Docs In Finance

Docs.in.Finance

Welcome to Doctors in Finance, a podcast dedicated to helping international medical and dental graduates take control of their money from day one. Hosted by Upasana and Ranjan, we share the financial lessons we learned the hard way, so you don’t have to.😊 Our goal is to make finance jargon easy to understand, practical, and relatable, so you can build a secure financial future while pursuing your career!

Episoder

  1. 18.11.2025

    Episode 11: Avoiding the Bank Pre-Approval Trap

    Summary In this episode, we discuss the pitfalls of bank pre-approval for mortgages, emphasizing that just because a bank approves a loan amount, it doesn't mean the borrower can afford it. We explore the do's and don'ts of using doctor mortgages, and share personal experiences regarding their own mortgage decisions. We hope you guys can make informed financial choices to avoid becoming 'house poor' and to prioritize long-term financial goals. Keywords bank pre-approval, mortgage affordability, doctor mortgages, financial advice, wealth building, home buying, financial independence, budgeting, financial planning, house poor, docs in finance, doctors in finance Chapters 00:00 Understanding Bank Pre-Approval and Affordability 02:21 The Two Times Income Rule for Mortgages 04:15 Pros and Cons of Doctor Mortgages 05:55 Personal Experiences with Home Buying

    6 min.

  2. 11.11.2025

    Episode 10: Mindset matters, why renting is not wasted money!

    In this episode, we discuss the pros and cons of renting versus buying a house as a trainee. Although peer pressure may make you believe that you are wasting money by renting, we argue that this is not the case. We explore the hidden costs of home ownership, the pros and cons of renting, and reflect on our own experiences with renting during our training. Chapters 00:00 Understanding Rent vs. Home Ownership 02:31 The True Costs of Home Ownership 05:22 Pros and Cons of Renting 06:14 Reflections on Renting vs. Buying Keywords rent, home ownership, financial advice, equity, mortgage, property taxes, flexibility, housing costs, financial planning, international medical graduates, Docs in Finance, DOFI, Doctors in Finance

    6 min.

  3. 03.11.2025

    Episode 9: To buy or not to buy: real estate mistake to avoid as a trainee

    Thinking of buying a house on a resident's salary? It’s a huge step, but the path is full of traps most first-time buyers don't see. In this episode, we share our personal story of navigating the process and reveal the costly mistake we narrowly avoided. Learn how to protect your finances and make a smart investment for your future. Keywords: House buying, renting, realtors, closing costs, finance, docs in finance, DOFI, International medical graduates, financial literacy, IMGs, IDGs

    8 min.

  4. 26.10.2025

    Episode 8: How a practice avoided paying bonus to Dr Ivanova!

    In this episode of the Docs in Finance podcast, we discuss the pitfalls of not getting your RVUs and bonuses structure in writing. If it is not in writing, it does not exist! Learn from Dr Ivanova's mistakes... Keywords: contract negotiations, bonus, RVUs, collections, productions, compensation, doctors in finance, docs in finance, DOFI, International medical graduates, financial literacy, IMGs, IDGs

    5 min.

  5. 19.10.2025

    Episode 7: Negotiating beyond salary

    In this episode of the Docs in Finance podcast, we discuss the "add-ons" you should try to negotiate when taking a job. Don't ignore things such as CME funds, admin time, clinic support, etc., that you should get in writing on your contract. Listen for more. Keywords: contract negotiations, CME funds, vacation, BATNA, compensation, doctors in finance, docs in finance, DOFI, International medical graduates, financial literacy, IMGs, IDGs

    5 min.

  6. 12.10.2025

    Episode 6: Red Flags in Contract Negotiations

    In this episode of the Doctors in Finance podcast, we discuss the mistakes you should avoid during contract negotiations. We explore issues around contract review, non-competes, and unclear compensation structures, among others. We will explore these in more detail in future episodes. Keywordscontract negotiations, non-compete clause, compensation, doctors in finance, DOFI, International medical graduates, financial literacy, IMGs, IDGs

    5 min.

  7. 05.10.2025

    Episode 5: How to choose a financial advisor?

    In this episode of the Doctors in Finance podcast, Ranjan and Upasana discuss the financial pitfalls that new medical and dental graduates often face, particularly when it comes to choosing financial advisors. They explore the different compensation structures of financial advisors, the importance of selecting fee-only advisors, and how to identify salespeople disguised as advisors. Through a case study of a new dental resident, they highlight the risks of accepting free financial advice and the potential scams that can arise from commission-based advisors. Chapters 00:00 Introduction to Financial Lessons for Doctors 00:29 Understanding Financial Advisors and Their Compensation 02:44 Choosing the Right Financial Advisor 04:12 Identifying Salespeople Disguised as Advisors Keywords financial advice, doctors in finance, financial advisors, investment strategies, commission-based advisors, fee-only advisors, financial scams, retirement planning, medical graduates, financial literacy

    6 min.

  8. 28.09.2025

    Episode 4: The Cost of Luxury: Dr. Chen's Car Dilemma

    In this episode of the Doctors in Finance podcast, Ranjan and Upasana discuss the financial pitfalls faced by medical residents, using the case of Dr. Chen, who makes a costly decision to finance a luxury car. The conversation offers practical advice on how to avoid peer pressure and the benefits of paying cash for car purchases to build a stronger financial future. Chapters 00:00 Introduction to Financial Lessons for Medical Graduates 02:43 Smart Car Buying Strategies for Residents 05:58 Avoiding Financial Pitfalls in Car Purchases Keywords financial lessons, international medical graduates, car buying, auto loans, budgeting, financial planning, residency, wealth building, financial mistakes, personal finance

    7 min.

  9. 21.09.2025

    Episode 3: Pregnancy and Disability Insurance

    In this episode of the Doctors in Finance podcast, Ranjan and Upasana discuss the critical importance of obtaining disability insurance before pregnancy. They explore the risks associated with delaying insurance coverage and provide practical advice on navigating the complexities of disability insurance policies. The conversation emphasizes the need for early action and awareness of maternity leave provisions in relation to disability insurance. Chapters 00:00 Introduction to Financial Lessons for Medical Graduates 00:29 The Importance of Disability Insurance Before Pregnancy 03:09 Do's and Don'ts of Disability Insurance for Female Physicians 04:24 Understanding Disability Insurance and Maternity Leave Keywords disability insurance, financial lessons, medical graduates, pregnancy, insurance policy, financial future, female physicians, maternity leave, unisex policies, residency

    6 min.

  10. 14.09.2025

    Episode 2: Disability Insurance Riders

    In this episode of the Doctors in Finance podcast, we discuss the importance of understanding disability insurance Riders. We emphasize the significance of riders in disability insurance, particularly the future purchase option, partial disability, and cost-of-living adjustment. We also provide practical advice on managing insurance needs as one’s career progresses, highlighting common mistakes and essential strategies for financial planning.

    7 min.

  11. 14.09.2025

    Episode 1: Pilot

    In our launch episode, we dive into the essentials of purchasing disability insurance through a real-life case study. We break down the common pitfalls and practical steps to help you make informed decisions. Join us as we kick off the journey to building financial confidence for international medical and dental graduates.

    7 min.
  • 11 episoder

Om

Welcome to Doctors in Finance, a podcast dedicated to helping international medical and dental graduates take control of their money from day one. Hosted by Upasana and Ranjan, we share the financial lessons we learned the hard way, so you don’t have to.😊 Our goal is to make finance jargon easy to understand, practical, and relatable, so you can build a secure financial future while pursuing your career!

Oplysninger

  • Skaber
    Docs.in.Finance
  • Aktive år
    2 t
  • Episoder
    11
  • Vurdering
    Ikke anstødeligt
  • Copyright
    © Docs.in.Finance
  • Websted for serie
    Docs In Finance