The Financial Beast Podcast for Practice Owners

The Smart Money Move Most Doctors Miss: Debt AND Investing. with Hosts, Eric Miller & Eric Gersch


Listen Later

Are you torn between paying off debt and investing for your future?

The Truth About Debt vs Investing: You Need BOTH to Win! Discover how to take back CONTROL of your finances and build personal wealth.

Eric Miller and Eric Gersch reveal the secrets to balancing debt repayment and investment strategies for healthcare professionals.

You're not alone.

In this eye-opening discussion, we tackle the age-old question of whether to focus on debt or investments.

Spoiler alert: it's not an either-or situation!

Learn how to:

• Prioritize different types of debt (credit cards, student loans, mortgages)
• Maximize the value of your money through strategic investing
• Create a balanced approach that addresses both debt and wealth-building
• Overcome the psychological burden of debt while growing your assets

We break down the myths surrounding debt repayment and investment strategies, providing you with actionable insights to become a Financial Beast.

Discover why focusing solely on debt or investments might be holding you back from achieving true financial freedom.

This episode is packed with practical advice for healthcare practice owners looking to expand their business while managing personal finances.

We explore the unique challenges you face and offer tailored solutions to help you thrive in any economic climate, including during a recession.

Don't miss out on this crucial information that could transform your financial future.

Ready to take your finances to the next level?

Start your journey to financial independence today!

Visit EconologicsFinancialAdvisors.com to schedule an intro call and download valuable resources.

Join the community of healthcare professionals who are mastering their finances and building lasting wealth.

Econologics Financial Advisors, LLC is a SEC Registered Investment Advisor.

Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.

#frugalliving #financialeducation #debttransparency #debtfree #dividendinvesting #financialeducation #debtmanagementplan #financialempowerment #masteringdebt #financialfreedom

CHAPTERS:

00:00 - Intro
01:17 - Debt Repayment vs Investment Strategies
03:18 - Understanding Financial Premise
05:43 - Balancing Debt and Wealth Building
08:26 - Evaluating the Cost of Debt
09:02 - Types of Debt Healthcare Professionals Face
14:44 - Strategic Debt Repayment and Investment
22:12 - Avoiding Unnecessary Debt
23:20 - Myths of Quick Wealth Accumulation
23:30 - Risks of Get Rich Quick Schemes

_________________________________________________________________________________

If you would like a free consultation, please visit econologics.com or call us at 727-588-1540

Get Social With Us!

LinkedIn: https://www.linkedin.com/company/econologics 
Facebook: https://www.facebook.com/econologicsfinancial
YouTube: https://www.youtube.com/@FinancialBeast
Twitter: https://twitter.com/FinancialBeasts 
Instagram: https://www.instagram.com/financialbeastmode/
Website: https://econologicsfinancialadvisors.com/

Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

...more
View all episodesView all episodes
Download on the App Store

The Financial Beast Podcast for Practice OwnersBy Econologics Financial Advisors

  • 5
  • 5
  • 5
  • 5
  • 5

5

4 ratings


More shows like The Financial Beast Podcast for Practice Owners

View all
Planet Money by NPR

Planet Money

30,845 Listeners

Grow Your Practice Podcast by Grow Your Practice Podcast

Grow Your Practice Podcast

62 Listeners

Up First from NPR by NPR

Up First from NPR

56,231 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

1,998 Listeners

The Dr. Hyman Show by Dr. Mark Hyman

The Dr. Hyman Show

9,367 Listeners

Private Practice Owners Club by Nathan Shields

Private Practice Owners Club

57 Listeners

Kitces and Carl - Real Talk for Real Financial Advisors by Michael Kitces, MSFS, MTAX, CFP and Carl Richards, CFP

Kitces and Carl - Real Talk for Real Financial Advisors

241 Listeners

Ask The Compound by The Compound

Ask The Compound

307 Listeners

The Practice Marketing Podcast by Neil Trickett, PT

The Practice Marketing Podcast

7 Listeners

The Weekly Show with Jon Stewart by Comedy Central

The Weekly Show with Jon Stewart

10,613 Listeners

Whats Best For The Patient Is Best For Business by Jerry Durham

Whats Best For The Patient Is Best For Business

7 Listeners

The Efficient Advisor: Tactical Business Advice for Financial Planners by Libby Greiwe

The Efficient Advisor: Tactical Business Advice for Financial Planners

123 Listeners

Smart Money Happy Hour with Rachel Cruze and George Kamel by Ramsey Network

Smart Money Happy Hour with Rachel Cruze and George Kamel

3,140 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

20,604 Listeners

Will Power Podcast by Will Humphreys by Will Humphreys

Will Power Podcast by Will Humphreys

10 Listeners