This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

Doug explains the goal and use of an impound/escrow account. Basically it builds a cushion for the bank to make payments on your behalf for taxes and insurance.

He also highlights why your loan estimate may differ from your closing disclosure regarding this account. To learn more about Doug, go to www.DougCrouse.com.

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

Dr. Lisha Taylor, podcast host of WealthMindedMD, joins us to talk about 5 important things to review either when taking a new job or annually when signing up for new benefits.

We talk about protecting yourself, reviewing benefits, maximizing retirement accounts, being strategic about time off and making sure you understand your schedule and expectations.

You can learn more about Lisha or listen to her podcast at www.WealthMindedMD.com.

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

Doug explains how a declining market might impact getting a mortgage on a new property. We have seen a rapid rise in home prices over the past few years, but several markets throughout the US are pulling back and appraisals are coming in short.

When this happens, a bank may not lend you the full offer price you initially made. To learn more about Doug, go to www.DougCrouse.com.

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

Explore essential strategies for achieving financial wellness with James Nutter in another insightful episode of "Life Well Lived, a Physician's Guide to Wealth." This episode dives into critical financial planning steps — from cash reserves and life insurance to disability planning and estate management.

Whether assessing your current position or making significant strides toward financial goals, learn how to evaluate and enhance your financial health with practical, customizable advice. Perfect for physicians looking to secure their financial future and live a balanced, meaningful life.

Click here to access your free financial wellness 101 playbook

Resources

PSLF Hacks Checklist

Follow James Nutter

Book a free financial wellness diagnostic with James here

Instagram

Follow IM Wealth

www.imwealth.com

Youtube

Meaningful Journeys Scholarship

Advisory services offered through Commonwealth Financial Network®, a Registered Investment Adviser.

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

Join James Nutter of I Am Wealth as he guides physicians through mastering their finances in the latest episode of "The Life Well Lived." James dives into cash flows and emergency reserves, providing insight into understanding money in and out, determining free cash flows, and setting up a peace of mind fund.

He offers practical tools like the circulatory cash flow system and the Rocket Money app to help achieve financial freedom. Discover how to balance present and future financial goals and sleep soundly knowing you're on track.

Simply click here to access the free video training for the circulatory system and click here to download the circulatory system guide.

Timestamp

Summary

0:02

Mastering Financial Vitals for Physicians

4:58

Achieving Financial Freedom Through Cash Flow Awareness

10:11

Strategies for Managing Household Cash Flow and Financial Goals

15:16

Building a Peace of Mind Fund for Financial Security

19:16

Mastering Cash Flow Management for Financial Freedom

Resources

PSLF Hacks Checklist

Follow James Nutter

Book a free financial wellness diagnostic with James here

Instagram

Follow IM Wealth

www.imwealth.com

Youtube

Meaningful Journeys Scholarship

Advisory services offered through Commonwealth Financial Network®, a Registered Investment Adviser.

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

Jon from Contract Diagnostics addresses a physician’s query about the implications of their employer losing a hospital contract, detailing how to prepare and what to expect during such transitions in hospital-based employment.

Jon invites individuals to contact Contract Diagnostics through phone, chat, or email for personalized assistance, visit www.ContractDiagnostics.com

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

In this episode, Doug Crouse discusses a rare but costly mistake made by a borrower with high credit and 100% financing, emphasizing the importance of maintaining credit utilization and avoiding new charges during the mortgage process.

For more details, reach out to me at www.dougcrouse.com or www.dougcrousephysicianloans.com

This episode is brought to you by Equity Multiple. Dedicated to assisting physicians in simplifying their investment journey, Equity Multiple enables passive investment in vetted, professionally managed commercial real estate. Learn more at www.equitymultiple.com.

Darick Hensel with Wintrust Mortgage has been helping people get into homes for 20 years. He talked with us today about strategies for home buying, building savings and improving credit scores. He has a special love for educating physicians as he is married to one.

He encourages everyone to learn as much as they can before starting the homebuying process. You can learn more and reach him at www.DarickHensel.com.