The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes |  Business Of Medicine | Financial Education
S2, Episode 9-Why LinkCapital Is the Secret Ingredient To Destroying Your Debt

S2, Episode 9-Why LinkCapital Is the Secret Ingredient To Destroying Your Debt

October 18, 2019

As many of you know who read the Freedom Formula for Physicians, I have a passion for reducing, eliminating, and destroying debt.

When the banks were thrown into the pits in the depths of the debt crisis, we’ve seen a tremendous change in the way student loans have operated and now with several companies, even residents and fellows could refinance their debts!

Our next guest got her undergrad at Harvard. She holds an MBA from Wharton. She also has been in strategic planning roles with American Express. And she even worked as a financial advisor for high net worth individuals through JP Morgan.

Now, she’s doing some really neat stuff with all that banking experience through a relatively young firm, Link Capital.

In this podcast, you will learn:

- Why LinkCapital Is Focusing On Physicians & How You Can Refinance Your Debts As a Resident or Fellow

- Learn the crazy amount (it's less than IBR) that you need to pay while in residency

- How rising interest rates is effecting what LinkCapital is charging

- Could your loan be sold after they refinance it? Find out what happens afterwards.

For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

S2, Episode 8-How to (Legally) Max Out Your Social Security

S2, Episode 8-How to (Legally) Max Out Your Social Security

October 11, 2019

Are you getting close to retirement? Have you been wondering what to do about social security?

Is there a right way to take the money?

In this podcast, Dave Denniston talks about what's been happening with social security and how it effects you. He breaks it down by age and what each person should be thinking about.

He reveals...

- Why people have been file and suspending. Is this something you should do (or can do)?

- The strategy that he made sure his parents used (but isn't available much longer for those over 61 years old)

- How people younger than 60 should think about social security and the three strategies that are still available to them

Resources Mentioned:

D'oh! File & Suspend Has Been Suspended!

 

For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

S2, Episode 7-A New Way To Become The MacGyver of Reimbursements

S2, Episode 7-A New Way To Become The MacGyver of Reimbursements

October 4, 2019

Have you ever felt like your income is getting flatter than a pancake? Have you felt the pressure from decreasing reimbursements? Wondering if you could get that productivity bonus?

Your host, Dave Denniston, was recently reading an article that was eye-opening on a common method that physicians miss.

In this podcast, Dave Denniston talks about this method and how primary care docs (and perhaps many others) can drastically increase the revenue per patient.

For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

S2, Episode 5-How IBR and PER Could Help You Win The Game of Thrones

S2, Episode 5-How IBR and PER Could Help You Win The Game of Thrones

September 27, 2019

In the last episode, we walked through the Public Service Loan Forgiveness (PSLF) program.

It's the most common way physicians get their loans forgiven.

But, once you decide to enroll in that program... you have to wrestle with the incredibly tough question of, which repayment plan should I choose?

In this podcast, we explore when, why, and how you should choose a given repayment plan.

Check it out and let Dave know what you think!

For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

S2, Episode 4-9 Insane (But True) Things About PSLF

S2, Episode 4-9 Insane (But True) Things About PSLF

September 20, 2019

Have you ever wondered, what the heck can I do about all this debt?

Is a debt forgiveness program right for me?

In this podcast, Dave reveals 9 incredibly important aspects that you need to know about the most popular debt forgiveness program, the Public Service Loan Forgiveness Program (PSLF).

He outlines who is eligible for this program, how much you have to work, and when you should start to apply.

If you are under a mountain a debt, make sure to check this out!

For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

S2, Episode 3-19 Facts About Health That Everyone Thinks is True with Dr. Wendie Pett

S2, Episode 3-19 Facts About Health That Everyone Thinks is True with Dr. Wendie Pett

September 13, 2019

In medicine, we talk a lot about prevention. Have you ever felt like you were preaching to the choir? That maybe you let your own health slip, that maybe you need some help and some tips with taking care of your own health.

There are many doctors who are happy and healthy, and then there are those of us who are struggling with burn-out and the grind of practicing medicine.

In this podcast, Wendie reveals:

- Learn the effects of having no margin on your day

- How one piece of advice could drastically change your health

- 3 Pieces of shocking health advice you may not know (Hint: This is led by research of cutting-edge physicians)

- Discover the "Dirty Dozen"

For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

S2, Episode 2-3 Practice Building Lessons from Beachbody

S2, Episode 2-3 Practice Building Lessons from Beachbody

September 6, 2019

In this podcast, Dave reveals one of his greatest passions- working out!

He's never been a jock, but he has put a ton of effort and resources into staying in shape. Since moving to Minnesota, he's invested in products from Beachbody, the makers of P90X, Insanity, and T25.

Have you ever felt like you never got the financial education, the business education that you wanted? Many physicians feel this way and with all of the time spent on training and residency, it's not surprise.

As he's reflected on these exercise products and their business and their marketing, he extracted 3 practice building lessons that physician can apply from Beachbody.

For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/

[Throwback] S1, Episode 35 Dave Sounds Off- Rent vs. Buy- Is Mr. Money Mustache Right???

[Throwback] S1, Episode 35 Dave Sounds Off- Rent vs. Buy- Is Mr. Money Mustache Right???

August 30, 2019

Rent versus Buying.

We should all rent???

Is Mr. Money Mustache Right??

Dave breaks it down to talk about how Mr. Money Mustache got it right.... and how he got it wrong- specifically for physicians.

He rants for a few minutes on the top decisions physicians need to make in considering when to buy their first place.

What about you?

Are you renting a home? Did you buy a home? Why?

Do you regret your decision?

What advice would you give to a medical student or a resident/fellow?

For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com

[Throwback] S1, Episode 34-Dave Sounds Off- What Dave Ramsey Missed

[Throwback] S1, Episode 34-Dave Sounds Off- What Dave Ramsey Missed

August 23, 2019

In this podcast, Dave Denniston talks about an article he read recently on Dave Ramsey's website.

You can check out that article here.

He rants for a few minutes on the top decisions physicians need to make in considering what to do for their kiddos' education.

In this podcast, you'll learn the 5 BIGGER questions you should be asking before your child goes to college.

For all the show notes, transcription and more, check out the podcast website at www.doctorfreedsompodcast.com

S1, Episode 33-Kim Aikens- When Physician Mindfulness Training is More Tempting Than a Cinnabon

S1, Episode 33-Kim Aikens- When Physician Mindfulness Training is More Tempting Than a Cinnabon

August 16, 2019

Have you ever been at a place where you just didn't want to go to work anymore? Maybe... you're feeling tired, emotionally callous, worn-out... burned out.

I read a statistic the other day that shocked me... 50%, yup, that's no lie, 50%- 1 out of every 2 physicians are burned out today.

Our next guest is a physician that underwent fellowship training in integrative medicine. She spent 15 years in a private internal medicine practice. She then transitioned out of practice by combining integrative medicine with mindfulness solutions.

Today, she is helping physicians navigate through turbulent waters to find peace of mind and living the life of their dreams.

In this podcast, Dr. Aikens reveals:

- 5 ways mindfulness can increase your resilience

- How physicians get caught like a deer in the headlights & the myth of the stories we tell ourselves

- Discover the story of one cardiologist who wanted to stay in medicine & re-found his passion & love for medicine

- 3 facts about physician coaches that will keep you up at night, if you don't have the right coach!

Resources Mentioned:

Seak Non-Clinical Career Conference

"Resilience" by Steven Southwick

"What Happy People Know" by Dan Baker

"4 Hour Work Week" by Tim Ferriss

 

For all the show notes, transcription and more, check out the podcast website at http://doctorfreedompodcast.com/