According to studies conducted by the American Psychological Association, the number one financial stressor for households is money - personal finance. That makes talking about money with your partner a really important topic for everybody to understand.  Why is talking about money with your partner important?   For alignment with your partner    To ensure you’re working towards the same goals    Personal finance is one of the top reasons for divorce   Divorce is one of the biggest wealth-killers   I want you to live a life of wellness, and for many people that means having the money you need and people you love to share it with.  So whether you're married or not, you should be having financial conversations with the significant other in your life.  But maybe first you need to know HOW to have this conversation. Check out this episode to learn more. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

According to studies conducted by the American Psychological Association, the number one financial stressor for households is money - personal finance. That makes talking about money with your partner a really important topic for everybody to understand.  Why is talking about money with your partner important? <ul> <li> For alignment with your partner  </li> <li> To ensure you’re working towards the same goals  </li> <li> Personal finance is one of the top reasons for divorce </li> <li> Divorce is one of the biggest wealth-killers </li> </ul> I want you to live a life of wellness, and for many people that means having the money you need and people you love to share it with.  So whether you're married or not, you should be having financial conversations with the significant other in your life.  But maybe first you need to know HOW to have this conversation. Check out this episode to learn more. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

Talking About Finances With Your Partner

Did you know that when it comes to investing, keeping it simple often leads to better returns? Keeping it simple is not just my or Lisha’s opinion - studies show that this is a more effective, sustainable way to go about investing. Why? Because it turns out that as humans, we don't like as many choices as we think we do. We take action less often when we feel overwhelmed with choices. Just think of the last time you asked your partner where they wanted to go for dinner… In fact, in a jam (yes, jam) display study on consumer habits, a display case with 24 varieties of jam received more customer traffic but ten times fewer sales than a display case featuring only 6 jams. When we have too many choices, we often don’t choose at all. Also known as: analysis paralysis.  We love talking about the psychology of investing, so let’s dive into some of those principles and how simplicity can help you when it comes to real-life application.  In this episode, we discuss:Examples of analysis paralysis (7:25)  How Lisha operates psychologically when it comes to investing (10:06)   A great way to start when you’re new to investing (15:49)   Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

Did you know that when it comes to investing, keeping it simple often leads to better returns? Keeping it simple is not just my or Lisha’s opinion - studies show that this is a more effective, sustainable way to go about investing. Why? Because it turns out that as humans, we don't like as many choices as we think we do. We take action less often when we feel overwhelmed with choices. Just think of the last time you asked your partner where they wanted to go for dinner… In fact, in a jam (yes, jam) display study on consumer habits, a display case with 24 varieties of jam received more customer traffic but ten times fewer sales than a display case featuring only 6 jams. When we have too many choices, we often don’t choose at all. Also known as: analysis paralysis.  We love talking about the psychology of investing, so let’s dive into some of those principles and how simplicity can help you when it comes to real-life application. <ul> <li>In this episode, we discuss:Examples of analysis paralysis (7:25)</li> <li> How Lisha operates psychologically when it comes to investing (10:06) </li> <li> A great way to start when you’re new to investing (15:49) </li> </ul> Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

The Importance of Keeping Investing Stupid Simple (KISS)

For those who have no idea what to do with the upcoming student loan payments restarting, and the millions who will need to enroll in a student loan plan… are you overwhelmed yet? Understandably, a lot of physicians are anxious about how loan terms are going to roll out, what it means for their finances, and how it will affect their lives. As we know, keeping up with the recent loan changes is an ongoing process, and it can be hard to keep all the details straight. Plus, how do we know the advice we’re getting actually applies to our specific loan scenario? Help is here. Today, we’re going to share some of the specific loan scenarios we’ve encountered when we help physicians manage their finances through Attend.  Tune in for step-by-step instructions on how to figure out your best options for student loan repayment. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

For those who have no idea what to do with the upcoming student loan payments restarting, and the millions who will need to enroll in a student loan plan… are you overwhelmed yet? Understandably, a lot of physicians are anxious about how loan terms are going to roll out, what it means for their finances, and how it will affect their lives. As we know, keeping up with the recent loan changes is an ongoing process, and it can be hard to keep all the details straight. Plus, how do we know the advice we’re getting actually applies to our specific loan scenario? Help is here. Today, we’re going to share some of the specific loan scenarios we’ve encountered when we help physicians manage their finances through Attend.  Tune in for step-by-step instructions on how to figure out your best options for student loan repayment. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

Plan for student loans when payments restart

Whether you’re planning to take a vacation this summer or in the near future, you may be looking for some financially savvy ways to prepare. Lucky for you, one of the secrets of life that I've learned is how to incorporate intentional planning when it comes to personal finances and summer vacation.  That’s what this week’s Money Meets Medicine podcast is all about. Just a few of the topics we’ll cover include: 3 ways vacation gives us psychological benefits   How to be intentional about taking vacation   Saving for vacation in a way that works for you   Tips for making travel more manageable   Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

Whether you’re planning to take a vacation this summer or in the near future, you may be looking for some financially savvy ways to prepare. Lucky for you, one of the secrets of life that I've learned is how to incorporate intentional planning when it comes to personal finances and summer vacation.  That’s what this week’s Money Meets Medicine podcast is all about. Just a few of the topics we’ll cover include: 3 ways vacation gives us psychological benefits <ul> <li> How to be intentional about taking vacation </li> <li> Saving for vacation in a way that works for you </li> <li> Tips for making travel more manageable </li> </ul> Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

Personal Finances and Summer Vacation

We interview Will Flanary, who is perhaps better known by his comedic stage name: Dr. Glaucomflecken. Just a few of the awesome topics we cover in our conversation:  Charitable giving  Will’s battle with testicular cancer and the time he had a cardiac arrest   His thoughts on physician side gigs and residents unionizing   … he even shares his biggest personal finance mistake    Click here to download the Attend App for Doctors. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

We interview Will Flanary, who is perhaps better known by his comedic stage name: Dr. Glaucomflecken. Just a few of the awesome topics we cover in our conversation: <ul> <li>Charitable giving</li> <li> Will’s battle with testicular cancer and the time he had a cardiac arrest </li> <li> His thoughts on physician side gigs and residents unionizing </li> <li> … he even shares his biggest personal finance mistake </li> </ul> <a href="https://apps.apple.com/us/app/attend-for-doctors/id1640304249" rel="nofollow" target="_blank"> Click here to download the Attend App for Doctors</a>. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

Dr. Glaucomflecken Talks Personal Finance

July is the time of year when those in the medical field experience the most transition – whether to your next level of training, moving to a new institution for fellowship or residency, or taking your first job as an attending. It can be overwhelming. Make sure you’re equipped with the right questions to ask to make your job transition less intimidating and stressful. Here are a few financial considerations to make when you’re starting a job.  Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com 

July is the time of year when those in the medical field experience the most transition – whether to your next level of training, moving to a new institution for fellowship or residency, or taking your first job as an attending. It can be overwhelming. Make sure you’re equipped with the right questions to ask to make your job transition less intimidating and stressful. Here are a few financial considerations to make when you’re starting a job.  Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com </a>

Financial Considerations When Starting a Job

50% of doctors change jobs in the first 2-4 years of their career, but knowing how to properly handle a job transition is relevant to every physician at every stage of their career. Financial advice for doctors doesn’t often cover this topic, so we’re more than happy to dive into it with you here.  Maybe you’re coming out of your first job in training, maybe you’re an attending changing jobs, or you’re moving out of academics to another field. You honestly don’t know when certain opportunities will arise, or how life will happen and cause you to change your plans. Lisha has a job transition on the horizon herself as she prepares to leave her residency in LA and become an attending physician, so it’s a timely topic and widely applicable no matter where you are in your career journey. Job transitions can be tricky enough when you’re careful. There are a few more things to consider in a new job as a physician than in most other careers - we’re going over 9 today. Be sure to keep them in mind as you set the course for your next career move.   Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com 

50% of doctors change jobs in the first 2-4 years of their career, but knowing how to properly handle a job transition is relevant to every physician at every stage of their career. Financial advice for doctors doesn’t often cover this topic, so we’re more than happy to dive into it with you here.  Maybe you’re coming out of your first job in training, maybe you’re an attending changing jobs, or you’re moving out of academics to another field. You honestly don’t know when certain opportunities will arise, or how life will happen and cause you to change your plans. Lisha has a job transition on the horizon herself as she prepares to leave her residency in LA and become an attending physician, so it’s a timely topic and widely applicable no matter where you are in your career journey. Job transitions can be tricky enough when you’re careful. There are a few more things to consider in a new job as a physician than in most other careers - we’re going over 9 today. Be sure to keep them in mind as you set the course for your next career move.   Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com </a>

9 Considerations When Changing Jobs

You may have already heard about President Biden’s student loan forgiveness plans, but what does that mean for you? We’re covering those qualifiers today, plus identifying three 2023 dates in particular that really matter for those managing student loan debt. Join us as we walk through those three important dates, what they mean, as well as the potential impact.  Plus: find out how to make sure you don’t get stuck with a surprise 4-figure loan payment. It’s everything you need to know about student loans as a doctor in 2023. Full disclaimer: this episode was recorded in advance. Please know any of this information could change at any time, but all information is true and correct to the best of our knowledge as of the time we shared it with you.  White house memo on student loan changes: https://www2.ed.gov/policy/highered/reg/hearulemaking/2021/futureofpslffactsheetfin.pdf?utm_content=&amp;utm_medium=email&amp;utm_name=&amp;utm_source=govdelivery&amp;utm_term= Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

You may have already heard about President Biden’s student loan forgiveness plans, but what does that mean for you? We’re covering those qualifiers today, plus identifying three 2023 dates in particular that really matter for those managing student loan debt. Join us as we walk through those three important dates, what they mean, as well as the potential impact.  Plus: find out how to make sure you don’t get stuck with a surprise 4-figure loan payment. It’s everything you need to know about student loans as a doctor in 2023. Full disclaimer: this episode was recorded in advance. Please know any of this information could change at any time, but all information is true and correct to the best of our knowledge as of the time we shared it with you.  White house memo on student loan changes: <a href="https://www2.ed.gov/policy/highered/reg/hearulemaking/2021/futureofpslffactsheetfin.pdf?utm_content=&amp;utm_medium=email&amp;utm_name=&amp;utm_source=govdelivery&amp;utm_term=" rel="nofollow" target="_blank">https://www2.ed.gov/policy/highered/reg/hearulemaking/2021/futureofpslffactsheetfin.pdf?utm_content=&amp;utm_medium=email&amp;utm_name=&amp;utm_source=govdelivery&amp;utm_term=</a> Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

3 Big Updates On Student Loans

Did you know that it's possible to make great financial progress while you spend money on things you enjoy? Yep, you read that right. It might be surprising to hear this in the financial space, but you worked hard to get to where you are. You deserve to enjoy some of the spoils and riches of all of that work that you put in to go through college, medical school, and residency. In the physician finance blogosphere, there are financial gurus that are out there who paint a dichotomous picture of only two possible money management options. Either you eat ramen for five years after you finish residency so you can meet your financial goals. Or you fall into the camp of YOLO hedonism, living it up, spending every dime and not saving anything. This black-and-white approach skips the view that you can do a little bit of both. You can be financially responsible for those first three to five years and for every year after that. AND, at the same time, you can actually enjoy life. It’s about finding balance. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

Did you know that it's possible to make great financial progress while you spend money on things you enjoy? Yep, you read that right. It might be surprising to hear this in the financial space, but you worked hard to get to where you are. You deserve to enjoy some of the spoils and riches of all of that work that you put in to go through college, medical school, and residency. In the physician finance blogosphere, there are financial gurus that are out there who paint a dichotomous picture of only two possible money management options. Either you eat ramen for five years after you finish residency so you can meet your financial goals. Or you fall into the camp of YOLO hedonism, living it up, spending every dime and not saving anything. This black-and-white approach skips the view that you can do a little bit of both. You can be financially responsible for those first three to five years and for every year after that. AND, at the same time, you can actually enjoy life. It’s about finding balance. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

Saving for Tomorrow While Enjoying Today

Did you know that as interest rates rise, the value of bonds falls? Should you even care about that? Are bonds a good investment for doctors?  In this episode, we’re tackling these questions and discussing the purpose of bonds in a doctor's portfolio, as well as the nuance of our current high interest environment. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com 

Did you know that as interest rates rise, the value of bonds falls? Should you even care about that? Are bonds a good investment for doctors?  In this episode, we’re tackling these questions and discussing the purpose of bonds in a doctor's portfolio, as well as the nuance of our current high interest environment. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com </a>

Do Bonds Belong in Your Portfolio?

On Money Meets Medicine, Dr. Jimmy Turner and Dr. Lisha Taylor combine their experience to teach you about the personal finance topics you wish you had learned in medical school. The MMM podcast will help you tackle your student loans, achieve financial independence, invest for retirement, and decrease your financial stress and burnout.Want to learn more? Check out what’s coming soon at Attend by visiting http://www.helloattend.comOn Money Meets Medicine, Dr. Jimmy Turner and Dr. Lisha Taylor combine their experience to teach you about the personal finance topics you wish you had learned in medical school.The MMM podcast will help you tackle your student loans, achieve financial independence, invest for retirement, and decrease your financial stress and burnout.Want to learn more? Check out what’s coming soon at Attend by visiting http://www.helloattend.com.Background: Dr. Turner is a practicing anesthesiologist at Wake Forest, author of The Physician Philosopher's Guide to Personal Finance, and Chief Medical Officer at Attend. Dr.Taylor is a sports medicine fellow and prior graduate of the Family Medicine residency at Emory whose superpower is all things student loans. She is the Director of Content Strategy and Business Development at Attend.For more information, visit HelloAttend.comTo download the Attend App for Doctors: https://apps.apple.com/us/app/attend-for-doctors/id1640304249

Maybe you're starting your intern year and you're considering investing as one of your steps in that journey. As July approaches, maybe you’re transitioning as a trainee from an institution or to a new job, you might be asking yourself, “Should I be investing in pre-tax vs Roth?”  It’s a really interesting topic and an important question, especially as interest rates and inflation changes.  When someone slides that 401k or that 403b form in front of you, it often gives you the option to choose whether you want to invest in a traditional pre-tax method where the money is taken out of your paycheck before it ever gets taxed. Or do you want it to get taxed immediately, and then get invested knowing that it'll never get taxed again in the future?  As it's been a couple of years since we tackled pre-tax versus Roth on this show, that’s what we’re diving into in this episode. We'll help you figure out the answers to these questions, or at least help you to make a more informed decision.  Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

Maybe you're starting your intern year and you're considering investing as one of your steps in that journey. As July approaches, maybe you’re transitioning as a trainee from an institution or to a new job, you might be asking yourself, “Should I be investing in pre-tax vs Roth?”  It’s a really interesting topic and an important question, especially as interest rates and inflation changes.  When someone slides that 401k or that 403b form in front of you, it often gives you the option to choose whether you want to invest in a traditional pre-tax method where the money is taken out of your paycheck before it ever gets taxed. Or do you want it to get taxed immediately, and then get invested knowing that it'll never get taxed again in the future?  As it's been a couple of years since we tackled pre-tax versus Roth on this show, that’s what we’re diving into in this episode. We'll help you figure out the answers to these questions, or at least help you to make a more informed decision.  Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

Pre-Tax versus Roth Investments

If you’ve ever needed to save up for a wedding, a car, or a home, yet you weren't quite sure about the best way to do it, this episode is for you. There are lots of reasons why you might be thinking about setting up short-term savings (savings you intend to need within 3-5 years).  But figuring out how to save money can be easier said than done. With so many options for investments and money management, how do you know the best place to start? And how can you be sure you’ll reach your savings goal by the time you’ll need the money? Let’s go over the 4 qualities your short-term savings methods should have, as well as ways to save money that feel simple and aligned with your personal finance goals.  Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

If you’ve ever needed to save up for a wedding, a car, or a home, yet you weren't quite sure about the best way to do it, this episode is for you. There are lots of reasons why you might be thinking about setting up short-term savings (savings you intend to need within 3-5 years).  But figuring out how to save money can be easier said than done. With so many options for investments and money management, how do you know the best place to start? And how can you be sure you’ll reach your savings goal by the time you’ll need the money? Let’s go over the 4 qualities your short-term savings methods should have, as well as ways to save money that feel simple and aligned with your personal finance goals.  Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

How to Save More Money

It often pays to work smarter, not harder, yet many doctors put in more and more hours to make more money in medicine. But is working more always a good idea? I think there are pros and cons to working more shifts in medicine. Personal finance is personal, and you have to assess whether you feel you’re being compensated fairly for the time and energy you put into your work.  If you’re not, you might be working for diminishing returns. Yes, you have expenses to cover, but remember the importance of work life balance, especially as it pertains to physician burnout. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com 

It often pays to work smarter, not harder, yet many doctors put in more and more hours to make more money in medicine. But is working more always a good idea? I think there are pros and cons to working more shifts in medicine. Personal finance is personal, and you have to assess whether you feel you’re being compensated fairly for the time and energy you put into your work.  If you’re not, you might be working for diminishing returns. Yes, you have expenses to cover, but remember the importance of work life balance, especially as it pertains to physician burnout. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com </a>

The Diminishing Return of Working More

With inflation and interest rates being what they are, one of the most common questions that we get nowadays is, “Should I invest or pay off debt? What should I be doing with my money?” Everywhere in medicine, inflation has an impact. One of the common areas where this naturally happens a lot is in regards to reimbursement rates and income. Doctors realize, “Hey, I haven't gotten a substantial raise in five or ten years, maybe more. And yet, inflation in 2022 is 6-9%.” So when we face these unprecedented rates of inflation, it makes sense to ask, “Should I invest or pay off debt?” Let’s dive in by covering specific financial tasks that doctors need to take into consideration. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out HelloAttend.com

With inflation and interest rates being what they are, one of the most common questions that we get nowadays is, “Should I invest or pay off debt? What should I be doing with my money?” Everywhere in medicine, inflation has an impact. One of the common areas where this naturally happens a lot is in regards to reimbursement rates and income. Doctors realize, “Hey, I haven't gotten a substantial raise in five or ten years, maybe more. And yet, inflation in 2022 is 6-9%.” So when we face these unprecedented rates of inflation, it makes sense to ask, “Should I invest or pay off debt?” Let’s dive in by covering specific financial tasks that doctors need to take into consideration. Looking for a comprehensive financial platform for doctors, by doctors that will help you to secure your financial future?  Make sure to check out <a href="https://helloattend.com" rel="nofollow" target="_blank">HelloAttend.com</a>

High-Interest Environment: Invest or Pay Off Debt?

Even though we’re self-proclaimed money nerds, it doesn't mean we don't make mistakes.  Physician finance isn’t your run-of-the-mill financial strategy. We have certain exceptions and special circumstances to watch out for. And sometimes even the most seasoned pro can make money mistakes. We’re still human, after all. So let’s normalize the idea that we’ll run into snags and learn new lessons as we work to figure out our personal finance goals. Tune in as Alicia and I share all the gory details of the financial mistakes we made in 2022. Looking to increase your financial literacy?  Make sure you check out Medical Degree Financial University: MDFU.CO

Even though we’re self-proclaimed money nerds, it doesn't mean we don't make mistakes.  Physician finance isn’t your run-of-the-mill financial strategy. We have certain exceptions and special circumstances to watch out for. And sometimes even the most seasoned pro can make money mistakes. We’re still human, after all. So let’s normalize the idea that we’ll run into snags and learn new lessons as we work to figure out our personal finance goals. Tune in as Alicia and I share all the gory details of the financial mistakes we made in 2022. Looking to increase your financial literacy?  Make sure you check out Medical Degree Financial University: <a href="https://www.MDFU.COM" rel="nofollow" target="_blank">MDFU.CO</a>

Money Mistakes We Made in 2022

Disability Insurance for Docs: physicianfinancialservices.com  Looking to increase your financial literacy?  Check out Medical Degree Financial University → MDFU.Co

Disability Insurance for Docs: <a href="http://physicianfinancialservices.com" rel="nofollow" target="_blank">physicianfinancialservices.com</a> Looking to increase your financial literacy?  Check out Medical Degree Financial University → <a href="https://www.MDFU.Com" rel="nofollow" target="_blank">MDFU.Co</a>

What To Do With Unexpected Money

A lot of us have an idea of what we should do with money that we earn on a regular basis from our physician jobs. Oftentimes it goes towards our typical cost of living expenses: bills, debts, savings, investments. But what about money you get that you weren't expecting? Because yes, most of us will, at some point, get at least a little money that we didn't expect. Regardless of the source – whether it’s an inheritance, a tax refund, or a bonus at work – we end up with one question. To get the disability insurance you need as a physician or to have an independent review of your current policy visit physicianfinancialservices.com

A lot of us have an idea of what we should do with money that we earn on a regular basis from our physician jobs. Oftentimes it goes towards our typical cost of living expenses: bills, debts, savings, investments. But what about money you get that you weren't expecting? Because yes, most of us will, at some point, get at least a little money that we didn't expect. Regardless of the source – whether it’s an inheritance, a tax refund, or a bonus at work – we end up with one question. To get the disability insurance you need as a physician or to have an independent review of your current policy visit <a href="http://physicianfinancialservices.com" rel="nofollow" target="_blank">physicianfinancialservices.com</a>

The Superpowers of a Taxable Brokerage Account

When it comes to doctors retiring early because of F.I.R.E. (financial independence retire early), there’s an inevitable argument made against it and why it’s ethically wrong for physicians to do. That argument says unless you practice medicine until the day you die, it's unacceptable. Whether it’s citing a physician shortage that doesn’t really exist or feeling as though doctors shouldn’t retire early because we’re doing something good for society, some feel like we should give of our time, skills, and talents as long as possible, discounting the sacrifices that doctors have already made up until this point.  They don’t realize that a 30 year career is actually 40 based on the amount of hours most physicians work in a week. But… Why even have this conversation? Are doctors actually retiring early?  Doximity’s 2021 study found that 21.8% of physicians considered early retirement due to overwork. Around 25% of women physicians considered early retirement, and 40% of medical groups saw doctors retire early from their medical group. These numbers are not small.  So let’s explore some of the possibilities around F.I.R.E. for physicians that can make life feel more liveable and enjoyable again.  Disability Insurance for Docs: physicianfinancialservices.com  Looking to increase your financial literacy?  Check out Medical Degree Financial University → MDFU.Co  2021 Doximity Early Compensation Report

When it comes to doctors retiring early because of F.I.R.E. (financial independence retire early), there’s an inevitable argument made against it and why it’s ethically wrong for physicians to do. That argument says unless you practice medicine until the day you die, it's unacceptable. Whether it’s citing a physician shortage that doesn’t really exist or feeling as though doctors shouldn’t retire early because we’re doing something good for society, some feel like we should give of our time, skills, and talents as long as possible, discounting the sacrifices that doctors have already made up until this point.  They don’t realize that a 30 year career is actually 40 based on the amount of hours most physicians work in a week. But… Why even have this conversation? Are doctors actually retiring early?  Doximity’s 2021 study found that 21.8% of physicians considered early retirement due to overwork. Around 25% of women physicians considered early retirement, and 40% of medical groups saw doctors retire early from their medical group. These numbers are not small. So let’s explore some of the possibilities around F.I.R.E. for physicians that can make life feel more liveable and enjoyable again.  Disability Insurance for Docs: <a href="http://physicianfinancialservices.com" rel="nofollow" target="_blank">physicianfinancialservices.com</a> Looking to increase your financial literacy?  Check out Medical Degree Financial University → <a href="http://MDFU.Co" rel="nofollow" target="_blank">MDFU.Co</a> <a href="https://c8y.doxcdn.com/image/upload/v1/Press%20Blog/Research%20Reports/Doximity-Compensation-Report-2021.pdf" rel="nofollow" target="_blank"> 2021 Doximity Early Compensation Report</a>

Is it wrong for doctors to retire early?

Physician disability insurance is something you have to get right. If you were to learn only one thing from me, this might be the one thing that I would want you to know. It’s the reason that Money Meets Medicine exists, and why I started The Physician Philosopher.  Your most important financial asset is your ability to earn an income. You work hard to get your training protecting this asset, and your ability to accumulate an income and everything else we teach you doesn't matter if you don't make money first. This is why physician disability insurance is so important.  But there are a lot of misconceptions about disability insurance, and our goal here is to clear some of that up. Disability Insurance for Docs: physicianfinancialservices.com  Nine things to know about disability insurance on KevinMD.com (Lisha’s post) Looking to increase your financial literacy?  Check out Medical Degree Financial University → MDFU.Co

Physician disability insurance is something you have to get right. If you were to learn only one thing from me, this might be the one thing that I would want you to know. It’s the reason that Money Meets Medicine exists, and why I started The Physician Philosopher.  Your most important financial asset is your ability to earn an income. You work hard to get your training protecting this asset, and your ability to accumulate an income and everything else we teach you doesn't matter if you don't make money first. This is why physician disability insurance is so important.  But there are a lot of misconceptions about disability insurance, and our goal here is to clear some of that up. Disability Insurance for Docs: <a href="http://physicianfinancialservices.com" rel="nofollow" target="_blank">physicianfinancialservices.com</a> Nine things to know about disability insurance on <a href="http://KevinMD.com" rel="nofollow" target="_blank">KevinMD.com</a> (Lisha’s post) Looking to increase your financial literacy?  Check out Medical Degree Financial University → <a href="https://www.MDFU.Co" rel="nofollow" target="_blank">MDFU.Co</a>

The Most Important Financial Task for Doctors

What if I told you that maybe you shouldn't save for your kid's college education?  There are tons of questions we have to ask ourselves (not just as parents, but as investors) about the concept of covering our kid’s entire college education. Are we really getting the value from this investment? Maybe tuition is worth $100,000 dollars, but is it worth a quarter of a million dollars? And how much am I willing to contribute?  To me, it’s an obvious choice if it comes down to saving for your kid’s college education versus your own retirement (retirement all day), but it’s a choice that gives a lot of physician parents heartburn.  Good news, though: there are more than just these two options. Set for Life Insurance → www.setforlifeinsurance.com Looking to increase your financial literacy?  Check out Medical Degree Financial University → MDFU.Co

What if I told you that maybe you shouldn't save for your kid's college education?  There are tons of questions we have to ask ourselves (not just as parents, but as investors) about the concept of covering our kid’s entire college education. Are we really getting the value from this investment? Maybe tuition is worth $100,000 dollars, but is it worth a quarter of a million dollars? And how much am I willing to contribute?  To me, it’s an obvious choice if it comes down to saving for your kid’s college education versus your own retirement (retirement all day), but it’s a choice that gives a lot of physician parents heartburn.  Good news, though: there are more than just these two options. Set for Life Insurance → <a href="http://www.setforlifeinsurance.com" rel="nofollow" target="_blank">www.setforlifeinsurance.com</a> Looking to increase your financial literacy?  Check out Medical Degree Financial University → <a href="https://www.MDFU.Co" rel="nofollow" target="_blank">MDFU.Co</a>

Should You Save for Your Kid’s College Education?

Ryan and Jimmy are such down to earth, relatable people, and provide such great information! I love being able to listen to both a physician’s and financial advisor’s point of view on the same podcast. I’ve had many “aha” moments while listening to these guys talk about not just money, but also life/career. Keep up the great work!

Say HELL YES to this podcast!

Excited for Ryan and Jimmys new podcast- first episode was great!

Great podcast!

On Money Meets Medicine, Dr. Jimmy Turner and Dr. Lisha Taylor combine their experience to teach you about the personal finance topics you wish you had learned in medical school. The MMM podcast will help you tackle your student loans, achieve financial independence, invest for retirement, and decrease your financial stress and burnout. Want to learn more? Check out what’s coming soon at Attend by visiting <a href="http://www.helloattend.com" rel="nofollow" target="_blank">http://www.helloattend.com</a> On Money Meets Medicine, Dr. Jimmy Turner and Dr. Lisha Taylor combine their experience to teach you about the personal finance topics you wish you had learned in medical school. The MMM podcast will help you tackle your student loans, achieve financial independence, invest for retirement, and decrease your financial stress and burnout. Want to learn more? Check out what’s coming soon at Attend by visiting <a href="http://www.helloattend.com" rel="nofollow" target="_blank">http://www.helloattend.com</a>. Background: Dr. Turner is a practicing anesthesiologist at Wake Forest, author of The Physician Philosopher's Guide to Personal Finance, and Chief Medical Officer at Attend. Dr.Taylor is a sports medicine fellow and prior graduate of the Family Medicine residency at Emory whose superpower is all things student loans. She is the Director of Content Strategy and Business Development at Attend. For more information, visit <a href="http://HelloAttend.com" rel="nofollow" target="_blank">HelloAttend.com</a> To download the Attend App for Doctors: <a href="https://apps.apple.com/us/app/attend-for-doctors/id1640304249" rel="nofollow" target="_blank">https://apps.apple.com/us/app/attend-for-doctors/id1640304249</a>

Money Meets Medicine with Dr Jimmy Turner and Dr Lisha Taylor

The best podcast episodes on romantic relationships. Episodes talk about the 5 love languages, intimacy, and the taboo topics of sexual desires and infidelity. This topic is a deep dive into the science and complexities that face us in our relationships with others. Add episodes you're interested into your queue below!

Best Episodes on Relationships & Love

The best podcast episodes on non-current politics. Covering topics such as universal basic income, democracy, poverty & justice and more. For anyone interested in learning more about politics that affect that world, not just now, but in the longer term. Add episodes you're interested into your queue below!