Financial Residency

Dr. Nicholas Comninellis has lived a life of service dedicated to education and international medicine. He talks about his inspiration, his travels and his mission to help other physicians rekindle their passion for medicine through global health care and serving forgotten populations.

He is the founder of the Institute for International Medicine (INMED), which offers CME all the way up to a Masters in International Health. It also pairs people with international sites where they can apply their medical skills to help vulnerable populations.

He is the author of Shanghai Doctor and Where Do I Go From Here? You can learn more at www.inmed.us.

It's rare to encounter a physician as good in finances as they are in the work world.

And for a good reason.

Medical jobs have the highest rates of burnout of all professions.

Physicians just don't have time to care about investing, retiring early, wealth, etc.

But today's guest - Dr. Elisa Chiang - did. And the results speak for themselves.

Elisa is a board-certified ophthalmologist and fellowship-trained oculoplastic surgeon who, in her words, "Has worked both in private practice as well as for a bureaucratic hospital system."

After experiencing burnout, she decided to go all in investing to achieve early retirement and escape the medical industry.

Fast forward to today, she's a wealthy life coach that helps other people like her (physicians just like you) to make better life choices with their finances that serves their needs.

The work of people like Elisa gets us excited about the future of personal finance in the physician work world.

If you're a medical professional that: • Struggles with burnout. • Experiences second thoughts about their medical career • Are confronted with big decisions like marriage, investments, retirement, moving, etc.

You'll find this episode quite helpful!

Links:

www.WrenneFinancial.com

Be sure to let Dr. Jon Jurica know that you came from Financial Residency if opting into his program. We'd love to know who you are. This way we can shout you out!

Today I focus on compensation data and explain what to do with the numbers.

LINKS:

www.ContractDiagnostics.com

Be sure to let Dr. Jon Jurica know that you came from Financial Residency if opting into his program. We'd love to know who you are. This way we can shout you out!

Physicians are doing important work - they are saving lives every day.

But physicians are also taking a pushback - the industry is harsh.

Burnout runs rampant and the lack of good financial education leaves many professionals struggling with money all their professional lives.

We're not all-knowing on this show, but we've identified a few key problems we encounter with physician finances repeatedly.

On today's show, we're going to address these issues, how to solve them, and how to prevent them.

If you're a physician struggling with their finances at the moment - we'd recommend you give this episode a shot.

Thank you and enjoy!

Links:

www.WrenneFinancial.com

Be sure to let Dr. Jon Jurica know that you came from Financial Residency if opting into his program. We'd love to know who you are. This way we can shout you out!

Would you believe some people never read the contract they sign when they are buying a house? Even when it's a 7-figure offer??? Doug talks about the reasons why it is so important that you understand what you are signing BEFORE you sign it. For a free copy of Doug's book on buying a home, go to www.DougCrouse.com.

Be sure to let Dr. Jon Jurica know that you came from Financial Residency if opting into his program. We'd love to know who you are. This way we can shout you out!

Today I want to speak on a topic I have been seeing come up a lot lately. Physician burnout!

LINKS:

www.ContractDiagnostics.com

Be sure to let Dr. Jon Jurica know that you came from Financial Residency if opting into his program. We'd love to know who you are. This way we can shout you out!

Dr. Carol Clinton joined the show to talk about her journey in medicine. She talked about how she had to change jobs and eventually her practice all together when private equity and MBAs started to control how she interacted with her patients.

She was one of the first physicians to utilize social media to promote her practice. She then suffered adversity when she was diagnosed with ovarian cancer. She now helps others through their cancer diagnoses as she continues to battle her own.

Be sure to let Dr. Jon Jurica know that you came from Financial Residency if opting into his program. We'd love to know who you are. This way we can shout you out!

Lets talk about when it is the right time to finance a big purchase.

Links:

www.WrenneFinancial.com

Today I want to talk about, should you buy a car. I get this question quite often and I want to address it.

Links:

www.WrenneFinancial.com

What goes into calculating credit scores? Not only does it matter that you pay your bills on time, but you don't want to over-utilize your credit either.

Doug goes into more details on how these scores are calculated and how that might affect the APR quoted to you for obtaining a loan. For a free copy of Doug's book on buying a home, go to www.DougCrouse.com.