The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education

S2, Episode 27-3 Financial Pitfalls of Residents & Fellows

You’re finally done with medical school! Dreams of reclaiming your time & diving into your profession, doing what you love are filling you with more and more excitement.

You’re going to get paid!

Well… maybe, not a whole lot, but you are still getting paid!

Yet, in this transition to residency, you’re feeling scared. You’re frightened of this mountain of student debt. How are you going to climb up that mountain?

You wonder, how am I going to make it?

In this podcast, you will discover:

• How one physician got trapped with 4 different houses and what they are doing to claw out of it
• Why do physicians end up taking 15 years to pay off their debts when they could have done it sooner
• The biggest cash flow sucks that you can prevent in residency just by following this one simple tip

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

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S2, Episode 26-Crush It- Interview with Steve ‘The Hurricane’ Weiss

 

Our next guest is one sharp cookie. Most recently, he’s owned Hurricane Marketing Enterprises. He’s worked really diligently on systems and automation. He became a student to process and message. His business has grown astronomically since.

Besides being a business owner, he is also an incredible, powerful speaker and has an extremely popular YouTube channel.

Please help me welcome my friend Steve “The Hurricane” Weiss, the founder of Hurricane Marketing Enterprises.

In this podcast, you will learn:

• How he broke into healthcare (& his embarrassing mistake)
• Why he uses YouTube & how he has skyrocketed his business (& what you can apply and do with that info)
• Discover how physicians could increase their productivity bonuses with an incredibly smart method of showing better outcomes and through a very specific collaboration
• How physicians can know a good home healthcare agency from a bad agency (Hint: He gives us a free resource!)
• Discover his solution to increasing reimbursements post-operations & procedures

 

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

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S2, Episode 25-Let’s Cover Each Other’s Backs [A Fireside Chat with Amanda Liu]

Have you ever wondered... what would it be like to retire at 38 years old?

What would you do?

How would you live your life?

You are about to discover how one physician could do just that...

In this podcast, you will learn:

• The biggest difference between living overseas and in the US
• Why she was worried about her dad & how it led to a burning interest in money
• How she finished medical school with virtually no debt (Hint: She got most of her loans at a ZERO percent rate. Find out how she did it)
• Discover why she decided to buy a home in residency, even though most of us suggest not to

 

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

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S2, Episode 24-The 10 Most Difficult Years of My Life

Have you ever been in a spot where you wonder if you could keep on going?

You wonder if you're going to make it...

When you listen to this podcast, you're about to discover the hardest, most difficult years of my life.

You see- I had the pleasure of being interviewed on the Onward Nation podcast and I revealed things in that podcast that I never revealed before.

In just a moment, you're about to learn all about that journey..

In this podcast, Dave reveals:

• Why I focus on physicians and the two most difficult events in my life that nearly broke me.
• How I've overcome these tremendous adversities and the 3 daily habits that could help you too
• The lessons I've learned in the process that could keep you from making the same mistakes
• Some of the secret sauce tools and strategies that have helped me grow my business and that could help you too.

 

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

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S2, Episode 23-The Life Long Learner [A Physician Fireside Chat with Dr. Ilene Benator]

Are you the kind of physician that cannot stop learning? Are you obsessed with improving yourself and your craft?

If so, you'll love our next guest.

Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances.

This show is not always about actionable content. It is however a chance for you to see behind the curtains, to walk in another person’s shoes and experience their lives.

Our next guest was on the show last year. She gave us so much awesome actionable advice on how to protect yourself from malpractice lawsuits before they happen. She is generous enough to share more with us and what we can learn from her.

In this podcast, you'll find out...

- Why Her Grandmother Was Afraid That Being a Physician Would Kill Her Creativity

- Discover How She Almost Got Into Space Medicine & Her Dream Profession As a Kid

- Learn About The Obsession Of Being Both a Physician & An Author & How She Balanced Both Worlds

- The Course That Every Physician-Writer Needs To Take

- Peek Behind The Curtains & Discover The Differences Between Hiring a Publisher & Self-Publishing

- Discover What Inspired Her Latest Book and The Two Words That Are The Key to Writing an Incredible Novel

- The Simple Catch Phrase That Ilene Utilizes to Keep Her Finances Growing

- The Financial Worst Advice That She Received From Her Parents (Hint: It has to do with credit)

 

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

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S2, Episode 22-The 5 Irrefutable Laws of Leadership

Have you ever read a book you were so excited about, that you couldn't stop talking about? Then, when you go about your day, you can't stop thinking about it.

You read through the book, once, twice, maybe even three times- struck by a new idea, a new thought when you read it again. As a matter of fact, it may happen each time you flip a page or turn to a new chapter.

That's what happened to me when I read John Maxwell's book 21 Irrefutable Laws Of Leadership and I had to share them with you.

 

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

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S2, Episode 21-Soak It Up Like A Sponge [A Physician Fireside Chat with Dr. Bo Liu]

Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances.

This show is not always about actionable content. It is however a chance for you to see behind the curtains, to walk in another person’s shoes and experience their lives.

Our next guest was kind enough to allow me to guest post on his blog and now he is generous enough to share with us his journey and his wisdom.

He is currently a radiology resident at Florida Hospital Orlando. Throughout his medical education, he’s noticed a surprising lack of personal finance knowledge among young medical professionals, many of whom are extremely bright and talented. Hence, he created a blog, FutureProofMDcom.

Currently, he’s been focusing on topics relevant to a recent medical graduate such as loan repayment and financial organization.

I can’t wait to hear about this journey!

Please help me welcome Dr. Bo Liu (LOO like “lew”).

In this podcast, you will discover:

• How he was influenced by money & why food ration tickets were a big part of that
• Why a bag of radishes made a big impact on Bo's life & how it led to choosing medicine
• How a broke cardiothoracic surgeon shaped his views on money & medicine
• What he is doing to erase his medical school debt
• Why boiling down PSLF to 600 words is so difficult
• How he is juggling the goals of buying a house with paying off debt & saving for retirement

 

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

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S2, Episode 20-The Price of Delay- Physician Fireside Chat with Gary Snead, DO

Our next guest responded to an e-mail I sent out. He is generous enough to share with us his journey and his wisdom.

He is a pediatrician. However, I’m guessing he hasn’t always wanted to be a doctor. He got his undergrad at Virginia Polytechnic Institute and then took classes in theology at the Lutheran School of Theology. He took a couple of years off and then pursued becoming a DO and a doctor.

Years later- he shared with me that he is finishing the steps of a buy-out to the regional medical corporation.

Please help me welcome Dr. Gary Snead.

In this podcast, you will learn from Gary:

- Why he went into theology school before medical school (& how it had a positive outcome on his career)

- How his delay in paying his student debt ballooned his balance from $30k to over $100k (Hint: He went to school in the 80's)

- How 2 of his medical school classmates grinded through medical school and paid off debt while they were there

- His inspirational life advice to residents & fellows

- How Gary wrestled with his money and the decisions he made which changed how his money was managed

 

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

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S2, Episode 19-My Confession & What To Expect

Have you ever been to a dark place... felt like the walls were closing in like you are having a hard time doing simple things- like even getting up to start the day?

As a physician, there's a struggle today with "assembly-line medicine" where more and more is being demanded and many of us are struggling with burnout,

Maybe you wonder if you can keep going. You wonder how you are going to get out of this mess.

I get it. I've been there... and not that long ago.

In a moment... you're about to discover my low point and how I'm clawing my way back....

In this podcast, we uncover:

- The exciting news that Dave has and what you can expect in the next few weeks of the podcast

- Dave shares his struggles in the last year and how it has affected his family, even his daily life

- However... that's not all. Dave shares three ways he has utilized to overcome this deep, dark period in his life. (Hint: The second method only takes him about 5 minutes and puts him in a good mood immediately)

 

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

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S2, Episode 18-The Physician Millionaire Mind- Part 3

Have you ever wondered, what does it take to be a millionaire?

In this third & final podcast, Dave finishes with the BEST and MOST amazing info in the latest book that he loved, The Millionaire Mind by Thomas Stanley.

There's so much packed in that book that we've divided up the podcast into 3 different parts. This is the final part- part three!

In part three of "The Physician Millionaire Mind", we discover:

- How Millionaire Physicians Discover Their Vocation [AND how that's different from everyone else!]

- The Biggest and Most Expensive Mistake That Non-Millionaires Make

- What Are The Habits of An Economically Productive Household? [Basically, what are the habits that we should all have to become millionaires! What do they do that we can learn from. It's my favorite section of all!!!]

 

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

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