businesses that find themselves overwhelmed with debt.  She discusses working with creditors to find manageable payoff strategies, explores when bankruptcy might be the right option and explains that as a consumer you do have rights when it comes to debt collectors.  She...

Financial Vitals - Second Opinion On AUM Financial Advisor

December 23, 2023 09:00 - 11 minutes - 8.81 MB

On this episode, Daniel addresses common questions from potential and new clients regarding financial advisors, focusing on the AUM (Assets Under Management) model. He explains that AUM advisors charge a percentage (typically 1%) of the assets they manage, highlighting the potential impact on fees as clients' balances grow.  Daniel discusses issues related to low attention for small accounts, minimum account size requirements, and potential conflicts of interest, such as the disincentive t...

Financial Vitals - Don't Let Your Parents Get Hosed By Their Advisor

December 22, 2023 09:00 - 11 minutes - 9.7 MB

Today, Daniel discusses the importance of scrutinizing financial advisors, especially for individuals with aging parents who may be vulnerable to potential exploitation. He shares a case involving a couple, Josh and Mary, whose advisor raised concerns due to inefficient investment strategies.  The advisor held a substantial amount of cash in an IRA, with questionable high fees and poor interest rates. Additionally, the couple invested in high-cost mutual funds and expensive annuities, resu...

Coffee and Contracts - Hospitals are dropping Medicare Advantage plans left and right - 13 updates - 29 November 2023

December 21, 2023 09:00 - 4 minutes - 3.24 MB

Jon discusses the increasing trend of hospitals dropping Medicare Advantage plans, emphasizing the importance of understanding how healthcare providers get paid. Jon from Contract Diagnostics, highlights the potential impact on clinics and providers, as Medicare Advantage covers a significant portion of seniors.  The article quotes Scripps Health, stating that hospitals are adopting a strategy of "delay, deny, and not pay" for Medicare Advantage. Jon urges healthcare providers to be awar...

Coffee and Contracts - Changing landscape - Amazon - Walmart - etc...

December 20, 2023 09:00 - 6 minutes - 5.44 MB

Today, Jon from Contract Diagnostics, discusses the changing landscape of healthcare with major players like Amazon, Google, Apple, and Berkshire Hathaway entering the field. He anticipates the impact of artificial intelligence on healthcare in 2024 but notes the challenges faced by these companies in executing their plans.  Jon believes that while technology may play a role, the personal relationship between patients and physicians will endure, especially in private practices. He suggests...

Mortgage Minute - What happens when you apply for a mortgage?

December 19, 2023 09:00 - 22 minutes - 17.4 MB

Applying for a mortgage does involve pulling credit. Many are worried about their credit score going down after pulling credit, but it is usually a minimal and temporary impact to your credit score. He also cautions against making any big purchases while in the process of getting a mortgage. He explains how secure portals work for uploading your supporting documents and goes into details about which documents may be requested.  For more information about Doug Crouse, go to www.DougCrous...

Grand Rounds - Exploring passive and residual income with Clint Harris

December 18, 2023 09:00 - 33 minutes - 25.1 MB

Clint Harris is a partner with Nomad Capital and podcast host of Truly Passive Income. He explains how "independence of purpose" can mean more than just financial freedom. We also explore active versus passive income. Any good investment requires time, experience and money, but the purpose of passive investments is to "buy" someone else's time and experience to increase your return on investment.  We talk in depth about syndications and how they can not only boost your retirement, but ca...

Financial Vitals - How To Navigate New Practice, New House, New Job, New Location

December 16, 2023 09:00 - 14 minutes - 11.4 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! In this discussion, Daniel addresses a common question from individuals entering a new stage in life or transitioning into a new job with a higher income. The main concern is how to navigate the overwhelming array of decisions that come with these changes, such as managing finances, paying off debt, saving for the future, and balancing personal life...

Financial Vitals - Do This Before Goal Setting

December 15, 2023 09:00 - 23 minutes - 18.1 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! In this message, the speaker discusses the importance of aligning one's wealth and values for a more fulfilling life. Recording in mid-December, the speaker suggests that, before setting goals, it is crucial to reflect on personal values. Drawing from philosophical perspectives, the speaker explores the idea of a fulfilling life, emphasizing virtues...

Coffee and Contracts - Who's reviewing your contract?

December 14, 2023 09:00 - 5 minutes - 3.84 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! In this brief message, Jon emphasizes the importance of understanding the individuals you communicate with during contract reviews. He encourages users to explore the profiles of Contract Diagnostics' experienced team members when signing up for their services. Jon highlights the extensive backgrounds of the team, each with 10 to 30 years of experie...

Coffee and Contracts - AI policy and hospitals

December 13, 2023 09:00 - 6 minutes - 4.9 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! In this podcast episode, Jon from Contract Diagnostics discusses the growing use of artificial intelligence (AI) in the workplace, particularly in the field of contract reviews. He highlights the challenges employers face in establishing policies around AI, especially in healthcare settings where physicians use it to analyze patient data. Employer...

Mortgage Minute - How much house can you afford?

December 12, 2023 09:00 - 11 minutes - 8.79 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Doug talks today about how banks decide how much money they will loan you. He explains debt-to-income ratio. He also cautions about buying too much house, which could make you "house poor."  If you would like a free copy of Doug's book, Hippocratic House: Do No Harm When Purchasing Your First Physician Home, go to www.DougCrouse.com to request a ...

Grand Rounds - Living between YOLO and FIRE with Dr. Pouneh Alizadeh

December 11, 2023 09:00 - 21 minutes - 13.8 MB

This episode is sponsored by Freed.AI - Get 50% off your first month of using their AI-powered medical scribe software! Add FR50 to your cart! Dr. Pouneh Alizadeh came out of residency and lived a traditional employed physician life, but found that over time the demands were too much and she was missing out on life with her family.  She decided to venture out on her own and live a purposeful life where she could separate her time at work, be with her family more and be present for each. ...

Financial Vitals - Regain Autonomy And Improve Care With Private Practice Medicine with Dr Marcelo Hochman

December 09, 2023 09:00 - 49 minutes - 30.7 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Join Daniel Wrenne as he sits down with Dr. Marcelo Hochman, the founder of South Carolina's esteemed Facial Surgery Center, double Board-certified facial plastic and reconstructive surgeon, and President of Independent Doctors of South Carolina (IndeDocs). In this engaging episode, they delve into the intricate landscape of medical careers, exploring the choices be...

Financial Vitals - Are Roth IRAs Really This Bad?

December 08, 2023 09:00 - 27 minutes - 20.2 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Daniel discusses an article titled "Why a Roth IRA is a Bad Idea," where the author claims to have lost nearly $400,000 to a Roth IRA and suggests that most people are losing money with this investment.  Daniel critiques the article, pointing out misleading aspects, unclear calculations, and a lack of consideration for individual situations. He emphasizes that for p...

Coffee & Contracts - When to contact us?

December 07, 2023 09:00 - 4 minutes - 3.51 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com In this brief message, Jon from Contract Diagnostics advises physicians to reach out to their firm early in the job search or contract negotiation process. He stresses the importance of early engagement, mentioning instances where physicians have sought assistance for contracts as far out as 2026. Jon suggests contacting Contract Diagnostics three months before site...

Coffee & Contracts - How to look at a job posting

December 06, 2023 09:00 - 7 minutes - 5.7 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com In this brief message, Jon from Contract Diagnostics discusses the current trend of people looking for jobs well in advance, with some contracts extending into 2026.  He emphasizes the importance of understanding how to assess job postings, pointing out key factors like salary, benefits, role details, and potential partnerships. Jon acknowledges that recruiters may ...

Mortgage Minute - New lending limits for 2024

December 05, 2023 09:00 - 6 minutes - 4.63 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Fannie Mae and Freddie Mac are raising their lending limits for conforming loans in 2024. This may affect borrowers in different ways depending on the lender they are using for their loan. Find out if this may affect you.  To learn more about Doug Crouse or to get a free copy of his book, go to www.DougCrouse.com. 

Grand Rounds - Investing in multifamily units with Veena Jetti

December 04, 2023 09:00 - 34 minutes - 24.2 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Veena Jetti has been very successful in investing in multifamily properties for more than a decade. Her company Vive Funds has transacted over $1 billion in real estate. She shares how she got started, finds investors and chooses properties. She also talks about surviving in the real estate market despite higher acquisition costs and interest rates that have doubled...

Financial Vitals - Improving Medicine With Vulnerability

December 02, 2023 09:00 - 46 minutes - 31.9 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Physicians feel the pressure to be perfect, and sometimes hide or fail to address their own mental wellness. Medicine’s intense focus on the quality of patient care is generally a good thing, but in some cases has unintended negative consequences. It takes courage for a physician to be vulnerable. In this episode of the Finance For Physicians Podcast, Daniel Wrenne ...

Financial Vitals - How Physician Moms Can Have It All Without Giving It All

December 01, 2023 09:00 - 47 minutes - 30.9 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com   Why are so many female physicians dropping out of the profession? It’s extremely challenging to achieve balance as a physician mom. Not only are you a mom who is raising your own children, but a physician taking care of patients—besides having to deal with gender discrimination issues and the global pandemic.      In this episode of the Finance For Physicians ...

Mortgage Minute - What does it mean to recast your loan?

November 30, 2023 09:00 - 5 minutes - 3.67 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com   Many people wonder if it is a good thing to pay a lump sum to pay down their loan. If you do that, your bank may allow you to do two things.   You can simply continue to make the previously determined monthly payments, which will allow you to pay off your loan early.    Or you can ask the bank to recalculate based on the new owed balance and give you a low...

Coffee & Contracts - CMS changes and what it means

November 29, 2023 09:00 - 8 minutes - 6.22 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com In this podcast segment, Jon discusses the recent announcements from CMS (Centers for Medicare & Medicaid Services) regarding new guidelines for 2024. He highlights a global reduction of 1.25 in overall payment rates, affecting various medical specialties.  Despite the decrease, there are significant increases for primary care and direct patient care services.  Jo...

Coffee & Contracts - PCP pay them more

November 28, 2023 09:00 - 5 minutes - 4.13 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Today, Jon from Contract Diagnostics discusses the shortage of primary care physicians in the United States and attributes it to lower compensation compared to specialists. He emphasizes the need to pay primary care physicians more to attract and retain talent.  Jon mentions the recent CMS rule for 2024, noting a decrease in the Medicare reimbursement rate for some ...

Grand Rounds - How do investments and taxes change as you approach retirement with Daniel Wrenne

November 27, 2023 09:00 - 32 minutes - 25.5 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Daniel Wrenne talks about planning for retirement and how your mindset and goals for retirement can affect your investments and depletion of assets. The main takeaway from today's episode is: Make a plan, make a plan, make a plan! If you are in need of a financial advisor, you can learn more about Daniel Wrenne at www.WrenneFinancial.com or email him at Daniel@Wren...

Financial Vitals - What Type Of Life Insurance Should You Own

November 25, 2023 09:00 - 51 minutes - 41.4 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Life Insurance: How does it work and do you really need it? Are you worth more or less alive or dead? What you need to know to protect yourself and your loved ones.   In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks about what type of life insurance you should own. When you are young and healthy, cover your life or earning potential because...

Financial Vitals - The Key Process Behind Using Money To Live Better Lives with Jennifer Quire

November 24, 2023 09:00 - 28 minutes - 18.4 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Money isn’t always the key to happiness. What are the key financial planning processes for using your money to live a better life?  In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks with his colleague, Jennifer Quire, a fellow Certified Financial Planner CFP®. As financial planners, Daniel and Jennifer’s goal is to help physicians use their ...

Coffee & Contracts - CMS changes for 2024

November 23, 2023 09:00 - 2 minutes - 2.08 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com In the 2024 Medicare payment rule, the CMS has announced a 1.25 percent reduction in overall payment rates. However, there are notable increases in payment rates for primary care and direct patient care services.  The changes aim to balance healthcare quantity and access, and further analysis of the impact on various specialties will be provided by Contract Diagnost...

Coffee and Contracts - AI policy and hospitals

November 22, 2023 09:00 - 6 minutes - 4.67 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Jon from Contract Diagnostics discusses the increasing role of artificial intelligence (AI) in the workplace, particularly in the context of contract reviews and healthcare.  He highlights the challenges employers face in establishing policies for AI usage and the concerns surrounding trust and accuracy. Jon expresses excitement about the potential benefits of AI, ...

Mortgage Minute - Locking rates and paying points for lower rates

November 21, 2023 09:00 - 10 minutes - 7.7 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Confused on when you can or should lock your rate for a new mortgage? When you turn in a contract for a home purchase, you can lock the rate at that point or you may choose to "float the rate" if you think rates might go down before your loan closes.  Also, should you spend points to get a lower rate? Maybe. You need to understand how long it would take to "break ...

Grand Rounds - How perfectionism and people pleasing leads to burnout with Dr. Megan Melo

November 20, 2023 09:00 - 23 minutes - 14.2 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Physicians tend to be Type A personalities who need everything to be "just so." We are often people-pleasers who have a hard time saying no. Now throw in the propensity to undervalue our training and knowledge when coding and you end up with an underpaid, burned out doctor. Dr. Megan Melo works with physicians to help them recognize these habits that contribute to e...

Financial Vitals - How to Save Money on home and Auto Insurance with Andrew Wethall

November 18, 2023 09:00 - 47 minutes - 34.4 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com If you drive a car and/or rent or own a home, do you know how to purchase and save money on home and auto insurance while maintaining adequate coverage?    In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks to Andrew Wethall, an independent home and auto insurance agent for Energy Insurance Company. Andrew lives in Louisville, Kentucky, but w...

Coffee & Contracts - Upfront dollars and repayment

November 17, 2023 09:00 - 7 minutes - 4.79 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com In this episode of "Coffee and Contracts," Jon from Contract Diagnostics discusses various aspects of signing bonuses, relocation amounts, and other upfront cash offered by employers to physicians. He highlights the wide variation in these amounts and emphasizes the importance of understanding the repayment provisions associated with such bonuses. Jon explains that ...

Financial Vitals - Teaching your Children about Money

November 16, 2023 09:00 - 51 minutes - 36.5 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com If you avoid talking about money with your children, then who pays for it later in life? Whether you know it or not, you’re teaching your children about money every day. Teach them what works and what doesn’t when it comes to finances.  In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks to Dr. David Weisenhorn about money and parenting. David...

Coffee & Contracts - Do you share what you earn?

November 15, 2023 09:00 - 5 minutes - 4.2 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Today, Jon from Contract Diagnostics discusses the delicate issue of whether physicians should share information about their compensation with colleagues. He emphasizes the importance of understanding the confidentiality clauses in employment contracts, which often prohibit discussions about compensation terms with colleagues.  The speaker acknowledges that despite ...

Mortgage Minute - Planning ahead to making closing on your house a smooth process

November 14, 2023 09:00 - 8 minutes - 6.35 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Doug talks about special circumstances that may come up at closing. If you are aware of these things and plan ahead, it can save you many headaches in the days leading up to the closing on your new home. For example, if you know you will be out of town, you can either designate someone to sign on your behalf or have the lender arrange for a remote notary to meet you...

Grand Rounds - The 411 of investing in oil, minerals and natural commodities with Troy Eckard of Eckard Enterprises

November 13, 2023 09:00 - 38 minutes - 26.2 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Troy Eckard has been investing and working in the oil and natural commodities industry since 1985. He talks to us today about the potential for investing directly in this industry. He shares the history, current state of the market and projections for the future.  He explains how oil and gas is tied directly to inflation and real estate, which makes it a favorable i...

Financial Vitals - Why Is Permanent Life Insurance Such A Terrible Short Term Investment

November 11, 2023 09:00 - 35 minutes - 29.1 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com   Does permanent life insurance make sense or not? Is it the right or wrong short-term investment?    In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks about what you should look for and avoid to navigate the purchase of permanent life insurance.     Topics Discussed: • Permanent Life Insurance Components: Cash value and death bene...

Coffee & Contracts - PA_NP's growing in popularity

November 09, 2023 09:00 - 7 minutes - 4.82 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Jon from Contract Diagnostics discusses a report from AMN, the parent company of Merritt Hawkins, focusing on the increasing demand and salaries for nurse practitioners (NPs) and physician assistants (PAs).  He highlights the importance of physicians understanding clauses in their contracts related to supervising NPs and PAs, emphasizing factors such as the number o...

Coffee & Contracts - The cost of physician turnover

November 08, 2023 09:00 - 5 minutes - 4.27 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Jon from Contract Diagnostics highlights the financial impact of physician turnover on organizations and emphasizes the importance of proactive discussions about compensation and other job-related factors.  He advises physicians to be vocal, aware, and well-prepared during contract renewals to ensure their needs are addressed.  Contract Diagnostics offers assistan...

Mortgage Minute - How a 89.9% loan may save you money over a 90% loan

November 07, 2023 09:00 - 4 minutes - 3.14 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Doug offers a tip to help you get a better interest rate or save on fees when getting quotes from different lenders.  To learn more about Doug Crouse or to get a free copy of his book, go to www.DougCrouse.com.

Grand Rounds - Locums and Independent Contracting with Dr. Holly Shen

November 06, 2023 09:00 - 29 minutes - 21.3 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Dr. Holly Shen is an OB/GYN doc who decided to forego being employed and venture out as an independent contractor. She started a group on Facebook to help educate and empower other OB docs who are thinking of doing the same. She shares her experiences in finding jobs, securing insurance (both malpractice and health), getting licensed in multiple states, transferring...

Financial Vitals - Throw Out The Rent Vs Buy Rules Of Thumb

November 04, 2023 08:00 - 35 minutes - 28.1 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Are you buying or renting? What are the perks of being a homeowner? Think through and focus on both financial and non-financial reasons. In this episode of the Finance For Physicians Podcast, Daniel Wrenne talks about the rules of thumb when deciding whether to buy or rent a home. Topics Discussed: • Why buy? Live in it 3-5 years to break even and recoup upfront...

Financial Vitals - How will the Russian and Ukraine War Affect your Planning

November 03, 2023 08:00 - 35 minutes - 28.1 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com How was the U.S. economy before the war between Russia and Ukraine started? How have things changed and what will they look like in the future? Expect a ripple effect! In this episode of the Finance for Physicians Podcast, Daniel Wrenne talks about how the Russian and Ukraine War will affect financial planning and economic adjustments in the United States and other ...

Coffee & Contracts - Different Contract Review firms?

November 02, 2023 08:00 - 5 minutes - 4.22 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com In this message, Jon from Contract Diagnostics highlights the importance of contract reviews for physicians. He discusses various aspects of contract reviews, such as the percentage of non-negotiable contracts and the need for changes in physician contracts.  Jon emphasizes the differences between contract review firms, including their services and pricing structure...

Coffee & Contracts - How Often should you have a raise?

November 01, 2023 08:00 - 6 minutes - 4.56 MB

This episode is sponsored by Eckard Enterprises. To start empowering your financial future, visit www.EckardEnterprises.com Jon from Contract Diagnostics is addressing the question of how often one should expect an increase in pay. He explains that pay increases can vary depending on the employer and the terms outlined in the employment agreement. Some employers offer annual pay increases, while others may base it on factors such as MGMA data or blended survey data.  Jon emphasizes that ...

Guests

Travis Hornsby
3 Episodes
Bobby Lee
1 Episode
Robert Farrington
1 Episode