Freedom Formula for Physicians Podcast

Hello my friends, welcome back to another episode of Freedom Formula for Physician's Podcast, the podcast dedicated to helping doctors like you slash your debt, slash your taxes, and live a liberated lifestyle.   I am excited for the start of the year here, as we are well on our way into 2018.  I would like to ask a favor-could you take 5 minutes or less to rate and review the podcast on iTunes?   I'd like to give some listener love to a few people who have recently received the podcast: Todd, KS (paraphrased)-I came across this podcast in early 2017, and it has been a wonderful addition to my morning routine and commute.  Dave has great guests on and gets right to their personal stories. These stories include financial struggles and pearls of wisdom-an an enjoyable listen. Highly recommended! Dr. Mike WM-An excellent podcast for physician's-young and old.  As doctors, we get zero business education in medical school, and Dave gives practical advice to help us on our financial journeys. Highly recommended! Th

Hello, my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast, the podcast dedicated to helping doctors like you slash your debt, slash your taxes, and live a liberated lifestyle.  And today we're focusing on the debit side of that equation.   Our next guest founded Student Loan Planner after helping his physician now wife, now wife navigates ridiculously complex student loan repayments following med school.  To date, he has personally consulted on over $200 million in student debt, personally more than anyone else in the country.  And this is a guy after my heart's own heart-he is an Eagle Scout, a CFA (chartered financial analyst, he used to do a bunch of trading back in the day.  Now, his focus is on student loan debt payment.  Please help me welcome Travis Hornsby.     In this podcast you will:   Learn how to make a strategic plan when graduating from med school with significant debt Get an inside look at Public Service Loan Forgiveness (PSLF) a

There have been some BIG changes lately with taxes and they are likely to impact you in a big way! You may have heard of the tax reform package, called appropriately, The Tax Cut & Reform Bill. However, it may not be a win for everyone. Listen to this podcast and discover why. In this podcast you will: Learn how to qualify for the 2018 child tax credit under the new tax reform bill. Discover the difference in taxes for high earners, 600K or above with a mortgage and children. In 2018 high earners have maxed out the number of their total deductions. What will happen if you have no state income tax? What states would you benefit more from by paying no state income tax? For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/ ----more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obt

Our next guest is a board-certified anesthesiologist working both in academic/private hospitals in Los Angeles. She is an entrepreneur, an author and a mother of two, and a wife. Where does she find the time? In an attempt to raise money for her start-up, she accepted the challenge and opportunity to compete as a castaway on the hit reality TV show Survivor. She was on the hit TV show during season 5 of Shark Tank. Edna has written three children’s books that celebrate cultural and racial diversity. Outside of the operating room, Edna attempts to balance work, life, and being a mother/wife. I bet she has some tips we all could use for work-life balance. Please help me welcome Dr. Edna Ma! In this podcast you will: Learn Edna's different views on debt from residency to now. Discover her influences on money and how her unique childhood affects how she handles money today. Acquire her view on what financial freedom is to her and her family. Learn how creatively juggled her anesthesiology career and her side hust

We’ve been talking a ton this year about the tax reform package and I thought it was time to bring back our most popular guest of the last year. He is a Certified Tax Coach, CPA, Business Owner, and Former New York City Police Officer with 17 years' experience on the force. He was my guest on Season 3, Episode 9 The 3 Awesome Tax Deductions I Didn't Know. I know we’re going to learn a ton today as we dive into the changes and how they impact us. Please help me welcome back Craig Cody! In this podcast you will: Learn the changes with the child tax credit and the standard deductions, how will they benefit you? Discover what the section 199 deduction is and what professions would qualify. Acquire the difference in W-2 income versus pass-through income. Gain knowledge on filing your taxes if you are an owner of multiple businesses; are separate tax returns the best way to save in taxes? For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/ ----more---

The last year we’ve spent a lot of time talking about real estate. But maybe you just don’t have the interest. You may want to get a higher return on your money than you can in a money market account or bank CD, but you don’t want to risk your savings in speculative investments and you don’t have time for real estate investing. You want to do something with your money but you don’t know what, so it’s just sitting in a non-performing bank account making next to nothing. Or maybe you have invested in speculation and lost some of your retirement funds. That's the bad news. But what if there was a way you could invest your money for high returns without shelling out a huge percentage of interest earned for fees, and you could do it without undue risk and without tenants, toilets, termites, or negotiating deals? Here’s the good news! There is a way for you to invest your money safely for high returns... and our next guest will show us how. In the last 10 years, she has been known online as The Tax Lien Lady, has

Welcome back to the Freedom Formula Physician's Podcast.  If you have been listening to me for the last year, or maybe you're brand new, what I'd like you to do is go back to the archives, and check out season 3, where I started going through this process of acquiring other assets, trying to create multiple income streams.  So this is the Quarter 4 2017 update.  I'm going to walk you through my highs, my lows, and talk through the specifics of these various ventures that I have. In this podcast you will: Discover my end game for taking on these risks Hear what's working and what's not working Learn how to protect yourself but apply wisdom and good strategy in business acquisitions Be enlightened on how time is your most valuable asset Resources mentioned in this podcast: My Financial Experiments-Q2 2017 Update My Financial Experiments-Q3 2017 Update I hope through this podcast, you see that although there is a lot of work, there is also a huge amount of opportunity.  So whether you're getting into something

My name is Dave Denniston. Welcome back my friends to the latest episode of The Freedom Formula for Physicians Podcast. My friend, as you know, I am captivated by the idea of side hustles. I have this podcast of course. I’m an author. I acquired a digital business earlier this year and now my wife and I are getting into the land flipping business. You may think that’s crazy and that’s okay! I have someone here with me who is just as crazy as I am and we are going to dig in and find out why. Our next guest is the Chief Side Hustler at Side Hustle Nation. He’s an entrepreneur involved in a variety of projects. Like any business, it has its ups and downs, which can be stressful, but he learns something new every day. He started Side Hustle Nation because he believes in the hustle. He would say... after all, what’s riskier: starting a business, or relying on your job as your only source of income? He used to work full-time for a giant corporation, but he built his biz over many nights and weekends. He believes th

There's been some BIG changes lately with taxes and they are likely to impact you in a big way! You may have heard of the tax reform package, called appropriately, The Tax Cut & Reform Bill. However, it may not be a win for everyone. Listen in to this podcast and discover why. There's a ton of numbers in this podcast! Check out the tables mentioned by clicking here. In this podcast, you will find... LOTs of numbers and calculations that may leave your head spinning What has changed and what hasn't changed for a physician couple with 200k of income living in Minnesota The difference between someone who has a 200k mortgage versus a 500k mortgage How to re-think your mortgage debt depending upon your situation What has changed and what hasn't changed for a physician couple with 200k of income living in Washington state How tax brackets have shifted and why that may be creating winners and losers Resources Mentioned or Should Have Been Mentioned In The Podcast That You Should Explore Further How The New Tax

There have been some BIG changes lately with taxes and they are likely to impact you in a big way! You may have heard of the tax reform package, called appropriately, The Tax Cut & Reform Bill. However, it may not be a win for everyone. Listen in to this podcast and discover why. Also, make sure to check out the show notes by clicking here for the tables that we're going to discuss. In this podcast, you will find... LOTs of numbers and calculations that may leave your head spinning What has changed and what hasn't changed for a physician couple with 400k of income living in Minnesota What has changed and what hasn't changed for a physician couple with 400k of income living in Washington state How tax brackets have shifted and why that may be creating winners and losers Resources Mentioned or Should Have Been Mentioned In The Podcast That You Should Explore Further How The New Tax Package Effects You- Part 1 3 Awesome Tax Deductions I Didn't Know with Craig Cody Why Proactive Tax Planning Will Change Your

Hello, my friends, this is Dave Denniston, and welcome back to another episode of Freedom Formula for Physician's Podcast, the podcast dedicated to helping you slash your debt, slash your taxes, and live a liberated lifestyle. Well, check it out, new intro for the year!  Do you like it? Let me know, I would love to hear from you.  Here we are in the new year, and of course, this is a great time to set goals and create new visions for ourselves. In this podcast episode today, you will: Be challenged to go through the exercise that I am going to share with you, in terms of some of the things I am doing and my goals Hear about the growth of Freedom Formula for Physician's Podcast, and how YOU have played a HUGE role in that-THANK YOU What the focus for 2018 will be for the podcast I am so humbled and grateful for YOU, listening and tuning in.  My hope for this podcast is that we can continue to grow, doubling from 2017.  Let me know how I can make a difference in your life, and how I can help you.  E-mail me a

There have been some BIG changes lately with taxes and they are likely to impact you in a big way! You may have heard of the tax reform package, called appropriately, The Tax Cut & Reform Bill. However, it may not be a win for everyone. Listen in to this podcast and discover why. In this podcast, you will find... A walk-through of the first two pages of 1040 LOTs of numbers and calculations that may leave your head spinning What has changed and what hasn't changed with the Tax Cut & Reform Bill How tax brackets have shifted and why that may be creating winners and losers Resources Mentioned or Should Have Been Mentioned In The Podcast That You Should Explore Further 3 Awesome Tax Deductions I Didn't Know with Craig Cody Why Proactive Tax Planning Will Change Your Life with Diane Gardner 3 Key Tax Strategies & Hints What The 2018 Tax Brackets & Standard Deduction May Look Like Under Tax Reform  What Your Itemized Deductions May Looks Like Under Tax Reform Make These 5 Tax Moves Now Before the

Multiple streams of income? You must think I’m a bit nuts! I know how compressed your time is already. You barely have enough time to breathe- let alone manage another financial asset. You may have heard the concept of multiple streams of income through Robert Allen or Robert Kiyosaki. You may even like the idea. However, you may be feeling confused and unsure. You may wonder where to start. Here are some of the best ways that I’ve personally observed and experienced multiple streams of income. In this podcast you will: Acquire the 7 streams of income that Dave thinks are the most secure? (HINT: Dave may be doing some of these sides hustles himself!). Learn the pros, cons, and financial requirements of each side hustle. Receive an honest breakdown of these 7 income streams to find if one or many of them may be a fit for you. Gain over a dozen reliable resources to assist you in starting your different income streams. For all the show notes, transcription, and more, check out the podcast website at http://do

Hello Friends!  Welcome back to the Freedom Formula for Physician's Podcast, the podcast dedicated to helping you slash your debt, slash your taxes, and live a liberated lifestyle. We also have the mission of trying to create a hundred new physician multi-millionaires.  Let's get right into it, shall we?  In this podcast you will: Determine if "Multiple Streams of Income" aligns with Dave's views on income and side hustles. Learn what side hustles Dave would add to his portfolio after reading this book. Acquire 10 different income streams you can try. Uncover the income stream that Dave does not agree with and find out why (HINT: You may be very surprised). Receive insight on OPT - paying other people taxes, and how it could make you a lot of money.   For all the show notes, transcription, and more, check out the podcast website at http://doctorfreedompodcast.com/ ----more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriate

Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances. In S3, Episode 33, I mentioned some of my favorite podcasts for doctors. Our next guest is the heart and soul behind one of those podcasts. She is a pediatric gastroenterologist by day, and a podcaster, side-hustler, and mom by night. She developed The Hippocratic Hustle Podcast to create a space where women doctors can come together and share the stories of their business, project, or side-hustle. You know, it’s so funny when you listen to someone time after time and you feel like you know them. I’m just so excited to have her on the podcast. Anyhow, I can’t wait to hear about her journey and her advice for us! Please help me welcome Dr. Carrie Reynolds from The Hippocratic Hustle Podcast. Welcome, Carrie!      In this podcast you will: Discover the changes Carrie would make with her money and spending habits while in school and residency. Learn abou

Hello friends! You may have heard me previously mention in the last couple of episodes that I am dealing with a bit of burnout. I need to re-energize, re-focus, and do what I need to do. As such--- this podcast is NOT going away. However, I'm not making new episodes for the next few months. Instead, we'll be re-playing old episodes. So, you'll still have content to consume and enjoy (albeit it's a bit old!!) In the meantime, I'd love to hear from you to know what I should talk about in the future. What are some show topics and guests who would be a great fit for this podcast?  e-mail me dave@daviddenniston.com with your suggestions.   thank you so much for being a loyal listener!! cheers,   Dave

As the 2023 end approaches, I'll be sharing the results of my financial experiments---including how much I've spent, how much debt I owe, and where my money is going and updating you on my progress. In this episode, you will discover… How many properties did I sell and bought? Plans for Generation family properties The big revelation for my financial experiment this year Resources Mentioned in this Podcast:  Contact Dave: Year End Checklist: 2023 ‪833-343-2986 or (612) 284-2409 Email: dave@doctorfreedompodcast.com  For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registration. Our Form ADV Part 2 brochure can be obtained free of charge at https://adviserinfo.sec.gov by searching for our firm by name or its unique CRD number (316454). This podcast is not a so

We all know that feeling. The stress of the day, the worries about what might happen tomorrow, and whether or not we're doing enough… it's hard to keep up with it all. Today, we'll talk about burnt out—and why it's so important to know if you are experiencing it. In this episode, you will discover… How do you assess yourself for burnout? The need to find a balance between work and life The importance of taking a break Resources Mentioned in this Podcast:  Website: https://www.mayoclinic.org/healthy-lifestyle/adult-health/in-depth/burnout/art-20046642 Contact Dave: Year End Checklist: ‪833-343-2986 or (612) 284-2409 Email: dave@doctorfreedompodcast.com  Books: Freedom Formula For Physicians: A Prescription for First-Class Financial Health for Doctors The Young Physician's Guide to Money and Life: The Financial Blueprint for the Medical Trainee Undo 17 Myths Uncovered About Financial Freedom for Doctors: It's Not What You Make, It's What You Keep Insurance Guide for Doctors 5 Steps

Real estate is a fascinating industry to follow, because it's always changing. No matter what market you're in, you can always find new trends and new ways to make money in the field. And right now, the real estate world has some exciting developments that are attracting attention from investors across the nation. Let's take a look at what's attractive in real estate now with Paul Moore of Wellings Capital! In this episode, you will discover… The serious impact of rate caps In-depth discussion of Multi-family homes The acquisition of RV Resources Mentioned in this Podcast:  Contact Dave for a free 30mins strategy session: ‪833-343-2986 or (612) 284-2409 Connect w/ Paul Moore: Website: https://www.wellingscapital.com/resources 

When you're a physician, debt is inevitable. You have to borrow money for school, and then when you graduate, you have to borrow even more just to get your start-up funds in order. And then there are the loans that come with buying a house or paying for your car… The good news is that there are ways to pay off your high-interest debt! In this episode, I'll discuss some options and strategies for paying off your high-interest debt so that you can focus on what matters most: your patients, your practice and yourself! Resources Mentioned in this Podcast:  Contact Dave for a free 30mins strategy session: ‪833-343-2986 or (612) 284-2409 Email: dave@doctorfreedompodcast.com Book: Freedom Formula For Physician For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com ----more--------more--------more---- Investment advice is only offered in jurisdictions where Centurion Financial Strategies, LLC (“Centurion”) is appropriately registered or exempt from registra