Wealth Minded MD

Dr. Lisha Taylor

Hi! I'm Dr. Lisha Taylor — your money best friend. As a physician who spent years earning good money and still getting it wrong, I know firsthand that a high income doesn't automatically mean financial freedom. Each week I'm breaking down money topics, owning my mistakes, and picking the brains of physicians and high earners who are actually building wealth — getting real about how they earn, invest, spend, and give. I'll also show you how I travel the world without blowing my budget, because you work too hard not to enjoy your life. Wealth Minded MD is where financial education finally speaks your language. Grab your favorite drink — your financial glow-up starts now.

  1. 5 days ago

    Money Habits To Help You Build Wealth

    Many physicians earn high incomes, but far fewer build lasting wealth and financial peace. In this episode, Dr. Lisha Taylor and Dr. Naomi Lawrence-Reid break down essential money habits that help physicians transition from high income to true wealth. Learn why living below your means right out of residency pays off, how to properly read your paycheck and contract, and why understanding taxes is key to keeping more of what you earn. We also cover strategies for handling student loans, managing career expectations, avoiding burnout through flexible work options like locums, and releasing the financial shame that holds high earners back. Tune in now to discover how to take control of your time, income, and long-term financial freedom, and make the transition from looking rich to building real wealth   [00:02:30] Direct Primary Care (DPC) & Alternative Physician Practice Models[00:04:39] Locum Tenens Myths, Benefits & Flexible Physician Careers[00:10:14] Living Below Your Means After Residency & Avoiding Lifestyle Inflation[00:18:30] Understanding Physician Contracts, Paychecks & Payroll Deductions[00:27:20] Physician Tax Strategies, LLCs & When to Hire a Tax Strategist[00:36:38] Creating a Debt Payoff Plan & Overcoming Financial Shame 🎉 This episode is sponsored by:   PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email hello@bonafidefinance.com and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint. Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

    Money Habits To Help You Build Wealth
  2. 15 Jul

    Doctor Money Myths: The Truth About Income, Debt & Lifestyle Inflation

    Many people assume that doctors automatically become wealthy the moment they finish medical school, but the reality is often very different. In this episode, Dr. Lisha Taylor and Dr. Naomi Lawrence-Reid pull back the curtain on the financial realities of medicine, from six-figure student loan balances and low residency salaries to the challenges of negotiating contracts and navigating physician compensation. They discuss why many high-income professionals still feel financially stretched, how lifestyle inflation and a lack of financial education can impact long-term wealth, and why salary transparency and negotiation are essential skills for every physician. Tune in now to uncover the truth behind common doctor money myths, learn how to advocate for your value, negotiate with confidence, and take greater control of your financial future.   [00:03:30] The Myth That All Doctors Are Wealthy[00:08:28] Medical School Debt and the True Cost of Becoming a Physician[00:11:00] Residency Salaries and the Transition to Attending Life[00:16:00] Why High-Income Professionals Can Still Feel Broke[00:20:22] Physician Compensation, Salary Expectations, and Financial Reality[00:25:23] Salary Transparency and Why Doctors Need to Talk About Money[00:32:32] Advocating for Your Worth and Building Financial Confidence[00:35:10] Breaking the Shame Around Money and Taking Control of Your Financial Future 🎉 This episode is sponsored by:   PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email hello@bonafidefinance.com and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint. Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

    Doctor Money Myths: The Truth About Income, Debt & Lifestyle Inflation
  3. 8 Jul

    Student Loans in 2026: What You Should Actually Do Right Now

    Student loan repayment has changed dramatically in 2026, leaving many borrowers unsure of what to do next. You may have received notices about switching repayment plans, felt overwhelmed by the new options, or wondered how these updates could affect your financial future. In this episode, we break down what the end of the SAVE plan means, how PAYE, IBR, and the new Repayment Assistance Plan (RAP) compare, when you need to take action, and what these updates could mean for your Public Service Loan Forgiveness (PSLF) eligibility. We also cover practical strategies, important deadlines, and common mistakes to avoid so you can choose the repayment plan that's right for you. Tune in now to make a more informed decision about your student loans.   [00:06:45] The Biggest Student Loan Changes Happening in 2026[00:10:14] When You Need to Take Action and What Happens If You Don't[00:15:15] PAYE Explained and Who Should Consider It[00:20:40] Understanding Old IBR vs. New Income-Based Repayment[00:28:55] The New Repayment Assistance Plan (RAP): Benefits and Tradeoffs[00:35:20] Choosing the Right Repayment Plan Based on Your Income and Goals[00:39:05] PSLF Strategies, Buyback Updates, and Income Recertification Tips   🔗 Check out these resources: Need help navigating income-driven repayment, Public Service Loan Forgiveness, or deciding whether to refinance? Both of these companies offer consultations to help you determine what to do next. Tell them Dr. Taylor sent you to ensure you get any discounts available.  Contact: Student Loan Advice at studentloanadvice.com or Student Loan Planner at https://www.studentloanplanner.com/drlishataylor   Married and managing student loans? Magni Tax Experts help folks run the calculations to determine if they should file their taxes married filing separately vs jointly with their spouse when factoring in their student loan payments. Contact: Magni Tax Experts | https://www.magnitaxexperts.com/ | 701-595-0485 🎉 This episode is sponsored by:  PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email hello@bonafidefinance.com and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint. Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

    Student Loans in 2026: What You Should Actually Do Right Now
  4. 1 Jul

    Leaving Training or Starting a New Job? The To-Do List You Can't Afford to Skip

    The end of the academic year is more than just a career milestone, it's also the perfect time for a financial check-in. In this episode, Lisha shares a practical checklist for physicians and other high-income professionals who are changing jobs, completing training, or simply taking a mid-year financial reset. Learn how to organize important documents before losing access to work accounts, avoid missing out on valuable benefits, protect your income with the right insurance coverage, prepare for gaps between paychecks, navigate health insurance options during a transition, and set up your new employer benefits the right way from day one. Tune in now to make your next career move with greater confidence and fewer financial surprises.   [00:05:05] Why Career Transitions Need A Financial Check-In[00:09:03] Save Important Documents, Contacts, And Credentials Before You Leave[00:16:35] Don't Leave Money On The Table: PSLF, Bonuses, And Relocation Benefits[00:22:23] Protect Your Income With Disability, Life, And Health Insurance[00:30:56] Preparing For Cash Flow Gaps Between Jobs[00:33:22] Setting Up Your New Benefits, Retirement Accounts, And Payroll[00:38:36] Understanding Your First Paycheck And Tax Withholding   🎧 Want to learn whether a 457(b) fits into your financial strategy? Dive deeper in our episode, Should You Use Your Job's 457(b) Account?   🎉 This episode is sponsored by:   PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email hello@bonafidefinance.com and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint. Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

    Leaving Training or Starting a New Job? The To-Do List You Can't Afford to Skip
  5. 24 Jun

    Transitions, Growth & Making Space for What’s Next

    Big changes are happening at Wealth Minded M as we step into a new season of growth, business expansion, and intentional change. In this episode, we share an honest conversation about Brittne’s decision to step back from the podcast for a season as she navigates motherhood, medicine, and multiple business ventures, including a newly acquired laundromat. Together, we reflect on what it means to build wealth beyond clinical work, from buying “boring businesses” and creating cash flow systems to understanding bonus depreciation and how active participation can shape tax strategy.We also get real about automation, delegation, and using tools like AI to create more capacity in our lives while also exploring purpose, community impact, and the balance between profit and meaning. Tune in now for a transparent look at change, mindset shifts, and what it takes to grow without losing alignment. [00:00:00] A New Season at Wealth Minded MD: Transitions, Growth, and Change[00:02:30] Big Announcement: Stepping Back and Reprioritizing Life[00:12:30] Profit vs Passion: How We Decide What’s Worth Pursuing[00:15:30] Generational Wealth, Family Businesses, and Designing Long-Term Assets[00:17:00] Automation, Delegation, and Why Letting Go Creates Growth[00:24:30] What’s Next for the Podcast? 🎉 This episode is sponsored by:   PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email hello@bonafidefinance.com and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint. Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

    Transitions, Growth & Making Space for What’s Next
  6. 17 Jun

    How I Booked a Luxury Las Vegas Trip Using Credit Card Perks

    Luxury travel doesn't always require months of planning, complicated points strategies, or international destinations. In this episode, Lisha shares how she planned a spontaneous Memorial Day trip to Las Vegas using credit card perks and travel benefits she already had. Learn how domestic getaways can still feel luxurious, how to maximize hotel and airline credits, and why sometimes the best vacations are the ones you book on a whim. She also shares her experience staying at the Waldorf Astoria Las Vegas, using an airline companion pass, and exploring the city without an overly packed itinerary. Tune in now to discover how you can create memorable travel experiences without spending a fortune or overcomplicating the planning process.   [00:03:47] Why Last-Minute Domestic Trips Can Be Worth It[00:09:31] Using Hotel Credits For A Luxury Vegas Stay[00:17:23] Booking Domestic Flights With A Delta Companion Pass[00:21:20] Free Flight Upgrades And Other Airline Benefits[00:23:29] Creating The Perfect Las Vegas Getaway[00:27:24] Why Travel Doesn't Have To Be Complicated Or Expensive   🎉 This episode is sponsored by:   PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email hello@bonafidefinance.com and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint. Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

    How I Booked a Luxury Las Vegas Trip Using Credit Card Perks
  7. 10 Jun

    What Every Physician Needs to Know About Disability & Life Insurance

    Disability insurance and life insurance are two of the most important financial protections physicians can have, yet many doctors are unsure whether they have the right coverage. In this episode, Dr. Lisha shares a conversation with her colleague in the insurance and financial planning space, Pradeep Audho of PKA Insurance Group, where they break down some of the key insurance decisions physicians face during career transitions. The discussion covers when life insurance is and isn’t needed, why term life is typically sufficient and far less expensive than whole life, and common ways physicians are sold costly permanent policies. They also explain why disability insurance can be even more important early in a physician’s career, essential policy features to look for, common mistakes such as delaying a purchase, and options including guaranteed standard issue (GSI) and a newer fallback coverage path. Tune in now to learn how to evaluate your coverage and make more informed insurance decisions.   [00:05:21] Wealthy Insights with Pradeep Audho: Why Insurance Matters for Physicians[00:09:43] Do Physicians Really Need Life Insurance[00:14:07] Term Life vs Whole Life Insurance for Physicians[00:20:46] Why Disability Insurance Comes First[00:23:50] Own-Occupation Disability Insurance and Key Policy Riders[00:32:10] Common Mistakes People Make When Buying Insurance[00:36:07] GSI Policies and Fallback Disability Insurance Options 🎉 This episode is sponsored by:   PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email hello@bonafidefinance.com and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.  Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

  8. 3 Jun

    Women Physicians, Money & Negotiation: Building Wealth With Confidence

    The path to financial wellbeing isn’t one-size-fits-all, especially for physicians. In this episode, we share a conversation with anesthesiologist and financial advisor Dr. Justin Harvey about the financial challenges many physicians, especially women physicians, face despite our high incomes and advanced degrees. We discuss gaps in financial education, how to vet financial advisors, and the value of having a baseline understanding even when outsourcing. We also cover negotiation strategies, investing, and how to make the most of your benefits package, along with everything from student loans to long-term wealth building, and why money often comes with pressure, guilt, or uncertainty. Tune in for a practical conversation on building confidence, making informed financial decisions, and creating a healthier relationship with money. [00:04:34] Wealthy Insights with Dr. Justin Harvey[00:09:52] DIY Investing vs Financial Advisors[00:14:29] How to Vet a Financial Advisor[00:17:40] Negotiation Matters and the Gender Gap in Negotiation[00:28:22] Negotiation Strategies, Tools, and Mindset[00:35:19] Egg Freezing Benefits Strategy and Employer Coverage   🎉 This episode is sponsored by:   PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.   Bona Fide Finance – Trusted financial advisors offering flat-fee, comprehensive planning to help you build wealth and financial security. Book a consultation at bonafidefinance.com/wealthmindedmd or email hello@bonafidefinance.com and tell them we sent you. Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query. Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint. Claim your debt freedom with our boot camp! Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.   Wishing you a fantastic week ahead and happy wealth building!

    Women Physicians, Money & Negotiation: Building Wealth With Confidence

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About

Hi! I'm Dr. Lisha Taylor — your money best friend. As a physician who spent years earning good money and still getting it wrong, I know firsthand that a high income doesn't automatically mean financial freedom. Each week I'm breaking down money topics, owning my mistakes, and picking the brains of physicians and high earners who are actually building wealth — getting real about how they earn, invest, spend, and give. I'll also show you how I travel the world without blowing my budget, because you work too hard not to enjoy your life. Wealth Minded MD is where financial education finally speaks your language. Grab your favorite drink — your financial glow-up starts now.

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