The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education Dave Denniston

My friends, in this show, I try and dig deep to find interesting people. Our guest today is not a doctor, but she is married to one. She is married to a surgeon and she is on a mission to help other physicians. Help them to understand their path and what it is like to be married to a physician.
 

She and her husband got married before he started his medical path. For 16 years they have struggled, triumphed through the MCAT, through medical school, through residency and fellowships including a specialty change. They have 4 kids and she knows that being married to a physician is not an easy journey. I know she is going to bring to us some wisdom and talk to us through their journey.
Please help me welcome, Lara McElderry! Welcome, Lara!
In this podcast you will:
Learn the lessons that Lara would share with the physicians on how they could support their spouse and nurture their marriage.
Discover the curveball that they dealt with that could have ended her husband's medical career.
Learn how they survived having 3 kids while her husband was in medical school and residency and Lara was a stay-at-home mom.
Find out the 3 subjects she aims to focus on within her podcast: Married to Doctors.
Take in the biggest financial mistake that they made that Lara would not want you to do or have to go through.
For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/
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Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

Our next guest is a board-certified anesthesiologist working both in academic/private hospitals in Los Angeles. She is an entrepreneur, an author and a mother of two, and a wife. Where does she find the time?

In an attempt to raise money for her start-up, she accepted the challenge and opportunity to compete as a castaway on the hit reality TV show Survivor. She was on the hit TV show during season 5 of Shark Tank.
Edna has written three children’s books that celebrate cultural and racial diversity.
Outside of the operating room, Edna attempts to balance work, life, and being a mother/wife. I bet she has some tips we all could use for work-life balance.
Please help me welcome Dr. Edna Ma!
In this podcast you will:
Discover how Edna balances her medical career, family, and entrepreneurship ventures.
Explore the pros and cons that came from her experience on Shark Tank, Did she get a deal???
Receive tips and tricks to help you get on Shark Tank, the process may be a lot different than you may think it would be.
Learn what new side hustle she is involved in (HINT: It's something that I have focused some podcasts on and I'm diving into myself!) 
For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/
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Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

When you think about money, your spending habits, and your instincts do you analyze the mental and emotional side to finance? Most people do not realize that there is a correlation between spending and human emotion. 
Emotions play a powerful role in shaping our financial behavior, often making us our own worst enemies as we try to save, access value, and spend responsibly. 

I have read the book: Dollars and Sense by Dan Ariely and Jeff Kreisler. I am going to give you a short synopsis of the book and my thoughts on the mental side of spending and saving your money.
In this podcast you will:
Learn the mental side of finance aka behavioral finance and how your spending habits may or may not change based on your mood.
Discover if getting something for free is too good to be true (HINT: You may be surprised by the very common result of a free promotion). 
Acquire ways that people avoid pain when it comes to money and spending. A lot of these tips are very easy to put into your routine.
Gain practical tools needed to understand and improve your financial choices, save and spend smarter. 
For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/
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Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

Hello, my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast.  The podcast is dedicated to helping doctors like you slash your debt, slash your taxes and live a liberated lifestyle.  As you know, there has been a lot of focus on tax reform.  This will be my final one for the current future, and today's focus will be small businesses-S-CORPs, sole proprietorships, etc.

In this podcast you will:
Discover how the new tax reform will impact small businesses
Learn the difference between a corp and a sole proprietorship
Discover how taxes differ between FICAs-Social Security and Medicare
Get lots of questions answered from our episode with Craig Cody in February 2018
Learn the difference between "above the line" and "below the line" tax deductions
Uncover the still looming question, "Does the taxable income have to do with all of your income, or is it just based on your business income?"
Resources mentioned in this podcast:
How Pass-Through Income Will Be Taxed In 2018 For Small Business Owners
Tax Reform! How Physicians and the Self-Employed are Affected
Individual Tax Planning Under The Tax Cuts And Jobs Act Of 2017
Trump Tax Reform Calculator
A Tax Professional’s Take on Trump’s Tax Plan
If you are confused about this tax stuff and you want the latest copy of the Tax Reduction Prescription and that calculator I was talking about in January, there's no better time to grab that than right now! Text LESS TAXES to 44222.
If you have questions or want to share your story, I'd love to hear from you. Contact me at dave@doctorfreedompodcast.com or on my websitewww.doctorfreedompodcast.com.
Remember, make sure to slash your debt, slash your taxes, and live a liberated lifestyle.
 
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Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

Hello, my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast.  Joining us for this episode is a three-time guest.  He is an author, mortgage lender, specializing in physicians, dentists, CRNAs, and PAs, and you'll hear him on his own podcast, Physician Financial Success Podcast.  Please help me welcome Josh Mettle. 
In the past, we've discussed buying homes and rental real estate.  This is a great time of the year to discuss these topics if you're transitioning to practice, buying your first home.  Or maybe you've been an attending for the last year or two and now you're considering buying your first home.  This episode is just for you. 

 
In this podcast episode you will:
Hear about the two colliding forces that will cause mortgage interest rates to go up from here on out, and how to prepare yourself for it
Learn why mortgage rates are starting to move up, yields are moving higher, how that is affecting the season of buying bonds and how that will make an impact on home purchases
Discover how new home sales, existing homes, and permits might be affecting demand and supply
Get great advice on how to look at purchasing and owning your home with the "big picture in mind" vs. your home-owning you
Learn why living like a resident financially after transitioning to practice for the first couple of years and paying off your student loans quickly will help you be better financially secure for the future
Resources mentioned in this episode:
Josh Mettle- Real Estate Smashing Failures & Glorious Successes
The Tax Reduction Prescription with Josh Mettle
Josh Mettle- The Pitfalls of Physician Mortgages
www.doctorfreedompodcast.com/homevalue
Physician Financial Success Podcast

 
 
If you have questions or want to share your story, I'd love to hear from you. Contact me at dave@doctorfreedompodcast.com or on my websitewww.doctorfreedompodcast.com.
If you are confused about this tax stuff and you want the latest copy of the Tax Reduction Prescription and that calculator I was talking about in January, there's no better time to grab that than right now! Text LESSTAXES to 44222.
Remember, make sure to slash your debt, slash your taxes, and live a liberated lifestyle.
 
----more--------more----
Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.

Welcome back my friends to the latest episode of Freedom Formula for Physicians' Podcast.  I'm honored to have a guest on here with us today that has tons of experience in podcasting. With over 6 million downloads of his podcast and an accomplished career in the financial world, he is now enjoying life, traveling the world, and helping people with financial issues and questions. Please help me welcome David Stein of Money for Rest of Us.  

In this podcast episode you will:  
Be motivated to not just settle with getting by
Learn how to think "forward" as our economy is always changing
Hear David's story of starting with nothing and moving to prosperity based on moving his thoughts to actions and taking necessary risks
Discover David's formula for how his podcast is growing-it involves investing in his listeners and giving away resources for FREE
Learn what some of the biggest financial pitfalls can be
Be motivated to develop a lifestyle business after retiring, especially if you retire early 
Resources mentioned in this episode:
Money For The Rest of Us Podcast 

If you have questions or want to share your story, I'd love to hear from you. Contact me at dave@doctorfreedompodcast.com or on my websitewww.doctorfreedompodcast.com.
If you are confused about this tax stuff and you want the latest copy of the Tax Reduction Prescription and that calculator I was talking about in January, there's no better time to grab that than right now! Text LESSTAXES to 44222.
Remember, make sure to slash your debt, slash your taxes, and live a liberated lifestyle.
 
----more--------more----
Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a solicitation to provide advisory services in any jurisdiction in which we are not appropriately registered or excluded from registration.
The information, statements, and opinions contained in this podcast have been obtained from or are based upon information obtained from sources which we believe to be reliable, but we do not warrant or guarantee the timeliness or accuracy of any such information. This podcast is intended for informational purposes only and should not be construed as personalized investment, tax, or legal advice. Opinions expressed by any guest are their own opinions and do not necessarily reflect the firm’s views. You should carefully consider your unique financial circumstances and needs prior to making any investment in securities or purchasing any insurance products. Past performance is not indicative of future results. Investing in securities involves the risk of loss.
Insurance products are backed by the financial strength and claims-paying ability of the issuing insurance company and may be subject to restrictions, limitations, and early withdrawal fees which vary by issuer. You should consider the charges, risks, expenses, and investment objectives of any insurance products before entering a contract.