Being Named in a Law Suit w/ Dr. Gita Pensa
Money Meets Medicine with Dr Jimmy Turner
Release Date: 03/05/2025
Making the Most of Credit Card Points with Dr. Devon Gimble
Money Meets Medicine with Dr Jimmy Turner
In this episode of the Money Meets Medicine podcast, host Dr. Jimmy Turner is joined by retired physician and credit card guru Dr. Devin Gimble to discuss how to maximize credit card points for luxury travel. Dr. Gimble, who funds $50,000 to $100,000 worth of luxury travel annually using points, shares her expertise on using transferable credit card points, such as those from Chase and Amex, to greatly enhance their value. They discuss the importance of understanding spending categories, the pitfalls of credit card churning, and strategies for physicians to leverage high expenses to earn...
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Buying versus Renting a Home
Money Meets Medicine with Dr Jimmy Turner
This episode of the Money Meets Medicine podcast, hosted by Justin Harvey and Dr. Jimmy Turner, discusses the perennial question of whether it's better to rent or buy a house, especially for medical professionals at various stages of their careers. They delve into financial considerations, personal anecdotes from their experiences, and statistical analyses, emphasizing that the decision is not always straightforward. They also touch on psychological factors, tax deductions, and the benefits of disability insurance. The narrative underscores the importance of individualized financial...
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Should I Use my 457 (Non-governmental)?
Money Meets Medicine with Dr Jimmy Turner
In an episode of the Money Meets Medicine podcast, hosts Dr. Jimmy Turner and Justin Harvey discuss optimizing retirement plans, specifically addressing the complexities and benefits of 457 plans. The conversation emphasizes the need to distinguish between governmental and non-governmental 457 plans, analyzing their risks and benefits. Governmental 457 plans offer flexibility and can be rolled over into an IRA or another retirement account, while non-governmental 457s present more risks and limitations, such as forced distributions and potential employer insolvency. The hosts discuss the...
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Being Named in a Law Suit w/ Dr. Gita Pensa
Money Meets Medicine with Dr Jimmy Turner
In this episode of the Money Meets Medicine podcast, host Dr. Jimmy Turner is joined by Dr. Gita Pensa, an adjunct associate professor at Brown University and an expert in malpractice litigation stress and physician litigation support. Dr. Pensa discusses her decade-long experience with a malpractice lawsuit, the psychological and financial impact of being named in a lawsuit, and her work to support other physicians through her podcast 'Doctors in Litigation, the L Word' and her LEAP course. Key topics include the teachings of risk management and litigation preparation, the role and...
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Bad 401K Options and International Stocks
Money Meets Medicine with Dr Jimmy Turner
In this episode of the Money Meets Medicine podcast, hosts Dr. Jimmy Turner and Justin Harvey discuss the benefits and drawbacks of target date funds for beginner investors, particularly residents and early-career physicians. The conversation also touches on the pitfalls of high expense ratios in 401(k) options and the importance of diversification in investments. They advocate for simplicity in investing, stress the relevance of understanding expense ratios, and highlight the potential need for financial advisors as financial complexities increase. The episode aims to provide actionable...
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My Spouse Spends Too Much Money & Part-Time Work in Medicine
Money Meets Medicine with Dr Jimmy Turner
In this episode of the Money Meets Medicine podcast, Dr. Jimmy Turner and financial advisor Justin Harvey delve into a range of personal finance issues pertinent to medical professionals. They start with an analogy to marriage and quickly move into a discussion about balancing work and personal life, emphasizing the challenges and benefits of considering part-time work. Both hosts share personal anecdotes and professional insights on how doctors can manage their finances and work commitments more sustainably. They also tackle the contentious subject of spousal spending habits and offer...
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The Hidden Costs of Changing Jobs and Alternative Investments
Money Meets Medicine with Dr Jimmy Turner
In this episode of the Money Meets Medicine podcast, hosts Justin Harvey and Dr. Jimmy Turner discuss key personal finance topics relevant to physicians. The conversation covers experiences with long-distance travel for sports events, the pros and cons of alternative investments, and the financial consequences of changing jobs within the medical field. They underscore the risks involved with certain investment pitches, particularly in real estate and niche markets. The episode concludes with an update on the latest student loan changes under the new administration, including the...
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Bitcoin: Stupid Games Win Stupid Prizes
Money Meets Medicine with Dr Jimmy Turner
In this episode of the Money Meets Medicine podcast, hosts Justin Harvey and Dr. Jimmy Turner explore the topic of Bitcoin and its potential role in personal finance. Jimmy, having invested in Bitcoin himself, discusses his extensive research into cryptocurrency, including reading 'The Bitcoin Standard.' Both hosts emphasize the philosophical and conceptual aspects of Bitcoin, its deflationary nature, and its potential as a global currency. They caution listeners about the volatility and speculative nature of Bitcoin and other cryptocurrencies, advocating for a small, strategic...
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The Biggest Financial Mistakes Doctors Make w/ Tyler Olson
Money Meets Medicine with Dr Jimmy Turner
In this episode of the Money Meets Medicine podcast, host Dr. Jimmy Turner is joined by financial advisor Tyler Olson to discuss the primary financial priorities for physicians. The conversation covers key financial mistakes that doctors make during training, such as debt management and the need for comprehensive financial education. They explore different financial advisory models, the benefits of accountability, and the importance of tax planning. Tyler shares insights from his 20-year career focused on financial planning for doctors and the vital role of understanding one's financial...
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Is Buying Land a Good Investment?
Money Meets Medicine with Dr Jimmy Turner
In this episode of the Money Meets Medicine podcast, hosts Dr. Jimmy Turner and Justin Harvey explore the complexities of buying land as an investment. After discussing their personal holiday experiences, they dive into a listener's question about purchasing land for personal use and enjoyment versus financial gain. They highlight the importance of understanding the purpose of the land purchase and differentiate between buying land for family recreation and speculative investment. The discussion also touches on zoning laws, financing options, and risks associated with land investment....
info_outlineIn this episode of the Money Meets Medicine podcast, host Dr. Jimmy Turner is joined by Dr. Gita Pensa, an adjunct associate professor at Brown University and an expert in malpractice litigation stress and physician litigation support. Dr. Pensa discusses her decade-long experience with a malpractice lawsuit, the psychological and financial impact of being named in a lawsuit, and her work to support other physicians through her podcast 'Doctors in Litigation, the L Word' and her LEAP course.
Key topics include the teachings of risk management and litigation preparation, the role and ethics of medical expert witnesses, and strategies for coping with the psychological stress of lawsuits. Dr. Pensa emphasizes the importance of understanding one's malpractice policy and reframes the defendant's role in litigation to foster empowerment. The episode also highlights resources for ongoing support and education for doctors facing litigation.
To learn more about the LEAP course --> moneymeetsmedicine.com/malpractice
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