Scripted Wealth | Money & Meaning for Pharmacists

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Sean: What do you think about purchasing I-Bonds now that rates have dropped?

Mentioned on the Show:

• YFP Planning: Financial Planning for Pharmacists
• Schedule a free Discovery Call with YFP Planning
• TreasuryDirect: I Bonds
• YFP 239: Two Financial I's You May be Overlooking
• Send in your questions here or to [email protected]
• Your Financial Pharmacist Disclaimer and Disclosures

Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Nate Hedrick, PharmD, and David Bright, PharmD, MBA, BCACP, FAPhA, FCCP, break down key components and mechanics of housing assistance voucher programs and outline general requirements for real estate investor participation.

Links Mentioned in Today's Episode

• US Department of Housing and Urban Development: Housing Choice Vouchers Fact Sheet
• Zillow
• Apartments.com
• STESSA
• YFP Real Estate Investing 28: Property Management Fundamentals: Criteria and Pets
• YFP Real Estate Investing
• Join the YFP Real Estate Investing Facebook Group
• Your Financial Pharmacist Disclaimer and Disclosures

Tony Umholtz, a mortgage manager for First Horizon, talks through the current state of the home buying market and interest rates, how to navigate the options available to purchase a home, considerations for all types of buyers, and unique lending considerations.

Links Mentioned in Today's Episode

• Learn More About First Horizon's Pharmacist Home Loan and Start the Pre-Approval Process
• YFP Planning: Financial Planning for Pharmacists
• Schedule a free Discovery Call with YFP Planning
• YFP 130: House Hacking Your Way to Financial Freedom
• 5 Steps to Getting a Home Loan
• YFP 271: Financing a Home Purchase FAQ
• Your Financial Pharmacist Disclaimer and Disclosures

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Paul: Can I use HSA money when living outside the US?

Mentioned on the Show:

• YFP Planning: Financial Planning for Pharmacists
• Schedule a free Discovery Call with YFP Planning
• YFP 165: The Power of a Health Savings Account
• Why I'm Not Using My Health Savings Account to Pay for Medical Expenses
• YFP Tax
• Send in your questions here or to [email protected]
• Your Financial Pharmacist Disclaimer and Disclosures

Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Steven Nguyen, a pharmacy director and real estate investor, explains how he scaled from one single-family home to 90 units in five years while continuing to work full-time in his pharmacy career.

Links Mentioned in Today's Episode

• BiggerPockets
• BiggerPockets Podcasts
• Connect with Steven Nguyen on Youtube
• Follow Steven Nguyen on Instagram: @makingmultifamilymoney
• Follow Steven Nguyen on TikTok: @makingmultifamilymoney
• YFP Real Estate Investing
• Join the YFP Real Estate Investing Facebook Group
• Your Financial Pharmacist Disclaimer and Disclosures

Dr. Jimmy Pruitt, an emergency medicine clinical specialist and entrepreneur, discusses what led him to start the Pharmacy and Acute Care University, how he monetized his clinical expertise through developing masterclasses, workshops, reference libraries, community forums, and webinars about the effective use of medications in the management of critically ill patients, how he has balanced the start and growth of his business while working full-time, and the role his business has played in helping him achieve his financial goals.

Links Mentioned in Today's Episode

• YFP Planning: Financial Planning for Pharmacists
• Schedule a free Discovery Call with YFP Planning
• Pharm So Hard Podcast
• Pharmacy & Acute Care University
• KelleyCPharmD
• Who Not How: The Formula to Achieve Bigger Goals Through Accelerating Teamwork by Dan Sullivan
• Membership Geeks Podcast
• YFP 265: 10 Lessons Learned: Employee to Entrepreneur
• The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It by Michael Gerber
• Procrastinate on Purpose: 5 Permissions to Multiply Your Time by Rory Vaden
• Follow Jimmy Pruitt on Twitter: @pharmd_intheed
• Your Financial Pharmacist Disclaimer and Disclosures

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from Tabita: What investing vehicles (outside of real estate) should I consider if planning for an early retirement?

Mentioned on the Show:

• YFP Planning: Financial Planning for Pharmacists
• Schedule a free Discovery Call with YFP Planning
• FIRE Rx: The Pharmacist's Guide to Financial Independence by Jeff Keimer
• The FIRE Prescription: How to Retire Early as a Pharmacist
• Send in your questions here or to [email protected]
• Your Financial Pharmacist Disclaimer and Disclosures

Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Dr. Corrie Sanders, founder and CEO of Hawaii's only pharmacogenomic consulting company, Huna Health and President of the Hawai'i Pharmacists Association, discusses mindset, investing, and how she manages her pharmacy career and real estate investing in one of the most expensive markets in the country.

Links Mentioned in Today's Episode

• BiggerPockets
• I Will Teach You to be Rich by Ramit Sethi
• Connect with Corrie Sanders on LinkedIn
• Huna Health
• YFP Real Estate Investing
• Join the YFP Real Estate Investing Facebook Group
• Your Financial Pharmacist Disclaimer and Disclosures

YFP Director of Tax, Sean Richards, CPA, EA, talks about optimizing your tax situation as a pharmacist. He discusses tax basics that every pharmacist should know, the critical distinction between tax planning and tax preparation, and how to prepare for the year-end to put yourself in the position to have a headache-free tax season.

Links Mentioned in Today's Episode

• YFP Tax
• Join the Waitlist for the 2022 Tax Filing Season
• YFP 165: The Power of a Health Savings Account
• Why I'm Not Using my Health Savings Account to Pay for Medical Expenses
• Inflation Reduction Act of 2022
• Email Sean Richards: [email protected]
• Your Financial Pharmacist Disclaimer and Disclosures

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, RLP® takes this question from a recent presentation: What's the best way to begin with investing in real estate?

Mentioned on the Show:

• YFP Planning: Financial Planning for Pharmacists
• Schedule a free Discovery Call with YFP Planning
• YFP Real Estate Investing Podcast
• Send in your questions here or to [email protected]
• Your Financial Pharmacist Disclaimer and Disclosures

Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.