Money Meets Medicine Podcast

MMM #28: YOLO Versus Saving For Tomorrow

In most subjects, moderation is key.  Is that true when it comes to money?  Should we save for tomorrow or live for today?  Is there a middle road?  That’s what this is all about.  

What You’ll Learn:

In today’s episode of Money Meets Medicine, “YOLO Versus Saving For Tomorrow,” you’re going to learn: 

  • The “ESBS” secret to spending and saving. 
  • It’s a good thing to spend money on what you love! 
  • How to balance between being boringly frugal and overspending. 
  • How to save or spend even when it doesn’t come naturally. 
  • And more! 

Resources from the Episode:

Avoiding Buyers Remorse with Intentional Spending

How To Think About Money

Money Dials: Why you spend the way you do

This Episode’s Sponsor

This episode is brought to you by Michael L. Relvas. Michael is a CFP Professional and insurance agent committed to helping physicians nationwide with their term life and disability insurance needs. He provides an objective, transparent and education-focused process, that aims to help physicians make prudent decisions and avoid over-complicating things. 

We really like Michael and know he’s got your best interest at heart when it comes to disability insurance.  We know he’d be happy to help you with whatever your needs are. 

You can find Michael at https://thephysicianphilosopher.com/mrinsurance or contact him at 800-817-4522.

Listener Question of the Week:

This episodes listener questions comes from Ritu Ramdeo Vyas:

“What should you do if the only 401K option is actively managed funds?”

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]



Submit a Comment

Your email address will not be published.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

You might also be interested in…

Should I Use My HSA or FSA?

Should I Use My HSA or FSA?

As we head into the final months of the year, which is typically the time of year for open enrollment for benefits, lots of benefit questions inevitably arise – particularly in regards to spending accounts like HSA vs FSA.

5 Things About Retirement Accounts Every Doctor Should Know

5 Things About Retirement Accounts Every Doctor Should Know

Retirement funds are one of the biggest points of financial confusion for doctors. We want to provide some clarity and understanding so you can learn what you need to know to start making your money grow.

We’re going over five things about retirement accounts every doctor should know.

MMM 90: Hard Decisions on Money Meets Medicine

MMM 90: Hard Decisions on Money Meets Medicine

Have you ever felt like things are getting really heavy? And that you need to make a change? That is what we are going to do today on the show today. We are going to pull back the curtain and talk about things that have been going on in our lives. Often people don’t think about the lives of the people behind the YouTube videos or podcasts like this one, Money Meets Medicine. So today we are going to dive in and talk about hard decisions on this podcast Money Meets Medicine. Join us as we explore why resting in your personal and financial lives is essential for healthy success.

Are you ready to live a life you love?