PA the FI Way

The NHSC Loan Repayment Program is a federal program that helps qualified healthcare workers like physician assistants / physician associates, physicians, nurse practitioners, dentists, and behavioral health workers who work in certain specialties (mostly primary care areas of medicine and mental health) pay back their student loan debt. However, there are considerations that make it not seem so appealing. Take a listen to hear my story as to why I ultimately declined the award after applying.

Are you just beginning your journey to financial independence and don't know where to start? Download your FREE copy of the PA the FI Way Beginner’s Workbook here!

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway

Website / Blog: pathefiway.com

Follow along on Instagram: @pathefiway https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student, student loans, nurse practitioner

Bradley "Brad" Clark, CFP, is a fee-only fiduciary financial advisor who shares his insight on how PAs can accumulate wealth on their way to financial independence. He discusses a suggested order of operations to allocate your income by setting aside a certain portion towards different retirement and investment accounts while also paying down your debt. It can be difficult to balance paying down your six-figure student loan debt while saving and investing for your future, but this information can help you get started!

Brad also shares how you can find a fee-only fiduciary financial advisor to work with if you would like some additional help from a trusted resource. Working with this type of financial planner could help you either on your way to financial independence or when nearing your retirement to optimize your financial strategy in regards to drawing down your funds.

Brad also will have a new book launching in January 2023 titled Be the Bird, and you can connect with him to claim your copy or to reach out with questions: [email protected] 

Brad's website: bradleyclark.com  

Resources Mentioned: 

www.napfa.org

www.xyplanningnetwork.com 

www.garrettplanningnetwork.com

Are you just beginning your journey to financial independence and don't know where to start? Download your FREE copy of the PA the FI Way Beginner’s Workbook here!

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website / Blog: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student

I'm officially in between jobs! Here's why I quit my previous role as a PA, and why I chose my next position to transition to.

If you're feeling like it might be time for a change for you, I hope this episode helps you to decide whether or not to take the action and steps needed to make the change possible. It has been said that action creates clarity, and this is definitely true when it comes to a possible job change. 

Are you just beginning your journey to financial independence and don't know where to start? Download your FREE copy of the PA the FI Way Beginner’s Workbook here!

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website / Blog: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student

Gaby went from being a registered dietician and diabetes educator to practicing as a PA, and was able to double her income with this transition and additional training. She then used her background, networking, and connections, to design a balance of practicing both in clinic as a primary care and urgent PA in addition to practicing telemedicine from home as a maternal fetal medicine (MFM) PA. 

Gaby is a newer mom, and feels like the balance that these two roles provide helps her to spend more time with her daughter. Her unique background helped her to add the MFM role to her primary care role, where she is able to care for diabetic patients in a variety of ways. 

Gaby also hosts The Making of a Physician Assistant podcast, so be sure to check out her show as well! You can also follow and connect with her on Instagram or TikTok (@itsgabythepa), or reach out by email to [email protected] 

Are you just beginning your journey to financial independence and don't know where to start? Download your FREE copy of the PA the FI Way Beginner’s Workbook here!

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website / Blog: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student

Do you want some motivation on your journey to becoming debt free as a PA (physician associate / physician assistant)? Take a listen to hear the story of how PA Nicole and her supportive husband, Anthony, paid off their debt aggressively to become debt free all while starting their family. 

A large portion of their debt was Nicole's student loan debt from PA school, and they formulated a plan together to pay off their debt as a team. They discuss how they like to do check-ins, which are often mini vacations, to discuss their finances and connect. This is a concept that I absolutely love and will try to implement with my husband. 

Nicole and Anthony also share about their experience with investing in real estate by purchasing rentals... and then making the decision to eventually sell them. They discuss their recent strategies to building their net worth on their journey to financial independence, which includes investing in businesses! 

You'll find this episode so informative and inspirational that you'll want to share it with your PA friends, PA colleagues, and spouse / partners as you all work on becoming debt free. 

Connect with Nicole on Instagram: @nmcole1013

Resources mentioned: 

Rich Dad Poor Dad (book) 

BiggerPockets (podcast)

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website / Blog: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: debt free, debt free journey, real estate investing, student loan debt, physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student

What are some of your current financial goals? Although "paying back debt" and "building wealth" may be a couple of your generic goals, these types of goals are hard to track and aim towards. Learn how to set better financial goals on your journey to financial independence. 

Resource mentioned: 

Check out Personal Capital to track your net worth while working towards your financial goals. 

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website / Blog: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: financial goals, SMART goals, goal setting, physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student

Tracy Bingaman, PA-C, and host of the Fulfilled as a Mom podcast joins me on the show to discuss burnout while working in medicine, setting boundaries, and being fulfilled in life! Tracy is an amazing PA who tries to help busy working moms find more time and money in their life. You don't want to miss this important conversation! 

Get Tracy's free 5 Keys to Financial Independence resource: https://tracybingaman.com/money

Check out her website: tracybingaman.com 

Follow Tracy on Instagram: @mrstracybingaman 

Check out Jenna Kutcher's book, "How Are You, Really?"

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website / Blog: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: burnout, healthcare burnout, setting boundaries, boundaries, physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student

You know that financial stress like debt and a low net worth can cause stress and anxiety. But did you know that financial stress could also impact your physical health? Financial stress correlates with several chronic disease and even chronic pain. Take steps to begin your journey to financial independence today to live a healthier life!

Articles: 

https://showme.missouri.edu/2021/carrying-unsecured-debt-throughout-life-tied-to-poorer-physical-health-mu-study-finds/

https://www.voya.com/blog/mind-money-and-body-what-financial-stress-does-your-health

https://www.getbrightup.com/post/health-and-financial-wellness

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website / Blog: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: financial stress, mental health, physical health, physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student

Do you get plenty of sleep, but still feel exhausted? Sleep is a type of physical rest, but your body and your mind actually need 7 types of rest to feel energized and rested! Learn about these types of rest to help with your burnout and fatigue on your way to financial independence. 

Read or listen to Sacred Rest: Recover Your Life, Renew Your Energy, Restore Your Sanity, by Dr. Saundra Dalton-Smith

Wonder which types of rest that you are most deficient in? Take the Rest Quiz at restquiz.com to learn where you should start. 

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website to read blog posts: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: burnout, fatigue, healthcare burnout, burnout in medicine, sacred rest, rest, physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student

Money is not the goal. It's a tool to help you reach your goals.

You don't want to be rich. You want to have freedom to do what you want, when you want, with who you want. 

In addition to trying to reach the point of financial freedom / financial independence, find out how to reach time freedom and location freedom too. 

Are you just beginning your journey to financial independence and don't know where to start? Download your FREE copy of the PA the FI Way Beginner’s Workbook here!

Enjoy the show? You can now support the PA the FI Way podcast through Buy Me a Coffee! Thank you for all of your support! https://www.buymeacoffee.com/pathefiway 

Website to read blog posts: pathefiway.com

Follow along on Instagram: @pathefiway   https://www.instagram.com/pathefiway/

Join the private Facebook group created for current and future PAs on their journey to financial independence: https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along for updates: https://www.facebook.com/pathefiway

Keywords: financial freedom, location freedom, time freedom, physician associate, physician assistant, physician assistant financial independence, physician associate financial independence, physician assistant finances, physician associate finances, physician assistant school, physician associate school, PA school, PA-S, PA-C, pre-PA, physician assistant student, physician associate student