348 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

    • Business
    • 4.6 • 273 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.

    What are the differences between a fee-based and fee-only advisor?

    What are the differences between a fee-based and fee-only advisor?

    When you hire a financial advisor, there is an expectation that they will give the best advice to the person’s situation. Does the way that a financial advisor receives compensation affect what kind of advice that you receive? Today Ryan and Kayse discuss the differences between fee-based and fee-only advisors. What are things that are good to know when hiring either? Why is it important to know what incentives both may have?

    Learning about financial advising behind the scenes can be a great aid in finding the right advisor. It’s worth the time to ensure you’re receiving the level of advising that every person deserves.

    Today's sponsor is Locumstory. To find out more visit here: financialresidency.com/locumstory

    • 33 min
    What about motivation and financial planning? Executing your plan!

    What about motivation and financial planning? Executing your plan!

    We have your favorite good cop, Kayse Kress, back for a Monday show slot. Last week we talked about creating a financial plan. This week is all about what to do with the plan once you have it. Whether you’re brand new to the concept of building a financial plan or a veteran, there are a few things you should know. Do you know what they are? Listen in to see. 

    Today's sponsor is Weatherby. To learn more about Weatherby visit:  financialresidency.com/weatherby 

    • 30 min
    How to build a financial plan and why it is important!

    How to build a financial plan and why it is important!

    Have you taken time to think about your future and a financial plan? What do you need to know before building one? If you have never done a financial plan, there are some things you need to consider. In this episode, Ryan and Kasey discuss how to build a financial plan, mistakes to watch out for and what you can do to have the best financial plan possible!


    Today's sponsor is Deputy. To learn more — and try Deputy out for free — go to doctorpodcastnetwork.com/deputy

    • 38 min
    Investing in Real Estate

    Investing in Real Estate

    Ways to generate passive income is a question many people have. You may be interested in investing in the stock market. Additionally, you may look at real estate as a way to generate passive income. What are the advantages and disadvantages of both? What are the things to know? Is there passive income, or is there a great deal of work required?  In this episode, we discuss all of these questions and more. The question was submitted by a listener named Greg.

    Today's Sponsor is Locumstory. To find out more about Locumstory go to doctorpodcastnetwork.com/locumstory 
    Become an empowered, smart, and sophisticated investor this Fall. Go to financialresidency.com/multifamilyfall

    • 24 min
    Estate Planning 101: What Is A Revocable Living Trust And How Can It Help Physicians Save Money?

    Estate Planning 101: What Is A Revocable Living Trust And How Can It Help Physicians Save Money?

    It’s no secret that most people avoid estate planning - it’s an uncomfortable topic to discuss! At some level, we’re talking about death planning. But our discussion today is about revocable LIVING trusts - an important estate planning document that can preserve your hard-earned assets and help your loved ones avoid probate, which can be a confusing, expensive, and inconvenient judicial process. In this episode, learn how to utilize revocable living trusts effectively as approachable attorneys, Notesong and Nathan, demystify this magical estate planning tool.

    Ready to take the next step in your estate plan? Connect with Notesong and Nathan at www.financialresidency.com/tw

    To learn more — and try Deputy out for free — go to www.doctorpodcastnetwork.com/deputy

    • 52 min
    How to Use Patience to Find Success in Money Management

    How to Use Patience to Find Success in Money Management

    Ever heard of the phrase "Time is Money!"? It means don’t waste time. However, being patient has a lot to do with money than we realize. In this episode, Nick True of Mapped Out Money says that our happiness, success, and our thought-processes revolve around our ability to be patient. When you throw money into the mix, things become more complicated! Just how patient do you need to be?

    Deputy makes it easy to schedule staff in line with patient demand, communicate schedules with your team, and instantly find replacements when someone calls out sick.
     
    To learn more — and try Deputy out for free — go to www.doctorpodcastnetwork.com/deputy 

    • 51 min

Customer Reviews

4.6 out of 5
273 Ratings

273 Ratings

Mayra W. ,

Excellent show

Ryan is a great host determined to educate others on finances. With a variety of guest experts, the episodes are a guide to clarity with top financial advise. A must listen!

Hosseinmx ,

Great podcast series

I have enjoyed listening to your podcasts for the last 2-3 years and have certainly learned a lot. It is very difficult to create new content consistently and regularly when the basic principles are the same. I think some of the topics in recent episodes are repetitive for long time listeners and have been discussed in previous episodes. It has become hard to find unique new episodes to listen, which is in essence a compliment to what you have done. But as a result, I am skipping many of the episodes in recent months. Overall, great job. But it may be time for me to find a new podcast.

Dr. Andrew T ,

Wonderful Show on this Topic

Ryan does such a great job explaining both complex and simple topics. This show is so needed and I continue to learn despite having a solid financial knowledge backing! 10/10 would recommend.

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