Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, Mone

Dr. Disha Spath, MD, FACP
Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, Mone

Financial Freedom and Peace of Mind. For all of us. A podcast by The Frugal Physician for healthcare professionals looking to get their financial house in order and design their ideal lives.

  1. -5 J

    Ep86: How Direct Primary Care is Breaking Barriers in Healthcare with Dr. Josh Umbehr - Part 1

    In this episode of the Finding Financial Freedom podcast, we sit down with Dr. Josh Umbehr, founder of  Atlas MD and a pioneer in the field of direct primary care (DPC) , often referred to as "concierge medicine." With over 1,700 doctors nationwide on their platform, Atlas MD is revolutionizing the way healthcare is delivered, focusing on transparency, affordability, and rebuilding trust in the doctor-patient relationship.   Dr. Umbehr shares his journey into medicine and the inspiration behind starting Atlas MD, offering valuable insights into how DPC differs from traditional primary care. He also dives into the importance of putting patients first and how this innovative model prioritizes the doctor-patient connection while reducing administrative burdens.   This episode is packed with insights to help you understand this growing movement in healthcare. Stay tuned for part two! Key Topics Covered: 1. The Journey to Atlas MD Learn about Dr. Josh Umbehr's career path, what inspired him to innovate in the medical field, and how Atlas MD became a platform to support DPC practitioners nationwide.   2. What is Direct Primary Care (DPC)? Discover how DPC differs from traditional primary care.   Understand why it’s often called the “Costco” of healthcare, with its focus on subscription-based, transparent, and affordable pricing.   3. Why Traditional Healthcare Models Are Losing Trust  Explore the reasons behind the loss of trust in traditional healthcare systems.  Learn how DPC fosters trust through fair, transparent pricing and personalized care.   4. A Revolutionary Approach to Billing Dive into the simplified billing process used in DPC, which allows doctors to spend more time with patients and less time navigating insurance red tape.   5. The Rise of the Doctor-Patient Relationship Understand why meaningful doctor-patient relationships are at the core of DPC and how this model enhances communication, trust, and outcomes.     Resources Mentioned: Atlas MD Website Listener Takeaways: Gain a clear understanding of how DPC works and why it’s a game-changer for healthcare.   Learn actionable steps to rebuild trust with patients through transparency and personalized care.   Understand how doctors can reduce administrative burdens and prioritize patient care.   Explore the potential of DPC to reshape the future of healthcare.     Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Josh Umbehr: Founder of Atlas MD and advocate for direct primary care.  Follow him on LinkedIn Thank you for tuning in! Be sure to share this episode with anyone navigating student loan repayment.   This episode is also sponsored by FacetWealth Discover how Facet is transforming financial planning for physicians with personalized, flat-fee financial planning—visit facet.com/frugalphysician to start building your financial future today.

    26 min
  2. 11 JANV.

    Ep85: Financial Freedom with Land Investing: How Dr. Mamta Kumar Built 7-Figure Passive Income Streams

    In this episode of Financial Freedom Podcast, join Dr. Disha Spath and guest, Dr. Mamta Kumar as they uncover how land investing can help you design a life that reflects your core values. Dr. Mamta shares her inspiring journey from medicine to real estate, the challenges she overcame, and how she’s empowering others, especially physicians, to achieve financial independence through this unique investment path.   This episode is a must-listen for professionals seeking actionable insights on land investing, building passive income, and creating a purpose-driven lifestyle!  Key Topics Covered: 1. From Medicine to Land Investing Discover how Dr. Mamta Kumar transitioned from her medical career to becoming a land investor.   2. Breaking Barriers in a Non-Traditional Career Path Explore how Dr. Mamta’s journey as an Indian female land investor is breaking stereotypes and inspiring others.   3. Investment Costs and Getting Started Understand what it took for Dr. Mamta to start land investing and how you can take the first step today.   4. Actionable Tips for Beginner Land Investors Dr. Mamta shares her best advice for those interested in entering the world of land investing.   5. Overcoming Roadblocks with County Regulations   Learn strategies to navigate common challenges when working with counties.   6. Mentoring Physicians Toward Financial Freedom   Discover how Dr. Mamta is empowering other professionals by teaching them how to achieve passive income through land investing.   Resources Mentioned: Land.com BiggerPockets Realtor.com Rich Dad Poor Dad The Cashflow Quadrant Zillow Listener Takeaways: Avoid billing mistakes that lead to lost revenue.   Track key metrics to improve your practice’s financial health.   Build a sustainable practice with actionable daily habits.   Leverage telemedicine to enhance patient care and grow your business.   Understand the critical role of proper documentation in healthcare success.  Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Mamta Kumar: Follow her Website, Facebook, and Instagram     Thank you for tuning in! Be sure to share this episode with anyone navigating student loan repayment.   This episode is also sponsored by FacetWealth Discover how Facet is transforming financial planning for physicians with personalized, flat-fee financial planning—visit facet.com/frugalphysician to start building your financial future today.

    41 min
  3. 3 JANV.

    Ep84: Mastering the Billing Side of Medicine: Avoiding Billing Pitfalls & Building a Sustainable Practice

    In this episode of The Frugal Physician, Dr. Heather Signorelli shares her expertise on managing the business side of medicine. As a board-certified pathologist, physician executive, and co-founder of NatRevMD, Dr. Signorelli has helped healthcare practices boost revenue by over 25%. She discusses how to build a sustainable private practice, avoid costly billing mistakes, and future-proof your operations with practical strategies. Perfect for healthcare professionals looking to optimize their practice, streamline billing, and thrive in today’s ever-changing medical landscape. Key Topics Covered: 1. Introduction: Mastering the Business of Medicine Learn how Dr. Heather Signorelli uses her extensive healthcare management expertise to help private practices thrive.   2. Meet Dr. Heather Signorelli: Innovator and Physician Leader Discover Dr. Signorelli’s journey from practicing pathologist to healthcare entrepreneur and co-founder of NatRevMD.   3. Avoiding Common Insurance Billing Mistakes Explore the most frequent billing errors and how to prevent them to protect your revenue cycle.   4. Tracking the Right Billing Metrics Uncover the top five metrics every private practice should monitor to boost financial performance.   5. Building a Sustainable Private Practice Dr. Signorelli shares practical tips for starting small, staying consistent, and building long-term success.   6. The Power of Proper Documentation Understand why detailed physician documentation is key to compliance and maximizing revenue.   7. Telemedicine Success in a Changing Landscape Learn how to implement telemedicine effectively and keep your practice ahead of the curve.   Resources Mentioned: Thrive: Top 10 Ways to Boost Your Practice's Revenue by Dr. Heather Signorelli   NatRevMD – Medical Billing Services NatRevMD - Telehealth Changes in 2025: What Physicians Need to Know Blog  Modern Healthcare– Top 40 Under 40 Emerging Leaders   Skool Course NatRevMD Podcast Listener Takeaways: Avoid billing mistakes that lead to lost revenue.   Track key metrics to improve your practice’s financial health.   Build a sustainable practice with actionable daily habits.   Leverage telemedicine to enhance patient care and grow your business.   Understand the critical role of proper documentation in healthcare success.  Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Heather Signorelli: Follow her Website, Facebook, and LinkedIn Email her at: info@natrevmd.com Thank you for tuning in! Be sure to share this episode with anyone navigating student loan repayment.   This episode is also sponsored by FacetWealth Discover how Facet is transforming financial planning for physicians with personalized, flat-fee financial planning—visit facet.com/frugalphysician to start building your financial future today. This episode is also sponsored by Corporate Direct - Helping entrepreneurs and investors protect their assets and build real wealth. Corporate Direct also assists clients in meeting compliance requirements under the Corporate Transparency Act, ensuring federal reporting is handled with ease and accuracy.

    36 min
  4. 27/12/2024

    Ep83: Military Money Hacks: Doug Nordman on Early Retirement & Smart Savings

    In this episode of the Financial Freedom Podcast, we welcome Doug Nordman, a retired U.S. Navy submariner, author, and financial independence advocate. Doug shares his inspiring journey to early retirement, practical tips for frugal living, and strategies for raising financially literate kids to prepare them for a life of financial stability.   This episode is perfect for anyone looking to achieve financial independence, learn how to live a debt-free lifestyle, break free from overconsumption, and build generational wealth while adopting habits for long-term financial success.  If you're starting your journey toward retirement planning this episode is a must listen. Key Topics Covered: 1. Doug Nordman’s Journey to Financial Independence   Discover how Doug retired early through strategic financial planning and disciplined living.   2. Frugal Living Without Feeling Deprived   Understand how intentional spending can lead to a fulfilling life without financial stress.   3. Striking the Balance Between Saving and Living   Doug explains how to enjoy life while staying committed to your financial goals.   4. Teaching Kids Financial Literacy Early   Learn how to introduce money concepts, allowances, and chores to teach your kids the value of frugality and smart money habits.   5. Doug’s Approach to Giving Back   Explore Doug’s thoughtful donation strategies and how generosity can enrich your financial journey.   6. Tackling Overconsumption and Hyper Consumerism   Get tips on resisting societal pressures to overspend and focusing on value-driven living.   7. Achieving Fulfillment Through Retirement Doug’s journey to achieving fulfillment through his retirement.   Resources Mentioned: The Military Guide to Financial Independence and Retirement (Doug’s book) Raising Your Money-Savvy Family for Next Generation Financial Independence Listener Takeaways: Achieve financial independence with practical, actionable strategies.   Balance frugal living with enjoying life’s pleasures.   Equip your children with lifelong money skills.   Avoid overconsumption and focus on intentional spending.  Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Doug Nordman:  Author, speaker, and advocate for financial independence Email him at: nords@gmail.com  Thank you for tuning in! Be sure to share this episode with anyone navigating student loan repayment.   This episode is also sponsored by FacetWealth Discover how Facet is transforming financial planning for physicians with personalized, flat-fee financial planning—visit facet.com/frugalphysician to start building your financial future today. This episode is also sponsored by Corporate Direct - Helping entrepreneurs and investors protect their assets and build real wealth. Corporate Direct also assists clients in meeting compliance requirements under the Corporate Transparency Act, ensuring federal reporting is handled with ease and accuracy.

    49 min
  5. 20/12/2024

    Ep82: Leaning Out with Dr. Dawn Baker: Work-Life Balance, Burnout Recovery, and Success Redefined

    In this inspiring episode of the Finding Financial Freedom Podcast, guest Dr. Dawn Baker—physician, writer, speaker, and coach—shares her transformative journey from relentless achievement to finding work-life balance. After facing a cancer diagnosis, Dawn redefined her career and personal priorities, aligning her work with her “freedom values.” Join us as she unpacks the widespread burnout in the medical world, her motivation to challenge the "lean in" mindset, and how embracing a more intentional life can lead to greater fulfillment. With insights from her book Lean Out and her personal story, Dawn offers practical advice for professionals looking to escape the burnout cycle and create a meaningful balance between career and life. Key Topics Covered: 1. Challenging the “Lean In” Mentality Why Dawn advocates for a shift away from the relentless pursuit of growth and achievement.   2. Burnout in the Medical Profession The systemic issues driving physician burnout and how to address them.   3. Dawn Baker’s Personal Burnout and Recovery Her journey from high work demands to finding work-life balance. 4. Aligning Your Work with Freedom Values  Steps to build a career that reflects your personal values and priorities.   5. Educational and Inspirational Insights from her book Lean Out Lessons and actionable tips from Dawn’s book that resonate across industries.    Resources Mentioned: Lean Out by Dawn Baker   The Lean Out Podcast with Dawn Baker Practice Balance Website Lean Out Confidence Course Listener Takeaways: Recognize the signs of burnout and take actionable steps toward recovery.   Learn how aligning your values with your work can lead to sustainable success.   Gain inspiration to challenge societal expectations and create your unique path.  Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Dawn Baker, Author of Lean Out Follow Dawn on Facebook, Twitter, Instagram and LinkedIn for updates on her journey and her podcast episodes.  Thank you for tuning in! Be sure to share this episode with anyone navigating student loan repayment.   This episode is also sponsored by FacetWealth Discover how Facet is transforming financial planning for physicians with personalized, flat-fee financial planning—visit facet.com/frugalphysician to start building your financial future today. This episode is also sponsored by Corporate Direct - Helping entrepreneurs and investors protect their assets and build real wealth. Corporate Direct also assists clients in meeting compliance requirements under the Corporate Transparency Act, ensuring federal reporting is handled with ease and accuracy.

    48 min
  6. 13/12/2024

    Ep81: Empower Your Wallet with Prisca Benson

    In this episode of Finding Financial Freedom Podcast, join Dr. Disha Spath and Prisca Benson, a nurse and money coach, as they explore the path to financial freedom and teach you ways on how to take charge of your own money. Prisca shares how she turned debt into $370K in investments, simplified budgeting, and overcame financial anxiety. Discover practical tips for debt repayment, mindful spending, and using money as a tool for intentional living.  Perfect for professionals seeking actionable advice to take control of their finances and build lasting wealth! Key Topics Covered: 1. Introduction: A Journey to Financial Freedom Discover how Dr. Disha Spath and special guest Prisca Benson share actionable tips to conquer debt and embrace mindful spending. 2. Meet Prisca Benson: From Debt to $370K in Investments Learn Prisca’s inspiring journey and the mindset shifts that transformed her financial life. 3. Actionable Steps to Start Your Financial Journey Today Prisca’s four-step framework (Assess, Streamline, Apply, Reassess) simplifies financial planning for everyone. 4. Maximize Your Savings with Points and Miles Tips and tricks for using credit card rewards responsibly to travel the world for less. 5. Budgeting with Joy: How to Balance Living and Saving Practical advice on creating budgets that help you enjoy life while achieving financial goals. 6. Overcoming Financial Anxiety: Start Small, Think Big Strategies for overcoming money fears and taking control of your finances. 7. Rapid-Fire Insights: Prisca’s Fun and Quirky Money Habits Get to know Prisca better with lighthearted rapid-fire questions about her money-saving hacks and inspirations.   Resources Mentioned: Corporate Direct Website– Asset protection services Facet Our Green Life  – Prisca’s platform for personalized money coaching Her Money Podcast and Choose FI Podcast Listener Takeaways: Begin your financial journey with a clear and actionable plan. Create stress-free budgets that allow you to enjoy life while saving. Overcome financial anxiety by starting small and thinking big. Use points and miles strategically to maximize travel savings. Shift your mindset to see money as a tool for intentional living. Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Prisca Benson: Founder of Our Green Life Follow us on Instagram, Facebook, and Twitter for updates on upcoming episodes. Thank you for tuning in! Be sure to share this episode with anyone navigating student loan repayment.   This episode is sponsored by: PearsonRavitz – Helping physicians safeguard their most valuable assets.  This episode is also sponsored by FacetWealth Discover how Facet is transforming financial planning for physicians with personalized, flat-fee financial planning—visit facet.com/frugalphysician to start building your financial future today. This episode is also sponsored by Corporate Direct - Helping entrepreneurs and investors protect their assets and build real wealth. Corporate Direct also assists clients in meeting compliance requirements under the Corporate Transparency Act, ensuring federal reporting is handled with ease and accuracy.

    35 min
  7. 06/12/2024

    Ep80: From Railroad Tracks to Critical Care: Dr. Carla Rotering on Redefining Thriving, Leadership, and Financial Freedom as a Woman Physician

    In this episode of Finding Financial Freedom, Dr. Disha Spath sits down with Dr. Carla Rotering, a renowned pulmonologist and leadership coach, to explore her inspiring journey as a woman physician navigating the challenges of medicine, motherhood, and financial freedom. Dr. Carla shares invaluable insights on how she overcame burnout, rebuilt her career with a renewed sense of purpose, and took control of her finances—while also being a compassionate leader and role model in the medical field. From understanding how to achieve financial independence to redefining success and balance, Dr. Carla’s experience offers actionable advice for women in medicine looking to transform their careers and lives. If you're a physician facing burnout, seeking leadership guidance, or aiming for work-life balance and financial freedom, this episode will inspire you to take control of your career and life transformation. Key Topics Covered: 1. Thriving as a Woman in Medicine Dr. Carla discusses her journey from the railroad tracks to critical care and how women in medicine can thrive by redefining their approach to work, life, and success. 2. Leadership in Medicine Learn how Dr. Carla's leadership coaching has helped other healthcare professionals unlock their potential and manage the pressures of the medical field. 3. Financial Freedom for Women Physicians Dr. Carla shares her strategies for managing finances, building wealth, and achieving financial independence as a woman in a demanding profession. 4. Overcoming Burnout in Your Field Dr. Carla talks about recognizing the signs of burnout and how she not only survived but thrived by implementing leadership techniques and prioritizing self-care. 5. Balancing Family and Critical Care How Dr. Carla navigates her role as a mother while working in pulmonary critical care, offering insights for other women juggling careers and family life. 6. Building a Practice and Career Transformation Discover the steps Dr. Carla took to build her own practice and create a thriving career without sacrificing her personal well-being. 7. Financial Management for Single Moms in Medicine   Dr. Carla offers advice to single mothers in medicine, sharing how she successfully balanced her professional responsibilities with financial management. Resources Mentioned: Dr. Carla’s Leadership Coaching Program Transforming You Events Listener Takeaways: Learn how to achieve financial freedom and wealth-building as a woman physician. Gain practical tips on managing burnout and creating a sustainable work-life balance. Understand the steps to take control of your career and finances as a woman in medicine. Discover how leadership can redefine success and help you thrive in both your personal and professional life. Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Carla Rotering, Renowned Pulmonologist & Leadership Coach Follow us on Instagram, Facebook, and Twitter for updates on upcoming episodes. Thank you for tuning in! Be sure to share this episode with anyone navigating student loan repayment.   This episode is sponsored by: PearsonRavitz – Helping physicians safeguard their most valuable assets.  This episode is also sponsored by FacetWealth – Discover how Facet is transforming financial planning for physicians with personalized, flat-fee financial planning—visit facet.com/frugalphysician to start building your financial future today. This episode is also sponsored by Corporate Direct - Helping entrepreneurs and investors protect their assets and build real wealth. Corporate Direct also assists clients in meeting compliance requirements under the Corporate Transparency Act, ensuring federal reporting is handled with ease and accuracy.

    53 min
  8. 29/11/2024

    Ep79: Asset Protection through LLC's and the Corporate Transparency Act

    In this episode of Finding Financial Freedom, Dr. Disha Spath welcomes Ted Sutton, a licensed attorney with Corporate Direct, and Garrett Sutton, founder of Corporate Direct and the Sutton Law Center, to discuss how physicians and professionals can take control of their financial futures. From forming LLCs to avoiding tax pitfalls, Ted and Garrett break down the essentials of asset protection, business entity management, and legal compliance in an engaging and practical conversation. With over 14,000 clients served and multiple bestselling books, Garrett Sutton brings decades of experience to help doctors secure their personal and professional assets. If you're thinking about starting a private practice or just looking to safeguard your wealth through asset protection strategies, this episode is the perfect guide. Key Topics Covered: 1. Why Physicians Need Asset Protection Learn why it’s crucial to protect not just your practice but your personal assets, and how business entities can shield your wealth. 2. The Essentials of Setting Up an LLC Step-by-step guidance on forming an LLC, understanding the “continuity of obligation,” and ensuring it’s done right from the start. 3. Maintaining Compliance with the Corporate Transparency Act How this new law affects business owners and what you need to do to stay compliant. 4. Avoiding Common LLC Pitfalls From neglected paperwork to improper renewals, discover the most common mistakes that can jeopardize your LLC—and how to avoid them. 5. Garrett Sutton’s Expertise in Asset Protection Insights from Garrett’s bestselling books (Start Your Own Corporation, Loopholes of Real Estate) and decades of experience helping professionals secure their financial futures. Resources Mentioned: PearsonRavitz Rich Dad Poor Dad by Robert Kiyosaki Veil not Fail by Garrett  Sutton Start Your Own Corporation, Loopholes of Real Estate by Garett Sutton Corporate Direct Website Sutton Law Center Listener Takeaways: Understand why forming an LLC is essential for protecting both your medical practice and personal assets.   Learn the critical steps to setting up and maintaining a compliant business entity under the Corporate Transparency Act.   Avoid common mistakes in LLC management and ensure your financial and legal safeguards are rock solid. Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guests:  Garett Sutton, founder of Corporate Direct Atty. Ted Sutton of Corporate Direct Follow us on Instagram, Facebook, and Twitter for updates on upcoming episodes. Thank you for tuning in! Be sure to share this episode with anyone navigating student loan repayment.   This episode is sponsored by: PearsonRavitz – Helping physicians safeguard their most valuable assets.  This episode is also sponsored by FacetWealth – Discover how Facet is transforming financial planning for physicians with personalized, flat-fee financial planning—visit facet.com/frugalphysician to start building your financial future today.

    39 min

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Financial Freedom and Peace of Mind. For all of us. A podcast by The Frugal Physician for healthcare professionals looking to get their financial house in order and design their ideal lives.

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