Money Rx - Best Practices For Physicians

In this episode of Money RX, host Dave Jesiolowski interviews Dr. Seeger Morris, an internal medicine physician and author of 'Let Me Lead.' They discuss the concept of experience bias in medicine, the importance of empowering young physicians, and the evolving landscape of leadership within the healthcare industry. Dr. Morris shares insights on how early career physicians can earn their place at the leadership table, the significance of influence over authority, and the necessity of collaboration and mentorship. 

In this episode of Money Rx, host Dave Jesiolowski discusses the complexities of divorce, particularly for physicians, with family law expert Craig Robertson. They explore the unique challenges physicians face during divorce, the importance of having support, proactive steps like prenuptial agreements, common mistakes made during the process, and the specific divorce laws in Mississippi. The conversation emphasizes the emotional and financial implications of divorce and offers insights into restructuring life and finances post-divorce.

In this episode of MoneyRx, Josh Taffer discusses the financial strategies necessary to fund a million-dollar education for children, particularly for those aiming for elite schools. He outlines a three-bucket strategy involving 529 plans, Trump accounts, and taxable brokerage accounts to effectively save and invest for educational expenses. The conversation also covers the implications of loans and financial aid, emphasizing the importance of consulting with financial professionals to navigate these complex financial landscapes.

In this episode, Josh Taffer speaks with Dr. Craig Moffett about the importance of business ownership for physicians. They discuss Dr. Moffett's entrepreneurial journey, the creation of his assisted living facilities, and the tax benefits associated with owning a business. The conversation emphasizes the need for physicians to take ownership of their financial futures and the importance of assembling a supportive team to navigate the complexities of business ownership.

In this episode of MoneyRx, host Josh Taffer and Dr. Craig Moffett discuss the potential of real estate investing for physicians. They explore Dr. Moffett's journey into real estate, practical advice for first-time investors, the importance of understanding physician loans, and tax strategies that can benefit high-income earners. The conversation also addresses common misconceptions about real estate investing, emphasizing that it can be a manageable and rewarding venture for busy professionals.

In this episode of MoneyRx, host Dave Jesiolowski and David Wagner, CFA, delve into the often-overlooked psychological aspects of investing. They discuss the behavioral traps that investors fall into, such as fear of missing out (FOMO) and the dangers of market timing. Wagner emphasizes the importance of maintaining a long-term perspective and having a structured investment strategy to navigate market volatility. The conversation also touches on the balance between active and passive investing, the significance of effective communication in financial advising, and the need for investors to focus on what they can control to achieve better outcomes.

In this episode, Dave Jesiolowski and David Wagner discuss the evolution of investing strategies, emphasizing the need for a new playbook in today's market. They critique the outdated 60-40 portfolio model, explore the role of volatility as an opportunity, and delve into the use of options and tactical overlays for risk management. The conversation highlights the importance of diversification and return stacking, while also identifying red flags in investment strategies that could hinder long-term success. 

 In this episode of MoneyRx, host Josh Taffer discusses the common question among physicians regarding how much money is needed to retire. He emphasizes that the focus should not be on a specific number but rather on the process of building a reliable financial system. Taffer introduces the endowment model, which is used by institutions to ensure long-term financial stability, and explains how this model can be adapted for personal retirement planning. He outlines a three-pool strategy for managing retirement funds, including a liquidity pool, a diversification and income pool, and a growth engine. 

In this episode of MoneyRx, host Dave Jesiolowski  speaks with Dr. Claude Brunson about the critical aspects of leadership in the medical field, emphasizing the importance of self-care, mentorship, and the internal conversations that shape effective leadership. They discuss the challenges of burnout among physicians, the necessity of setting boundaries, and the significance of finding one's passion in their professional journey. Dr. Brunson shares personal insights and experiences that highlight the need for physicians to prioritize their well-being to lead effectively and support their teams.

In this episode of The Physician’s Financial Journey, Dr. Brunson explores the path from residency to retirement through the lens of real physician experiences. We unpack powerful stories, spotlight the most common financial mistakes doctors make, and reveal the strategies that lead to long-term financial success. Whether you’re early in your career or preparing your exit strategy, this episode offers actionable advice to help you build wealth, avoid costly errors, and reach financial freedom—on your own terms.