Accumulating Wealth

Interest rates have been coming down, and now might be the time to capitalize on it for large loan borrowers. In today's episode, Hunter and Judson discuss rates in the wake of COVID-19 and what to consider when deciding to refinance on home loans, jumbo loans, practice and practice real estate loans. Hunter and Judson will be back in July for our next season on dental practice transitions. In the meantime, get resources and updates on the dental industry and navigating COVID-19 at cainwatters.com Our new Dental Comparison Report is out now and can help dental practice owners make strategic spending decisions as they reopen. Get it now at cainwatters.com/hdypc.

Investing is a very important vehicle to help you reach your long-term financial goals, but what's with all the fees? Are they really necessary and how do you know if you are paying too much? Judson and Hunter dive into the complex world of investment fees: the different types, their purpose and what you're really paying for.

With a little extra downtime, now is the perfect time to evaluate any unnecessary waste and get rid of excess expenses you may have let fall through the cracks. What fees do you think you can discard for the future? Special guest, President and CEO of Elite Dental Alliance offers clarity regarding fees, subscriptions, software services in the dental industry and how to navigate these charges that affect your cash flow.

You know what you your time is worth and the costs associated with running your business, but when those costs rise, why are owners always hesitant to raise fees for their patients? In this episode, Hunter & Judson discuss how to know if your fees are right, and if they are too low, how to increase without patient push back.

In season 5, our hosts will discuss ways to save you money in your practice, but before we do that—we must address the elephant in the room. Things are hardly business as usual. Your practice has been closed for 6 weeks and all production has been halted outside of taking care of emergencies. Practices are finally starting to open back up in some states, but the big question of maintaining cash flow is on the minds of owners. Judson and Hunter discuss the cash flow of a dental practice, PPP loans and some guidance for the months coming back into practice.

In the final episode of season four, our hosts take a scattershot approach on all the other things that didn't fit into one of the other episodes. From individual to employee insurance coverage to property insurance, long-term care and umbrella policies to cover just about anything, Hunter and Judson want to make sure you are protected from life's pitfalls.

Just recorded! Our hosts Hunter and Judson bust out of the Dallas County lock-down to record this bonus episode for you. If your practice and/or business is closed due to the pandemic, how will you maintain your cash flow, and for how long can you do it? In this episode, the guys review a 90-day cash flow plan touching on your cash needs, potential cash sources and how to determine your priorities. They offer specific suggestions what to do if you need more cash, ideas for productive ways to spend the downtime and of course—their favorite pandemic memes.

Stop here! Don't scroll through this episode because you don't want to think about it—this one is a must listen for everyone. Without a plan in place, settling your affairs should you become incapacitated or deceased, could have a long lasting and costly impact on your loved ones. Hunter & Judson are here to set the record straight that a will is not enough. The flow of the money is the most important part, and there are five documents you need to ensure your wishes (and money) are not left up to the probate court to decide. To see all the documents needed, please visit https://bit.ly/399LugA.

As a service professional, your hands, mind and body are what brings money into your business. If you are unable to produce, how long will your business and family be able to keep up with day-to-day expenses? Sure, "it will never happen to me," but there is a 3 in 10 chance of suffering a disability that keeps you out of work for 90 days or longer at some point in your career. In this episode, hosts Hunter and Judson discuss long-term disability carriers and policy types, appropriate coverage amounts and why knowing your "wait period" is so important to getting paid.

Season 4 covers topics that may not be talked about enough (but should). In this first episode, hosts Hunter and Judson cover life insurance and everything that comes with it. Term life versus permanent life, they go over the types that may be suitable and how much you really need to protect the ones you love.