fbpx

Money Meets Medicine Podcast

MMM #34: How to Talk About Money With Friends and Family

We love getting reader questions. We enjoy them so much we’ve dedicated a whole episode to one question.

This question is from Dr. Jeff Bank. We have summarized. He asks:

“As you become more financially literate, how do you bring up the topic of finances with friend and colleagues in a nonthreatening way? I would like to help educate my friends and colleagues but I have limited success in getting them to engage in the conversation or to take further action on their financial habits. I realize the drive to change financial habits or any habit has to come from the individual, but I wanted to see what tips or tricks you have to spark that initial conversation and or change.”

We answer his question in today’s post. Keep reading! 

What You’ll Learn:

In this weeks episode of Money Meets Medicine, “How to Talk About Money With Friends and Family,” you’re going to learn: 

  • How to ask your family, friends, and collegues about money related questions. 
  • Why you need to take care of your own financial house before you can help anyone else. 
  • The right way to have a money conversation without stepping on toes. 
  • How to create excitement and confidence about finances. 
  • It’s okay to say that you don’t know things! 
  • And more! 

Resources from the Episode:

The Physician Philosopher Podcast

This Episode’s Sponsor

For years, Neil has been helping physicians and dentists achieve their dreams of homeownership.  From start to finish, he can help guide you through the process beginning with a consultation to determine your options, to painlessly uploading your documents digitally, Neil will be there to assist and guide you during the entire process.  

Whether you’re a first-time homebuyer, looking to purchase a second home, looking to refinance or purchase an investment property, TD Bank, N.A. has solutions designed for Doctors and an efficient process that makes getting a mortgage easy. Reach out to Neil on his direct line at 212 933-9900 or email him at [email protected]

Subscribe in Your Podcast Player:

If you love the show – and want to provide a 5-star review – please go to your podcast player of choice and help other listeners find the Money Meets Medicine Podcast, too!  If you think that our podcast is terrible, send me an email and I will throw your email into the trash consider your constructive criticism to improve the show.

Seriously, though, go leave a review.  It helps others find the Money Meets Medicine podcast, too.

TPP

1 Comment

Submit a Comment

Your email address will not be published. Required fields are marked *

You might also be interested in…

MMM 81: The Most Important Numbers in Physician Finance

MMM 81: The Most Important Numbers in Physician Finance

The personal finance space is full of rules. Things you should be doing with your money and things you should stop doing with your money. Certain numbers you should be aiming for at specific points in your life. But do you really need to follow every single money rule out there when it comes to personal finance? Which personal finance rules and numbers are most important and which ones might not matter at all.

MMM 80: You Are Worth The Investment

MMM 80: You Are Worth The Investment

People often think about money as the end goal. The reason they work, save, and make decisions in life revolve around this idea that they are striving to meet a money goal. But today we are going to flip the script on this mindset around money. Instead of thinking of money as the goal, we are going to look at money as a tool.

MMM 79: Why Doctors Should Spend Money

MMM 79: Why Doctors Should Spend Money

Everyone in the personal finance space loves to tell you how you should save money. That’s great, but what about spending it?

That is exactly what we want to dive into today on the show. Ways to spend money that make sense we have talked about before include spending to get your time back, vacations, and spending on others (gifts, holidays). But today we want to encourage you to spend lavishly on your on things you love. Yes, as money gurus we are going to talk to you about spending lavishly (and smartly of course). So let’s go.

Are you ready to live a life you love?