I’m not going to lie.  I read, write, and podcast about personal finance almost every single day.  It certainly comes up in conversation on any day that I don’t. Despite the extent to which my life involves the topic, I still don’t budget.  I’ve never been good at it, and have never felt like it was necessary for my family. Does that mean we don’t do any financial planning? Don’t bet on it.  It just doesn’t look like a typical budget. In fact, it’s okay to hate budgeting and still be successful with money. 

What You’ll Learn:

In today’s Money Meets Medicine episode, “It’s Okay to Hate Budgeting,” you’re going to learn:

• About the new course I created, which is launching Monday!
• Why I personally hate budgeting and what I chose to do instead.
• Why tracking your spending can make a bigger difference than the budgeting itself.
• Why keeping up with the Jones’ (especially on social media) can destroy your financial future.
• What kind of spender are you?

Resources from the Episode:

Budgeting That You Won’t Hate: Backwards Budgeting

Episode #3: Fitting a Peloton into Your Budget

What Does It Take to Become a Physician Millionaire?

“B” Is For Budget!

The Tale of Two Doctors: The First Paycheck

This Episode’s Sponsor

This episode is brought to you by Robert Kaplan, CFP of Kaplan Financial which can be found at KaplanFinancial.net .  Robert specializes in serving the unique disability insurance needs of over 2,500 physicians nationwide.  Robert, who has been married to a practicing physician for over 25 years founded Kaplan Financial in 1990.  Kaplan Financial is the place to go for objective and experienced financial advice, discounted rates on individual disability insurance, and a long-term commitment of superior service.

So, if you are in need of disability insurance, don’t hesitate to reach out to Robert at KaplanFinancial.net or if you prefer email or phone you can email Robert at [email protected] or call him directly at 818-783-6620.

Listener Question of the Week:

This episode’s listener question comes from Wendy Lin:

Why it is so uncomfortable or taboo for certain groups of people to talk about money, whether it is salary, expenses, etc; what impact such discomfort has (both negative and positive?), and how to or what are the appropriate circumstances to navigate around those discomforts so that sharing has a positive impact.

Each episode, we are going to start including listener questions as they are provided to us.  So, if you have a specific question you’d like answered on the podcast reach out to us!  Email [email protected] or [email protected]

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TPP