On this episode of the Your Financial Pharmacist podcast, Tim Ulbrich interviews Travis Hornsby, founder of Student Loan Planner, about his journey starting the Student Loan Planner, the most common mistakes he sees pharmacists making with their student loans, the pros and cons of student loan refinancing, what legislative changes he anticipates will happen and the one step you can take today if you are feeling overwhelmed with where to go next with your student loans. Mentioned on the Show LendKey Student Loan Planner YFP 018: Maximizing the Benefits of Public Service Loan Forgiveness YFP 078: Is Pursuing the Public Service Loan Forgiveness Program a Waste? Student Loan Planner Blog: TEPSLF Program: Lessons from a Reader Who Got Her Loans Forgiven YFP Community YFP Planning Student Loan Planner Podcast Email Student Loan Planner Student Loan Planner Blog

On this episode of the Your Financial Pharmacist podcast, Tim Church, YFP team member, interviews Dr. Jessica Louie about how to spark joy as an entrepreneur.  Jessica is a Board-Certified Critical Care Pharmacist and Assistant Professor of Pharmacy Practice. She is also a multi-passionate entrepreneur with 3 small businesses. Jessica is the CEO of Clarify Simplify Align, High Performance Life Coach, Professional Organizer and Certified KonMari Consultant. Mentioned on the Show: YFP Giveaway: Tax Preparation and Filing Services Petite Style Script Like to Know It Rewards Style Simon Sinek Clarify Simplify Align KonMari Method The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing by Marie Kondo Spark Joy: An Illustrated Master Class on the Art of Organizing and Tidying Up by Marie Kondo Start with Why: How Great Leaders Inspire Everyone to Take Action by Simon Sinek     High Performance Habits: How Extraordinary People Become that Way by Brendan Burchard Soulful Simplicity: How Living with Less Can Lead to So Much More by Courtney Carver Grit: The Power of Passion and Perseverance by Angela Duckworth Contact Dr. Jessica Louie

On this episode of the Your Financial Pharmacist podcast, Tim Ulbrich, YFP Co-founder, interviews Dr. Patrick Yoder, Co-founder and CEO of LogicStream Health. Tim asks Patrick about the entrepreneurial journey he took from getting his PharmD from the University of Iowa to starting as a clinical pharmacist at Lake Regional Health-System to serving as the Director then VP of Clinical Development and Informatics at Wolters Kluwer to being the Co-Founder and CEO of LogicStream Health since 2013. Mentioned on the Show PolicyGenius LogicStream Health™ Drug Shortage App from LogicStream Health™ YFP Facebook Group Start: Punch Fear in the Face, Escape Average and Do Work That Matters by Jon Acuff The 4-Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss Tribe of Mentors: Short Life Advice from the Best in the World by Timothy Ferriss The Innovator’s Prescription: A Disruptive Solution for Health Care by Clayton M. Christensen To Sell Is Human: The Surprising Truth About Moving Others by Daniel H. Pink The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz 

On this episode of the Your Financial Pharmacist podcast, Tim Church, YFP team member, interviews Brandon Dyson, co-founder of TL;DR Pharmacy, for another edition for the side hustle series. TL;DR Pharmacy is a website that simplifies dense clinical topics and provides resources to help student pharmacists, residents, and new practitioners. Mentioned on the Show YFP Giveaway YFP Facebook Group The Go-Giver: A Little Story About a Powerful Business Idea by Bob Burg and John David Mann YFP Blog: Money Talks: The Cost of the Pharmacy Residency Quest TL;DR Pharmacy Mastering the Match: How to Secure a Pharmacy Residency Pharmacy School: The Missing Manual E-Book Alex Barker, The Happy PharmD 100 Strong Residency Interview Questions, Answers, and Rationales by Brandon Dyson and Tony Guerra Discover Your Talent Podcast with Tony Guerra 7 Figure Pharmacist by Tim Church and Tim Ulbrich APhA The Compound Effect: Jumpstart Your Income, Your Life, Your Success by Darren Hardy Contact Brandon Dyson    

On this episode of the Your Financial Pharmacist podcast, Tim Church leads another edition of the Side Hustle Series where he talks about ways you can create additional streams of income to reach your financial goals faster. This episode features Dr. TJ Allan, a pharmacist and entrepreneur who owns three gyms and is now teaching others how to open their own gym. Mentioned on the Show LendKey YFP 081: New Year Financial Game Plan Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! by Robert T. Kiyoaski Tony Robbins John Maxwell The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses by Eric Ries The E Myth Revisited: Why Most Small Business Don’t Work and What to Do About It by Michael E. Gerber The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller Contact TJ Allan

On episode 82 of the Your Financial Pharmacist Podcast, Tim Ulbrich, co-founder of YFP, welcomes Joe Baker and Blake Johnson to the show. They talk about Blake’s journey paying off $150,000 in student loans in three and a half years and how the class he took at the University of Arkansas, taught by Joe Baker, helped prepare him to be on his way to achieving financial freedom. Joe Baker's Dirty Dozen Tips on Getting Rich Invest in appreciable items, such as education and house. Minimize depreciable items, such as car, clothes, etc. Student loan money should be spent on bare necessities. Utilize the time value of money. Time is on your side when you are young. Max out on your 401(k), 403(b), Roth 401(k) and Roth IRA. Stocks, Bonds & Cash. 100% – your age = % in stocks. Stock Index Funds or Target Date Fund (2055 Fund).  At the minimum, contribute enough for employer match – free money! Save money consistently and systematically throughout your life (dollar cost averaging). Don’t take money out of your retirement account. Penalties and taxes will apply. Make sure your future spouse has the same financial goals as you. Pre-marital counseling that includes financial goals and spending habits. If already married, try to get on the same financial page. Dave Ramsey offers a Financial Peace Workshop. Stay away from credit cards. “If I cannot pay balance off each month, I cannot afford it!” Debt is NOT your friend. ALL debt is bad. Proverbs 22:7 A vehicle is NOT who you are – it's transportation only! Beware of the illusion of wealth. This is one of the biggest obstacles in wealth accumulation. Keep an eye on the small choices you make in life. Buying Starbucks Coffee. Drink water at restaurants! Avoid lotteries, multi-level marketing (pyramid schemes) and time shares. Choose a 15 or 20 year mortgage over a 30 year. Pay 20% down (avoids Private Mortgage Interest). Make additional payments toward the principal. Protect your assets! Adequate personal liability coverage. Life & disability coverage protection. Have your own individual pharmacist liability policy. Read Seven Figure Pharmacist by Tim Ulbrich, Pharm.D & Tim Church, Pharm.D. Sign up for Your Financial Pharmacist blog.  Kiplinger's & Investopedia, like on Facebook. Make a difference in your family, community & place of worship. This will make you wealthy in your heart, body and soul. Amen! Mentioned on the Show YNAB. Giveaway Larry Burkett Dave Ramsey YFP 057: The Power of Automating Your Financial Plan 7 Figure Pharmacist by Tim Ulbrich, PharmD and Tim Church, PharmD Investopedia: Are You In the Top 1% of The World? Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! by Robert T. Kiyosaki Bigger Pockets YFP 068: Pros/Cons of the Dave Ramsey 7 Baby Steps Contact Joe Baker The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by David Bach

The Money Care Specialists Podcast takes financial health assessments to the next level bringing healthcare practitioners bite-sized, real-life, and on-air financial cases that might very well be their own. Money Care Specialists Facebook Group

On episode 81 of the Your Financial Pharmacist Podcast, Tim Ulbrich, YFP co-Founder, and Tim Baker, YFP team member and CFP, kick off 2019 by talking about a New Year financial game plan. Tim and Tim discuss 5 financial moves you should be making to ensure you get this year started off the right way. Mentioned on the Show Script Financial You Need A Budget (YNAB.) - Giveaway YNAB. YFP 080: 10 Financial Moves to Make Before the New Year BiggerPockets YFP 032: Find Your Why (Part 1) - 3 Life Planning Questions w/ Tim & Jess Ulbrich YFP 033: Find Your Why (Part 2) - The Path to Success w/ Tim & Jess Ulbrich YFP 079: Is It Time to Redefine Retirement? w/ Nick Ornella 7 Figure Pharmacist by Tim Ulbrich and Tim Church YFP Budget Tool Mint YFP 057: The Power of Automating Your Financial Plan YFP 070: Pre-Planning for Tax Season w/ Paul Eikenberg YFP Tax Prep Dave Ramsey’s Financial Peace University YFP Legacy Folder Checklist Your Financial Pharmacist YFP Facebook Group The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki YFP Book Club

On episode 80 of the Your Financial Pharmacist Podcast, Tim Ulbrich, Co-Founder of YFP, and Tim Baker, YFP Team Member and CFP, hit replay from one of their favorite episodes in 2017 to talk through 10 financial moves they think you should make before or after the new year.

On episode 079, Tim Ulbrich, co-founder of Your Financial Pharmacist, interviews Dr. Nick Ornella, a 2009 graduate of Ohio Northern University, about his journey paying off his student loans in 10 months and shortly after taking one year off to travel the world. Tim and Nick talk about redefining the concept of retirement and why the concept of mini-retirements are gaining traction. They finish the show up by getting practical with 7 steps you can take to plan for a year off.   Mentioned on the Show Script Financial Young Professional’s Guide to a Year Off The 4-Hour Work Week: Escape 9-5, Live Anywhere, and Join the New Rich by Timothy Ferriss Vagabonding: An Uncommon Guide to the Art of Long-Term Travel by Rolf Potts How to Travel the World: Travel Cheaper, Longer, Smarter by Matt Kepnes Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money - That The Poor and the Middle Class Do Not by Robert T. Kiyosaki YFP 032: Find Your Why (Part 1) - 3 Life Planning Questions w/ Tim & Jess Ulbrich YFP 033: Find Your Why (Part 2) - The Path to Success w/ Tim & Jess Ulbrich Year Off Blog: The 7 Financial Steps to a Year Off Year Off Blog: Calculate Your Year Off Age

On episode 78 of the Your Financial Pharmacist podcast, Tim Ulbrich, YFP co-founder, and Tim Baker, YFP Team Member and CFP, give an update on the Public Service Loan Forgiveness (PSLF) Program and discuss whether or not this program is still a viable option for pharmacists considering the recent data published showing 99% of applicants for PSLF were denied. Mentioned on the Show CommonBond YFP Resource: Crush Your Loans YFP Blog: Ultimate Guide to Student Loans YFP Facebook Group NPR Article YFP 018: Maximizing the Benefits of Public Service Loan Forgiveness (PSLF) YFP Blog

On Episode 77 of the Your Financial Pharmacist podcast, Tim Ulbrich, founder of Your Financial Pharmacist, interviews Dr. Michael Murphy, a 2018 PharmD graduate of THE Ohio State University College of Pharmacy and current PGY1 pharmacy practice resident in ambulatory care at Ohio State.  Dr. Murphy served as the APhA-ASP National President from 2017-2018. In this episode, Dr. Murphy and Tim talk about his financial transition from student to resident, what he wishes he would have known financially during pharmacy school and how being involved in professional organizations has put him on the fast track to a successful career.   Mentioned on the Show APhA YFP Episode 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions YFP Financial Planner Start: Punch Fear in the Face, Escape Average and Do Work That Matters by John Acuff The Mayor of Castor Street: The Life and Times of Harvey Milk by Randy Shilts YFP and APhA Partnership Your Financial Pharmacist

On episode 76 of the Your Financial Pharmacist podcast, Tim Ulbrich, founder of Your Financial Pharmacist, and Tim Baker, YFP Team Member and owner of Script Financial, wrap up a month-long series focused on investing by fielding questions posed by, YOU, the YFP Community. Mentioned on the Show Policygenius YFP Facebook Group YFP Episode 075: DIY, Robo or Hire A Planner? YFP Episode 074: Evaluating Your 401(k) Plan YFP Episode 073: How to Determine the Priority of Investing YFP Episode 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions YFP Email YFP Episode 026: Baby Stepping Your Financial Plan - The 2 Things to Focus on First YFP Episode 068: Pros/Cons of the Dave Ramsey 7 Baby Steps YFP Episode 070: Pre-Planning for Tax Season Seven Figure Pharmacist by Tim Church and Tim Ulbrich Tim Baker’s Student/Resident Package Simple Wealth, Inevitable Wealth: How You and Your Financial Advisor Can Grow Your Fortune in Stock Mutual Funds by Nick Murray The Laws of Wealth: Psychology and the Secret to Investing Success by Daniel Crosby The Index Revolution: Why Investors Should Join It Now by Charles Ellis YFP Episode 019: How Do Health Savings Accounts (HSA) Fit Into a Financial Plan?

On episode 75 of the Your Financial Pharmacist podcast, Tim Ulbrich, founder of YFP, and Tim Baker, YFP team member and owner of Script Financial, continue YFP’s month-long series on investing by talking about the pros and cons of a DIY approach to investing compared to utilizing a robo advisor or hiring a financial planner. Mentioned on the Show Script Financial YFP Episode 015: Financial Planning Series Interview with Tim Baker (Part 1) YFP Episode 016: Financial Planning Series Benefits of a Financial Planner (Part 2) YFP Episode 017: Financial Planning Series Questions to Ask - Hiring a Planner (Part 3) YFP Episode 054: Why Fee-Only Financial Planning Matters YFP Episode 055: Why You Should Care How a Financial Planner Charges YFP Facebook Group Seven Figure Pharmacist by Tim Church and Tim Ulbrich NerdWallet Investopedia Simple Wealth, Inevitable Wealth: How You and Your Financial Advisor Can Grow Your Fortune in Stock Mutual Funds by Nick Murray YFP Blog: Are You Making This $1 Million Mistake NerdWallet Best Robo-Advisors: 2018 Top Picks YFP Episode 032: Find Your Why (Part 1) - 3 Life Planning Questions YFP Episode 033: Find Your Why (Part 2) - The Path To Success Hire A Planner XY Planning Network Unshakeable: Your Guide to Financial Freedom by Tony Robbins

On Episode 74 of the Your Financial Pharmacist podcast, Tim Church, Your Financial Pharmacist Team Member, and Tim Baker, owner of Script Financial and YFP Team Member, discuss how to evaluate your 401k plan and understand some of the fees associated with it.   Mentioned on the Show Script Financial YFP Facebook Group Bright Scope Tony Robbins

On Episode 73 of the Your Financial Pharmacist podcast, Tim Ulbrich, founder of Your Financial Pharmacist, and Tim Church, YFP Team Member, continue a month long series on investing by talking through the various retirement/investing options available, key principles for retirement savings, and how to prioritize where you put your money. Mentioned on the Show Policygenius YFP 068: Pros/Cons of the Dave Ramsey 7 Baby Steps The White Coat Investor YFP 019: How Do Health Savings Accounts (HSA) Fit Into a Financial Plan? YFP Facebook Group Script Financial Your Financial Pharmacist  

On Episode 72 of the Your Financial Pharmacist Podcast, Tim Church, YFP Team Member, and Tim Baker, YFP Team Member and Founder of Script Financial, discuss how behavioral bias can impact investing decisions and why they are so important to have on your radar. Mentioned on the Show CommonBond Study: Behaving Badly by James Montier Study: Does the Stock Market Overreact? by Werner De Bondt and Richard Thaler

On Episode 71 of the Your Financial Pharmacist Podcast, Tim Ulbrich, Founder of YFP, and Tim Baker, YFP Team Member and Founder of Script Financial, tackle 10 listener questions that were posed in the YFP Facebook Group covering a wide array of topics like investing, student loans, taxes, and more. Mentioned on the Show CommonBond YFP Facebook Group Have a question about investing? Ask us! YFP Episode 70: Pre-Planning for Tax Season with Paul Eikenburg Nate Hedrick, Real Estate RPH YFP Episode 69: Carissa Explains It All: How One Pharmacist is Accelerating Her Financial Goals Through Rodan & Fields YFP Episode 63: Intro Into the Side Hustle Series YFP Episode 38: The Happy PharmD’s Journey to Becoming Debt Free with Alex Barker Tony Guerra’s Pharmacy Leaders Podcast YFP Episode 53: One Pharmacist’s Journey From Financial Ignorance to Financial Independence with Tony Guerra Nuts and Bolts to Hiring a Financial Planner Guide YFP Episode 15: Financial Planning Series Interview with Tim Baker (Part 1) YFP Episode 16: Financial Planning Series Benefits of a Financial Planner  (Part 2) YFP Episode 17: Financial Planning Series Questions to Ask - Hiring a Planner (Part 3) YFP Episode 62: The ‘Other’ Forgiveness YFP Episode 18: Maximizing the Benefits of Public Service Loan Forgiveness YFP Student Loan Course Schedule a Tax Review Student Loan Refinance Calculator Have a question and want it featured on the show?

On Episode 70 of the Your Financial Pharmacist Podcast, Tim Baker, YFP Team Member and owner of Script Financial, talks with special guest Paul Eikenberg. Paul works alongside Tim at Script Financial and handles all of the tax planning and preparation for Script clients. On this episode, they discuss the new changes to the tax code and what you can do to prepare for tax season. Mentioned on the Show Policy Genius Script Financial Script Financial Tax Review

On Episode 069 of the Your Financial Pharmacist Podcast, Tim Church, YFP Team Member, hosts another edition of the Side Hustle Series featuring an interview with Dr. Crissy Mahl, a pharmacist and entrepreneur from Yuma, Arizona. Crissy talks about her pharmacy career path and how she became interested in entrepreneurship. She started working for Rodan and Fields and has created a significant side income. Mentioned on the Show Splash Financial Rodan and Fields The ONE Thing: The Surprisingly Simple Truth Behind Extraordinary Results by Gary Keller and Jay Papasan Contact Dr. Crissy Mahl

On Episode 068 of the Your Financial Pharmacist Podcast, Tim Ulbrich, Founder of Your Financial Pharmacist, and Tim Baker, YFP Team Member and owner of Script Financial, discuss the pros and cons of Dave Ramsey’s 7 Baby Steps and how they apply to the pharmacy professional. Mentioned on the Show Splash Financial Real Estate RPh Dave Ramsey’s 7 Baby Steps YFP Facebook Group XY Planning Network YFP 026: Baby Stepping Your Financial Plan - The 2 Things to Focus on First YFP Blog: Why Having An Emergency Fund Matters Dave Ramsey’s Financial Peace University Dave Ramsey Podcast YFP Student Loan Course Script Financial YFP 022: The Power of Giving - Thanksgiving 2017 Schedule a Free Call with Tim Baker, CFP Your Financial Pharmacist    

On Episode 067 of the Your Financial Pharmacist Podcast, Tim Ulbrich, Founder of Your Financial Pharmacist, is joined by Nate Hedrick, The Real Estate RPh, to wrap up the month long series on home buying by taking questions from the YFP Community in a rapid fire Q&A format. Mentioned on the Show Splash Financial Real Estate RPh YFP Episode 064: 6 Steps to Home Buying (Part 1) YFP Episode 065: 6 Steps to Home Buying (Part 2) YFP Episode 066: 10 Home Buying Lessons Learned Home Buying Quick Start Guide YFP Episode 56: Rapid Fire Student Loans Q&A YFP Episode 61: Rapid Fire Insurance Q&A YFP Facebook Group Ally.com Script Financial YFP Episode 009: Interview with Carrie Carlton Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki

On Episode 066 of the Your Financial Pharmacist Podcast, Tim Ulbrich, Founder of Your Financial Pharmacist, talks through 10 home buying lessons that he learned over the past few months as his family makes the move from Northeast Ohio to Columbus. He shares the good, the bad, and the ugly and hopes these lessons learned will help you in your home buying journey. Mentioned on the Show Commonbond YFP Episode 064: 6 Steps to Home Buying (Part 1) YFP Episode 065: 6 Steps to Home Buying (Part 2) Real Estate RPh YFP Facebook Group Send in Questions for Real Estate Rapid Fire Q&A Homebuying Quick Start Guide Script Financial Wyndam Capital Mortgage Dave Ramsey The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Tom Stanley New York Times Rent or Buy Calculator  

On Episode 065 of the Your Financial Pharmacist Podcast, Tim Ulbrich is joined by Nate Hedrick, the Real Estate RPh, to continue a two part series covering the 6 steps every pharmacist should consider during the home buying process. Mentioned on the Show Commonbond Real Estate RPh Homebuying Quick Start Guide YFP Episode 064: 6 Steps to Homebuying (Part 2) YFP Facebook Group Send in Questions for Real Estate Rapid Fire Q&A Contact Nate Hedrick, Real Estate RPH  

On Episode 064 of the Your Financial Pharmacist Podcast, Tim Ulbrich, founder of Your Financial Pharmacist, is joined by Nate Hedrick, the Real Estate RPh, as they kick off a two part series covering the 6 steps every pharmacist should consider during the home buying process. Mentioned on the Show Commonbond Real Estate RPh Homebuying Quick Start Guide YFP Episode 040: Ten Things Every Pharmacist Should Know About Home Buying Part 1 YFP Episode 041: Ten Things Every Pharmacist Should Know About Home Buying Part 2 Zillow Realtor.com Contact Nate Hedrick, Real Estate RPH

On this Bonus Episode of the Your Financial Pharmacist Podcast, Tim Ulbrich, founder of Your Financial Pharmacist, interviews Matt and Nikki Javit from Passport Joy about their journey of walking away from their successful careers to travel the world full-time. Matt and Nikki talk about what inspired their journey, how they are managing to do this financially and travel tips and hacks they have learned along the way. Mentioned on the Show Real Estate RPH Passport Joy Passport Joy Podcast Pharmacy Leaders Podcast with Tony Guerra, PharmD The Compound Effect by Darren Hardy Workaway Trusted Housesitters Airbnb

On Episode 063 of the Your Financial Pharmacist Podcast, Tim Church, YFP Team Member, introduces a new segment called the Side Hustle Series to talk about ways pharmacists can create additional streams of income to reach financial goals faster and to highlight pharmacists who are doing this to help you get inspired. In previous episodes, topics about how to budget, limit and cut expenses, and being frugal have been talked about, but what hasn’t been discussed as much is increasing or maximizing income. As you may know, there is incredible buzz and interest around the topic of a side hustle for pharmacists and many have a side hustle to earn extra income and pursue other interests and passions. Mentioned on the Show Script Financial YFP Episode 053: One Pharmacist’s Journey from Financial Ignorance to Financial Independence with Tony Guerra, PharmD YFP Episode 009: Interview with Carrie Carlton The Happy PharmD YFP Episode 007: Maximizing Your Income with Alex Barker, PharmD When Eating Right Isn’t Enough: The Top 5 Medications to Control Your Type 2 Diabetes by Tim Church, PharmD Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD Your Financial Pharmacist The Smart Passive Income Podcast The Go Giver: A Little Story About a Powerful Business Idea by Bob Burg 53 Side Hustles Any Pharmacist Can Easily Start by Alex Barker Email YFP About Your Side Hustle

On Episode 062 of the Your Financial Pharmacist Podcast, Tim Baker, owner of Script Financial and YFP Team Member, and Tim Church, YFP Team Member, talk about the ‘other’ forgiveness through the federal loan system. Many borrowers aren’t aware that this program exists, so Tim and Tim spend this episode shining a light on the details of the program and who should consider it. Mentioned on the Show YFP Student Loan Refinancing Resources Script Financial YFP Episode 018: Maximizing the Benefits of Public Service Loan Forgiveness YFP Student Loan Course YFP Blog: Defining and Calculating Discretionary Income for Student Loans Set Up a Taxable or Brokerage Account

On Episode 061 of the Your Financial Pharmacist Podcast, Tim Ulbrich, Founder of YFP, is joined by YFP team members Tim Church & Tim Baker to field insurance questions posed by the YFP community via the YFP Facebook Group in a rapid fire format. Whether it’s life, disability or liability insurance, having the right amount, not too much and not too little of insurance protection is essential to your financial plan. Mentioned on the Show Policy Genius YFP Episode 056: Rapid Fire Student Loan Q&A with Tim, Tim & Tim YFP Episode 044: How to Determine Your Life Insurance Needs YFP Episode 045: How to Determine Your Disability Insurance Needs YFP Facebook Group YFP Life Insurance Guide Seven Figure Pharmacist by Tim Ulbrich, PharmD and Tim Church, PharmD Pharmacists Mutual HPSO APhA

On Episode 60 of Your Financial Pharmacist Podcast, Tim Ulbrich, Founder of Your Financial Pharmacist, interviews Brianne Porter, a new practitioner and faculty member at The Ohio State University College of Pharmacy, all about her journey of going into more than $220,000 of student loan debt, the plan she has put together to pay off this debt and the lessons she has learned along the way. About Today’s Guest Brianne Porter, PharmD, MS is Assistant Professor of Pharmacy Practice at The Ohio State University College of Pharmacy. She is primarily responsible for co-coordinating and teaching in Integrated Pharmacotherapy 1 and 2. Her research interests include community practice advancement and the scholarship of teaching and learning. In addition to her position with the college, she moonlights with a local independent pharmacy to bring those skills and experiences to the classroom. Brianne is actively engaged in APhA, serving as the Chair of the NPN Education Standing Committee, AACP, and OPA. She is passionate about community pharmacy practice and about getting students excited about and prepared for upcoming changes in community pharmacy practice. Mentioned on the Show YFP Student Loan Course YFP Facebook Group Seven Figure Pharmacist by Tim Ulbrich, PharmD and Tim Church, PharmD

On Episode 59 of Your Financial Pharmacist Podcast, Tim Baker, founder of Script Financial and YFP Team Member, interviews Adam and Brittany Patterson. On Episode 31, Adam detailed how they paid off $211,000 of student loan debt in 26 months.  Adam and Brittany are 2015 graduates from Auburn University Harrison School of Pharmacy. Brittany is a pharmacist at Children's Healthcare of Atlanta. Adam is a pharmacist at Northeast Georgia Medical Center and Assistant Pharmacy Manager at Publix Pharmacy. Mentioned on the Show YFP Student Loan Refinancing Resources YFP Episode 031: One Pharmacist’s Journey to Paying Off $211,000 in 26 Months Mint.com Script Financial Dave Ramsey Alabama Pharmacy Association (APA) National Community Pharmacists Association (NCPA) YFP Facebook Group

On Episode 58 of the Your Financial Pharmacist Podcast, YFP Founder Tim Ulbrich interviews pharmacy thought leader Deeb Eid, host of the Pharmacy Universe podcast, about how rising student debt loads and a tightening job market are impacting the return on investment of the pharmacy degree. Deeb Eid, PharmD started his pharmacy journey as a pharmacy technician learning the building blocks of what both efficient and non-efficient workflow operations could look like. He gained a deep appreciation for the role and potential of the pharmacy technician and continued forward with Bachelors and Doctor of Pharmacy degrees from The University of Toledo College of Pharmacy & Pharmaceutical Sciences in Ohio. His talents took him to Washington D.C. to become the inaugural Executive Resident in Association Management & Leadership at the Pharmacy Technician Certification Board. While traveling the country, he was able to present, meet with, and discuss the challenging and evolving atmosphere within pharmacy with a variety of stakeholders. He now serves as an Assistant Professor and Experiential Coordinator at Ferris State College of Pharmacy in Grand Rapids, MI working to mentor and inspire students while creating new avenues and opportunities. Deeb is the Founder and Content Strategist of Pharmacy Universe which is a social platform whose vision is to socially educate and engage the world about #Pharmacy. Mentioned on the Show Script Financial Pharmacy Universe Podcast American Association of Colleges of Pharmacy (AACP) American Pharmacists Association (APhA) Pharmacy Universe Episode 004: Finance and Education (Your Financial Pharmacist, Dr. Tim Ulbrich) Pharmacy Technician Certification Board (PTCB) YFP Episode 004: The Landscapes of Student Loans In Pharmacy Education with Dr. Joey Mattingly AACP Graduating Student Survey AACP Enrollment AACP Degrees Conferred Pharmacy Manpower Index (Pharmacist Demand Indicator) Bureau of Labor Statistics (Pharmacist) YFP Episode 053: One Pharmacist’s Journey From Financial Ignorance to Financial Independence with Tony Guerra, PharmD Munger MA, Gordon E, Hartman J, et al. Community pharmacists’ occupational satisfaction and stress: A profession in jeopardy? J Am Pharm Assoc. 2013; 53(3): 282-96.2013  Ohio Pharmacists Association (OPA) Art of Manliness Podcast How I Built This Podcast Impact Theory with Tom Bilyeu The Third Door: The Wild Quest to Uncover How the World’s Most Successful People Launched Their Careers by Alex Banayan  

On Episode 057 of the Your Financial Pharmacist Podcast, Tim Ulbrich gets practical to talk about why automation matters when it comes to achieving your financial goals and specific ways you can automate your own financial plan. We will hear from the YFP Community about different ways that they automate their financial plan. Mentioned on the Show YFP Facebook Group YFP Episode 008: Developing a Millionaire Mindset I Will Teach You To Be Rich by Ramit Sethi YFP Episode 048: Mo’ Money, Mo’ Problems: Making the Financial Transition to New Practitioner Life YFP Blog YFP Podcast YFP Episode 026: Baby Stepping Your Financial Plan - The 2 Things to Focus On First YFP Budget Template 5 Steps to Creating Your Best Budget Script Financial Public Service Loan Forgiveness Program Student Loan Refinancing Resources Ally Financial Inc. YFP Email  

On Episode 056 of the Your Financial Pharmacist Podcast, I put Tim Church and Tim Baker on the spot with your student loan questions in a rapid fire format. If you are looking to get started with a game plan to tackle your own student loans, check out our free Student Loan Quick Start Guide at yourfinancialpharmacist.com/studentloanguide...again that’s yourfinancialpharmacist.com/studentloanguide Mentioned on the Show YFP Student Loan Quickstart Guide Real Estate RPH YFP Facebook Group YFP Email YFP Episode 026: Baby Stepping Your Financial Plan - The 2 Things to Focus On First YFP Student Loan Course YFP Episode 018: Maximizing the Benefits of Public Service Loan Forgiveness YFP Episode 049: Ask Tim & Tim - Should I Pay Off My House Early or Invest? YFP Episode 047: Best Practices for Car Buying You Need a Budget: The Proven System for Breaking the Paycheck-to-Paycheck Cycle, Getting Out of Debt, and Living the Life You Want by Jesse Mecham YFP Episode 031: One Pharmacist’s Journey to Paying Off $211,000 in 26 Months YFP Episode 048: Mo Money Mo Problems: Making the Financial Transition to the New Practitioner Life Better Business Bureau Nerd Wallet YFP Episode 029: Refinancing Your Student Loans Part 1 YFP Episode 030: Refinancing Your Student Loans Part 2 YFP Student Loan Refinancing Guide and Resources

On Episode 055 of the Your Financial Pharmacist Podcast, Tim Baker and I talk about the variety of ways in which financial planners get paid and why you should care about how a financial planner charges (Hint: It can impact the quality of the advice that you are getting). Mentioned on the Show What to Look For in a Financial Planner and Nuts & Bolts Guide to Hiring a Financial Planner Script Financial YFP Episode 054: Why Fee-Only Financial Planning Matters YFP Episode 049: Ask Tim & Tim: Should I Pay Off My House Early or Invest? Unshakeable: Your Financial Freedom Playbook by Tony Robbins YFP Blog: Are You Making This $1 Million Dollar Mistake? How a 1% Fee Could Cost Millennials $590,000 in Retirement Savings Bankrate Simple Savings Calculator YFP Episode 032: Find Your Why (Part 1) - 3 Life Planning Questions YFP Episode 033: Find Your Why (Part 2) - The Path to Success YFP Facebook Group

On Episode 054 of the Your Financial Pharmacist Podcast, Tim Ulbrich, PharmD interviews YFP team member, owner of Script Financial and fee-only Certified Financial Planner, Tim Baker about why he left his old financial planning firm in 2016 to start Script Financial. Script Financial is a financial planning firm dedicated to helping pharmacists meet their financial goals. Tim & Tim talk through why fee-only financial planning matters and why a revolution of fee-only planning is happening today. Head on over to http://yourfinancialpharmacist.com/financial-planner to get information on what to look for in a financial planner, to download the free guide ‘Nuts & Bolts to Hiring a Financial Planner’ and to learn more about the financial planning services offered by Script Financial. Mentioned on the Show Script Financial YFP Financial Planner YFP Episode 049: Ask Tim & Tim: Should I Pay Off My House Early or Invest? YFP Episode 015: Financial Planning Series Interview with Tim Baker Part 1 YFP Episode 016: Financial Planning Series Benefits of a Financial Planner Part 2 YFP Episode 017: Financial Planning Series Questions to Ask - Hiring a Planner Part 3 YFP Episode 032: Find Your Why (Part 1) - 3 Life Planning Questions YFP Episode 033: Find Your Why (Part 2) - The Path to Success XY Planning Network XYPN Radio: XY Planning Network Podcast

On Episode 053 of the Your Financial Pharmacist Podcast, YFP team member Tim Ulbrich interviews Dr. Tony Guerra, an author, podcaster, entrepreneur, real-estate investor, educator and father to triplet girls that has an incredible story to share going from financial ignorance to financial independence. Tony talks about his financial journey, his various business ventures, and how and when his mindset shifted that allowed him to be on the path to financial independence. About Our Guest Tony Guerra graduated with a Doctorate of Pharmacy from the University of Maryland in 1997 and has followed a non-traditional career path to best suit his needs and interests. Tony has taken on the roles of pharmacist, homeowner, professor, real estate agent, author, mentor, podcast host, husband, and father of triplet girls while continually striving for financial independence. Through motivation and creative entrepreneurial thinking, Tony has created a lifestyle that allows him to focus on his family and his passions. You can learn more about Tony and his work at http://MemorizingPharmacology.com Mentioned on the Show Memorizing Pharmacology: A Relaxed Approach by Tony Guerra How to Pronounce Drug Names: A Visual Approach to Preventing Medication Errors by Tony Guerra Memorizing Pharmacology Mnemonics: Pharmacology Flashcards and Fill-Ins for the Future Nurse, Doctor, Physician Assistant, and Pharmacist by Tony Guerra Seven Figure Pharmacist by Tim Church and Tim Ulbrich First Time Pharmacist: Everything you didn’t learn in class or on-the-job training by Richard Waithe YFP Student Loan Course for Pharmacists Script Financial Brian Buffini Blair Thielemeir The New York Times Rent to Buy Calculator YFP Episode 040: 10 Things Every Pharmacist Should Know About Home Buying Part 1 YFP Episode 041: 10 Things Every Pharmacist Should Know About Home Buying Part 2 Pharmacy Leader’s Podcast Your Pursuit of Purpose Podcast The Five Love Languages: The Secret to Love that Lasts by Gary Chapman The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley and William D. Danko  

On Episode 52 of the Your Financial Pharmacist Podcast, YFP Team Member Tim Ulbrich walks through 5 steps that you should take to crush your student loans. More specifically, these 5 steps will help you begin to develop a payoff strategy and plan that is best for your personal situation. This episode is filled with lots of action steps that have been summarized in the YFP Student Loan Quick Start Guide that is available to download for free at http://www.yourfinancialpharmacist.com/studentloanguide Mentioned On The Show YFP Student Loan Quick Start Guide YFP Student Loan Course for Pharmacists AACP Graduating Student Survey NSLDS.ed.gov StudentLoans.gov - Loan Repayment Estimator AnnualCreditReport.com YFP Episode 004: The Landscape of Student Loans in Pharmacy Education YFP Episode 005: The Impact of Rising Student Debt on a Pharmacist's Income YFP Episode 018: Maximizing the Benefits of Public Service Loan Forgiveness (PSLF) YFP Refinance Resource Page

On Episode 51 of the Your Financial Pharmacist Podcast, YFP Team Member Tim Baker, CFP talks the 8 things to do or avoid to evade financial purgatory after graduating from pharmacy school. Behavioral Financial - Be On Your Best Behavior Goal Setting - Know Where You Want to Go I'm Bringing Budgets Back Have A Plan For Your Debt - Enroll In Our Student Loan Course Emergency Fund (Get It Started) Major Purchases - Treat Yo'self (Just Not With A House Or A Car) Investment - Getting Started At Least With Your Employer Match Insurance - Beware, But Be Covered Mentioned On The Show The Millionaire Next Door by Dr. Thomas Stanley The Student Loan Course for Pharmacists New York Times Calculator: Is It Better to Buy or Rent?

In celebration of the 50th episode of the Your Financial Pharmacist Podcast, we have a special Debt Free Theme Hour for you where we interview Jill & Sylvain Paslier about their journey paying off $197,000 of student loan debt in 28 months. They share how they practically accomplished this goal, their strategy for working together to knock out this debt and what is next up for their financial future now that they are debt free! Mentioned on the Show Financial Peace University 

On this Ask Tim & Tim episode of the Your Financial Pharmacist Podcast, we take a listener question from Michael in Columbus, OH that has stimulated lots of conversation and debate in the YFP Facebook Group…’should I pay off my house early or would I be better off refinancing, extending the term and investing the difference?’ If you have a question you would like to have featured on the show, shoot us an email at [email protected] Mentioned on the Show YFP Episode 015 - West Point to CFP: Tim Baker’s Journey to Becoming a Fee-Only Financial Planner for Pharmacists YFP Episode 016 - 3 Reasons Why Pharmacists Should Consider Hiring a Financial Planner YFP Episode 017 - Essential Questions to Ask Before Hiring a Financial Planner YFP Episode 040 - 10 Things Every Pharmacist Should Know About Home Buying - Part 1 YFP Episode 041 - 10 Things Every Pharmacist Should Know About Home Buying - Part 2 The Millionaire Next Door by Thomas Stanley Simple Savings Calculator by Bankrate How a 1% Fee Could Cost Millennials $590,000 in Retirement Savings by Dayana Yochim and Jonathan Todd

On Episode 48 of the Your Financial Pharmacist Podcast we spotlight Dalton Fabian, a soon to be pharmacy graduate from the Drake University College of Pharmacy & Health Sciences. We ask Dalton about his current financial situation and help him think through how he and his wife can prioritize multiple competing financial priorities when making the transition from student to new practitioner. About Our Guest Dalton Fabian is a soon to be 2018 graduate of Drake University College of Pharmacy & Health Sciences. In addition to obtaining a PharmD, Dalton has a minor in Data Analytics. His career interests include health data science and using technology to make patient care more efficient and effective. During his time at Drake University, Dalton was heavily involved in various leadership opportunities focused on advocating for the profession, including serving as the Chapter President for APhA-ASP and planning health fairs for the Des Moines Community. Join APhA Join APhA now to gain premier access to YFP facilitated webinars, financial articles, live events, resources, and consultations. Your membership will also allow you to receive exclusive discounts on YFP products and services. You can join APhA at a 20% discount by visiting www.pharmacist.com/join-now and using coupon code ‘AYFP18’. For more information about our financial resources, visit www.pharmacist.com/financial-education. Mentioned on the Show The Total Money Makeover by Dave Ramsey The Dave Ramsey Show The Pete the Planner Show YFP Episode 026: Baby Stepping Your Financial Plan - The 2 Things to Focus On First YFP Episode 032:Find Your Why with Tim & Jess Ulbrich - Part 1 YFP Episode 033: Find Your Why with Tim & Jess Ulbrich - Part 2

On Episode 47 of the Your Financial Pharmacist Podcast, YFP Founder Tim Ulbrich, PharmD talks about the best practices for car buying and how to ensure car buying doesn’t get in the way of achieving other financial goals. In addition to Tim sharing his own tips and experiences, car buying recommendations from the YFP community are shared throughout the show. Mentioned on the Show Experian State of Automotive Finance Market Q4 2017 Your Financial Pharmacist Facebook Group Edmunds Kelley Blue Book The Millionaire Next Door by Thomas Stanley   

On Episode 46 of the Your Financial Pharmacist Podcast, YFP team members Tim Church, PharmD, BCACP, CDE and Tim Ulbrich, PharmD tackle the most common mistakes that pharmacists make with their student loans. Whether you are a student pharmacist or a practitioner in active repayment, this episode will help you avoid the common pitfalls surrounding student loan repayment.

On Episode 45 of the Your Financial Pharmacist Podcast, YFP team member Tim Church and Certified Financial Planner Tim Baker discuss some of the key features of disability insurance and walk through how to get the right coverage. PolicyGenius Several reputable companies offer disability insurance but it can take a lot of time and energy to get multiple quotes. YFP has partnered with Policygenius, an online independent broker to help you quickly shop multiple companies for the coverage that's right for you. They have a very user-friendly interface and their team will help you through the entire process from application to signing a policy. You can even get an estimate without entering your personal information https://www.policygenius.com/yourfinancialpharmacist

On Episode 44 of the Your Financial Pharmacist Podcast, Certified Financial Planner and YFP team member Tim Baker interviews YFP Founder Tim Ulbrich to evaluate his life insurance needs and whether or not his current coverage is adequate. To learn more about whether or not you need life insurance, the pros/cons to different types of life insurance policies, how to determine how much coverage you need and where to go to get a quote from a reputable independent broker, head on over to yourfinancialpharmacist.com/life-insurance. PolicyGenius Several reputable companies offer life insurance but it can take a lot of time and energy to get multiple quotes. YFP has partnered with Policygenius, an online independent broker to help you quickly shop multiple companies for the coverage that's right for you. They have a very user-friendly interface and their team will help you through the entire process from application to signing a policy. You can even get an estimate without entering your personal information https://www.policygenius.com/yourfinancialpharmacist Mentioned on the Show YFP Life Insurance Resource Page PolicyGenius YFP Episode 010 - Is Whole Life Insurance a Good Investment Strategy for College Savings? YFP Episode 032 - Finding Your Why (Part 1) - 3 Life Planning Questions YFP Episode 033 - Finding Your Why (Part 2) - The Path to Success

On this Ask Tim & Tim episode of the Your Financial Pharmacist Podcast, we take three YFP community member questions about investing. We discuss investment terminology, considerations for choosing investments, where non-retirement accounts come into play and the pros/cons of target date funds. If you have a question you would like to have featured on the show, shoot us an e-mail at [email protected] Mentioned on the Show Interested in becoming a beta tester for the YFP Student Loan Online Course? Sign up using coupon code LOANRX at https://courses.yourfinancialpharmacist.com/ YFP Episode 002 - Why Every Pharmacist Should Be A Millionaire (Part 1) YFP Episode 003 - Why Every Pharmacist Should Be A Millionaire (Part 2) YFP Episode 015 - West Point to CFP: Tim Baker's Journey to Becoming a Fee-Only Financial Planner for Pharmacists YFP Episode 016 - 3 Reasons Why Pharmacist's Should Consider Hiring a Financial Planner YFP Episode 017 - Essential Questions to Ask Before Hiring a Financial Planner YFP Episode 026 - Baby Stepping Your Financial Plan - 2 Things to Focus On First Vanguard Investor Questionnaire Script Financial Risk Profile Questionnaire

On this Ask Tim & Tim episode of the Your Financial Pharmacist Podcast, we take two YFP community member questions about student loans. We discuss strategies for managing student loans during residency and how soon to refinance or consolidate student loans after graduation. If you have a question you would like to have featured on the show, shoot us an e-mail at [email protected] Mentioned on the Show YFP Episode 014: Turning Student Debt Frustration Into Action (Debt Free Theme Hour w/ Derek Schwartz, PharmD) Interested in learning more about becoming a beta tester for the YFP Student Loan Online Course? Sign up at http://yourfinancialpharmacist.com/studentloans YFP Episode 018 - Maximizing the Benefits of the Public Service Loan Forgiveness (PSFL) YFP Episode 026 - Baby Stepping Your Financial Plan - The 2 Things to Focus On First YFP Episode 029 - Refinancing Student Loans - Part 1 YFP Episode 030 - Refinancing Student Loans - Part 2