Ep. 238: Can You Afford an Associate?
Accumulating Wealth
Beyond salary considerations, what does adding an associate doctor to your practice actually cost? A guest joins this episode to break down fixed and direct costs, staff and infrastructure estimates when bringing on an associate. Whether you’re looking to grow production or make a transition, these factors are crucial in budgeting a new investment in the practice. LINKS | |
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Ep. 237: Time Is Your Biggest Asset
Accumulating Wealth
Unless they are pursuing a finance degree, many students aren’t taught the basics of how money grows and how to manage this growth effectively. Joined by two attendees of the 3to1 Foundation’s Accumulating Wealth Seminar, the guys dive into the most important topics for students to learn when starting their financial journey and how to further educate themselves to make the most of their biggest asset — time. LINKS | |
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Ep. 236: Is Top-Line Growth Enough?
Accumulating Wealth
Ever wonder how your practice’s collections, expenses and profitability compare to other like-sized practices of the same specialty? Two guests join to explore CWA’s new How Does Your Dental Practice Compare? Report, and discuss what trends emerged last year, how to use the data as a guide to reevaluate your practice’s costs and actionable changes to make going forward this year. LINKS | |
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Ep. 235: Finding Individualized Financial Advice
Accumulating Wealth
Is the best financial advisor the one with the most letters behind their name or the most years under their belt? Picking the right advisor requires consideration of their trustworthiness, expertise and ability to tailor a financial plan to your unique needs. The guys offer guidance on navigating the search for an advisor that fits your financial plan. LINKS | |
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Ep. 234: Auto Loans, Leases and Financing
Accumulating Wealth
When it comes time to purchase your next car, should you lease, buy or finance it? It depends on how long you intend to own the vehicle, what works best for your finances, and whether you can write it off as a business deduction. Hunter and Judson walk through the best ways to navigate auto payments and what fits your financial plan. LINKS | |
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Ep. 233: International House of ... Stagflation?
Accumulating Wealth
In the last five years, IHOP has experienced 82% inflation. But where do international stocks and housing markets across the country stand? The guys are diving into the recent Fed meeting, stagflation outlook and the emotional nature of the markets. LINKS | |
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Ep. 232: Growing Patients: Pediatric Trends
Accumulating Wealth
The new Pediatric Practice Comparison Report is now available, with crucial insights on production, marketing, new patient acquisition and staff salaries. The guys dive into what the data means for the rest of the year and how market uncertainty may play a role in pediatric practice trends. LINKS | |
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Ep. 231: The Psychology of Money
Accumulating Wealth
Effective money management goes beyond the numbers. Factors like risk, luck and abundance influence people’s perception of money and, in turn, their financial decisions. Two guests join this episode to discuss highlights of The Psychology of Money by Morgan Housel and how understanding the money mindset can propel your financial plan. LINKS | |
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Ep. 230: Recession Investment Strategies
Accumulating Wealth
Is there a step-by-step plan to recession-proof your savings? The guys dive into the best investment strategies to focus on as the market indicates a possible recession, including tax-loss harvesting, international stocks and Roth IRAs. But one tip stands above the rest: stay the course. LINKS | |
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Ep. 229: Market Whiplash and CPI
Accumulating Wealth
Last week, a startling market drop was followed by a sudden surge. What led us to get to this point, and how will the global trade system impact the market moving forward? The guys discuss the latest on market whiplash and what the newest CPI numbers are telling us. LINKS | |
info_outlineBeyond salary considerations, what does adding an associate doctor to your practice actually cost? A guest joins this episode to break down fixed and direct costs, staff and infrastructure estimates when bringing on an associate. Whether you’re looking to grow production or make a transition, these factors are crucial in budgeting a new investment in the practice.
LINKS