The Physician Philosopher Podcast on acast | Jespionne

The Physician Philosopher Podcast on acast

 In Forex Education

If you want to learn more from Jordan about his 8 week course on how you can create… With my clinical income alone, my family was already well on our way to being financially independent in our mid-40s. With the addition of the non-clinical income produced by ten commandments for aspiring superforecasters, Money Meets Medicine, and the Life Coach Doctor… I was able to go part-time in medicine only 3 years into my career. I finished Med school in 98, Peds residency in 2001.

the physician philosopher

Every chapter ends with a handful of bullet points to reinforce what you’ve read and learned. Most chapters could be the subject of an entire book, but the author distills the most pertinent aspects of each into easily digestible bites. Again, the subtitle of the book is The 20% of Personal Finance Doctors Need to Know to Get 80% of the Results. I really appreciate how he creates a balance between obtaining Financial Independence as early as possible while still enjoying today. He does an amazing job or distilling all of the major financial issues into an easy to read format, so I’ll try to do the same for his book. The articles and research support materials available on this site are educational and are not intended to be investment or tax advice.

Book Review: The Physician Philosophers Guide to Personal Finance

Have I committed personal finance blasphemy? Well, since I was following the 10% Rule, I recognized that I was still going to reach my financial goals. Using the other 90%, we increased our net worth by over $250,000 in one year. mtrading review If you are married to a doctor, I am THE life coach for you! I’ve coached dozens of clients at this point, I have interviewed 150, I work with multiple physician organizations, and recently spoke at the TexMed Conference.

Who is a physician?

A physician is a general term for a doctor who has earned a medical degree. Physicians work to maintain, promote, and restore health by studying, diagnosing, and treating injuries and diseases. Physicians generally have six core skills: Patient care.

It’s a lesson that belongs in any personal finance text. You may think there’s not much you can do about your finances as a student. Tuition is expensive, and if you haven’t saved up via another career first or have someone footing the bill for you, you’ll be taking on a whole lot of student loans.

Basically, if an author can look through the book and be assured that there is nothing crazy written in it, he will agree to do the foreword. Recently, Crispy Doc ranan interview with Vagabond MDthat highlighted his road to part-time work. This struck a chord with me as I’ve considered doing the same despite being in my second year as an attending physician.

Conflicts of interest are all around us. In a world where people have different incentives, they are unavoidable. What we can do is learn to recognize them where they exist for both ourselves and others. We can try to limit how they affect our own behavior and choices, and avoid working with people whose conflicts of interest may influence them to place their own interests above our own.

Life is expensive, or at least it can be, and he mentions the “big three” categories of housing, transportation , and food. He adds childcare and vacations to grow that list to five. I agree; we spend as much or more on travel and our children than the traditional “big three” spending categories. That’s true for the most part, but it’s also true that lenders will allow to borrow lots of money, perhaps more than you should. Dr. Turner states that his bad lifestyle decisions cost him $150,000 in the end, and the lenders were happy to let him take on all that unnecessary debt.

Teaching doctors how to live life on their terms through money and mindset

Listen today to learn how to stop waiting to be happy, find your true purpose, and even find happiness in medicine again. And if you haven’t already joined the waitlist for Medical Degree Financial University , click here to learn more… Money Meets Medicine combines the financial expertise of a financial planner who has helped hundreds of doctors with a physician finance blogger who has the experience of being a working physician. Most people write to us to tell us that they enjoy the light-hearted banter that Ryan and I produce on MMM, which keeps the show interesting while also informative. The personal finance topics you wish you’d learned in medical school.

How is philosophy and medicine connected?

While medicine seeks to fight diseases of the body like bacteria and viruses, philosophy seeks to fight the diseases of the mind like half-truths, prejudices, woolly judgments and uncritical conceptions of the world, health and disease, which have direct impact on health, and health delivery.

You aren’t alone, and it’s okay to seek help! After all, I wrote the book for medical students, residents, and early career attending physicians because it is the book that I would have wanted to read. I was pleasantly surprised to find that not only was there nothing crazy in it, but that it contained a ton of great stuff. It could very easily be a life-changing book for you, however. In fact, The Physician Philosopher’s Guide to Personal Finance could be worth millions of dollars to you over the course of your lifetime.

My Favorite Investing, Business, and Finance Books

How many of them do a great job running a Facebook Group or online forum? In fact, he’s still establishing himself in an academic career working well more than one full-time equivalent. Now, if you’ve already read a dozen other excellent money books, this is not a $2 Million book for you. For beginners, however, and that’s who Dr. Turner is attempting to reach — medical students, residents, and early-career attendings, this book is a great place to start. The purpose of emergency funds is to be separate, accessible, and available when you need.

It is written by Simon Sinek and calledLeaders Eat Last. I already knew that I agreed with a lot of what Sinek says because I’ve seenYou Tube Videos by Sinekthat feel like he has reached inside my head and ripped my ideas directly from my mind. You were strong enough to get through weed-out classes in undergrad. You were strong enough to balance the extra-curricular activities and clinical shadowing expected of you while crushing a 21-hour semester.

The content of this site is intended for health care professionals. NEJM Journal Watch Concise summaries and expert physician commentary that busy clinicians need to enhance patient care. Although he makes exceptions for those with no debt, those going for PSLF, those who are offered an employer match, and those who qualify for the saver’s tax credit.

the physician philosopher

Dr. James Turner is an anesthesiologist who blogs as The Physician Philosopher and has a podcast, Money Meets Medicine, and a brand new course, Medical Degree to Financially Free. Listen Score is a metric that shows the estimated popularity of this podcast compared to other rss-based public podcasts in the world on a scale from 0 to 100. If it is the first time you login, a new account will be created automatically. Discipline isn’t something many of us are born with, but even if you are naturally talented at the skill of being disciplined – your effort to hone this skill matters more than your natural talent. So, for those of you saying, “I’m not good at being disciplined.” I’ve got news for… And website owner of The Physician Philosopher.

About the Physician Philosopher

Spreading wealth and wellness in the medical community. As alluded to above, The Physician Philosopher was started for two reasons. The Pareto Principle can be stated many ways, but the premise is that 20% of the work will get you 80% of the results. Investing advice for doctors is no different. It may seem complicated, but with a little knowledge about what falls into the 20% doctors need to know…

What is boorse biostatistical theory?

According to Boorse's Bio Statistical Theory (BST), health is normal species functioning, which is the statistically typical contribution of all the organism's parts and processes to the organism's overall goals of survival and reproduction.

The problem, of course, is that this doesn’t work. You can’t outrun the internal work of figuring out who and what you are. Then, my family and I paid off $300,000 in debt and increased our net worth by $500,000 in two years.

Diversify Like Crazy for Financial Security

Up to 80% of physicians have student loans, and it seems like the same percentage of physicians make very large mistakes when it comes to properly managing their student loans. Let’s be honest… we all love learning from other people’s financial mistakes. Money mistakes are going to happen, and we are going to discuss a few common financial mistakes that doctors make. Come join Lisha and I as we discuss our share of financial mistakes, and some of them are very common and might resonate with you on episode 85 of The Physician Philosopher podcast. PS – Get 10% off your contract review by…

the physician philosopher

Nevertheless, I do read a lot of personal finance blogs and books, and I was excited to partner with James, as he is an excellent writer and teacher with a healthy message. There are few books out there that will give you more bang for your buck in a matter of hours. Dr. Turner encourages the reader to find balance in many aspects of life. Balance between living now and enjoying the fruits of your labor later. Balance between your career and your home life.

ArticlesBrowse every blog post ever created on The Physician Philosopher. ResourcesRecommended ToolsFrom insurance to professional contract review – these are the ones you can trust. PodcastsThe Physician PhilosopherAn uncurated and unapologetic look into physician life.

#73 The Importance of Cash Flow in Physician Personal Finances

If you are looking to create passive, non-clinical income to help you find… This episode is different from our typical episodes on one good trade mike bellafiore Podcast. Today, I have something special that I want to share with you, and I want you to share this episode with all of your friends in medicine. My biggest goal is to empower doctors while also fixing our broken medical system. And one of the ways that I am going to achieve that goal is by sharing tools and strategies with all physicians in a manner that is easily accessible.

All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly. Going forward, I will be working on moving closer and closer toward living my ideal day, week, and year as much as possible. This will include being the best husband, father, doctor, and entrepreneur I can be. As it turns out, entrepreneurs are serial problem solvers.

His mission is to teach physicians how to create financial freedom. Giving every single dollar a job is a highly effective way to find financial success. Yet, it is also a highly successful way to stress both me and my marriage out. When I started becoming financially literate, I was bound and determined to find another way to achieve our financial goals. Join Dr.Lisha and I as we dive into everything you need to know on budgeting and how you can achieve financial success without traditional budgeting. It turns out that when doctors find the work-life balance they need, they fall back in love with medicine.

Recent Posts

Leave a Comment