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Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Abby in Madison, Wisconsin: Should I pay off my student loans before saving for a house down payment? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Iberia Bank Home Loan: Get Pre-approved and Compare Multiple Lenders to Find the Home Loan That’s Right For You Buy or Refi a Home Book a Discovery Call with YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Cindy in Albuquerque, New Mexico: Are there any tax implications for rolling over my old 403(b) accounts to a traditional IRA? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Free Guide: Should I Rollover My Dormant 401(k)? YFP 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions  YFP 073: How to Determine the Priority of Investing YFP 074: Evaluating Your 401k Plan YFP 075: DIY, Robo or Hire a Planner? YFP 076: Investing Rapid Fire Q&A Baker’s Dirty Dozen: Principles for Financial Independence by Joe Baker, MBA with Lindsey Jordan Baker Joe Baker Book a Free Discovery Call with YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Jojo from the YFP Facebook Group: Should I open a 529 plan from another state with higher fees or one from my state that offers a tax deduction? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the YFP Facebook Group Savingforcollege.com Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Madelyn from the YFP Facebook Group: I have several different types of retirement accounts from previous employers. What should I do with them? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the YFP Facebook Group IRS Rollover Chart Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Tim Ulbrich talks through 10 financial moves to make in 2021. It’s time to turn the page on 2020 and start 2021 off the right way and that’s with an intentional plan. Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the YFP Facebook Group YNAB. Your Best Year Ever by Michael Hyatt 10 Financial Discussions Every Couple Should Have YFP 165: The Power of a Health Savings Account I Will Teach You To Be Rich by Ramit Sethi YFP 057: The Power of Automating Your Financial Plan Your Financial Pharmacist Blog Use Coupon Code ‘YFP’ for 15% Off: The Pharmacist’s Guide to Conquering Student Loans by Tim Church, PharmD YFP 184: How to Optimize Your 2021 Tax Strategy File Your Taxes with Your Financial Pharmacist YFP 044: How to Determine Your Life Insurance Needs YFP 045: How to Determine Your Disability Insurance Needs YFP 155: Why You Need Liability Insurance Protect Your Income with Life and Disability Insurance YFP 173: Using Systems to Automate Real Estate Investing w/ Ryan Chaw YFP 178: 5 Lessons Learned from Nate’s First House Flip w/ Nate Hedrick YFP 182: How This New Practitioner is Leveraging a Team to Invest in Long-Distance Real Estate w/ Young Park  Bigger Pockets Bigger Pockets Real Estate Investing Forums Bigger Pockets Real Estate Podcast The Bigger Pockets Blog ABC’s of Real Estate Investing by Ken McElroy Dave Ramsey’s Financial Peace University Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich by David Bach Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright The Truth About Money by Ric Edelman The Compound Effect: Jumpstart Your Income, Your Life, Your Success by Darren Hardy The Behavioral Investor by Daniel Crosby Happy Money: The Science of Happier Spending by Elizabeth Dunn and Dr. Michael Norton YFP Planning: Financial Planning for Pharmacists Book a Free Discovery Call with YFP Planning YFP 181: How YFP is Different Than Most Financial Planning Firms

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Blake from the YFP Facebook Group: Can I refinance my student loans to a variable rate now and refinance to a fixed rate later if my interest rate increases? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Join the YFP Facebook Group Your Financial Pharmacist: Student Loan Refinancing Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Andrea in Warba, Minnesota: Should I buy life insurance for my child? Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists PolicyGenius: Should You Buy Life Insurance for Children? Join the YFP Facebook Group Book a Discovery Call with YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Andrea in Olathe, Kansas: Is my position protected if I've used all of my FMLA and submit a claim for long-term disability? Mentioned on the Show: YFP Planning Your Financial Pharmacist: Protect Your Income Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD - Get 15% Off with Code: YFP YFP 045: How to Determine Your Disability Insurance Needs Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Young Park, new practitioner and real estate investor, joins Tim Ulbrich on this week's podcast episode, sponsored by APhA, to talk about his portfolio, why he likes real estate investing, how he got started, what has worked, what hasn’t worked, and why and how he invests in Kansas City while living in Hawaii. Mentioned on the Show: Join APhA - Get 25% Off Your Membership with Code: YFP2020 YFP 112: Why One PhD Pharmacist is Taking On Two Side Hustles BIgger Pockets on Youtube Your Financial Pharmacist Podcast Bigger Pockets Bigger Pockets Real Estate Podcast Buy, Rehab, Rent, Refinance, Repeat by David Greene Long Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties by David Greene

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Frank in Bonita Springs, Florida: What happens if I contribute beyond the maximum annual limits to a 401(k) or IRA? Mentioned on the Show: YFP Planning Seven Figure Pharmacist by Tim Church, PharmD and Tim Ulbrich, PharmD YFP 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions  YFP 073: How to Determine the Priority of Investing YFP 074: Evaluating Your 401(k) Plan  YFP 075: DIY, Robo or Hire a Planner? YFP 076: Investing Rapid Fire Q&A Book a Discovery Call with YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Allyson Brennan, founder and owner of Emogene & Co., a natural skincare company, joins Tim Ulbrich on the show. Allyson talks about her background in pharmacy, why and how she started Emogene & Co., how she has had success in such a short period of time, and what lies ahead as she prepares for growth in 2021 and beyond.  Mentioned on the Show: YFP Planning: Financial Planning for Pharmacists Adam Martin, The Fit Pharmacist Your Financial Pharmacist  Emogene & Co. Natural Skincare Follow Emogene & Co. on Instagram: @__emogeneandco__ Connect with Emogene & Co. on Facebook

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Quynh-Tram in Carlsbad, California: What is a competitive equity stake or stock option to ask for at a start-up company?  Mentioned on the Show: YFP Planning Holloway: Typical Employee Equity Levels Angel: Startup Salary and Equity Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Pharmacists Josh and Kara Soppe join Tim Ulbrich to share their journey of paying off $188,000 of student loan debt in 28 months. Josh and Kara dig into why they chose to aggressively tackle their student loans, their strategy for paying them off, how they created and implemented a budget, and their plans are now that their student loans are paid in full. Mentioned on the Show YFP Planning: Financial Planning for Pharmacists Connect with Tim Ulbrich on LinkedIn Refinance Your Student Loans  Mint The Pharmacist’s Guide to Conquering Student Loans by Tim Church, PharmD

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Brittany in Bardstown, Kentucky: What should I do with my old 401(k) accounts? Mentioned on the Show: YFP Planning Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Nate Hedrick, the Real Estate RPH, joins Tim Ulbrich to recap the 5 lessons he learned from his first real estate investment flip. Nate digs into how he found the deal, how he ran the numbers, what went well and what didn’t and how he sees real estate investing fitting into his financial plan. Mentioned on the Show YFP Concierge Service YFP 160: Navigating the Home Buying Process Through the YFP Concierge Service Real Estate RPh 5 Lessons I Learned Flipping My First House  Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money that the Poor and Middle Class Do Not! by Robert T. Kiyosaki Long Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties by David Greene  BiggerPockets BiggerPockets Podcast YFP Financial Planning Schedule a Free 30 Minute Call with Nate Hedrick Connect with Nate Hedrick on Facebook Follow Nate Hedrick on Instagram: @realestaterph Connect with Nate Hedrick on LinkedIn YFP Facebook Group

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Caitlynn in Omaha, Nebraska: Can I switch between the PAYE and REPAYE plans to minimize interest accruing for non-PSLF forgiveness?  Mentioned on the Show: YFP Planning The Pharmacist's Guide to Conquering Student Loans: How to Confidently Choose the Best Strategy that Saves You the Most Money by Tim Church, PharmD Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Joe Baker, author of the newly released book Baker’s Dirty Dozen: Principles for Financial Independence, joins Tim Ulbrich on the show. Joe talks about several of the principles outlined in the book, why he wrote the book and what he hopes the reader will glean from applying its principles.  Mentioned on the Show Baker’s Dirty Dozen: Principles for Financial Independence by Joe Baker, MBA with Lindsey Jordan Baker  YFP 082: Debt Free Theme Hour with the Teacher & Pupil FinCon Ramit Sethi I Will Teach You to Be Rich: No Guilt. No Excuses. No BS. Just a 6 Week Program that Works by Ramit Sethi

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Rachel in Central Point, Oregon: Can I contribute to a 401(k) from my former employer? Mentioned on the Show: YFP Planning YFP 072: Investing Mind Tricks: How Behavioral Bias Affects Our Decisions  YFP 073: How to Determine the Priority of Investing YFP 074: Evaluating Your 401(k) Plan  YFP 075: DIY, Robo or Hire a Planner? YFP 076: Investing Rapid Fire Q&A Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.

Stephanie Hale shares her journey applying for and receiving Public Service Loan Forgiveness (PSLF). Mentioned on the Show The Pharmacist’s Guide to Conquering Student Loans by Tim Church Join the YFP Facebook Group FedLoan Servicing Ask a YFP CFP #36: If I’ve been under the wrong repayment plan, can I apply for Temporary Expanded Public Service Loan Forgiveness (TEPSLF)? YFP 018: Maximizing the Benefits of Public Service Loan Forgiveness (PSLF) YFP 078: Is Pursuing the Public Service Loan Forgiveness Program a Waste? College Cost Reduction and Access Act of 2007 Temporary Expanded Public Service Loan Forgiveness (TEPSLF) Email TEPSLF@myfedloan.org Public Service Loan Forgiveness Program Support (PSLF) Facebook Group Your Financial Pharmacist Podcast    

Welcome to Ask a YFP CFP®, a segment of the Your Financial Pharmacist Podcast! On today's show Tim Baker, CFP®, takes this question from Bonnie in Florida: How do I get started with a SIMPLE IRA? Mentioned on the Show: YFP Planning Schwab SIMPLE IRA Plan for Employees Call Charles Schwab: 1-800-435-4000 Send in your questions here or to info@yourfinancialpharmacist.com Disclaimer: This podcast is intended for educational purposes and should not be considered financial or investment advice as we do not know all the variables to one's personal situation when answering a question.