A Physician’s Guide to Wealth - 4 Key Money Habits of Physicians Winning Now
Release Date: 05/17/2024
A Physician’s Guide to Wealth - 7 Part Meaningful Goal Setting Framework
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . ** if you didn’t already, tune into the 3 Simple Summer Money Hacks Episode** James Nutter breaks down a game-changing framework to help physicians achieve their financial goals, adding a powerful fourth step to his previous three summer money habits. James introduces the meaningful goal-setting model, personalized for each physician's unique journey. He navigates...
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A Physician’s Guide to Wealth - Dirty Little Secrets of Financial Advisors REVEALED
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . In this episode of "A Life Well Lived: A Physician's Guide to Wealth," James Nutter discusses the importance of hiring a financial planner and the different standards that financial advisors are held to. He emphasizes the fiduciary standard, which requires advisors to act in the best interests of their clients, and contrasts it with the suitability standard, which...
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Mortgage Minute - Don’t Consolidate to a New Account
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . This week Doug Crouse discusses the importance of managing your funds for closing. It's vital to avoid consolidating money right before closing due to potential bank holds. If you do need to consolidate funds, do it well in advance. Avoid moving large sums into a new bank account without transaction history, as this can appear suspicious and cause delays. Ensure the...
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Coffee & Contracts - Update and Timelines for FTC and Non-Competes
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . Jon from Contract Diagnostics provides an update on the FTC's non-compete rulings as of June 5th. The FTC recently voted to eliminate non-competes in the United States, though the decision faces legal challenges. While this affects around 30 million Americans, only about 500,000 to 600,000 are healthcare providers. Jon outlines key dates and timelines for ongoing legal...
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Grand Rounds - Financial order of operations with Brian Preston, CFP
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . Where do you start when trying to build wealth? Do you pay off the mountains of debt accumulated through medical school? Do you invest for retirement? What about saving to put the kids through school? Brian Preston, podcast host of The Money Guy Show, joins us today to talk about his Financial Order of Operations. He recommends systematically working through these...
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A Physician’s Guide to Wealth - The First Step to True Wisdom
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . “Know thyself” – a timeless maxim etched onto the ancient Temple of Apollo in Greece. But what does it truly mean? Join us on a journey of self-discovery as we explore the depths of this profound saying. There’s a reason why nearly one third of lottery winners go broke within their first 3-5 years.* They were handed millions of dollars vs. growing into someone...
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A Physician’s Guide to Wealth - 3 Simple Summer Money Habits to Master
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . As summer approaches, reevaluating our financial habits becomes essential, especially for physicians who seek to manage their wealth efficiently. The sunny season often brings with it increased expenses—weddings, travel, and outdoor activities—that can derail budgetary progress. It's critical to hone in on certain financial habits to ensure that you can enjoy...
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Coffee & Contracts - What to Do When Your Employer's Contract with the Hospital Shifts or Terminates?
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . In this episode, Jon from Contract Diagnostics addresses a physician's question about employment contracts with contracting entities. The discussion centers on hospitalists, specifically nocturnists, and the implications if a contracting entity's agreement with a hospital ends. Jon emphasizes the importance of understanding contract details, including the duration...
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Coffee & Contracts - Full time to part time?
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . Hey everyone, Jon Appino from Contract Diagnostics has a quick message on transitioning between full-time and part-time work. We assist many physicians in navigating job shares and shifts from a typical 40-hour week to reduced hours. It's crucial to understand how these agreements differ, especially in terms of allocated clinical and admin hours, which should be clearly...
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Mortgage Minute - Waiving Loan Contingencies
Financial Residency
This episode is brought to you by . Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at . Today on the podcast cast Doug Crouse clarifies the concept of loan contingency when writing offers. Many people mistakenly think that having a loan commitment means having a clear to close. However, loan contingency is met when you have a contingent conditional loan approval after underwriting. This means your credit, income, and assets have been reviewed and are...
info_outlineThis episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.
Physician families who succeed with their finances in both good and bad times follow four key steps. First, they unsubscribe from generic financial rules and instead focus on their unique circumstances. Second, they define their values and use them as a guide for financial decisions. Third, they have a clear vision and mission for their family's future.
Finally, they are coachable and seek guidance from experts to achieve their goals. By following these steps, physician families can take control of their money and live a meaningful life. Join James Nutter as he explores these steps in this episode of "A Life Well Lived: A Physician's Guide to Wealth."
| Timestamp | Summary |
| 0:03 | Four Steps for Physicians to Win With Money |
| 4:35 | Aligning Life Choices with Personal and Family Values |
| 6:11 | Balancing Present Joys and Future Financial Goals |
| 7:47 | Embracing Coachability and Overcoming Ego in Pursuit of Success |
| 9:12 | Phil Jackson's Impact on Basketball Legends |
| 10:40 | Embracing Coachability and Building a Life Well Lived |
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