On today’s episode, we’ll discuss how financial planning may seem simple on the surface, but the reality is it spans across many disciplines – psychology, behavior, math, science. And the irony is not adhering to all facets of financial planning likely means forgoing a substantial amount of wealth.
Topics Discussed:
- The unfortunate truth about the intricacies of financial planning.
- A common misnomer that comes up when talking with many ER docs.
- Why you don’t need to have lots of money or investments to benefit from good financial planning.
- The bread and butter financial tool that we use (and that every ER doc should use).
- The comparison between an ER doc with a financial plan vs. an ER doc without one.
- How good decisions compound upon each other.
- The importance of having the right insurance.
- The impact of your planning on your family and future.
- Why many decisions are an ongoing process rather than one-and-done.
Resources Mentioned:
Tags
tax savings, ER doctors, ER docs, emergency doctor, financial planning, financial plan,
