The Grow Your Wealthy Mindset Podcast
This podcast helps physicians and other high earners build wealth by shifting their money mindset. Host Elisa Chiang, a physician herself, shares strategies to overcome burnout and take control of your financial future. Each episode offers practical advice on creating wealth so you can practice medicine on your own terms. Tune in weekly to learn how to grow your wealthy mindset.
Episodes
Episode 217: Why Money Won't Cure Your Financial Anxiety
Send us Fan MailIf you could make ONE problem in your life disappear tomorrow, would it be money? In this episode, we dive into a surprising truth: no amount of money will automatically make you stop worrying about money. Whether you’re living paycheck to paycheck or sitting on millions, financial anxiety is often driven by mindset rather than math.We break down the false promise of worry, share p
Replay Episode 2: Arrival Fallacy
Send us Fan MailMany of us have fallen into the trap of arrival fallacy, or the belief that you'll finally have lasting happiness once you achieve a specific goal our outcome. Yes, reaching goals can make us feel happy for a while, but eventually that becomes your new baseline and life goes back to "normal." Learning to enjoy the journey which is going to include both ups and downs
Episode 216: Beyond the Password: Securing Your Financial Accounts
Send us Fan MailAfter receiving an email from Vanguard urging a security profile update, I took a deep dive into the security options financial institutions are pitching to customers today. From AI-vulnerable voice prints to phone biometrics and multi-factor authentication, not all security layers are created equal. In this episode, we break down what features actually protect your retirement and
Replay Episode 88: Shifting from Scarcity to Abundance with Dr. Liz Aguirre
Send us Fan MailDr. Liz Aguirre is a remarkable women. She grew up in poverty without reliable access to food or shelter and is now a mom, wife, and a physician with passion for person-centered health. We talk about how she grew her wealthy mindset and how coaching has assisted that journey. I am so lucky to have great clients like Dr. Liz. You can find Liz Aguire at: https://www.lizaguirremd.com/
Episode 215: Is the Free $1,000 From a Trump Account Actually a Trap
Send us Fan MailTrump Accounts (technically known as 530A IRA savings plans) became available for parents looking to build wealth for their kids. But are they actually worth it? In this follow-up to Episode 198, we dive deep into the strict rules, surprising lack of tax breaks for individuals, and the heavy impact these accounts can have on college financial aid. However, there are two massive exc
Replay Episode 46: Accredited Investor and other Investor Classifications
Send us Fan MailIn this episode, I discussed what is an Accredited Investor and what opportunities are available to people who qualified and an Accredited Investor. I also discussed Qualified Client and Qualified Purchaser. Welcome to the world of expanded investment opportunities!Please subscribe and leave a review on your favorite Podcasting platform. Get 12 Financial Mistakes that Keep Physicia
Episode 214: Same Team, Same Dream? How Couples Handle Money
Send us Fan MailIs there a "right" way to handle money in a marriage? In this episode, we dive into the widely debated topic of how couples manage and split their finances. From fully merged joint accounts to the popular "His, Hers, and Ours" approach, we explore real-world data from hundreds of dual-income couples and breakdown the pros and cons of each system.But as you’ll le
Replay Episode 51: Financial Terms with Investing
Send us Fan MailJust like the world of medicine has its own language, the world of finance and investing also has its own language. This is why when you first starting developing your financial literacy, everything seems complicated. By learning the meaning of different terms, everything starts to make more sense. In this episode, I go over various financial terms you’ll encounter when you look at
Episode 213: Opting Out of the Default Wills, Prenups, and Taking Control
Send us Fan MailTalking about death and divorce is never romantic, but staying silent means letting the government make your most personal decisions for you. In this episode, we break down a surprising truth: Everyone already has a default prenup and a default will. If you don’t write your own, your state’s laws will step in to dictate how your assets are handled during a divorce or after your dea
Replay Episode 31: Growth vs Fixed Mindset
Send us Fan MailFinancial literacy is an important part of building wealth—but knowledge alone isn't enough. A truly wealthy mindset starts with believing that you can learn, grow, and develop new skills throughout your life.In this replay episode, we explore the powerful concept of the growth mindset and how the way you think about your abilities can impact your financial success, career gro
Episode 212: Social Security Strategies for Married Couples
Send us Fan MailWelcome back to part two of our deep dive into Social Security! In episode 209, we covered the foundational basics of how the system works for individuals. Today, we are shifting the focus to couples.Coordinating your Social Security strategy as a married couple is one of the most powerful ways to secure your joint retirement, yet it is frequently misunderstood. In this episode, we
Replay Episode 33: Traditional Mutual Funds vs. Exchange Traded Funds
Send us Fan MailIn this replay episode, we're revisiting one of the most common investing questions: Should you invest in exchange-traded funds (ETFs) or mutual funds?Both ETFs and mutual funds can be excellent investment vehicles, especially when you're investing in low-cost index funds. In this episode, I break down the key similarities and differences between the two, including:How ET
Episode 211: Feeling Like You "Made It" Financially
Send us Fan MailWhen do you shift from simply "doing fine" to truly feeling like you are reaping the financial rewards of your career?Inspired by a post from a physician with $370,000 household income, yet still feeling like they are constantly chasing, this episode dives deep into the psychology of wealth. We explore why high incomes don't automatically translate to financial secur
Replay Episode 49: Mindset with Dr. Karen Leitner
Send us Fan MailOver the last 4 years, there have been several guests on the podcast. The guest who had the most downloads is Dr. Karen Leitner. Listen in on a conversation that Karen Leitner and I had on what mindset really means and how it influences our lives. It’s a candid conversation between two coaches with a focus on money mindset and topics like negotiation, the gender wage gap, and refra
Episode 210: Four Years Later: Navigating Pivots, passions and the Pursuit of an Ideal Life
Send us Fan MailFollowing last week’s look back at where it all began, I’m fast-forwarding through the last four years to share what has changed, what has stayed the same, and what it really looks like to pursue an "ideal life." From the highs of checking off bucket-list travels to the unexpected pivots of the medical job market, this episode is an honest reflection on career resilience,
Replay Episode 1: Grow Your Wealthy Mindset
Send us Fan MailThe Grow Your Wealthy Mindset Podcast published an original weekly episode for the last four years. For the first episode of the 5th year of The Grow Your Wealthy Mindset Podcast, we return back to the very first episode, where Elisa Chiang talks about her journey that lead her to creating this podcast and why someone would want to take the time to listen to The Grow Your Wealthy M
Episode 209: When to Start Taking Social Security Benefits
Send us Fan MailThis episode dive into the complex world of Social Security through the lens of a high-earning professional. We move past the "standard" advice of waiting until age 70 to explore the Real Math, including the impact of current 2.7% TIPS real yields and the looming 2032 Trust Fund cliff. If you are in deciding on a claim strategy, this episode provides a framework for polit
Episode 208: Why "Good Enough" Investing Beats a "Perfect" Strategy Every Time
Send us Fan MailIn the medical world, perfectionism saves lives. In the financial world, it can cost you a fortune. In this episode, we dive into the "A+ Student Syndrome" and why the traits that make you a world-class physician—attention to detail, risk aversion, and a desire for complexity—are the exact traits that lead to "Analysis Paralysis" in your portfolio.This episode b
Episode 207: The W-2 Physician’s Tax Reality
Send us Fan MailIn this episode, we pull back the curtain on the U.S. tax system to explore how it specifically impacts high-earning professionals. Inspired by a recent Freakonomics episode and the research of Jessica Riedl (Brookings Institute), we dive into the data-driven reality of tax progressivity, the "Buffett Myth," and why being in the Top 5% of earners changes the way you shoul
Episode 206: Inside Medscape's Physician Compensation Report 2026
Send us Fan MailThis week's episode reviews the findings published in Medscape's Physician Compensation Report for 2026. Key PointsThe Numbers: The average physician salary rose to $356K (+3%), with Specialists ($417K) continuing to outearn PCPs ($298K).Top Earners: Orthopedics leads the field at $611K, followed by Cardiology ($575K) and Radiology ($571K); Pediatrics remains at the botto
Episode 205: The Annual Financial Deep Clean: A 5-Point Financial Audit
Send us Fan MailJust as an annual physical catches "silent killers" like hypertension, a financial deep clean identifies "Efficiency Leaks" before they cost you hundreds of thousands in lost growth. This episode provides a 5-point audit to ensure your money and mindset are perfectly aligned while you focus on your practice.The 5-Point Financial Audit:1. Financial Goals Review:
Episode 204: Don’t Overthink This: How to Choose Your Brokerage Account
Send us Fan MailIf you’ve ever asked yourself, “Where should I open a brokerage account?”you’re not alone. This is a common question I see in personal finance groups, and it can feel overwhelming when you’re trying to make the “right” choice.In this episode, I break down how to choose a brokerage account for investing outside of retirement accounts, or where to open an IRA, without overcomplicatin
Episode 203: Charitable Giving Tax Changes in 2026 Explained
Send us Fan MailStarting in 2026, new rules will change how charitable tax deductions work. In this episode, we break down key provisions from the One Big Beautiful Bill Act and what they mean for your charitable giving strategy.You’ll learn how the new $1,000 deduction for standard deduction filers ($2,000 for married couples) works, why itemized charitable deductions now have a 0.5% AGI floor, a
Episode 202: Will Your Retirement Go As Planned?
Send us Fan MailThis podcast episode discusses a blog article from the White Coat Investor website written by Dr. Jim Dali, titled "Will Your Retirement Go As Planned.” The article highlighted unexpected challenges faced by retirees, such as early retirement due to job loss, health issues, and the death of a spouse. Elisa shared insights from the article, emphasizing the importance of consid
Episode 201: Taking Money Out of Retirement Accounts Early Without the 10% Penalty
Send us Fan MailCan you take money out of a retirement account early without paying penalties? Many people assume retirement accounts are locked until age 59½, which leads them to avoid maxing out contributions—especially if they’re planning early retirement.In this episode, we explain when early withdrawals from retirement accounts don’t trigger the 10% penalty, including common IRS exceptions an
Episode 200: Being Rich vs. Being Wealthy
Send us Fan MailIn this milestone 200th episode of The Grow Your Wealthy Mindset Podcast, we explore the difference between being rich and being wealthy and why the distinction matters more than most people realize.While being rich is often visible through income and lifestyle, true wealth is usually invisible. Drawing from real-life examples and insights from The Psychology of Money by Morgan Hou
Episode 199: Common Backdoor Roth IRA Mistakes and How to Avoid Them
Send us Fan MailHigh-income professionals often find themselves locked out of direct Roth IRA contributions. The "Backdoor Roth" is the gold-standard workaround, but it is a strategy where small administrative errors can lead to big tax bills. In this episode, we break down the mechanics of the Pro-Rata Rule, why your Form 8606 is the most important document in your tax return, and the s
Episode 198: Trump Accounts Explained: What Parents Need to Know
Send us Fan MailIf you have children, you may have seen a prompt in TurboTax or other tax software about opening a Trump Account. But what exactly is a Trump Account, and is it right for your family? In this episode, we break down everything you need to know:Who is eligible and how to open a Trump AccountContribution limits, employer contributions, and federal seed moneyHow the accounts are invest
Episode 197: Your Money or Your Life: A Physician’s Life Energy
Send us Fan MailWhat if money isn’t just money—but stored life energy?In this episode, I reflect on the core premise of Your Money or Your Life by Joseph R. Dominguez and Vicki Robin and how it’s showing up in my own life as a physician. From reviewing Medicare reimbursement rates to comparing insurance-based care with cash-pay work, I share why the trade between effort, responsibility, and compen
Episode 196: Planning for Long-Term Care: Insurance vs Self-Insuring
Send us Fan MailLong-term care is one of the biggest unknowns in retirement planning. While many physicians can estimate their retirement spending, it’s much harder to predict if, and for how long, long-term care will be needed.In this episode, Elisa breaks down the real costs of long-term care, how long most people actually need care, and whether long-term care insurance makes sense for physician
Episode 195: How Much Do Physicians Need for Retirement?
Send us Fan MailHow much do physicians actually need to retire comfortably? If you’ve heard numbers like $4 million—or more—and felt overwhelmed, you’re not alone.In this episode, we break down where these retirement numbers come from, why physicians tend to think they need significantly more than the average American, and how to calculate a retirement target that actually fits your life.Using dat
Episode 194: Why High-Income Doctors Still Feel Broke
Send us Fan MailWhy do physicians earning multiple six figures still feel financial pressure?In this episode, we talk about why a high income doesn’t automatically lead to financial ease—and why many doctors feel stressed about money despite “doing everything right.” This isn’t about budgeting harder or cutting out every joy. It’s about understanding the real reasons behind that stuck, anxious fee
Episode 193: Vesting: What You Actually Get to Keep in Your Employer Retirement Plan
Send us Fan MailMost physicians assume that every dollar in their employer-sponsored retirement account belongs to them. That assumption can be a very expensive mistake. In this episode of The Grow Your Wealthy Mindset Podcast, we break down vesting—what it means, how it’s governed by federal law, and why it matters when physicians change jobs or negotiate contracts. I also share a personal early-
Episode 192: Solo 401k vs SEP IRA - Which Is the Better Choice?
Send us Fan MailIf you’re a physician with 1099 income, locums work, or a small private practice, choosing between a Solo 401(k) and a SEP IRA can have a huge impact on how much you’re able to save for retirement.In this episode, we compare Solo 401(k)s and SEP IRAs in plain language and walk through real physician examples to show how contribution limits change based on income type, age, and whet
Episode 191: W-2 vs 1099 for Physicians: Pros, Cons, and the Money Impact
Send us Fan MailIn this episode of The Grow Your Wealthy Mindset, we take a practical look at the differences between working as a 1099 independent contractor and a W-2 employed physician — and how each option affects your income, taxes, autonomy, and long-term wealth.Whether you're thinking about locums, considering a new job offer, or re-evaluating your career path, this episode gives you a
Episode 190: How to Know How Much House You Can Really Afford
Send us Fan MailAre you a physician thinking about buying a home but tired of the usual “30% of your income” rule? In this episode, we explore how to figure out how much house you can really afford as a doctor, without relying on arbitrary percentages or just what a lender says you can borrow.We talk about the smarter way to approach physician home buying, including:· How to calculate the
Episode 189: The Truth About 50-Year Mortgages and Housing Affordability
Send us Fan MailTrump has proposed bringing back ultra-long mortgages — including a 50-year option — as a way to make housing more affordable. But would stretching a loan over half a century really help?In this episode, we break down the real math behind the idea. You’ll learn why a longer mortgage term might look affordable month to month, but could cost you hundreds of thousands of dollars more
Episode 188: Designing Your Wealthy Year Ahead
Send us Fan MailAs the year ends, take a moment to pause and reflect. Instead of chasing resolutions, what if you designed a year that feels truly wealthy — rich in meaning, freedom, and joy? In this episode, learn how to align your money, time, and energy with what matters most, set financial intentions instead of goals, and take small, intentional steps toward your ideal life.In this episode, yo
Episode 187: The Myth of More Time
Send us Fan MailThis Christmas Eve episode invites you to slow down and reflect on one of the biggest myths we tell ourselves — the myth of more time.As physicians, we often believe that at some point in the future, life will finally calm down. We’ll have better systems, more support, and more space to breathe. But the truth is, time doesn’t just appear — we have to choose to make it.In this episo
Episode 186: The How of Happiness Taking Care of Your Body with Meditation and Physical Activity
Send us Fan MailThis is the last episode in the How of Happiness Series that follows the 12 exercises outlined in The How of Happiness by Dr. Sonja LyubomirskyThis episodes explores how meditation and physical activity can boost happiness and well-being. You’ll learn how meditation trains the mind for calm and awareness, how exercise can be as effective as medication for improving mood, and why bo
Episode 185: What’s Your Money Type? Understanding How You Relate to Money
Send us Fan MailThis episode explores different money types—the patterns of beliefs and behaviors that shape how you earn, save, spend, and think about money. Understanding your personal tendencies can help you build a healthier and more balanced financial life.This episode walks through several common money types—the Compulsive Saver, Compulsive Spender, Worrier, Gambler, Dreamer, Avoider, and Op
Episode 184: Smart Money Moves After a Financial Windfall
Send us Fan MailWhat should you do when you suddenly come into extra money—like a bonus, inheritance, or settlement? Before you rush to spend it, take a pause. In this episode, we talk about how to make the most of an unexpected windfall so it supports your long-term financial goals instead of disappearing quickly. You’ll learn:Why the first step after receiving a windfall is to do nothing—and whe
Episode 183: What Thanksgiving Teaches Us About Money and Mindset
Send us Fan MailThanksgiving isn’t just about turkey and pumpkin pie — it’s also full of lessons that can help you build a healthier relationship with money.This episode of The Grow Your Wealthy Mindset Podcast, explores how the traditions and spirit of Thanksgiving reflect key principles of financial wellness. From planning ahead and practicing generosity, to cultivating gratitude and finding bal
Episode 182: Your Year-End Financial Checklist
Send us Fan MailAs the year comes to a close, it’s time to make sure your finances are in order before December 31st. In this episode, we go over a practical year-end checklist designed specifically for physicians to help you save money, reduce taxes, and start the new year on solid financial footing. We’ll cover:How to maximize retirement contributions and employer matchesSmart ways to use your C
Episode 181: The How of Happiness Practicing Religion and Spirituality
Send us Fan MailThis is the 11th episode that comes from the book The How of Happiness by Dr. Sonja Lyubomirsky. This week, we look at how faith and spirituality can influence happiness, health, and resilience. Whether you identify with a particular faith, consider yourself spiritual but not religious, or approach life from a secular perspective, this episode invites reflection on how connecting w
Episode 180: Sunk Costs, Opportunity Costs, and Thinking in Terms of Expected Value
Send us Fan MailHave you ever kept going with something—even when you knew it wasn’t worth it—just because you’d already invested so much time, money, or effort? That’s the sunk cost fallacy at work.In this episode of The Grow Your Wealthy Mindset, Dr. Elizabeth Chiang explores how sunk costs, opportunity costs, and expected value shape our financial and life decisions. Drawing insights from Annie
Episode 179: Spend with Intention and Discerning a Need from a Want
Send us Fan MailThis week, we’re diving deeper into spending—what truly counts as a need versus a want, and how to make sure your spending reflects your values and supports your financial goals.Even high-income earners can struggle to save when lifestyle inflation creeps in. In this episode, we’ll explore how lifestyle inflation happens, how to recognize it, and how to shift toward mindful spendin
Episode 178: A Practical Guide to Dividing Your Income: Needs, Wants, and Savings
Send us Fan MailHave you ever wondered how much you should be spending on housing, groceries, cars, or fun? This episode breaks down how to create a realistic and values-based spending plan that fits your lifestyle and financial goals.Whether you’re creating your first spending plan or re-evaluating where your money goes each month, this episode will help you understand how to balance your spendin
Episode 177: The How of Happiness Committing to Your Goals
Send us Fan MailAs physicians, we’re no strangers to long-term goals. Many of us spent years—if not decades—pursuing the dream of becoming a doctor. That kind of deep, meaningful striving can bring great fulfillment—but what happens when we achieve that goal and still feel like something’s missing?In this episode, we explore how goals influence our happiness, why the type of goals we pursue matter
Episode 176: Changes Coming to Catch-up Contributions to Retirement Accounts
Send us Fan MailAre you age 50 or older and contributing extra to your 401(k), 403(b), or 457(b)? Big changes are coming to catch-up contributions that could affect your retirement planning—especially if you’re a high-income earner.In this episode of The Grow Your Wealthy Mindset, I break down the IRS’s final regulations on catch-up contributions under the SECURE 2.0 Act and what they mean for you
Episode 175: Redesigning Work to Fit Your Life
Send us Fan MailAs physicians, most of us start out following a traditional path: find a job posting, talk to recruiters, and take whatever positions are available in the places we want to live. But what if we thought differently about our careers? What if we created work arrangements that actually fit our lives, values, and goals?In this episode of The Grow Your Wealthy Mindset, I share my own st
Episode 174: Donor-Advised Funds: A Smart Way to Give to Charity?
Send us Fan MailIn this episode of The Grow Your Wealthy Mindset, we dive into donor-advised funds (DAFs)—a powerful but often overlooked tool for charitable giving.You’ll learn:What a donor-advised fund is and how it worksWhy donating appreciated assets (like stock) may be smarter than giving cashThe benefits and downsides of using a DAFHow Fidelity, Schwab, and Vanguard’s donor-advised funds com
Episode 173: APR vs APY Explained: How Compounding Affects Interest
Send us Fan MailWhen it comes to interest rates, not all percentages are created equal. In this episode, we break down the difference between APR (Annual Percentage Rate) and APY (Annual Percentage Yield)—two terms that may sound similar but can drastically affect how much you pay (or earn) over time. We’ll explore:Why lenders advertise APR while banks flaunt APYHow compounding frequency changes y
Episode 172: Savoring Life's Joys
Send us Fan MailDo you ever feel like you’re constantly chasing the next milestone, rarely stopping to enjoy the present moment? In this episode of The Grow Your Wealthy Mindset, we explore the powerful practice of savoring—intentionally appreciating positive experiences from the past, present, and future—and how it directly contributes to greater happiness and well-being. This episode is the 9th
Episode 171: Our Two Week Irish Adventure: What We Did, What We Spent - Part 2
Send us Fan MailWhat does a two–week trip to Ireland really cost—and how do you plan for it without blowing your budget? 🌍✈️In this two episode series, I take you behind the scenes of our recent two–week adventure across Ireland. From castle stays and scenic drives to cozy B&Bs and once–in–a–lifetime experiences (like a hawk walk at Ashford Castle), I share exactly how I planned the trip, the
Episode 170: Our Two Week Irish Adventure: What We Did, What We Spent - Part 1
Send us Fan MailWhat does a two–week trip to Ireland really cost—and how do you plan for it without blowing your budget? 🌍✈️In this two episode series, I take you behind the scenes of our recent two–week adventure across Ireland. From castle stays and scenic drives to cozy B&Bs and once–in–a–lifetime experiences (like a hawk walk at Ashford Castle), I share exactly how I planned the trip, the
Episode 169: “I Love You” Insurance: Protecting Your Loved Ones with Term Life
Send us Fan MailLife insurance isn’t something we buy for ourselves—it’s an act of love and protection for those who depend on us. This episode answers a listener’s question: How much life insurance is recommended?This episode dives deeper into how to determine the right amount of coverage based on your personal circumstances—whether you’re single, married, or raising a family. Dr. Elisa Chiang sh
Episode 168: The How of Happiness Increasing Flow Experiences
Send us Fan MailIn this episode, we explore a powerful and fun way to boost your happiness—by living in the present through flow and savoring. This is the 8th episode in the series following Dr. Sonja Lubomirski’s book, The How of Happiness. You’ll learn what “flow” really means, how to create it in your daily life, and why it’s one of the most effective ways to feel more fulfilled, engaged, and j
Episode 167: Options Trading 101: An Introduction to Derivatives
Send us Fan MailIn this episode of The Grow Your Wealthy Mindset, we demystify the world of options trading—a topic that often feels complex and intimidating, especially for busy professionals like physicians. Whether you’ve heard of puts, calls, or covered calls and want to finally understand what they mean, or you're simply curious about how options can fit into a diversified investment str
Episode 166: Why Dave Ramsey’s Advice Doesn’t Work for Physicians
Send us Fan MailDave Ramsey has helped millions of people take control of their finances—but does his advice make sense for physicians? In this episode of The Grow Your Wealthy Mindset, I break down where Ramsey’s principles work and where they fall short for doctors. With our unique financial journey—years of training, six-figure student loan debt, and sudden income jumps—physicians need a more n
Episode 165: How the One Big Beautiful Bill Act Affects Physicians
Send us Fan MailIn this timely episode, Dr. Elisa Chiang breaks down the One Big Beautiful Bill Act, signed into law on July 4, 2025, and what it means for physicians. With over 800 pages of legislation, this sweeping law has far-reaching implications for taxes, healthcare funding, student loans, and energy incentives. Dr. Chiang highlights the key takeaways—both positive and negative—for physicia
Episode 164: The How of Happiness Learning to Forgive
Send us Fan MailIn this episode of The Grow Your Wealthy Mindset, we explore the 7th happiness activity from The How of Happiness by Sonja Lyubomirsky: Learning to Forgive. Forgiveness isn't about condoning hurtful behavior or reconciling relationships—it's about freeing yourself from anger, resentment, and emotional weight. You'll learn what forgiveness truly means, why it's e
Episode 163: Maximize Tax Savings with a Dependent Care FSA
Send us Fan MailDid you know you could get a 22–37% discount on your childcare or dependent care expenses just by using pre-tax dollars? In today’s episode, I dive into the often-overlooked but highly valuable Dependent Care Flexible Spending Account (FSA). While Health FSAs and HSAs get plenty of attention, Dependent Care FSAs can offer significant tax advantages—especially for dual-income famili
Episode 162: Investing for Cashflow with Debt and Lending Funds
Send us Fan MailLooking for a way to grow your income beyond your clinical job? In this episode, we’re diving into debt funds—an often overlooked but powerful tool for generating cash flow. Whether you're curious about how they work, the risks involved, or how to get started, this episode breaks it all down in simple terms. If you’ve ever wondered how you can make your money work harder for y
Episode 161: Passive Income or Long-Term Growth? Investing for Cashflow vs. Appreciation
Send us Fan MailIn this episode of The Grow Your Wealthy Mindset Podcast, we're diving into two primary strategies investors use to grow their wealth: investing for appreciation and investing for cashflow. Whether you're aiming to build long-term wealth or looking to create more immediate income from your investments, understanding the difference between these two approaches is essential
Episode 160: A conversation on Money and Happiness with Dr. Disha Spath, The Frugal Physician
Send us Fan MailThis episode if a collaboration project with myself and Dr. Disha Spath where we talk about money and happiness. Tune in for a fun and insightful conversation. Dr. Disha Spath is a board-certified Internal Medicine Physician and the founder and CEO of The Frugal Physician, which has been recognized as a Plutus award nominee for excellence in financial media.In addition to leading h
Episode 159: The How of Happiness Developing Strategies for Coping
Send us Fan MailIn this episode of The Grow Your Wealthy Mindset, we explore the 6th activity from The How of Happiness by Sonja Lyubomirsky, Developing Strategies for Coping. Whether you're facing burnout, personal loss, or the everyday emotional weight of your work, learning to cope effectively can be life-changing. This episode reviews different types of coping strategies, from problem-sol
Episode 158: Real Numbers, Real Life: Tracking Spending with Our Annual Spending Revealed
Send us Fan MailAre you tracking your spending—or just hoping it all works out? In this episode of The Grow Your Wealthy Mindset, I share how tracking your expenses can empower you to make intentional decisions, without the restrictions of a traditional "budget." I explain the difference between a spending plan and a budget, why I prefer the former, and exactly how my household tracks sp
Episode 157: Do You Really Need Travel Insurance? What to Know Before Your Next Trip
Send us Fan MailLast week, we explored the role of insurance in protecting your assets. This week, we’re zooming in on a type of insurance that often flies under the radar: travel insurance. Whether you're climbing Mount Kilimanjaro, cruising to Antarctica, or simply flying cross-country, travel insurance can make or break your trip financially if something goes wrong. In this episode, I shar
Episode 156: Insurance is a Tool to Protect Wealth
Send us Fan MailWhen it comes to asset protection, your first line of defense is insurance against a potential financial disaster. You may purchase insurance to protect an asset, like homeowners’ insurance protects your personal residence in the case of significant damage. As you build your wealth, you may drop some types of insurance since you can self-fund if a situation occurs where you would a
Episode 155: The How of Happiness Nurturing Social Relationships
Send us Fan MailThis month is going over probably my favorite happiness activity that comes out of The How of Happiness by Dr. Sonja Lyubomirsky and that’s nurturing social relationships. I personally am an extravert and love being connected with people. However, I have found this harder to do as I’ve gotten older. We all get busy with our lives and time can seem to fly by. I’ll notice it has be
Episode 154: Roth Conversions, Backdoor Roth IRA, and the Mega Backdoor Roth Strategy
Send us Fan MailMore people are familiar with the Backdoor Roth IRA strategy but there is also a Mega Backdoor Roth Strategy. While the Backdoor Roth Strategy is available to the majority of people, the Mega Backdoor Roth Strategy is more limited since it depends on how your employer sponsored retirement plan, whether it’s a 401(k), 403(b) or 401(a), is set up. In this episode, discuss Roth conver
Episode 153: How to Choose a Good Index Fund
Send us Fan MailIndex fund investing is the best way to invest in the stock market. It has low fees, is tax efficent, and hands off while providing better returns over a 10 year period compared to 90% of actively managed mutual funds. However, not all index funds are created equal. There are index funds that have relatively high expenses and high turnover leading to tax inefficiency. There are als
Episode 152: Saving (and Investing) Rate for Retirement
Send us Fan MailYou may have heard recommendations that range anywhere between 10% and 50% when it comes to how much of your income to save for retirement. I often recommend saving a min of 20% of gross income to physicians who plan to invest primarily in stock and bond index funds. How do you know what saving rate you need in your situation? What it comes down to is how many years you save (and i
Episode 151: The How of Happiness Practicing Acts of Kindness
Send us Fan MailIn the book, The How of Happiness, Dr. Sonja Lynbomirsky outlines 12 activities to increase overall happiness by shifting one's baseline. For 2025, each month will have an episode that talks about activities that can help increase happiness by adjusting that baseline upwards.This month’s episode is about Practicing Acts of Kindness. Tune in to learn about activities that resea
Episode 150: Staying Invested Even When the Market is Falling
Send us Fan MailWhen you hear about a big drop in the stock market, do you feel uneasy? Do you consider selling your stocks or not investing any more money right now. That you’ll wait until the market starts to recover? If that sounds like you, you need to listen to this podcast episode. I want to encourage you to stay invested. When you deviate from your investment plan due to the performance of
Episode 149: The 401(a): A Lesser Known Employer Sponsored Retirement Account
Send us Fan Mail401(a) plans were established with the original tax code in 1954 and have actually been around longer than 401(k) or 403(b) plans. 401(a) plans are generally offered by government agencies, educational institutions and non-profit organizations. Employers can form multiple 401a plans that each have their own distinct eligibility criteria, contribution amounts, and vesting schedules
Episode 148: The Alternative Min Tax
Send us Fan MailThe alternative minimum tax, or AMT, was implemented in 1969 to ensure that all Americans pay their fair share of taxes, and particularly targeted high-income individuals who had a lot of tax deductions. It was originally design to catch those high-income individuals who paid little to no tax but unfortunately, it was not indexed for inflation until 2012. Over time, the AMT started
Episode 147: Creating Stories to Raise Money-Smart Kids with Dr. Michele Cho-Dorado
Send us Fan MailDr. Michele Cho-Dorado is a Pediatric Gastroenterologist, Medical Director, children’s book author, speaker and founder of Bright Futures EDG. She has developed a children’s book series with a mission to introduce financial literacy to young kids. Her first two books are called “Reach For The Stars” and “Mimi’s Magical Money-Earning Adventure” with additional books being released s
Episode 146: The How of Happiness Avoid Overthinking and Social Comparison
Send us Fan MailIn the book, The How of Happiness, Dr. Sonja Lynbomirsky outlines 12 activities to increase overall happiness by shifting one's baseline. For 2025, each month will have an episode that talks about activities that can help increase happiness by adjusting that baseline upwards. This month’s episode is about avoiding overthinking and social comparison. Tune in to learn about acti
Recommended
پلی لیست | PlayList
English with Olivia | Slow Conversations & Vocabulary
Conspiracy Files with Paige Carter
Learn English A2 with Daily News | Simple English Listening Practice
Bible Tea
Bad Friends
Fantasy Flex
Solved Murders - True Crime Stories
紐約鳥｜New York Aperture
The Swerve Podcast: Obscure Topics | Conspiracy Theories
The Bread and Banter Podcast
The Church of What's Happening Now: The New Testament
