In Episode 36, "Springing Forward: Securing Your Future and Blooming in Wellness," we usher in a pivotal moment for chief year residents on the brink of graduation, reminding them of the critical steps necessary to secure their future. As the first blossoms of spring herald new beginnings, this episode emphasizes the importance of solidifying financial foundations through securing disability insurance with resident discounts and crafting a robust financial roadmap for the transition from residency to fellowship or attending roles. Simultaneously, we draw a parallel between the rejuvenation of spring and the necessity of nurturing one's mental and physical well-being during this transformative period. With practical advice and heartfelt encouragement, this episode serves as a beacon for graduating residents, guiding them through the complexities of financial planning and self-care, ensuring they're fully equipped to flourish in the next chapter of their medical careers.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

In Episode 35, "Embracing Life’s EKG: Flexibility in Finance and Wellness," we explore the necessity of adopting a flexible and agile approach to both financial planning and personal wellness, drawing an analogy with the ups and downs depicted in an EKG. This episode underscores the inevitability of change in medicine and life, advocating for the importance of adjusting financial and wellness goals in response to life's unpredictable challenges. By acknowledging the dynamic nature of our aspirations and circumstances, the discussion offers insights into how medical residents can remain resilient and proactive in the face of change. The narrative encourages listeners to view financial adaptability and wellness agility not as compromises but as essential skills for navigating the complexities of life and career with confidence and grace.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

In Episode 34, "Strategic Goal Setting and Mindfulness: Crafting Your Future in Medicine and Life," we delve into the synergy of strategic goal setting complemented by mindfulness practices to create a fulfilling career and personal life for medical residents. The episode emphasizes the importance of setting specific, actionable goals within a manageable framework, such as the 12-week plan, and discusses how incorporating mindfulness can enhance focus, reduce stress, and improve decision-making. By focusing on micro-actions, the discussion illustrates how small, consistent steps can lead to significant achievements in both financial stability and personal wellness. This approach encourages medical residents to embrace mindfulness as a tool for achieving their strategic goals, fostering a balanced and successful journey in their professional and private lives.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

In Episode 33, "White Coat, Green Plans: Easing Anxiety in Finance and Wellness," we delve into the parallels between the anxiety experienced in medical settings, known as white coat syndrome, and the nervousness many feel when discussing their finances with a professional. Through personal anecdotes and a compassionate approach, the episode reassures medical residents that seeking financial guidance is a judgment-free zone aimed at empowerment, not criticism. Transitioning smoothly into wellness, we offer practical strategies for defusing anxiety in high-stress situations, whether related to financial discussions, medical responsibilities, or personal challenges. Techniques such as mindful breathing, progressive muscle relaxation, and positive visualization are explored as tools to manage stress and maintain focus. This episode is designed to equip medical residents with the understanding and skills to navigate both their financial and emotional well-being with confidence, emphasizing a supportive, empathetic approach to overcoming anxiety in all facets of their lives.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

In Episode 32, "Financial Self-Care: Balancing Your Budget with Your Well-Being," we delve into the concept of financial self-care, emphasizing its importance for medical residents. The episode begins with an exploration of aligning financial habits with personal values and goals, highlighting the need for sustainable budgeting and regular financial check-ins. A personal story is shared to illustrate the financial and emotional challenges during residency, offering empathy and understanding to listeners in similar situations. Strategies for reducing financial stress, such as establishing an emergency fund and effective debt management, are discussed, along with the significance of financial education. The episode concludes with encouragement to take proactive steps towards financial self-care, underscoring its role in overall well-being and future stability, and reinforcing the message with empathetic support for the unique challenges faced by medical professionals.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

"Redefining Investment: Beyond Money to Time, Energy, and Attention," we delve into a holistic approach to the concept of investment, tailored for medical residents. The episode begins with a reflective check-in on progress made in the initial phase of the 12-week year approach, encouraging listeners to assess their financial and wellness journeys without judgment. It then explores the expanded definition of investment, encompassing not just money but also time, energy, and attention. Through relevant examples and personal anecdotes, the episode illustrates how medical residents can balance these four key elements to enhance both their professional and personal lives. It emphasizes the importance of mindful allocation of resources in each category, recognizing that effective management of time, energy, and attention can lead to significant improvements in financial stability and overall well-being. The episode concludes by reinforcing the interconnectedness of these investments, urging residents to consider a more comprehensive approach to planning and goal-setting in their careers and personal lives.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

In Episode 30, "The White Bear Theory: Redirecting Your Focus for Financial and Wellness Success," we explore the concept of the 'White Bear Theory' and its application to both financial discipline and personal wellness. This episode offers insight into how constant focus on resisting temptations, like unplanned spending or unhealthy eating, can actually intensify those desires. By employing the technique of redirecting attention – substituting impulsive actions with simple, alternative behaviors – the episode provides practical strategies for breaking cycles of fixation. Using relatable examples and stories, the discussion resonates particularly with medical residents, emphasizing the effectiveness of this approach in managing finances and maintaining health. The episode encourages listeners to apply this 'Jedi mind trick' to avoid common pitfalls in spending and lifestyle habits, fostering a journey towards holistic well-being and financial stability.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

Maintaining Momentum: Staying on Track Financially and Physically," we delve into strategies for sustaining progress towards the financial and wellness goals set earlier in the year. The episode emphasizes the importance of regular review and adaptation of financial plans, especially for medical residents facing unpredictable expenses. It encourages continuous learning and flexibility in financial management, highlighting the value of staying informed through various educational resources. In terms of wellness, the episode focuses on the significance of consistency in health routines, be it physical exercise or mental health practices, and the importance of adjusting these plans to fit the demanding schedule of residency. The overall message is one of perseverance and adaptability, encouraging listeners to celebrate small victories and stay committed to their goals, despite the challenges they may encounter.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

In Episode 28, "Short-Term Goals for Long-Term Success," we delve into the practical and impactful strategy of setting 12-week goals, offering a fresh perspective on New Year's resolutions. This episode encourages listeners, particularly medical residents, to focus on immediate, achievable objectives over the next four months, emphasizing the importance of this timeframe for both financial preparation and personal growth. We discuss the urgency of organizing for the upcoming tax season, including gathering necessary documents like W-2 and 1099 forms, and highlight the critical transition period for chief residents approaching the end of their programs. The episode also extends this short-term goal-setting approach to personal wellness, advocating for manageable commitments to health and well-being. This approach aims to create a sense of immediacy and drive, promoting sustained motivation and success in both financial and health-related endeavors.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.

In Episode 27, titled "Building a Roadmap for Financial Stability and Wellness," we delve into the crucial phase of preparing for life transitions as the New Year begins. The episode focuses on guiding medical residents, especially those nearing graduation, through the financial planning needed for the upcoming 3-6 months. It addresses the importance of budgeting for upcoming expenses such as interviews, licensing, and potential relocation, and underscores the need for careful financial management in anticipation of increased income as residents transition to attending physicians. Additionally, the wellness segment of the episode highlights the personal journey of adopting healthier lifestyle choices, sharing experiences with Noom and the importance of integrating exercise into daily routines for long-term health benefits. The episode wraps up by emphasizing the significance of creating a comprehensive guide for both financial and health goals, highlighting their interconnected nature in the journey of medical professionals.

www.residentriches.com
@residentriches


This podcast is for informational purposes only and shouldn't be used for specific financial advice. Norman Wright is a registered representative of Cambridge Investment Research, Inc., a broker-dealer, member FINRA/SIPC. Advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Cambridge and SKC Financial Group are not affiliated.