#19 - Defining Wealth for Women with Dr. Bonnie Koo
Paging Dr. Mom with Julie La Barba, MD, FAAP
Release Date: 06/08/2022
Paging Dr. Mom with Julie La Barba, MD, FAAP
Stop saying yes to things you really don’t want to do, to make time for the ones that really matter. AKA: How to say “No!” ARRIVAL FALLACY: Is this all there is? When will the tasks/to do list ever end? They won’t. ABSOLUTELY YES or NO! Figure out your priorities based on your values…your calendar should directly reflect this. What does it look like to be a good enough wife, mom, doctor, friend? How can we stop saying yes to what we think we SHOULD do based on others expectations and choose to prioritize what’s truly the most imp to us. Have to really look downstream to figure out...
info_outlinePaging Dr. Mom with Julie La Barba, MD, FAAP
https://www.thepoetrypharmacy.com
info_outlinePaging Dr. Mom with Julie La Barba, MD, FAAP
@consciouspediatrician Show Notes: Dr. Yajnik shares authentic awareness about parenting and mindset including: Real life struggles of working moms, The need for support that we don't ask for. Recognizing mom guilt and how to overcome that Recognizing that it is hard, and we don't have to pretend that it's not. "Your childs emotional health begins with you." We don’t realize how important our own mental health is when it comes to raising children, and why that's so important for pediatricians to help parents understand. ...
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by Dr. Martha Kenney, creator of Time Matters Today We are half-way through 2022, and, I have a quick question for you. Have you achieved your New Year’s resolutions? My guess is that most of you would say "no," because research shows that 80% of people abandon their New Year’s resolutions by the beginning of February. Why? Because although New Year’s resolutions may be the closest that most people will get to planning their goals in life, resolutions are more an expression of desires rather than "true goals." Vaguely stated goals that lack relevance to your values and are...
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Tune in with Dr. Martha Kenney who knows how much your time matters. Time management isn’t just about productivity, not is it about doing MORE things. It's about freeing up your time and energy to do the RIGHT things. And “the right things” are those things that line up with your personal values. Martha references Alice in Wonderland: If you don’t know where you’re going then why should it matter which path you take? Any one will do if you don’t have a true “destination” in mind. BIO: Dr. Martha Kenney is a board certified pediatrician and pediatric anesthesiologist, wife and...
info_outlinePaging Dr. Mom with Julie La Barba, MD, FAAP
Dinner with adolescents: https://docs.google.com/document/d/1JzmReRnWJ04_PANtpxe-cS6DibF28a4cG5l1INHdbgQ/edit#heading=h.96phn4gm8y38 Reducing conflict at the table: https://thefamilydinnerproject.org/food-for-thought/how-to-beat-tension-and-conflict-from-your-family-dinner/ The Family Dinner Project: thefamilydinnerproject.org
info_outlinePaging Dr. Mom with Julie La Barba, MD, FAAP
@thefamilydinnerproject (Harper Collins, 2015) (Familius, 2019). WHY THE FAMILY DINNER PROJECT? Research shows most think eating family dinner is a good idea, but fewer than 1/2 of American families do so. 70% of meals are eaten outside of the home and 20% in the car! The Family Dinner Project is all about the not perfect but “good enough” meal to inspire families to get back to the diner table. Bottom line: studies show regular family dinners reduce high-risk teenage behaviors such as: substance abuse, smoking, eating disorders, behavioral...
info_outlinePaging Dr. Mom with Julie La Barba, MD, FAAP
info_outlinePaging Dr. Mom with Julie La Barba, MD, FAAP
Epic Failures Revealed! 7 Things to Keep You Going Strong on a Path to Becoming a Doctor Bio/Show Notes: Barbara Hamilton, MD is an interventional radiologist, leader, and the author of Save Lives, Enjoy Your Own: Finding Your Place in Medicine. She helps aspiring & early career doctors succeed in the surgically-oriented and traditionally male-dominated fields by pulling back the curtain on what it looks like to be a woman and parent in medicine. Ultimately, she strives to be an example of what is possible for those who would follow in her footsteps.Through her writing, speaking,...
info_outlinePaging Dr. Mom with Julie La Barba, MD, FAAP
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https://wealthymommd.com/defining-wealth-for-women/
Bonnie Koo, MD is a certified life coach, physician, and founder of Wealthy Mom MD. Bonnie shares her journey to becoming a dermatologist and how she learned about money from her male colleagues. She dived into her financial education like she has most things and soon realized that her female colleagues lacked this knowledge. This led to her helping other women physicians gain the knowledge and mindset they needed to take control of their finances and build wealth. Between being a writer, blogger, podcaster AND dermatologist, Bonnie is impacting the world with her new book and book club: Defining Wealth for Women. Peace, Purpose and Plenty of Cash! https://bit.ly/345v9NM
BOOK CLUB: chance for women to gather to talk about money, with coaching. Community building, women only- great way for women who are confused about what to do to not feel alone.
- What you think about wealth will determine how wealthy you become
- The story you make up about your debt is what creates anxiety
- Paying off your debt quickly may NOT be the best financial decision
- In order to get rich you have to buy and grow income producing assets (real estate)
- Having a lot of $ is really fun, and it’s pretty empty and meaningless without PURPOSE
There are 4 steps to create wealth inside of Money for Women Physicians:
# 1 Know Your Mind
Before we ever get into the nuts and bolts of personal finance, we’ll get to the root cause of your financial woes: your money mindset. You’ll learn how our brains are wired right out of the box and why that programming isn’t designed to create wealth. You’ll learn a shocking truth: the way you think about money affects how much money you have.
# 2 Know Your Money
You’ll learn what money really is and learn the truth about creating wealth (Hint: it’s not paying off debt) and get your money in order for Step #3.
# 3 Buy & Grow Assets
The secret to creating wealth is to buy and grow assets. This is how you make money while you sleep (instead of trading time for money).
# 4 Manage Your Mind & Money
The key to being successful with Step #3 is to manage your mind around fear, self-doubt and taking risks. It’s about cultivating self-trust and resiliency.
BONNIE’S Rx and PUTTING IT ALL TOGETHER:
- KNOW YOUR MIND
- KNOW YOUR MONEY
- Start making decisions to buy and grow assets
- Managing your mind during this time of flux and growth
- Coaching can give you the tools to rewire your brain
END GAME: MORE MONEY, LESS STRESS,
FEELING CONFIDENT THAT YOUR FUTURE IS POSSIBLE AND AVAILABLE TO YOU