Financial Residency

A Physician’s Guide to Wealth - The first step to true wisdom

04.06.2024 - By Financial Residency NetworkPlay

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This episode is sponsored by Resolve. A physician contract review and compensation data company bringing change to physician contracts. For 10% off, add FR10 when you sign up! “Know thyself” – a timeless maxim etched onto the ancient Temple of Apollo in Greece. But what does it truly mean? Join us on a journey of self-discovery as we explore the depths of this profound saying. There’s a reason why nearly one third of lottery winners go broke within their first 3-5 years.* They were handed millions of dollars vs. growing into someone worthy of becoming a millionaire. There’s a difference. As doctors, your path is unique.  You spent your 20s mastering medicine, not finance or why you are the way you are as a human being. And remember, before influencing others, we must understand ourselves. Reflect on our own money triggers, strengths, and weaknesses. How does your upbringing color your views? Source: https://www.usatoday.com/story/news/nation/2023/07/19/powerball-mega-millions-winners-instant-billionaire-regrets/70430571007/#:~:text=Nearly%20one%2Dthird%20of%20lottery,Financial%20Planner%20Board%20of%20Standards. Trying to qualify for PSLF and unsure if you’re on track? Get James’s 100% Public Service Loan Forgiveness Checklist and Masterdashboard. Go to https://info.imwealth.com/pslf to learn more.  Advisory services offered through Commonwealth Financial Network®, a Registered Investment Adviser.

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