Finding Financial Freedom as a Physician with Dr. Disha Spath
In this episode of the Medicine and Money Show, we are joined by Dr. Disha Spath, founder of The Frugal Physician, to discuss financial management for doctors. Dr. Spath shares her journey of tackling student loans and learning financial skills, the importance of tracking income and expenses, and investing wisely. She emphasizes the need for medical professionals to understand and utilize tax-advantaged accounts, and provides practical advice on getting started with personal finance. Dr. Spath also talks about the psychological aspects of investing and the significance of having a long-term perspective. This episode is packed with insights and actionable tips to help physicians gain financial freedom. Tune in to learn how you can take control of your finances and secure your future as a medical professional.
00:00 Financial Freedom - Strategies for High-Income Earners with Dr. Spath
01:00 Meet Dr. Spath: The Frugal Physician
02:51 The Journey to Financial Freedom
06:16 Understanding Financial Advisors and Tax Strategies
12:37 Real Estate Investing for Physicians
19:10 Getting Started with Personal Finances
22:34 Investing Basics and Strategies
32:15 Navigating Market Fluctuations
37:08 Final Thoughts and Resources