308 episodes

As a doctor, you spent decades in school to get to where you are. Unfortunately, during all those years in medical school and residency, you probably didn't receive a financial education. But, not to worry. That’s where I come in. Think of this podcast as your financial residency without the long hours and sleepless nights! I will guide you through a financial education resulting in money confidence and clarity in this critical aspect of your life. You’ll understand how you make money, how you spend money, how your hard-earned money can work for you, and how to protect yourself and your family. I have witnessed residents and fellows bombarded by life and disability insurance salesmen and other “investment” pitches that are not in their best interest. You didn’t receive any formal financial education in your decades of medical training, so how are you supposed to know the good financial advisors from the bad? This podcast will help with that. Remember, it’s ok to not know the difference between a ROTH IRA and a 403b or which 529 plan is best. This podcast will simplify highly complex concepts and translate industry jargon into plain English. Are you ready to take action and make smarter, more informed financial decisions? Great - let's do this! Let your financial residency begin.

Financial Residency with Ryan Inma‪n‬ Doctor Podcast Network

    • Investing
    • 4.7 • 256 Ratings

As a doctor, you spent decades in school to get to where you are. Unfortunately, during all those years in medical school and residency, you probably didn't receive a financial education. But, not to worry. That’s where I come in. Think of this podcast as your financial residency without the long hours and sleepless nights! I will guide you through a financial education resulting in money confidence and clarity in this critical aspect of your life. You’ll understand how you make money, how you spend money, how your hard-earned money can work for you, and how to protect yourself and your family. I have witnessed residents and fellows bombarded by life and disability insurance salesmen and other “investment” pitches that are not in their best interest. You didn’t receive any formal financial education in your decades of medical training, so how are you supposed to know the good financial advisors from the bad? This podcast will help with that. Remember, it’s ok to not know the difference between a ROTH IRA and a 403b or which 529 plan is best. This podcast will simplify highly complex concepts and translate industry jargon into plain English. Are you ready to take action and make smarter, more informed financial decisions? Great - let's do this! Let your financial residency begin.

    Understand the Basics of Investing to Better Invest Your Money

    Understand the Basics of Investing to Better Invest Your Money

    There are two things you can always guarantee to hear about when listening to Financial Residency: 1) All of this information should not be considered financial advice, and 2) You should understand what you're investing your money in. That's why Ryan wanted to go over the basics of investing. Whether you have been listening to this podcast for a while, or new to the community, there is something new for everyone to learn about investments.
    Do you need help understanding and maximizing your contract benefits? Then check out Contract Diagnostics at www.doctorpodcastnetwork.com/contractdiagnostics 

    • 41 min
    A Budget's a Budget No Matter How Small

    A Budget's a Budget No Matter How Small

    Jane, an amazing member of our community, is just starting out investing and doesn't think that she is actually budgeting since her expenses are listed in a Google Doc. But Ryan and Kayse are here to break the truth: Jane already has a budget! No matter if you track your expenses on a google spreadsheet, or use a program like You Need A Budget, having a system in place is the first step to gaining financial independence.

    Do you need help making a prudent decision about your disability insurance without overcomplicating things? Then reach out to Michael Relvas at www.doctorpodcastnetwork.com/mrinsurance 

    • 28 min
    Understanding Your True Savings Rate and What Financially Independent Means

    Understanding Your True Savings Rate and What Financially Independent Means

    In this week's financial assessment, Ryan and Kayse are excited to hear how Blake and Gwen have developed super-specific, and smart financial goals. Ryan uses this assessment to clarify an important misconception about long-term savings that he sees with friends, clients, and other community members.

    Do you need an insurance agent that has your best interest at heart? Then get in touch with Michael Relvas at www.doctorpodcastnetwork.com/mrinsurance

    • 32 min
    Benefits in Treating Your Personal Finances Like a Successful Business

    Benefits in Treating Your Personal Finances Like a Successful Business

    If you look at the tactics which are used every day to run successful companies, there are several key lessons we can all use to help us navigate through our personal finances. When you choose to manage personal finances like a business, it helps you focus on developing sound strategies for your money. What's your bottom line lookin' like these days?

    Do you need help making a prudent decision about your disability insurance without overcomplicating things? Then reach out to Michael Relvas at www.doctorpodcastnetwork.com/mrinsurance 



     

    • 34 min
    Why Mapping Out Your Financial Goals Is More Important Than the Ones and Zeros

    Why Mapping Out Your Financial Goals Is More Important Than the Ones and Zeros

    AJ & Elana, two amazing members of our community, came prepared for their assessment by sharing 3 years' worth of spending reports. Kayse is very excited to hear when people have financial reports because this is the groundwork for having really good financial habits. Ryan is just excited that he doesn't have to play bad cop on this assessment!
     
    Do you need help understanding your contracts and want to make them work for you? Reach out today and get the help you need at http://doctorpodcastnetwork.com/contractdiagnostics

    • 25 min
    Is Cryptocurrency the Greatest Invention Ever? or a Huge Scam? With Zac Prince

    Is Cryptocurrency the Greatest Invention Ever? or a Huge Scam? With Zac Prince

    It's hard to get the real facts about Bitcoin when people either treat it like joining a cult or just dismiss it as a scam. Fortunately, today’s guest, Zac Prince, the founder and CEO of BlockFi, is passionate to help educate everyone on what bitcoin really is and how to make the determination if it belongs in your portfolio. Check out his company at www.financialresidency.com/bf
    Do you need help reviewing your employment contract before you sign? Reach out to Resolve at www.doctorpodcastnetwork.com/contractdiagnostics  to get your review process started today.

    • 52 min

Customer Reviews

4.7 out of 5
256 Ratings

256 Ratings

CCharmed ,

Solid advice for the future

Ryan gives great input on how to plan for today, tomorrow, and five years from now when it comes to tackling debt from higher education. It’s refreshing to know that he has walked in my shoes and juggles the same dilemmas I do. I must listen if you are trying to tackle debt and still plan for retirement

Lizz1966 ,

Life changer

I have been listening to this Podcast for only 2 years now and still love it ! I found it after our 2 doctor household went through double job loss and major career upheaval. We were desperately looking for answers to reach our financial goals and retiring with a PLAN. This Podcast has opened my eyes to many facets in finance I didn’t know, things I knew but should have done and much more. Such practical advice I wish I knew straight outta Medical school but pertinent anytime in your career. 5 starts from me! @thedoctornextdoor

John Jurica ,

Great advice

This show helps us navigate the financial waters and accelerate the journey to financial independence!

I like thatI am getting advice from a fee only financial advisor. I feel like I can trust the information that I learn on this podcast. Young physicians especially should listen and heed what Ryan is sharing and teaching.

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