Physicians Financial Checkup Podcast

🎉 Congratulations! You've matched into your dream residency program, marking a significant milestone in your medical career journey. 🎓 But as you prepare to graduate from medical school and relocate to a new city for your residency, a whole new set of challenges awaits.

In Episode 42 of the Physicians Financial Checkup Podcast, hosted by Brent Boden, CFP, we'll explore what comes next after matching and how proper planning for your finances, health, and overall well-being can set you up for success in this exciting new phase of your life.

Join us as we delve into the five crucial steps you need to take to navigate your journey ahead with confidence. From managing your finances to prioritizing your health and well-being amidst the demands of residency, we'll provide valuable insights and practical tips to help you thrive in this transformative time.

Don't miss out on this essential episode designed specifically for medical students embarking on their residency journey. Tune in now to gain the knowledge and guidance you need to make the most of this exciting transition!

For More Information Visit BrentBoden.com or find other episodes on YouTube.

#Match2024 #MatchWeek #Residency #MedicalSchool #ResidencyMatch #PhysiciansFinancialCheckup #MedicalStudents #FinancialCoach 🏥💼

🎙️ Get ready to dive deep into the world of sudden wealth in Episode 41 of the Physicians Financial Checkup Podcast, hosted by Brent Boden, CFP!
 
Sudden wealth can be a life-changing event, but without proper preparation and planning, it can quickly turn into a financial nightmare. In this episode, we'll explore the steps you should take immediately and over the first few months after discovering your newfound riches. 

From assembling a trusted team of professionals to creating a comprehensive financial plan, we'll cover everything you need to know to make the most of your windfall.

But that's not all - we'll also highlight the common pitfalls to avoid when dealing with sudden wealth. Whether it's the temptation to overspend, failing to plan for taxes, or neglecting to address outstanding debts, we'll equip you with the knowledge and insights to navigate these potential roadblocks with confidence.

Whether you've inherited a large sum of money, won the lottery, or struck it rich in a business deal, this episode is your ultimate guide to preparing for and maximizing sudden wealth. Don't miss out on this invaluable advice - tune in now and take control of your financial future!

For More Information Visit BrentBoden.com or Check Out more on YouTube.

 #Inheritance #Lottery #Wealth #SuddenWealth #FinancialPlanning #Windfall #FinancialSuccess #PhysiciansFinancialCheckup 

🎙️ Don't miss out on our most impactful episode yet! In Episode 40 of the Physicians Financial Checkup Podcast, host Brent Boden, CFP, teams up with special guest Ethan A. Nkama, Owner and Attorney of the Rocky Mountain Physician Agency, to bring you "Physician's Playbook: Mastering Contract Negotiations."

Get ready to unlock the playbook to your financial success as we delve into the intricate world of hospital management and physician contract negotiations. Ethan shares invaluable insights and expert strategies to help physicians across the country navigate the complexities of their initial contracts and renewal negotiations with confidence and clarity.

Whether you're a seasoned pro or new to the game, this episode is a must-listen for anyone looking to level up their negotiation skills and secure the best possible terms for their practice.

Plus, don't forget to check out Ethan's links in the episode description for even more resources and information.

instagram: https://www.instagram.com/physicianagency/

linkedin: https://www.linkedin.com/in/ethannkana/

youtube: https://www.youtube.com/@ethannkana

youtube (upcoming, 3/1): https://www.youtube.com/@TheDoctorsAgent

website: www.RMPA.co

🔥 Ready to take control of your financial future?

Tune in now on YouTube & Podcast platforms and join us on the journey to mastering contract negotiations! Don't miss out - your future self will thank you! 💼💡

For more information and resources visit BrentBoden.com

#PhysiciansFinancialCheckup #ContractNegotiations #HealthcareFinance #Physician #Doctor #BrentBoden #RockyMountainPhysiciansAgency #PodcastEpisode40

Welcome to Episode 39 of the Physicians Financial Checkup Podcast, hosted by Brent Boden, CFP. In this episode, we dive deep into the financial considerations surrounding medical practice ownership. Whether you're a seasoned practitioner looking to take the leap into entrepreneurship or a recent graduate considering your career path, this episode offers invaluable insights into the financial aspects of practice ownership.

Owning a medical practice presents unique opportunities and challenges, from securing financing and managing operations to navigating regulatory compliance and succession planning. Join Brent Boden, a seasoned financial advisor with expertise in healthcare finance, as he unpacks the key financial considerations that medical professionals need to know when embarking on the journey of practice ownership.

In this episode, you'll learn:

The various financing options available for medical practice ownership, including traditional bank loans, Small Business Administration (SBA) loans, and specialized practice financing.

Strategies for optimizing profitability and reducing expenses in your medical practice without compromising patient care.

Best practices for negotiating contracts with suppliers, vendors, and payers to ensure cost-effective solutions while maintaining high-quality care.

Essential tips for navigating the regulatory landscape and ensuring compliance with healthcare laws and regulations.

The importance of succession planning and developing a robust plan for transitioning ownership and leadership within your medical practice.

Whether you're a physician, dentist, or other healthcare professional, this episode provides valuable insights and practical advice to help you navigate the financial complexities of medical practice ownership and achieve long-term success in your career.

Tune in to Episode 39 of the Physicians Financial Checkup Podcast now and take the next step towards financial empowerment in your medical practice journey!

Subscribe to the Physicians Financial Checkup Podcast for more episodes on financial wellness and career success for medical professionals. Don't forget to leave us a review and share your feedback - we'd love to hear from you!

For More Information visit BrentBoden.com

Welcome to Episode 38 of the Physicians Financial Checkup podcast, hosted by Brent Boden, CFP. In this episode, we're diving deep into the intricate dynamics of love and money, exploring how financial conversations can strengthen relationships. Join us as we uncover the concept of financial love languages, understanding how different approaches to money impact our relationships and communication styles.

Learn how to spice up your relationship with a 'money date night,' where you and your partner can openly discuss financial goals, dreams, and concerns in a relaxed and supportive environment. Discover the power of creating a financial goals vision board together, aligning your aspirations and building a roadmap towards shared financial success.

We'll also tackle joint financial challenges head-on, offering practical strategies to navigate them as a team. From organizing 'financial education nights' to enhance your financial literacy as a couple, to surprise financial gestures that show your love and commitment, this episode is packed with actionable insights to take your relationship to new heights.

Don't miss out on this opportunity to enhance your connection and build a solid foundation for financial harmony. Tune in now to Episode 38 of the Physicians Financial Checkup podcast and embark on a journey towards stronger relationships and financial well-being!

Tune in now on YouTube and your favorite podcast platforms! 💡

🌐 Connect with us:

YouTube: @brentboden
Facebook: @PhysiciansFinancialCheckup
Instagram: @btboden
Twitter: @btboden
LinkedIn: @PhysiciansFinancialCheckup
Website: www.brentboden.com

For more great tips - pick up your copy of the Physicians Financial Checkup at your favorite bookstores, ebook and audiobook!

@brentboden  #physiciansfinancialcheckup #financialcoach  #medicalpractice #dentalpractice #BrentBoden #loveandmoney #financiallovelanguages #moneydatenight #financialgoals #financialwellness #relationshipgoals

Disclaimer: The information provided is for general informational purposes only and does not constitute professional financial advice. Please consult with a certified financial planner for personalized guidance.

Welcome to Episode 37 of the Physicians Financial Checkup with your host, Brent Boden, CFP! 🎙️ In this insightful episode, we delve into the world of Alternative Tax-Free & Tax-Favorable Savings Strategies tailored specifically for high-net-worth medical professionals. 🏥💰

Join Brent as he navigates through innovative financial solutions designed to maximize wealth while minimizing tax liabilities for physicians. Uncover the secrets of strategic savings that go beyond conventional methods, ensuring your hard-earned income works smarter for you.

🔍 Key Topics:
✅ Exploring Alternative Tax-Free Savings Avenues
✅ Tailored Strategies for High Net Worth Medical Professionals
✅ Maximizing Wealth through Tax-Favorable Approaches
✅ Proven Methods to Optimize Financial Efficiency

Whether you're a seasoned medical professional or just starting on your financial journey, this episode is packed with actionable insights to elevate your wealth management game. Don't miss out on the opportunity to secure your financial future intelligently.

Tune in now on YouTube and your favorite podcast platforms! 💡💼

For More Information Visit BrentBoden.com

#PhysiciansFinancialCheckup #HighNetWorth #TaxFreeSavings #FinancialStrategies #WealthManagement #BrentBoden

🎙️ Physicians Financial Checkup Podcast | Episode 36
🔍 Succession Planning: Navigating Family Wealth Transfers

Welcome back to the Physicians Financial Checkup Podcast! I'm Brent Boden, your Certified Financial Planner. Today, in Episode 36, we're continuing our journey into the intricate world of family wealth transfers and succession planning. If you enjoyed our last episode on family governance (Episode 35), you won't want to miss this crucial follow-up.

In this episode, we'll explore the keys to successfully planning the transfer of your family wealth, business, and more to the next generation. It's a continuation of the insightful discussions we initiated last week.

Key Takeaways:

-The importance of being proactive and clarifying your objectives in succession planning.

-Looking internally: Exploring potential successors within your family and business.

-Understanding valuations: Why accurate assessments are your guiding star.

-Exploring tax and wealth strategies for a seamless transition.

Whether you're a medical or dental practice owner, these insights are tailored to guide you through the intricacies of family wealth transfers. We'll discuss communication strategies, focus on development, running trial periods, and addressing any gaps in your plan.

In this episode I unravel the secrets of succession planning and family wealth transfers. Tune in now to Episode 36 of the Physicians Financial Checkup Podcast. Don't forget to like, share, and subscribe for more expert insights. Let's navigate your financial future together!

🌐 Connect with us:

Website: www.brentboden.com

For more great tips - pick up your copy of the Physicians Financial Checkup at your favorite bookstores, ebooks and audiobook!

🌐🔓Unlock the Secrets of Family Governance in Episode 35!

Join Brent Boden on Physicians Financial Checkup for an in-depth exploration of 'Family Governance: Navigating Wealth Together.' 

In this episode, we delve into the 'why,' 'how,' and 'what' of effective family governance, using the inspiring journey of the Smith Family—a two-family medical professional household—as a guiding example. Discover how they set the foundation by defining their family's values, goals, and expectations, creating a blueprint for financial success.

🌟 Key Highlights:

Setting the Foundation: Learn the crucial steps in initiating family governance, and witness the impact of defining core values and expectations in the Smith Family's journey.

Annual Family Meetings: Uncover the significance of structured family meetings, gaining insights into the components of successful gatherings. See how financial updates and educational sessions contribute to building a shared vision.

Who Should Be Involved and Roles: Navigate the dynamics of involvement in family governance. Explore the roles each family member plays, and witness the inclusive approach of the Smith Family in their decision-making process.

Managing the Process: Gain valuable tips on managing potential conflicts and fostering harmonious outcomes. Delve into the pros and cons of internal versus external facilitation for effective family governance.

Expectations for Communicative, Financially Literate Families: Witness the evolution of family dynamics as members become more communicative and financially literate. Understand the positive impact of fostering a culture of engagement within the family.

🔗 Watch Now for Actionable Insights! This episode is not just about managing wealth; it's a journey into preserving your family's legacy.

Subscribe to Physicians Financial Checkup for ongoing expert advice on securing your family's financial well-being! 💼🚀

Contact Brent or Grab of copy of the Physicians Financial Checkup book for yourself - now available in print, ebook or audiobook!
 
#PhysiciansFinancialCheckup #FinancialCoach #FamilyGovernance #WealthNavigation #FinancialEmpowerment #LegacyBuilding 🎙️📺

Welcome to Episode 34 of the Physicians Financial Checkup podcast! 🎙️

Join Brent Boden, CFP® , and veteran wealth management advisor as he delves into the captivating world of family wealth planning in Unlocking the Secrets to Family Legacy.  Inspired by James E. Hughes Jr.'s 'Family Wealth: Keeping it in the Family,' this episode explores the key components to ensure a meaningful and enduring family legacy:

Unveiling the Power of Legacy: Discover the transformative impact of leaving a lasting legacy for future generations.

The Family Wealth Philosophy: Explore the guiding principles that shape a family's financial philosophy and values.

Building a Multi-Dimensional Wealth Plan: Gain insights into the importance of a comprehensive wealth plan that encompasses various dimensions of family life.

Balancing Financial Education and Stewardship: Learn the art of balancing financial education and stewardship to empower current and future family members.

Overcoming Generational Challenges: Navigate the challenges that arise across generations and discover strategies for overcoming them.

Crafting a Personalized Legacy: Uncover the significance of tailoring a legacy plan to reflect the unique values and goals of your family.

Prepare for a thought-provoking exploration into the intricacies of family wealth, financial literacy, and the three circles of wealth.

🤝 Don't miss out on this insightful discussion that goes beyond numbers and charts to shape a lasting family legacy! 🏦

For more information visit BrentBoden.com
Link here to grab your copy of the Physicians Financial Checkup. 📖🎧

#LegacyMatters #FamilyWealth #FinancialPhilosophy #WealthPlanning #PhysiciansFinancialCheckup #FinancialCoach

In the fast-paced world of healthcare, medical professionals often find themselves juggling demanding schedules and high-stress work environments. In Episode 33 of the Physicians Financial Checkup podcast, hosted by veteran wealth management advisor Brent Boden, we delve into tailored financial wellness strategies designed specifically for the unique challenges faced by busy medical professionals.

Stress Management for Financial Wellness: Explore actionable tips to manage financial stressors amid the high-stakes and high-stress nature of the medical field. Discover how reducing financial pressures can positively impact your overall well-being.

Time Management Tips: In a profession where time is of the essence, learn practical strategies for effective time management in your financial planning. From quick decision-making to optimizing your financial tasks, we've got you covered.

Behavioral Financial Values: Understand the role of behavioral finance values in decision-making. Brent shares insights on how aligning your financial strategy with your values can lead to more informed and fulfilling choices.

Impact on Long-Term Growth: Uncover the long-term implications of reducing financial stressors. Gain insights into how a well-managed financial plan can contribute to your professional and personal growth over the years.

Whether you're a medical professional in the early stages of your career or a seasoned veteran, this episode offers practical guidance to enhance your financial wellness. Brent Boden's expertise as a wealth management advisor shines through as he provides valuable insights to navigate the intricate intersection of healthcare and finance.

Join us in Episode 33 of the Physicians Financial Checkup podcast for a transformative discussion on financial wellness tailored to the unique needs of medical professionals. Subscribe now for expert advice that aligns with your busy life, contributes to stress management, and sets you on the path to long-term financial freedom.

For more information visit BrentBoden.com  or pick up a copy of the Physicians Financial Checkup book for tips and strategies to build your wealth!

🎙️ Physicians Financial Checkup Podcast - Episode 32: Crafting 2024 Financial Resolutions! 🚀💼

Gear up for a powerful start to 2024 with Brent Boden, CFP, on Episode 32 of Physicians Financial Checkup! Join us as we break down actionable ideas, tips, and strategies tailored for early career professionals, mid-career, and retirees on their unique paths to financial freedom.

🔍 Key Highlights:

💼 Early Career Excellence: Insights for those stepping into the medical field, crafting a strong financial foundation.

📈 Mid-Career Mastery: Strategies for high-earning professionals juggling family, savings, and debt management.

🌐 Retiree Wisdom: Tips for maximizing wealth and legacy planning in your retirement years.

👂 Listen now for a prescription of financial success on the Physicians Financial Checkup Podcast!

#PhysiciansFinancialCheckup #FinancialResolutions #NewYear2024 #FinancialCoach 🏥💰💡

🎙️ Host: Brent Boden, CFP

Welcome back to the Physicians Financial Checkup Podcast! In Episode 31, your host Brent Boden, Certified Financial Planner, delves into the intricacies of financial planning for dual-income medical professional households.

🔍 Key Highlights:

💼 Navigating Tax Strategies: Explore effective tax planning strategies tailored for households with two high-income earners.

🚀 Optimizing Retirement Savings: Learn how to maximize retirement contributions and build a robust savings plan for a secure future.

💡 Tips for Financial Success: Uncover expert tips to overcome the unique challenges faced by dual-income medical professional households on their journey to financial freedom.

Join Brent Boden for a deep dive into the complexities of managing two high-income careers and discover actionable insights to elevate your financial well-being. Whether you're a dual-income household or looking for valuable financial advice, this episode is a must-listen.

👂 Listen now on your favorite podcast platform!

🌐 For more resources and personalized guidance, visit BrentBoden.com

📲 Connect with us on social media for the latest updates and exclusive content: @btboden on Instagram or @PhysicianFinancialCheckup on LinkedIn

Don't miss out on this episode packed with valuable information to empower your financial journey. Subscribe, share, and leave a review if you find our content beneficial!

🎙️ Physicians Financial Checkup Podcast: Your prescription for financial success in the medical field. Stay financially healthy, stay tuned!

🎙️ Physicians Financial Checkup Episode 30: 2023 Year-End Review & Planning Tips with Brent Boden, CFP! 🌐💼

Join host Brent Boden, a seasoned CFP, in this milestone 30th episode of the Physicians Financial Checkup Podcast. Dive into a comprehensive 2023 Year-End Financial Review and gather essential planning tips for the year ahead on your journey to financial freedom as a medical professional.

🔍 What to Expect:

📈 Year-End Financial Analysis: Brent breaks down key financial highlights and challenges of 2023.

🚀 Strategic Planning Tips: Get actionable insights to prepare for a successful financial year ahead.

🩺 Tailored for Medical Professionals: Discover advice specifically crafted for the unique financial landscape of healthcare professionals.

💡 Why Tune In?
Ensure you're on the right track for financial success in the medical field with Brent's expert guidance. Subscribe now for a healthier financial future!

👂 Listen to the podcast or past episodes here!

Ready to elevate your financial game? Hit play and let's plan for prosperity in the year ahead! 🎙️

For more information visit BrentBoden.com
Or to find the Physicians Financial Checkup book, ebook or NEW audiobook! 

💰#PhysciansFinancialCheckup #FinancialCoach #PhysiciansPodcast #YearEndReview #FinancialFreedom 🌟

Join host Brent Boden, CFP, on this eye-opening episode of the Physicians Financial Checkup Podcast, where we unravel the critical tax changes impacting medical professionals in 2024 and provide a sneak peek into what's on the horizon in 2025/2026.

🔍 Key Highlights:

2024 Tax Landscape: Understand the current tax landscape and how it affects your financial strategies as a medical professional.

Upcoming Changes in 2025/2026: Gain insights into the anticipated tax shifts on the horizon and prepare your financial playbook accordingly.

Impact on Medical Professionals: Explore the specific implications of these tax changes on physicians, offering practical tips to navigate the evolving tax landscape.

Strategic Planning: Learn from Brent Boden's wealth of experience as a financial industry veteran to develop strategic tax planning for your unique circumstances.

🌟 Why You Can't Miss This Episode:
Stay ahead of the financial curve! In this episode, Brent Boden breaks down complex tax changes into digestible insights, empowering you to make informed decisions for your financial well-being.

👂 Tune in now on your favorite podcast platform or watch on YouTube! 📺

Don't let tax changes catch you off guard—arm yourself with knowledge for a financially secure future! 💪💸 #PhysiciansPodcast #TaxChanges2024 #FinancialPlanningWisdom

🎙️ Physicians Financial Checkup with Brent Boden, CFP: Real Estate Wealth Unveiled featuring special guest Matt Faircloth! 

🌐 Ready to transform your financial future through real estate? Join host Brent Boden as he dives into an illuminating conversation with Matt Faircloth, Founder and CEO of The DeRosa Group, a powerhouse in wealth-building real estate investments.

🏡💼 Discover the strategies and insights from Matt, the author of "Raising Private Capital: Build Your Real Estate Empire with Other People's Money," on how physicians and investors alike can secure lucrative opportunities in real estate. 📈

🚀 Don't miss this exclusive episode tailored to guide you through the path of smart real estate investing.

🎧 Hit play now on the Physicians Financial Checkup Podcast or YouTube channel to unlock the keys to financial success in real estate with Matt Faircloth, Founder and CEO of DeRosa Group! 💰🔑

DeRosa Group YouTube

#RealEstateWealth #PhysiciansFinance #InvestmentOpportunities #PhysiciansFinancialCheckup #FinancialFreedom #RaisingPrivateCapital #SubscribeNow 🏡🎬

On this episode of the Physicians Financial Checkup podcast, Brent Boden, CFP®, interviews Michele Carey, Director of Professional Advisor Services at The Greater Cincinnati Foundation, to discuss Giving Tuesday and how physicians can give back to their communities through their time, talents, and money. This episode is a must-listen for all physicians who want to make a difference in the world.

The importance of giving back to the communityHow physicians can use their time, talents, and money to make a differenceThe impact of philanthropy on the worldHow to get involved in Giving Tuesday

Michele Carey is the Director of Professional Advisor Services at The Greater Cincinnati Foundation. She has over 20 years of experience in the financial services industry and is passionate about helping people make a difference in their communities.

Brent Boden is a Certified Financial Planner® and the host of the Physicians Financial Checkup podcast. He is dedicated to helping physicians achieve financial freedom so that they can focus on what matters most to them.

Welcome to Physicians Financial Checkup, your go-to podcast and YouTube channel for prescription-level financial advice! 🌐 Join your host Brent Boden, CFP, as he dives into the world of financial wellness with industry trailblazer Vince Shorb, Founder, and CEO of the National Financial Educators Council (NFEC).

🎙️ In this insightful episode, we explore the crucial topics of financial literacy, behavioral aspects of money, and more. Get ready to elevate your financial IQ and gain actionable insights to supercharge your wealth-building journey.

🔗 Explore the intersection of medicine and money with expert guests, and join our community of physicians optimizing their financial health. Subscribe now for your regular dose of financial wisdom! 💼💡 

#PhysiciansFinance #FinancialWellness #MoneyMatters #Podcast

Are you a high net worth medical professional looking for a way to simplify your financial life and reach your financial goals? A virtual family office (VFO) may be the right solution for you. 🎯

A VFO is a team of financial experts who work together to provide comprehensive wealth management services to affluent families. VFOs can help you with everything from investment management to estate planning to philanthropic giving.

In this episode of Physicians Financial Checkup, we'll discuss the benefits of working with a VFO and how to choose the right one for your needs. We'll also share tips for building a team of financial advisors who can help you reach your financial goals

For more information check out brentboden.com or the Physicians Financial Checkup podcast for previous episodes.

👉📱Subscribe to our channel for more tips on financial planning for high net worth medical professionals! 🔔

Grab your copy of the Physicians Financial Checkup book for yourself or a holiday gift! 📖

Join us on the Physicians Financial Checkup Podcast, hosted by Brent Boden, for an insightful interview with Jeb Jarrell, a Certified Financial Planner and Chartered Philanthropic Advisor. Jeb, a seasoned veteran with over 10 years of experience in financial advising, shares his wealth of knowledge and expertise on this episode. From his academic journey at the University of Kentucky to his military service, Jeb's unique background offers a fresh perspective on financial planning.

Discover valuable insights and actionable advice as Jeb delves into the world of wealth management and financial planning. Whether you're a physician looking to optimize your financial well-being or simply interested in personal finance, this interview provides valuable takeaways for all.

Don't miss this engaging conversation with Jeb Jarrell, hosted by Brent Boden, and visit Jeb's website at https://www.plentifulwealth.co/ for more information on how he can help you achieve your financial goals.

To get the FREE Planning Life After Retirement workbook Jeb mentioned on this episode!

Subscribe to the Physicians Financial Checkup YouTube Channel or visit BrentBoden.com for more information.

Subscribe to the Physicians Financial Checkup Podcast for more interviews with experts in the field.

Join host Brent Boden on the Physicians Financial Checkup Podcast & YouTube Show, where we unravel the intricate world of Estate Planning Basics for medical professionals in Episode 23. Discover essential insights, strategies, and expert advice tailored to the unique financial needs of doctors and healthcare providers.

In this informative episode, you'll learn how to safeguard your family's future, protect your assets, and minimize tax liabilities through effective estate planning. We will break down the fundamentals, including wills, trusts, healthcare directives, and more, offering a clear path toward securing your financial legacy.

Stay ahead of the curve and optimize your financial wellbeing by tuning in to Episode 23 of the Physicians Financial Checkup Podcast and YouTube Show. Don't miss this crucial resource designed to empower your financial future. Subscribe now for valuable tips and strategies specifically tailored to medical professionals.

For More Information visit BrentBoden.com

To get started right away and save 10% on your estate planning needs visit Trust&Will.com