Your Financial Pharmacist
The Your Financial Pharmacist Podcast is designed to empower pharmacy professionals to take control of their personal finances. Disclaimer: The information on this website is provided to you for your informational purposes only and is not intended to provide, and should not be relied on for, investment or any other advice. For more information, visit https://yourfinancialpharmacist.com/disclaimer
info_outline
YFP 410: Fatherhood and Finance: 5 Lessons My Kids Taught Me About Money
06/12/2025
YFP 410: Fatherhood and Finance: 5 Lessons My Kids Taught Me About Money
In this special Father’s Day episode, Tim Ulbrich shares five unexpected and powerful money lessons he’s learned from raising four boys. Episode Summary YFP Co-Founder & CEO, Tim Ulbrich, PharmD, reflects on the unexpected and powerful financial lessons he’s learned from raising four boys. From conversations at the concession stand to big-picture reflections on priorities, Tim shares 5 meaningful insights that go beyond spreadsheets and savings accounts. Whether you're a parent, planning to be one, or simply interested in how life shapes our money mindset, this episode offers a personal and practical look at the intersection of fatherhood and finance. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/36965485
info_outline
YFP 409: Millionaires Think Differently: The Mindset Shift That Changed My Life
06/05/2025
YFP 409: Millionaires Think Differently: The Mindset Shift That Changed My Life
What mindset separates high earners from true wealth builders? Inspired by The Millionaire Next Door by Dr. Thomas Stanley, Tim Ulbrich breaks down how changing his perspective on money transformed his financial path, and how it can do the same for you. Episode Summary YFP Co-Founder & CEO, Tim Ulbrich, PharmD explores the key mindset shift that helps pharmacists quietly build lasting wealth. This isn't about flashy cars or overnight success. It's about the habits, discipline, and mindset millionaires use to build wealth quietly and consistently. Drawing from both personal experience and lessons from The Millionaire Next Door by Dr. Thomas Stanley, he shares how pharmacists and other high-income earners can adopt a wealth-building mindset that prioritizes financial independence over lifestyle inflation. Whether you’re just getting started or looking to level up, this episode will challenge how you think about money and give you the tools to create lasting change. In this episode, you’ll learn: The mindset millionaires adopt (that most people don’t) Why high income doesn’t guarantee financial freedom How to build money habits that grow wealth over time What these insights mean for pharmacists and other professionals pursuing financial independence Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/36847670
info_outline
YFP 408: What Should You Do With an Old 401(k)?
05/29/2025
YFP 408: What Should You Do With an Old 401(k)?
What should you do with an old 401(k)? Tim Ulbrich and Tim Baker explore your options, common pitfalls, rollover strategies, and how to make smart moves with old retirement accounts after leaving a job. Summary When you leave a job, what happens to the retirement account you left behind? In this episode, YFP Co-Founder & CEO, Tim Ulbrich, PharmD, and YFP Co-Founder & COO, Tim Baker, CFP®, RLP®, RICP®, take a deep dive into the important financial decisions surrounding old employer-sponsored retirement plans, such as 401(k)s and 403(b)s. Tim and Tim discuss the impact these often-overlooked accounts can have on your overall financial plan and explore your available options, whether that’s leaving the money in your former employer’s plan, rolling it over to your new employer’s plan, or transferring it to an IRA. They break down the pros and cons of each approach, highlight common mistakes like the “set it and forget it” trap, and explain why understanding fees and account access is so important. The conversation also emphasizes the value of working with a fiduciary advisor and the serious risks of cashing out these accounts too soon. To complement the episode, they introduce YFP’s new guide: , designed to help you avoid costly missteps and feel confident in your next move. Whether you're changing jobs, planning ahead for a career transition, or simply want to be more intentional about your retirement savings, this episode will give you the clarity and guidance you need. Mentioned on the Show YFP Guide: YFP Episode 404:
/episode/index/show/yourfinancialpharmacist/id/36764885
info_outline
YFP REI 134: From Pharmacy To Real Estate: Why This Couple Invests in Raw, Vacant Land
05/22/2025
YFP REI 134: From Pharmacy To Real Estate: Why This Couple Invests in Raw, Vacant Land
Quynh and Tri Vu, two professionals who transitioned from pharmacy and IT careers into real estate, share their journey into investing in raw, vacant land and building Secure Land Co. Summary Quynh and Tri Vu, two professionals who transitioned from pharmacy and IT careers into real estate, share their journey into investing in raw, vacant land in this episode of the YFP Real Estate Investing Podcast. Joined by hosts Nate Hedrick, PharmD, and David Bright, PharmD, Quynh and Tri walk through their early steps in real estate, starting with single-family rentals and moving into the world of short-term rentals like Airbnbs. As their experience grew, so did their ambition, leading them to explore diverse markets and ultimately carve out a niche in the often-overlooked space of raw, vacant land. They break down what makes land investing unique, detailing the due diligence required, the creative value-add strategies they use, and how they evaluate properties with potential. Along the way, they also share how they balanced their demanding careers while building a real estate portfolio, leaned on community and mentorship, and eventually took the leap into full-time investing through their business, Secure Land Co. Whether you’re just getting started or looking to diversify your real estate strategy, this episode offers valuable insights, encouragement, and practical advice from two people who made the leap and never looked back. Mentioned in Today’s Episode
/episode/index/show/yourfinancialpharmacist/id/36665975
info_outline
YFP 407: Ask YFP: Using 529s for Student Loans & Buying Bitcoin Efficiently
05/15/2025
YFP 407: Ask YFP: Using 529s for Student Loans & Buying Bitcoin Efficiently
Tim Ulbrich and Tim Baker answer two questions from the YFP community on using 529 funds for student loans and the most cost-efficient ways to invest in digital assets like Bitcoin. Summary In this episode, YFP Co-Founder & CEO Tim Ulbrich, PharmD, is joined by YFP Co-Founder & COO Tim Baker, CFP®, RLP®, RICP®, to answer two insightful financial questions from the YFP community. First, they explore whether it makes sense to use 529 plan funds to pay off student loans. Tim and Tim break down the relevant provisions of the SECURE Act, highlight key limitations and tax implications, and discuss scenarios where this strategy could be beneficial—or not. Next, they tackle a question about buying Bitcoin efficiently. They compare the most cost-efficient ways to invest, including using various platforms, ETFs, and tax-advantaged accounts like IRAs. They also weigh the pros and cons of each approach, including fee structures, accessibility, and long-term considerations. Whether you’re considering how to best use your 529 funds or exploring your first steps into cryptocurrency, this episode provides practical, pharmacist-specific guidance to help you make informed financial decisions. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/36573530
info_outline
YFP 406: Should You Pay Off Your House Early?
05/08/2025
YFP 406: Should You Pay Off Your House Early?
Should you pay off your mortgage early? YFP Co-Founder & CEO, Tim Ulbrich, PharmD unpacks the math, emotions, and big-picture factors in the mortgage payoff debate—plus 5 reasons when it may or may not make sense to pay extra on your mortgage. Summary Should you pay off your mortgage early? It’s a question that comes up often in personal finance—and the answer isn’t always as straightforward as the math suggests. In this episode, YFP Co-Founder and CEO Tim Ulbrich, PharmD, unpacks the numbers, the emotions, and the bigger picture behind this important decision. Using a real-life example and the YFP Early Payoff Calculator, Tim walks through how even small extra payments can shave years off your loan term and save you thousands in interest. But here’s the twist: despite the financial benefits, Tim has personally decided not to pay off his mortgage early. He shares his thought process along with five compelling reasons why making extra mortgage payments might make sense for others. Whether you're deep into your mortgage or just getting started, this episode will help you evaluate your options and make a decision that aligns with your long-term goals. Mentioned in Today’s Episode
/episode/index/show/yourfinancialpharmacist/id/36480190
info_outline
YFP 405: Navigating Retirement Income: How to Turn Assets into a Paycheck
05/01/2025
YFP 405: Navigating Retirement Income: How to Turn Assets into a Paycheck
How do you turn your retirement savings into a reliable paycheck? In this episode, YFP Co-Founder & CEO, Tim Ulbrich, PharmD, and YFP Co-Founder & COO, Tim Baker, CFP®, RLP®, RICP®, break down three common strategies for building a retirement paycheck — including how each works, who they’re best for, and the pros and cons to consider. Summary How do you turn your retirement savings into a reliable paycheck? In this episode, YFP Co-Founder & CEO, Tim Ulbrich, PharmD, is joined by YFP Co-Founder & COO, Tim Baker, CFP®, RLP®, RICP®, to explore three common retirement income strategies: the flooring strategy, bucket strategy, and systematic withdrawal strategy. Together, they break down how each approach works, who they’re best suited for, and the pros and cons you should consider. You’ll also hear insights on the emotional and psychological shifts that come with leaving behind a steady paycheck and the importance of building flexibility into your retirement plan. Whether you're approaching retirement or just starting to think about your long-term goals, this episode will help you better understand how to create an income stream from your hard-earned assets. 📅 Ready to work one-on-one with a fee-only financial planner? Schedule a free discovery call at to learn how our team can help. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/36317930
info_outline
YFP 404: 5 Key Questions to Ask Before Hiring a Financial Planner
04/24/2025
YFP 404: 5 Key Questions to Ask Before Hiring a Financial Planner
Tim Ulbrich, PharmD, and Tim Baker, CFP®, break down how to find the right financial planner—covering what planners really do, how they’re paid, and the questions to ask—so you can move forward with clarity and confidence. This episode is brought to you by . Summary Not sure who to trust with your finances—or if you even need a financial planner? In this episode, Tim Ulbrich, PharmD and Tim Baker, CFP® dive into what a great financial planner does beyond providing investment advice, and how they can help you navigate life’s financial twists and turns. Tim and Tim explain the different types of planners, how to spot someone working in your best interest, and the key questions to ask before hiring one. Plus, they break down common fee structures (like AUM, flat-fee, and hourly), the importance of the CFP® designation, and how to evaluate the return on your planning relationship. Whether you’re hiring a planner for the first time, reevaluating your current setup, or just exploring what’s out there, this episode will give you the clarity and confidence to take the next step. Mentioned on the Show The Investment Funds Institute of Canada. , November 2022.
/episode/index/show/yourfinancialpharmacist/id/36271965
info_outline
YFP 403: Lessons from the Red: Navigating Big Market Dips
04/17/2025
YFP 403: Lessons from the Red: Navigating Big Market Dips
Tim Ulbrich, PharmD, reflects on losing over $100,000 during recent market volatility and shares eight powerful, experience-driven lessons from two decades of investing to help listeners navigate the emotional and practical realities of building wealth. This episode is brought to you by . Summary In this episode, Tim Ulbrich, PharmD gets personal and shares how he lost over $110,000 in just five days. Despite his professional background in personal finance, Tim candidly shares how challenging it was to write those numbers down—highlighting just how emotional and disorienting the recent market volatility can feel, even for seasoned investors. Drawing on two decades of investing experience, Tim unpacks eight key lessons that go beyond theory. These aren’t just ideas from a textbook or strategies he’s shared with clients—they’re principles shaped and reinforced by real-life experience. From understanding loss aversion and the importance of diversification to recognizing one’s own risk tolerance, this episode offers practical insights for navigating the highs and lows of investing with confidence and resilience. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/36140595
info_outline
YFP 402: Building a Legacy: The Family Constitution Blueprint with Julia Myers
04/10/2025
YFP 402: Building a Legacy: The Family Constitution Blueprint with Julia Myers
In this episode, Julia Myers, pharmacist and founder of Generational Wisdom, shares her Family Constitution Blueprint, a tool to help families define values, build traditions, and create a lasting legacy. This episode is brought to you by . Summary In this episode, Tim Ulbrich is joined by Julia Myers, a pharmacist and the founder of Generational Wisdom, a business born out of her own powerful story of transformation. Julia shares her Family Constitution Blueprint, a thoughtful and deeply practical tool that helps families clarify their core values, establish meaningful traditions, and create a vision that lasts for generations. Julia shares: Why identifying your family’s values is a powerful first step toward legacy-building How to translate your intentions into everyday actions, especially in the midst of busy professional and family life And how pharmacists and healthcare professionals can use these principles to create more alignment, connection, and purpose at home Whether you’re raising kids, managing a household, or just want to live with greater intention, this conversation will leave you inspired and equipped to take that next step. About Today's Guest Dr. Julia Myers is an international speaker, founder of Generational Wisdom, and a leading authority on teaching families how to talk to kids about money. Julia received her PharmD from University of Wyoming and her MBA from University of Tennessee. She spent nearly two decades as a board-certified pharmacist and distinguished health care executive before a career-ending diagnosis changed the trajectory of her life. Today, she blends wisdom and common sense to help parents navigate the pressures of raising kids without entitlement. As a mom of five, she brings both insight and authenticity to every stage she steps on. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/36065150
info_outline
YFP REI 133: How Property Owners Can Leverage Energy-Efficient Financing
04/03/2025
YFP REI 133: How Property Owners Can Leverage Energy-Efficient Financing
Attorney Colin Kalvas discusses PACE (Property Assessed Clean Energy) financing, including its origins, mechanisms, and applications for residential and commercial property owners. Summary In this episode, Colin Kalvas, a public finance and economic development attorney, joins Nate Hedrick, PharmD and David Bright, PharmD to explore the intricacies of PACE (Property Assessed Clean Energy) financing. They discuss its origins, mechanisms, and applications for both residential and commercial property owners. About Today's Guest Colin Kalvas is a public finance and economic development attorney with Bricker Graydon in Columbus, Ohio. Colin serves political subdivisions, financial institutions, developers, and special purpose districts in many different capacities. He represents clients on economic development incentives, public-private partnerships, project financing, municipal bonds, federal income tax law, securities law, contracts, property development, and governmental revenues. Colin has been at the forefront of developing property assessed clean energy (PACE) financing in Ohio. His PACE efforts include serving as counsel to PACE administrators and energy special improvement districts, as well as serving as bond counsel and capital provider’s counsel to entities that finance energy efficiency and clean energy projects through PACE. He is well known within the national PACE community and regularly speaks at national PACE conferences. He has extensive experience negotiating, documenting and closing PACE transactions, including as part of complex capital stacks. Colin is frequently called upon to advise PACE capital providers of all kinds on transactional best practices and documentation. Mentioned on the Show Email Colin Kalvas:
/episode/index/show/yourfinancialpharmacist/id/35974145
info_outline
YFP 401: Ask YFP: Roth IRA Eligibility & Estimating Life Insurance Needs
03/27/2025
YFP 401: Ask YFP: Roth IRA Eligibility & Estimating Life Insurance Needs
Tim Ulbrich and Tim Baker tackle questions from the YFP community on life insurance needs for expectant parents and eligibility for direct Roth IRA contributions. Summary On today’s episode, YFP Co-Founders Tim Ulbrich, PharmD and Tim Baker, CFP tackle two important questions from the YFP community. First, they dive into how to project your life insurance needs when welcoming a new baby into the family. Then, Tim and Tim break down how Modified Adjusted Gross Income (MAGI) is calculated to help you determine if you’re eligible for direct Roth IRA contributions. If you have a question you’d like featured on an upcoming episode, visit yourfinancialpharmacist.com/askyfp or email [email protected]. Mentioned on the Show Email YFP a Question: [email protected]
/episode/index/show/yourfinancialpharmacist/id/35834890
info_outline
YFP 400: From Pharmacy to Podcasting: Anisha Patel’s Journey of Growth & Entrepreneurship
03/20/2025
YFP 400: From Pharmacy to Podcasting: Anisha Patel’s Journey of Growth & Entrepreneurship
In this episode, Tim Ulbrich chats with Anisha Patel, host of the Pharmacist Diaries podcast, about her journey through pharmacy, entrepreneurship, and personal growth, including her work at Oxford and Cleveland Clinic Abu Dhabi, and how launching her podcast during the pandemic opened new opportunities. Summary In this episode, Tim Ulbrich, YFP Co-Founder, is joined by Anisha Patel, host of the Pharmacist Diaries podcast, to discuss her inspiring journey through pharmacy, entrepreneurship, and personal growth. Anisha’s story spans from growing up in a family of independent pharmacists in the UK to working at Oxford University Hospitals and Cleveland Clinic Abu Dhabi. She also shares how she launched her podcast during the pandemic, which has since grown into a global platform. In this conversation, Tim and Anisha dive into the power of storytelling in healthcare, the intersection of entrepreneurship and pharmacy, and how embracing non-traditional career paths can open doors to new opportunities. About Today's Guest Anisha Patel is a paediatric pharmacist turned podcaster and digital creator who's passionate about showcasing the limitless possibilities within healthcare careers. Through her podcast "The Pharmacist Diaries" (174+ episodes strong!), she shares stories of innovative pharmacists worldwide while building a community that breaks free from traditional career moulds. After 14 years in clinical practice, including stints as the Abu Dhabi Grand Prix pharmacist and working in emergency services in the UAE, Anisha has embraced entrepreneurship to help other healthcare professionals find their voice through podcasting. When she's not recording episodes or coaching aspiring podcasters, you'll find Anisha planning global adventures with her family or sharing insights about designing a life of impact and freedom. Mentioned on the Show Email:
/episode/index/show/yourfinancialpharmacist/id/35730025
info_outline
YFP 399: From Pre-Approval to Closing: Understanding the Mortgage Process (and Common Mistakes to Avoid)
03/13/2025
YFP 399: From Pre-Approval to Closing: Understanding the Mortgage Process (and Common Mistakes to Avoid)
Tim Ulbrich, YFP Co-Founder is joined by mortgage loan officer Tony Umholtz to discuss the mortgage process. They break down key steps, from getting pre-approved to closing, highlighting important considerations and common mistakes to avoid when buying a home. This episode is brought to you by . Summary In this episode, Tim Ulbrich, YFP Co-Founder and CEO is joined by Tony Umholtz, a mortgage loan officer with First Horizon Bank as they break down one of the biggest financial commitments you’ll ever make—buying a home. Taking out a mortgage is a massive financial decision, one that can impact your life for decades. From getting pre-approved to signing those final papers at closing, there’s a lot to consider—and a lot of mistakes to avoid. Tim and Tony walk listeners through the mortgage process step by step. They cover what you need to know before getting pre-approved, how the bank sets your max loan amount, and how to avoid common pitfalls throughout the process. About Today's Guest Tony Umholtz is the Senior VP of Mortgage Banking at First Horizon. He graduated Cum Laude from the University of South Florida with a B.S. in Finance from the Muma College of Business. He then went on to complete his MBA. While at USF, Tony was part of the inaugural football team in 1997. He earned both Academic and AP All-American Honors during his collegiate career. After college, Tony had the opportunity to sign contracts with several NFL teams including the Tennessee Titans, New York Giants, and the New England Patriots. Being active in the community is also important to Tony. He has served or serves as a board member for several charitable and non-profit organizations including board member for the Salvation Army, FCA Tampa Bay, and the USF National Alumni Association. Having orchestrated over $1.1 billion in lending volume during his career, Tony has consistently been ranked as one of the top mortgage loan officers in the industry by the Scotsman’s Guide, Mortgage Executive magazine, and Mortgage Originator magazine. Mentioned on the Show YFP Article:
/episode/index/show/yourfinancialpharmacist/id/35664230
info_outline
YFP 398: Is Your Income Your Rate Limiting Step?
03/06/2025
YFP 398: Is Your Income Your Rate Limiting Step?
In this episode, Tim Ulbrich, YFP CEO looks at three powerful areas for growing your income: maximizing your compensation, real estate investing, and building side hustles or businesses. Summary While cutting expenses is a key part of managing your finances, there's a limit to how much you can cut. The good news? Your income has no ceiling. In this episode, Tim Ulbrich, YFP CEO, looks at three powerful areas for growing your income: maximizing your compensation, real estate investing, and building side hustles or businesses. Tim shares some personal experiences and examples from other pharmacists who have successfully diversified their income streams and created financial opportunities that go beyond the traditional 9-to-5 grind. Mentioned on the Show (started as a side hustle out of her house when working as a pharmacy admin at hospital)
/episode/index/show/yourfinancialpharmacist/id/35543895
info_outline
YFP 397: The Art of Rebalancing: Maintaining Your Investment Portfolio
02/27/2025
YFP 397: The Art of Rebalancing: Maintaining Your Investment Portfolio
Tim Baker, CFP®, RICP®, RLP® and Tim Ulbrich, PharmD discuss the importance of maintaining a balanced asset allocation, the nuances of risk tolerance and capacity, and the different accounts you should be rebalancing. Brought to you by . Summary In this episode, Tim Baker, CFP®, RICP®, RLP®, and Tim Ulbrich, PharmD, explore the essentials of rebalancing your investment portfolio. Tim and Tim discuss asset allocation, risk tolerance, and key accounts to rebalance. They also highlight common mistakes and effective rebalancing strategies for long-term investment success. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/35438945
info_outline
YFP 396: Managing Money Together: Strategies for Couples
02/20/2025
YFP 396: Managing Money Together: Strategies for Couples
Tim Ulbrich, PharmD, and Tim Baker, CFP®, RICP®, RLP® dive into the challenges and rewards of managing money in a relationship. Summary In this episode, Tim Ulbrich, PharmD, and Tim Baker, CFP®, RICP®, RLP® dive into the challenges and rewards of managing money in a relationship. They break down how different approaches—whether merging finances completely, keeping some things separate, or managing everything individually—can impact your financial harmony. Through real-life insights, Tim and Tim highlight the power of open communication, understanding each other’s money habits, and creating a shared financial vision. They also discuss when and how a neutral third party can help navigate tough conversations. No matter where you are in your relationship—just starting out, engaged, or years into marriage—this episode offers practical advice to help you and your partner build a financial plan that works for both of you. Mentioned on the Show YFP Resource:
/episode/index/show/yourfinancialpharmacist/id/35349795
info_outline
YFP 395: What to Look for in a Real Estate Agent (And Why It’s More Important Than Ever)
02/13/2025
YFP 395: What to Look for in a Real Estate Agent (And Why It’s More Important Than Ever)
Tim Ulbrich & Nate Hedrick break down 2025 housing trends, agent tips & the new buyer’s agreement. Sponsored by Real Estate RPH. Summary Tim Ulbrich, YFP Co-Founder talks with Nate Hedrick, PharmD and Founder of Real Estate RPh as they break down the key trends shaping the 2025 housing market, from declining home sales to soaring interest rates. Nate shares what to look for in a real estate agent, why local market expertise matters, and how the new buyer’s agent agreement affects you. This episode is brought to you by Real Estate RPH. Mentioned on the Show Channel
/episode/index/show/yourfinancialpharmacist/id/35262730
info_outline
YFP 394: Crafting a Rich Life in Retirement: Insights from David Zgarrick, PhD
02/06/2025
YFP 394: Crafting a Rich Life in Retirement: Insights from David Zgarrick, PhD
Tim Ulbrich, YFP Co-Founder welcomes back David Zgarrick, PhD to share his journey into "preferment," balancing retirement, financial planning, and staying engaged through teaching and consulting. Summary In this episode, Tim Ulbrich, YFP Co-Founder, welcomes back David Zgarrick, PhD, as he shares his journey into what he calls the "preferment phase" of life. Dr. Zgarrick opens up about his transition from academia to retirement, the joy of new routines, and the power of early financial planning. He highlights the importance of staying engaged—through consulting, teaching, and meaningful activities—while keeping financial health in check. About Today's Guest David P. Zgarrick, PhD, is Professor Emeritus in the School of Pharmacy and Pharmaceutical Sciences at Northeastern University. Prior to his retirement in 2022, his positions included Associate Dean of Faculty at Northeastern’s Bouvé College of Health Sciences, Acting Dean of the Northeastern’s School of Pharmacy and Pharmaceutical Sciences, Chair of the Northeastern’s Department of Pharmacy and Health Systems Sciences; John R. Ellis Distinguished Chair of Pharmacy Practice at Drake University College of Pharmacy and Health Sciences; and Vice-chair of Pharmacy Practice at Midwestern University Chicago College of Pharmacy. He is a licensed pharmacist, receiving a BS in Pharmacy from the University of Wisconsin - Madison and a MS and PhD in Pharmaceutical Administration from The Ohio State University. Dr. Zgarrick remains engaged in the profession of pharmacy, consulting with universities and teaching pharmacy practice management and entrepreneurship in the health sciences. His scholarly interests include pharmacy workforce research, pharmacy management and operations, pharmacy education, and development of post-graduate programs. He has published over 150 peer-reviewed manuscripts and abstracts, was co-editor of the textbook Pharmacy Management: Essentials for All Practice Settings, and authored the book Getting Started as a Pharmacy Faculty Member. He was editor-in-chief of the Journal of Pharmacy Teaching, Executive Associate Editor of Currents in Pharmacy Teaching and Learning, and is an editorial board member of Research in Social and Administrative Pharmacy. Dr. Zgarrick is active in many professional organizations, including the American Pharmacists Association (APhA) and the American Association of Colleges of Pharmacy (AACP). He served on AACP Board of Directors for twelve years in three different roles, including as Treasurer from 2016-22. Dr. Zgarrick also served on the Board of Visitors for the University of Wisconsin School of Pharmacy, the Board of Grants for the American Foundation for Pharmaceutical Education, and is a Fellow of the American Pharmacists Association. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/35140540
info_outline
YFP Real Estate Investing 132: Rent vs Buy: Does Buy Still Make Sense?
01/30/2025
YFP Real Estate Investing 132: Rent vs Buy: Does Buy Still Make Sense?
Tim Ulbrich talks with Nate Hedrick and David Bright as they break down the rent vs. buy dilemma in today’s market, tackling equity, flexibility, financial strategy, and key market insights. Summary Tim Ulbrich talks with real estate investors Nate Hedrick, PharmD and David Bright, PharmD as they dive into the rent vs. buy decision in today’s housing market, offering practical insights and real-life experiences. They explore the financial benefits of both options, the role of equity, and the flexibility renting provides. Their discussion highlights the importance of understanding local market dynamics, strategic use of home equity, and aligning decisions with personal and financial goals. Mentioned on the Show : Revisiting Our 2024 Projections and Looking Ahead to 2025 “Here’s how much more a single-family home costs to buy than rent” Channel
/episode/index/show/yourfinancialpharmacist/id/35059025
info_outline
YFP 393: Ask YFP: Growing Your Income & Saving for Kids College Savings
01/23/2025
YFP 393: Ask YFP: Growing Your Income & Saving for Kids College Savings
YFP Co-Founders, Tim Ulbrich and Tim Baker answer two listener submitted questions about growing income and saving for your child’s college education. Summary In this episode, Tim Ulbrich, PharmD and Tim Baker, CFP tackle two listener submitted questions. Cory from Arizona seeks advice on how pharmacists, in addition to cutting expenses, can increase their income to achieve their financial goals. Amanda from Minnesota, inquires about 529 college savings plans and balancing it with other financial priorities. Mentioned on the Show YFP Blog: YFP Blog:
/episode/index/show/yourfinancialpharmacist/id/34928110
info_outline
YFP 392: Keeping Your Investment Portfolio FIT
01/16/2025
YFP 392: Keeping Your Investment Portfolio FIT
Tim Baker, CFP®, and Tim Ulbrich, PharmD, share strategies to address fees, inflation, and taxes, helping you keep your investment portfolio fit and achieve your financial goals. Summary In this episode, Tim Baker, CFP® and Tim Ulbrich, PharmD discuss a crucial topic related to personal finance: keeping your investment portfolio fit. Tim and Tim explore three silent threats to your investments—fees, inflation, and taxes. Learn practical strategies to manage fund fees, mitigate inflation's impact, and use tax-efficient approaches to safeguard your portfolio. Whether you're starting to save or nearing retirement, this episode delivers valuable tips to protect and grow your wealth. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/34874535
info_outline
YFP 391: 7 Books That Shaped My Money Mindset
01/09/2025
YFP 391: 7 Books That Shaped My Money Mindset
Tim Ulbrich shares insights from seven financial books that shaped his journey, offering key lessons on saving, spending, mindset, and building wealth. Summary In this episode, Tim Ulbrich highlights seven impactful financial books that shaped his journey, including I Will Teach You to Be Rich by Ramit Sethi, Die with Zero by Bill Perkins, and Rich Dad, Poor Dad by Robert Kiyosaki. He shares key takeaways on topics like balancing saving and spending, adopting a wealth-building mindset, and spending for happiness. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/34761500
info_outline
YFP 390: Financial Resolutions: Top 5 Moves for Pharmacists in 2025
01/02/2025
YFP 390: Financial Resolutions: Top 5 Moves for Pharmacists in 2025
Tim Ulbrich, YFP Co-Founder, shares 5 key financial moves to align your goals, enjoy life now, and build a secure future. Summary In the first episode of the year, Tim Ulbrich, YFP Co-Founder, dives into strategies for aligning your personal and professional goals to make 2025 your best year yet. He shares five essential financial moves to help you strike the perfect balance between enjoying life today and building a secure future. Learn actionable tips for setting meaningful financial goals, optimizing your tax planning, organizing your financial documents, automating your savings, and crafting a plan for continuous learning. Mentioned on the Show YFP Podcast: YFP Blog:
/episode/index/show/yourfinancialpharmacist/id/34674025
info_outline
YFP Real Estate Investing 131: Revisiting Our 2024 Projections and Looking Ahead to 2025
12/28/2024
YFP Real Estate Investing 131: Revisiting Our 2024 Projections and Looking Ahead to 2025
David Bright and Nate Hedrick share their annual real estate predictions for the year ahead and reflect on trends of 2024. Summary Join hosts David Bright, PharmD and Nate Hedrick, PharmD as they close out 2024 with their third annual real estate investing predictions. Reflecting on their past forecasts for the year, they explore why rates and housing prices didn’t align with expectations and emphasize the importance of staying adaptable in a shifting market. David and Nate also share their personal investment plans for 2025. About Today's Guests Nate Hedrick is full-time pharmacist by day, husband and father by evening and weekend, and real estate agent, investor, and blogger by late night and early morning. He has a passion for staying uncomfortable and is always on the lookout for a new challenge or a project. He found real estate investing in 2016 after his $300,000+ student loan debt lead him to read Rich Dad Poor Dad. This book opened his mind to the possibilities of financial freedom and he has been obsessed ever since. After earning his real estate license in 2017, Nate founded Real Estate RPH as a source for real estate education designed with pharmacists in mind. Since then, he has helped dozens of pharmacists around the country realize their dream of owning a home or starting their investing journey. Nate resides in Cleveland, Ohio with his wife, Kristen, his two daughters Molly and Lucy, and his rescue dog Lexi. David Bright is a pharmacist with a heart for teaching. He’s been a full-time professor since 2009 with a passion for implementing and improving pharmacy services. Themes of “implementing and improving” in the pharmacy space are quite similar to themes of “building and fixing” in real estate, which has been a growing hobby for David and his wife, Heather, who bought their first house more than ten years ago. That fixer-upper house became a live-in house flip, which they sold a few years later, only to repeat the process with their next house. When David and Heather got sick of perpetually living in a construction zone, they pivoted to fixing up rental properties in West Michigan, where they now live. David invests in real estate as a way to bring greater diversity to financial planning and to fund memorable life experiences with family and friends. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/34612430
info_outline
YFP 389: 2024 in Review: Milestones, Highlights, & Giveaway!
12/26/2024
YFP 389: 2024 in Review: Milestones, Highlights, & Giveaway!
Tim Ulbrich, YFP CEO, celebrates over 2 million downloads of the YFP Podcast by sharing some of his favorite episodes and listener stories. He also previews exciting projects ahead in 2025 for YFP. Summary In this special year-end episode, host Tim Ulbrich reflects on a milestone year, celebrating over 2 million downloads of the YFP Podcast. He shares powerful listener stories, recaps his top three episodes of 2024—featuring topics like achieving financial success, landing scholarships, and entrepreneurial journeys in pharmacy—and offers a glimpse into what’s ahead for 2025. Plus, don’t miss your chance to win a $100 Amazon gift card by submitting your show ideas to [email protected] by January 1st, 2025. Celebrate with us, and gear up for an inspiring year of growth and success! Mentioned on the Show YFP Podcast
/episode/index/show/yourfinancialpharmacist/id/34612295
info_outline
YFP 388: Entrepreneurial Journeys in Pharmacy: Lessons on Growth and Success
12/19/2024
YFP 388: Entrepreneurial Journeys in Pharmacy: Lessons on Growth and Success
Four pharmacist entrepreneurs share their journeys from pharmacy to thriving businesses, offering tips, actionable advice and inspiration. This episode is brought to you by . Summary In this engaging panel discussion, four pharmacist entrepreneurs—Brooke Griffin, Jimmy Pruitt III, Kelley Carlstrom, and Natalie Park—share their unique paths from pharmacy to thriving businesses. Discover how they built their ventures, made strategic decisions, and overcame challenges along the way. Gain practical insights into audience building, pricing strategies, navigating sales, and balancing personal and professional growth. Whether you're dreaming up a new idea or ready to expand your business, this episode is packed with actionable advice and inspiration to help you take the next step in your entrepreneurial journey. About Today's Guests Kelley Carlstrom is the CEO and founder of KelleyCPharmD, an education company that fills the considerable gap in clinical oncology training. She is passionate about democratizing oncology pharmacy education and increasing accessibility and inclusion through her unique L.E.A.R.N Oncology Method. Brooke Griffin is a pharmacist, professor, keynote speaker, and professional coach. She offers group and 1:1 coaching for pharmacists who are feeling stuck and want clarity on their next steps. She hosts a motivational 5-minute podcast, Today's Bold Idea, and is on this self-discovery journey alongside all of you. She believes everyone deserves a coach! Dr. Natalie Park is a co-founder and CEO of Pharmesol, an AI pharmacy assistant that automates inbound/outbound calls, messages, and associated workflows such as documentation to save the pharmacy teams time, streamlines operations, and gives 24/7 concierge-like experience for their customers. She is a pharmacist with a passion for leveraging technology and innovation in the pharmacy industry. Jimmy Pruitt III, PharmD, BCPS, BCCCP, BCEMP, a pharmacist and entrepreneur, earned his Doctor of Pharmacy degree from Presbyterian College and completed residencies at Florida Hospital Orlando and Grady Health System. He founded EMPowerRX Conference and Pharmacy & Acute Care University (PACU) to innovate healthcare education and inspire pharmacists to pursue entrepreneurship. In 2021, he received the Excellence in Diversity award and was named Alumni of the Year at Presbyterian College. Dr. Pruitt is also an Emergency Medicine Clinical Pharmacy Specialist at Atrium Health and hosts the "Pharm So Hard" podcast, aiming to educate and elevate the pharmacy profession. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/34520120
info_outline
YFP Real Estate Investing 130: From Full-Time Pharmacist to Full-Time STR Investor
12/14/2024
YFP Real Estate Investing 130: From Full-Time Pharmacist to Full-Time STR Investor
Jeff Chheuy, a pharmacist turned real estate investor and content creator, shares his journey and success in real estate investing. Summary In this episode, David Bright and Nate Hedrick talk with Jeff Chheuy, a pharmacist turned full-time real estate investor. Jeff shares his journey into real estate investing and emphasizes the importance of finding the right market for short-term rentals, leveraging tools like Rabbu.com for market analysis, and the benefits of using professional design and photography, property management software. Jeff also shares the importance of mentorship and personal finance education. About Today's Guest Jeff Chheuy is a real estate investor and content creator focused on helping others achieve financial freedom and live a better life. After pivoting from his career as a pharmacist, Jeff built a portfolio of short-term and long-term rental properties generating over $10,000 per month in rental income. Through his platforms on Instagram and YouTube, Jeff shares insights on real estate investing, personal finance, and self-development, empowering his audience to take control of their financial futures. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/34430715
info_outline
Rx Money Roundup #18: Can I do a backdoor Roth IRA myself?
12/10/2024
Rx Money Roundup #18: Can I do a backdoor Roth IRA myself?
In today’s episode, we’re diving into one of Tim Baker’s favorite topics (cue sarcasm and an annoyed face): backdoor Roth IRAs. You’ve probably heard the term thrown around, but what exactly is a backdoor Roth IRA, and is it something you should consider? More importantly, should you tackle it on your own or leave it to the professionals? We break down the basics of what a backdoor Roth IRA is, who it might benefit, and the potential pitfalls to watch out for. Mentioned on the Show:
/episode/index/show/yourfinancialpharmacist/id/34359475
info_outline
YFP 387: Cryptocurrency & Digital Assets: Investment Considerations and Tax Implications
12/05/2024
YFP 387: Cryptocurrency & Digital Assets: Investment Considerations and Tax Implications
In part two of their cryptocurrency series, YFP Co-Founders Tim Baker and Tim Ulbrich discuss spot Bitcoin ETFs, the IRS's stance on cryptocurrency, and strategies for incorporating digital assets into long-term portfolios. This episode is brought to you by . Summary This week in part two of the series on cryptocurrency and digital assets, YFP Co-Founders Tim Baker, CFP and Tim Ulbrich, PharmD explore the recent introduction of spot Bitcoin ETFs and how they differ from investing directly in Bitcoin. Tim and Tim also discuss the IRS's perspective on cryptocurrency and key considerations for including digital assets in your portfolio as part of a long-term investment strategy. Mentioned on the Show
/episode/index/show/yourfinancialpharmacist/id/34276805