Finding Financial Freedom with The Frugal Physician - Finance, Wellness, Budget, Student Loans, Wealth, Doctor, Fitness, Money

• Ep97: Recession-Proof Your Physician Finances: Expert Tips from Dr. Nisha Mehta

  Welcome back to part two of our interview with Dr. Nisha Mehta on the Finding Financial Freedom Podcast! Today, we dive into the financial side of being a physician. Dr. Nisha shares valuable insights on how physicians can build long-term financial security, prepare for economic recessions, and leverage the power of side gigs to overcome adversity. We also discuss how to maximize your W2 income for financial empowerment and what the future holds for physician side gigs. Key Topics Covered: 1. Pain Point on Being and Entrepreneur Building your business and managing it by setting boundaries 2. Getting Comfortable with Your Own Skin Being comfortable with wherever phase you are at in your life 3. Driving Change in Your Industry Learn how to turn your ideas into impactful action that drives change in the healthcare field. 4. Overcoming the Struggles of Entrepreneurship Dr. Nisha opens up about the financial and mental hurdles she faced while building a business. 5. Managing Cash Flow During Economic Uncertainty Practical solutions for physicians to safeguard their finances during times of economic instability. 6. Maximizing Your W2 Income Discover how to leverage your W2 income for greater financial empowerment and stability. 7. The Future of Physician Side Gigs Dr. Nisha shares what's next for the physician side gig community and her ongoing mission. Resources Mentioned: Physician Side Gigs Listener Takeaways: Strategies to overcome financial challenges in uncertain times. How to turn your entrepreneurial ideas into a thriving business. The importance of maximizing your W2 income while diversifying income streams. Practical advice for managing your cash flow and preparing for economic downturns. Insights into the future of physician side gigs and how you can get involved. Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Nisha Mehta, Founder, Physician Side Gigs If you're a physician looking for more autonomy and fulfillment, this episode is a must-listen!   This episode is also sponsored by Set for Life Insurance – Providing more than just insurance policies—they deliver personalized coverage and expert guidance tailored to your needs. Whether you're looking for life, disability, or long-term care insurance, their team ensures you get the best protection at the most cost-effective rates. With priority underwriting, special discounts, and access to top-rated insurers, they make securing your future simple and stress-free. Take the next step in protecting what matters most. Visit setforlifeinsurance.com or call 1-888-553-3559 today.

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• Ep96: Physician Community, Side Gigs, and Empowerment: Dr. Nisha Mehta’s Journey

  Welcome back to the Finding Financial Freedom Podcast with Dr. Disha Spath. Today, we’re joined by Dr. Nisha Mehta, a radiologist, nationally recognized thought leader in physician finance, and founder of Physician Side Gigs—a thriving community of over 200,000 physicians. In this episode, Dr. Nisha shares how she built Physician Side Gigs from the ground up, navigated the challenges of being a public figure, and leveraged her platform to create lasting change in the medical industry. She opens up about the realities of physician burnout, how to prevent it, and what it takes to channel momentum into meaningful industry transformation. Key Topics Covered: From Radiologist to Industry Leader How Dr. Nisha built Physician Side Gigs into a movement. The Challenges of Social Media Influence The trials and lessons of leading a large online community. Navigating Burnout in Medicine Identifying burnout early and strategies for prevention. Driving Change in Your Industry How to turn ideas into impactful action. Overcoming the Struggles of Entrepreneurship The financial and mental hurdles of building a business. Managing Cash Flow During Economic Uncertainty Practical solutions for physicians facing financial challenges. The Future of Physician Side Gigs What’s next for the community and Dr. Nisha’s mission. Resources Mentioned: Physician Side Gigs Listener Takeaways: How to balance clinical practice with entrepreneurship. Why burnout happens and how to prevent it. Steps to create meaningful change in your field. How to stay financially secure during economic downturns. Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Nisha Mehta, Founder, Physician Side Gigs If you're a physician looking for more autonomy and fulfillment, this episode is a must-listen!   This episode is also sponsored by Set for Life Insurance – Providing more than just insurance policies—they deliver personalized coverage and expert guidance tailored to your needs. Whether you're looking for life, disability, or long-term care insurance, their team ensures you get the best protection at the most cost-effective rates. With priority underwriting, special discounts, and access to top-rated insurers, they make securing your future simple and stress-free. Take the next step in protecting what matters most. Visit setforlifeinsurance.com or call 1-888-553-3559 today.

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• Ep95: From Burnout to Breakthrough: How Dr. Marina Capella Built a Thriving Pediatric Direct Primary Care Practice

  Defy gravity and take control of your practice! It’s time to break free from the corporate track and step into the world of Direct Primary Care. No more restrictions—just you, your patients, and the freedom to practice on your terms. Doctors, are you ready to rise? Today, we sat down with Dr. Marina Capella, an integrated pediatrician based in South Lake City, Utah. In 2021, she launched Healing Arts Pediatrics, a Direct Primary Care (DPC) practice designed to bring joy and freedom back into pediatric medicine.  Dr. Capella shares her journey of breaking free from the constraints of insurance-based healthcare, the financial realities of launching a DPC, and how she empowers other pediatricians to rediscover their passion for medicine.  Key Topics Covered: 1. Leaving Insurance-Based Healthcare Why Dr. Capella made the leap to DPC and never looked back.   2. The Flaws of Insurance-Based Care The frustrations and limitations that led her to seek a better model.   3. Burnout in Medicine Recognizing the signs and taking action to reclaim work-life balance.   4. The Financial Leap into DPC  How she prepared financially to start her practice.   5. The Costs of Starting a DPC   Breaking down the estimated expenses.   6. Path to Profitability How long it took for her practice to become financially sustainable.   7. Marketing and Community Building   The biggest challenges in establishing a DPC practice.   8. Lessons Learned as a Pediatrician What she would do differently if she started over.   9. Empowering Other Pediatricians  How she helps others find freedom in their medical careers.  Resources Mentioned: DPCPediatrician.com DPC Pediatricians Podcast   DPC Healing Arts Pediatrics Defying Healthcare Listener Takeaways: Why insurance-based healthcare may be holding doctors back.   The real costs and timeline of starting a DPC practice.   How to market and grow a successful DPC in your community.   The importance of financial planning before making the leap.  Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Marina Capella, Co-Founder of Future Minority Doctor, Physician Owner of Healing Arts Pediatrics  If you're a physician looking for more autonomy and fulfillment, this episode is a must-listen!   This episode is sponsored by Reza & Sharif CPAs - They provide more than just tax returns and financial statements—they deliver strategic financial solutions tailored to your needs. Whether you're a business owner, physician, or investor, they help you navigate complex tax laws, maximize savings, and build long-term wealth. With expert tax planning, accounting, and advisory services, they ensure your finances work for you—not the other way around. Take control of your financial future today. Visit rezasharif.com to see how they can help.   This episode is also sponsored by Set for Life Insurance – Providing more than just insurance policies—they deliver personalized coverage and expert guidance tailored to your needs. Whether you're looking for life, disability, or long-term care insurance, their team ensures you get the best protection at the most cost-effective rates. With priority underwriting, special discounts, and access to top-rated insurers, they make securing your future simple and stress-free. Take the next step in protecting what matters most. Visit setforlifeinsurance.com or call 1-888-553-3559 today.

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• Ep94: Navigating the Financial Leaps in Medical Training - From Medical Student to Resident to Attending

  Welcome back to the Finding Financial Freedom Podcast with Dr. Disha Spath. Today, we’re joined by Amy Holbrook, Associate Program Director at Abbott Northwestern Internal Medicine Residency Program and Chair Elect of the National ACP Council. Dr. Amy is passionate about helping new attendings navigate the financial shifts that come with earning their first attending paycheck.   In this episode, Dr. Amy shares how she got into financial wellness and the biggest financial mindset shifts that occur when transitioning from residency to attendingship. She breaks down key financial milestones, how to balance financial responsibilities while enjoying life, and strategies for building long-term financial stability.  Key Topics Covered: 1. From Resident to Attending: The Financial Mindset Shift The biggest financial changes new attendings face.   2. Smart Saving Strategies What percentage of income new attendings should aim to save. What to do after maxing out a 401(k).   3. Balancing Lifestyle and Financial Responsibility   Enjoying life while staying financially responsible.    The importance of understanding retirement accounts.   4. Debt vs. Retirement Savings  Should you focus on paying off debt or saving for retirement?   5. Insurance & Financial Planning Must-have insurance policies for new attendings.   6. Financial Education for New Attendings How Amy teaches residents to manage their first big paycheck.   Resources Mentioned: Take-Home Paycheck Calculator Pearson Ravitz White Coat Investor Simple Path to Wealth Millionaire Life Next Door Listener Takeaways: The key financial shifts that occur when transitioning from resident to attending.   How to build financial literacy and understand taxes.   The best strategies for saving, investing, and balancing debt.   Financial milestones every new attending should look out for.  Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Amy Holbrook   If you're a new attending looking to take control of your finances, this episode is packed with actionable insights to help you build wealth and financial confidence. Tune in now!   This episode is sponsored by Reza & Sharif CPAs - They provide more than just tax returns and financial statements—they deliver strategic financial solutions tailored to your needs. Whether you're a business owner, physician, or investor, they help you navigate complex tax laws, maximize savings, and build long-term wealth. With expert tax planning, accounting, and advisory services, they ensure your finances work for you—not the other way around. Take control of your financial future today. Visit rezasharif.com to see how they can help.   This episode is also sponsored by Set for Life Insurance – Providing more than just insurance policies—they deliver personalized coverage and expert guidance tailored to your needs. Whether you're looking for life, disability, or long-term care insurance, their team ensures you get the best protection at the most cost-effective rates. With priority underwriting, special discounts, and access to top-rated insurers, they make securing your future simple and stress-free. Take the next step in protecting what matters most. Visit setforlifeinsurance.com or call 1-888-553-3559 today.

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• Ep93: What’s Changing in the Disability Insurance Landscape with Dr. Stephanie Pearson

  In this episode of the Finding Financial Freedom Podcast, we sit down with Dr. Stephanie Pearson, a former physician turned disability insurance advocate. After experiencing firsthand the financial consequences of inadequate coverage, she now helps medical professionals secure the right disability insurance to protect their future. Stephanie breaks down the evolving landscape of disability insurance, explaining the challenges physicians face when applying for policies and how different carriers classify occupations. She also shares insights on state-specific policy variations and industry changes that could impact your financial security. Key Topics Covered: 1. From Physician to Advocate   Dr. Pearson’s journey from clinical medicine to educating physicians on disability insurance.   2. Industry Shifts in Disability Insurance   How the disability insurance market is evolving and what it means for you.   3. Understanding Occupational Classifications   Why physicians often get pigeonholed into specific risk categories.   4. Physician-Friendly Insurance Carriers   Are there companies offering better options for doctors?   5. State-by-State Policy Differences   How disability insurance coverage and regulations vary depending on where you live.   6. Real-Life Impact of Disability Insurance   A case study on how proper coverage changed a physician’s financial future.   7. Why Choose Pearson Ravitz?   What sets Pearson Ravitz apart in helping physicians secure the right coverage. Resources Mentioned: Pearson Ravitz Listener Takeaways: Not all disability insurance policies are created equal—know your options.   Occupational classification can affect your premiums and benefits.   Choosing the right insurance carrier can make a significant difference in your coverage.   State regulations may impact your policy terms and pricing.  Connect with Us: Host: Dr. Disha Spath, The Frugal Physician Guest: Dr. Stephanie Pearson, CEO and Insurance Advisor    This episode is sponsored by: PearsonRavitz – Helping physicians safeguard their most valuable assets.

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