PA the FI Way

Is traveling to new places domestically and internationally one of your favorite hobbies? Do you have family that lives far away from you? Do you enjoy CME conferences, but don't have a generous enough CME budget to fully cover your flight and / or hotel cost? Then travel hacking by earning travel rewards points likely is for you! 

This episode introduces the concept of travel rewards, as well as reviews some of my favorite travel rewards credit cards. If you're interested in getting started or signing up for a new credit card, learn more at this blog post and sign up using the referral links there if interested!

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 

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Justin Chidester, CFP, AFC, founder of Wealth Mode Financial Planning reviews with us the benefits of working with a fee-only fiduciary financial planner. He also covers some red flags to watch out for when considering whether you should work with a financial advisor. I share my story of how my husband and I worked with another type of "financial advisor" for several years, until we figured out that we should FIRE him once we decided to pursue FI (pun intended).

Justin can help current and future PAs run the numbers while formulating a plan to tackle their student loans, as well as develop a plan for investing for the future, if you desire expert professional guidance. Many of his clients are between 27 and 35 years old, and he has worked with several in healthcare, including physician assistants. 

If you'd like to reach out to Justin or learn more about his services, visit his website: https://www.wealth-mode.com . 

You can also find Justin on social media: 

Facebook: www.facebook.com/wealthmode

LinkedIn: https://www.linkedin.com/in/justinchidester/ 

If you'd like to learn more about the HSA accounts that were mentioned, you can either take a listen to Ep. 012 of the PA the FI podcast, or you can read the blog post. 

Website to read other 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

Prefer to pin the posts that you found informative? Follow along on Pinterest: https://www.pinterest.com/pathefiway 

In this episode, we will review what Social Security is, and will consider if it will even be around by the time that we reach traditional retirement age. 

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

Join the private Facebook group created for current and future physician assistants 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

Website to read blog posts: pathefiway.com

Prefer to pin the posts that you found informative? Follow along on Pinterest: https://www.pinterest.com/pathefiway 

As you invest to build wealth on your journey to financial independence (FI) as a PA, it's important to also invest in your health. "Health" is not only comprised of your physical health, but rather, several types of health need to be optimized to truly help your overall health. Don't neglect your health on your journey to FI, or you may end up being too depressed or too physically unhealthy to even enjoy early retirement if you decide to retire early once you reach FI! 

Mad Fientist blog posts that were referenced: 

https://www.madfientist.com/optimize-your-journey-to-fi/

https://www.madfientist.com/happiness-through-subtraction/

Yoga with Adriene: 

https://www.youtube.com/user/yogawithadriene

Check to see if you have a Buy Nothing Group in your area: 

https://buynothingproject.org/find-a-group/

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

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

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

Website to read blog posts: pathefiway.com

Prefer to pin the posts that you found informative? Follow along on Pinterest: https://www.pinterest.com/pathefiway 

Having a great credit score can help you in several ways financially. In this episode, we will review what your credit score actually is, why it is important, and how you can boost your credit score if you need to. 

Read blog posts and sign up for email list: pathefiway.com

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

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

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

Prefer to pin the posts that you found informative? Follow along on Pinterest: https://www.pinterest.com/pathefiway 

Ah, the great debate: should you rent a place or purchase a home? As with many topics in personal finance, it depends. In this episode, some myths surrounding renting and buying are dispelled, and some pros and cons to both homeownership and renting are reviewed. 

Referenced article by J.L. Collins: https://jlcollinsnh.com/2013/05/29/why-your-house-is-a-terrible-investment/

Jordan Fisher, PA-C, joins me on the podcast as our very first guest! He's the author of PA Next Steps, which is a step-by-step guide for the new physician assistant for what to do after PA school. This book will provide you with all of the information and tools you need to start practicing, find a job you love, and excel in your personal, professional, and financial life. 

Purchase your copy of the eBook, PA Next Steps here: www.panextsteps.com

Use code pathefiway at checkout for 50% off your copy!

Follow Jordan and PA Next Steps along on Instagram: @panextsteps https://www.instagram.com/panextsteps/

Like and follow PA Next Steps Facebook Page: https://www.facebook.com/PAnextsteps

Check out the next book that Jordan Fisher, PA-C has co-authored: https://www.thepablueprint.com 

Read PA the FI Way blog posts: pathefiway.com

Prefer to pin the posts that you found informative? Follow along on Pinterest: https://www.pinterest.com/pathefiway 

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

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

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

Did you know that practicing as a PA actually costs you money? Let's review profession specific costs as well as general costs to working as a physician assistant. These costs can vary, and many can be negotiated to have your employer help out with some of the costs!

Website to read blog posts: pathefiway.com

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

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

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

Prefer to pin the posts that you found informative? Follow along on Pinterest: https://www.pinterest.com/pathefiway 

As a physician assistant, you are likely very familiar with common types of insurances such as medical insurance, home and auto insurance, and malpractice insurance. But did you know that you should be assessing your situation to determine whether or not you should also be getting disability insurance, life insurance, and even umbrella insurance? For some, these types of insurances that are discussed in this episode can be just as critical to have as the other types of common insurances. 

Website with blog posts: pathefiway.com

Follow along on Instagram: @pathefiway  

https://www.instagram.com/pathefiway/

Join the private Facebook group only for current and future PAs on their journey to financial independence:

https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along:

https://www.facebook.com/pathefiway

Prefer to pin the posts that you found informative? Follow along on Pinterest:

https://www.pinterest.com/pathefiway 

This is Part 2 in reviewing the basics of investing and retirement accounts for PAs, as well as the order of operations for starting to invest to build your wealth. This episode continues to review retirement accounts such as 401(k)s, 403(b)s, 457(b)s, etc., as well as Roth IRAs. Additionally, the tools called Roth Conversion Ladder and Backdoor Roth IRAs are reviewed, which can help you in your journey to financial independence as a physician assistant! 

Website with blog posts: pathefiway.com

Follow along on Instagram: @pathefiway  

https://www.instagram.com/pathefiway/

Join the private Facebook group only for current and future PAs on their journey to financial independence:

https://www.facebook.com/groups/pathefiway 

Like the Facebook page to follow along:

https://www.facebook.com/pathefiway

Prefer to pin the posts that you found informative? Follow along on Pinterest:

https://www.pinterest.com/pathefiway