100 episodes

As a PhD (in training), you face unique money challenges that stem from your low stipend/salary during your years of graduate school and postdoc training. Listen here for the hard-won financial wisdom of your fellow graduate students, postdocs, and PhDs with Real Jobs. From budgeting and frugality to investing and debt repayment, this podcast is your higher education in personal finance.

Personal Finance for PhDs Emily Roberts

    • Education
    • 5.0 • 40 Ratings

As a PhD (in training), you face unique money challenges that stem from your low stipend/salary during your years of graduate school and postdoc training. Listen here for the hard-won financial wisdom of your fellow graduate students, postdocs, and PhDs with Real Jobs. From budgeting and frugality to investing and debt repayment, this podcast is your higher education in personal finance.

    This Grad Student Interrogated Her Budget and Worked on the Side to Financially Thrive

    This Grad Student Interrogated Her Budget and Worked on the Side to Financially Thrive

    In this episode, Emily interviews Alyce Viens, a 4th-year PhD student in communications at the University of Connecticut. On the eve of her defense, Alyce looks back over her time in graduate school to share the strategies that have help her pay off her student loans, invest for retirement, and save a down payment on a home. We discuss how Alyce budgeted, practiced frugality (including with conference travel), and supplemented her stipend.

    • 42 min
    This Grad Student’s Defensive Financial Planning Paid Off During the Pandemic

    This Grad Student’s Defensive Financial Planning Paid Off During the Pandemic

    In this episode, Emily interviews Maya Gosztyla, a third-year graduate student in biomedical sciences at the University of California at San Diego. Maya has experienced major financial ups and downs over the three years since her first podcast interview. Her husband was unemployed for over a year between moving with her to San Diego and pandemic hiring freezes. However, she managed to support both of them with her grad student stipend and freelance side income thanks to negotiating for a spot in her university’s subsidized housing program. Now that her husband is employed again, they are aggressively pursuing FIRE through investing and enjoying occasional splurges.

    • 39 min
    Catching Up with Prior Guests: 2021 Edition

    Catching Up with Prior Guests: 2021 Edition

    Emily published the first episode of this podcast in July 2018. This is the one hundred and fiftieth episode, and over the last three and a half years, the podcast has featured 134 unique voices in addition to Emily’s. The last episode in 2021 catches up with the guests from Seasons 4 through 6. The guests were invited to submit short audio updates on how their lives and careers have evolved since the time of their interview. They also included their best financial advice for an early-career PhD if their answer has changed since the initial interview.

    • 26 min
    How to Pursue FIRE in Graduate School

    How to Pursue FIRE in Graduate School

    In this episode, Emily shares the first section of a written guide she recently added to the Personal Finance for PhDs Community, titled How to Pursue FIRE in Graduate School. FIRE stands for Financial Independence / Retire Early, and it's a big movement among personal finance enthusiasts right now. At first, Emily didn't believe graduate school and the pursuit of FIRE were compatible, but the many interviewees she's had on the podcast who are pursuing a PhD and FIRE simultaneously changed her mind. In the introduction, Emily introduces FIRE and the general ways people pursue it and lists the four biggest levers a graduate student could pull to pursue FIRE right away.

    • 18 min
    This Grad Student Purchased a House with a Friend

    This Grad Student Purchased a House with a Friend

    In this episode, Emily interviews Courtney Beringer, a second-year PhD student in civil engineering at Oregon State. Courtney joined the Personal Finance for PhDs Community near the start of grad school; the Community taught and encouraged her to create an emergency fund, open and fund a Roth IRA, file an accurate tax return, and calculate and pay her quarterly estimated tax on her NSF GRFP income. When Courtney started grad school, she was curious about the possibility of buying a home, and over time decided to purchase a house with a fellow grad student. By renting out two of the bedrooms in their house, Courtney and her friend have nearly completely eliminated their housing expense, even in a market where it wasn't possible to buy on a single grad student income. Listen through the end of the episode for short bonus interview with Sam Hogan, a mortgage originator specializing in graduate students and PhDs, for his take on Courtney's co-borrowing

    • 45 min
    Is Podcasting a Lucrative Side Hustle? with Elana Gloger of Dear Grad Student

    Is Podcasting a Lucrative Side Hustle? with Elana Gloger of Dear Grad Student

    In this episode, Emily interviews Elana Gloger, a 5th-year PhD student at the University of Kentucky and the host of the Dear Grad Student podcast. Elana and Emily discuss Elana's motivation to start Dear Grad Student, how the podcast makes money and how much, and the podcast's expenses. They both give advice on how to earn money from a podcast for someone just starting out and list examples of other types of side hustles grad students pursue and how generate a high pay rate over a short period of time. At the end, Emily shares a key strategy with Elana for managing her business finances going forward.

    • 37 min

Customer Reviews

5.0 out of 5
40 Ratings

40 Ratings

Bilalduoooolingo ,

Wonderful!

The International Student investment episode with Hui-chi Chen was absolutely phenomenally informative!

41246 ,

Preparation and survival!

Excellent resource to get prepared for graduate education and to navigate it. I think the specifics of your personal situation and institution will always vary, so some things you take with a grain of salt. However, the biggest asset of the pod is the variety of people interviewed- people from different backgrounds and programs and the amount of topics covered. Most of these topics are discussed behind closed doors and in private but this podcast makes you remember you’re not alone and there are way more people out there navigating difficult situations like you.

Gewitterblitz ,

Exactly what I was looking for

Having read a lot of scattered news articles and attending colIege workshops, I still felt a need for expert advice on investment strategies for International students. I stumbled upon this podcast while doing my weekly finance research and I can say that Dr. Roberts does a phenomenal job at it. PFforPhDs is one of the few resources I could find which has got something for every grad student trying to figure out personal finances. Highly recommend it to incoming and current students alike.

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