Elisa Chiang public
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Grow your wealth by working on your mindset and up leveling your game. Your thoughts about money have created your current financial net worth. Sadly, there are many physicians who are have earned a good income but have not built wealth. More and more physicians are becoming burned out as our health care system continues to change. Join the movement of physicians embarking on the journey to take matters in our own hands so we can continue to thrive. Tune in each week to learn more on how to ...
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You’ve probably heard about hedge funds but you probably don’t know much about them. Honestly, I don’t know a whole lot about them either, I’ve never invested in a hedge fund personally. In the recent episode on diversification, I talked about a study by JP Morgan that came out this year showing that adding alternative investments to a traditional …
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Most people don’t look forward to spending time paying bills, tracking spending, or reviewing their personal finances. While some people enjoy the investing part, I would say even those people have something else they would prefer doing, meeting up with friends for dinner, watching a good movie, reading a good book, etc. Setting up systems and auto…
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This question gets asked a lot. People generally lament that it’s too late to invest in real estate, that they missed the good opportunity X number of years ago. The funny thing is that people continue to say that, and yet most people wish they actually got started when they first started thinking of it, except maybe if they started thinking of it …
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When it comes to investing, diversification is the key to increasing returns while reducing risks. Tune in to learn more about diversification, including diversifying beyond the traditional assets of stocks and bonds. You can find the report discussed in this podcast episode at https://am.jpmorgan.com/content/dam/jpm-am-aem/americas/us/en/insights/…
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Two years ago, I was a guest on the Dare to Dream Podcast hosted by Dr. Weili Gray. Dr. Weili is a gifted interviewer and I love the conversation which become three podcast episodes. This is the second of a three-part series bringing you the episodes from the Dare to Dream Podcast. In this episode, we continue our conversation about money and how t…
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Two years ago, I was a guest on the Dare to Dream Podcast hosted by Dr. Weili Gray. Dr. Weili is a gifted interviewer and I love the conversation which become three podcast episodes. This is the second of a three-part series bringing you the episodes from the Dare to Dream Podcast. In this episode, we talk about the subject of money including how e…
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Two years ago, I was a guest on the Dare to Dream Podcast hosted by Dr. Weili Gray. Dr. Weili is a gifted interviewer and I love the conversation which become three podcast episodes. This is the first of a three-part series bringing you the episodes from the Dare to Dream Podcast. In this episode, we talk about how I first came into coaching and ho…
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Dr. Kristi Klee is a physician and a mom of four who set a goal to get to financial freedom in as few door as possible so that she could practice medicine, raise her kids, and live life on her own terms. She was able to reach the goal of financial freedom with one short term rental. Her second short term rental replaced her clinical income. Tune in…
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"The Millionaire Next Door" by Thomas J. Stanley and William D. Danko is a book that examines the habits and characteristics of wealthy individuals in the United States. The authors conducted extensive research and surveys to identify common traits among millionaires and prodigious accumulators of wealth (PAWs). The book challenges common stereotyp…
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Do you tend to worry about money? Do you feel insecure when it comes to money? Tune in to learn how to address those worries and insecurity. Please subscribe and leave a review on your favorite Podcasting platform. If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https:…
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This episode gives an overview to Estate Planning. Tune in to hear about: Wills Trusts Health Care Proxy Durable Power of Attorney Estate tax Inheritance tax Please subscribe and leave a review on your favorite Podcasting platform. If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free cop…
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If you could increase your physician income without working more hours or seeing more patients, or otherwise adding more day-to-day hassle, that’s something you’d probably say yes too. More money and more income is a “preferred neutral” meaning all else being equal, its better to have more money or more income. What can you do to increase your phys…
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In Western Culture, we typically think that marriage is for love. The truth is, whom you choose to marry is one of the biggest financial decisions you will make. Before tying the knot, consider really discussing your thoughts about money with your future spouse. If you’re already married, it’s not too late to open up that conversation. When it come…
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Have you ever wondered about the origins of tipping and how the culture of tipping evolved? If so, this episode is for you. I’ve personally never been a fan of tipping. From trying to figure out what is a good tip, to making sure to have small bills (and sometimes large ones) and then having to keep cash on hand, there’s a lot to think about around…
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Dr. Kristine Goins is a board-certified integrative adult & pediatric psychiatrist, physician coach and world traveler. Prior to pursuing a lifestyle of freedom and adventure by becoming a digital nomad, Dr. Goins graduated from Rutgers-Robert Wood Johnson Medical School, completed her adult psychiatry residency at Emory University and her child & …
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Tax lost harvesting is an investment strategy that involves selling an asset at a loss to offset gains in other areas of your portfolio to decrease the amount of tax paid. Tune in to learn more about how to use the Tax Lost Harvesting to decrease taxes. I want to hear about your money wins! No matter how big or small! Celebrating wins is a way to k…
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This podcast came at the suggestion of someone who asked for a podcast to know when she is having a scarcity mindset or is being frugal. I discuss a scarcity mindset around money, which can lead to being cheap and then talk about being cheap vs. being frugal. I want to hear about your money wins! No matter how big or small! Celebrating wins is a wa…
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I’ve been thinking a long time on how to make an episode on talking to children about money. Since I don’t have any kids, I stay away from giving parental advice. Instead, I thought I’d talk about my memories from experiences from when I was a kid and the impact it has had on me today. I want to hear about your money wins! No matter how big or smal…
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There is no truly safe investment. Investments are all about waying risks vs returns. Keeping money in a FDIC insured savings account may seem safe, if you consider slowly losing money over time as being safe. Tune in to hear more about what to consider when choosing your investments. I want to hear about your money wins! No matter how big or small…
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Join in on the conversation between myself and Dr Johanna Moore on redefining success. Johanna is a mom of twins, Harvard trained physician scientist, life and business coach, the founder of She is Money, and podcast host for the Your Version of Success Podcast. Her membership, the So Money Society, is the place where successful women create more t…
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1031 Exchanges, also known as Like-Kind Exchanges, allows you to continue to defer paying taxes with real estate investing. There are a lot of rules involved in doing a 1031 Exchange but if done correctly, you could defer taxes on real estate investments until you die, and allow your heirs to inherit real estate with a step up in basis so that thos…
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Real Estate Investing is a poplar way to diversify from traditional stock and bond investing. Some people are so pro real estate investing, that it makes up the vast majority, if not all, of their portfolio. Like any investment, there are advantages and disadvantages. In this episode, I go more into what those are for real estate investing. Please …
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I had the privilege of meeting Elizabeth Gilbert, who is best known as the author of Eat, Pray, Love. She has another wonderful book called Big Magic. In preparation for meeting Liz Gilbert, I also read (well, listened to the audio books) her novels, City of Girls and The Signature of All Things. She led a workshop with around 60 women physicians. …
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Please subscribe and leave a review on your favorite Podcasting platform. If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook You can learn more about Elisa at her website or follow her on social media. Website: https://ww.…
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On this week’s episode, I have guest Dr. Sarah Neitzel who is a podiatrist that runs her own practice as well as a medspa. We talk about investing in your own clinical practice, the questions Sarah asks before she makes a purchase and how she determines if it’s a smart investment. You can find Dr. Sarah Neitzel on Instagram @Dr.Sarah Website is Www…
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Physicians are no strangers to being entrepreneurs. Many physicians have started their own private practices, or purchased a private practice and made it their own. Other physicians have started other businesses, some related to clinical medicine while others have nothing to do with medicine. In recent years, there has been more physicians who are …
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The cost of tutition for higher education has risen significantly in the past few decades, well above that rate of inflation. 529 plans are sponsored by states, state agencies, or educational institutions and are a way to help people save and invest for future educational expenses. Different plans give different benefits, depending on the plan and …
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Dr. Mamta Kumar is Integrative medicine physician turned Land Investor for the last 3 years. In this episode, we talk about what got her started with land investing, what’s involved, and how she’s grown it into a full real estate business. She helps educate other physicians on land investing her Facebook group "Financial freedom with land investing…
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Just like the world of medicine has its own language, the world of finance and investing also has its own language. This is why when you first starting developing your financial literacy, everything seems complicated. By learning the meaning of different terms, everything starts to make more sense. In this episode, I go over various financial terms…
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Wow, we're up to episode 50! Thank you to all the listners who have shared the podcast and listen regularly. For this 50th episode, I thought I would get back to basics and talking about the fundamentals of building wealth, which is acquiring assets. If you haven't left a review, I would really appreciate if you would write one today! If you want t…
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This week, listen in on a conversation that Karen Leitner and I had on what mindset really means and how it influences our lives. It’s a candid conversation between two coaches with a focus on money mindset and topics like negotiation, the gender wage gap, and reframing failure. Karen Leitner is a primary care physician and an experienced life coac…
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Buying a home, or a primary residence, has long been part of the American Dream. As physicians, we often move a lot for our training and some of us look forward to the day were we can buy that big, beautiful house to call home. When is it actually smart to buy that house and how do we know how much to spend on it? Tune in to this week’s episode to …
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Dr Latifat is a Gastroenterologist and founder of The Money Coaching School for Badass Women Physicians. She is also the host of The MoneyFitMD podcast. She combines her interest in personal finance, her training as a certified life coach, and her passion for physician wellness. She believes every physician can create their own wealthy life. Her mi…
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In this episode, I discussed what is an Accredited Investor and what opportunities are available to people who qualified ans an Accredited Investor. I also dicussed Qualified Client and Qualified Purchaser. Welcome to the world of expanded investment opportunities! Please subscribe and leave a review on your favorite Podcasting platform. If you wan…
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Burnout has been reported to affect 40-60+% of US physicians. Last year, 10% of physicians left the practice of medicine, a number far higher than what would be expected for “normal retirement.” Burnout is likely one of the causes for physicians leaving medicine, making it a threat to building our wealth. (unless they left after having built their …
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This week, we have the amazing Kate Mangona, MD as a guest on the podcast. Kate is a pediatric radiologist as well as a Marriage coach. Tune in to our conversation on money and marriage. You can find more about Kate at: Website: https://www.medicinemarriageandmoney.com/ Podcast: https://podcasts.apple.com/us/podcast/medicine-marriage-money-with-dr-…
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What caused the 16th largest bank in the United States to collapse in March 2023 and what does this mean about the US banking system? And what does it mean for you? Listen to find out! Please subscribe and leave a review on your favorite Podcasting platform. If you want to start your path to financial freedom, start with the Financial Freedom Workb…
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I recently returned from WCICON23, short for the White Coat Investor Conference, where I gave a talk on Transforming from Burning Out to Burning Brightly This podcast highlights points from the Keynote given by Stacy Taniguchi, PhD titled Choose to Thrive. I go over points made in the talk, though I left out the wonderful stories Stacy shared. If y…
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Do you know what's really stopping you from having what you want? Its most likely your limiting beliefs. What's a limiting belief? Listen to the podcast to find out! The Leverage and Growth Virtual Summit registration is open! The summit is on March 15-19, 2023 Summit Pricing: Free registration (access to videos for ~24 hours) Paid VIP All-Access P…
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If you have an amount of money to invest into your index funds, what's the best way to do it? Do you invest it all at once, called lump sum investing, or do you spread it out over time, called dollar cost averaging? In this episode, I discuss both investment strategies. The Leverage and Growth Virtual Summit is returning! Registration opens on Marc…
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In this episode, I reflect on what I have come to realize was a life changing event for me that changed the trajectory of my life. That life changing event was the first Leverage & Growth Virtual Summit that was held in May 2020. It came during a life changing year, the pandemic, and arguably its inception was due to the pandemic. The Leverage and …
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There’s still time for you to do a Backdoor Roth IRA for 2022! In this episode, I discuss the IRA, or individual retirement account, in more detail. There is the Traditional IRA and the Roth IRA. The Backdoor Roth IRA is a strategy to help high income earners contribute to a Roth IRA since there are income limits for directly contributing to a Roth…
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Asset allocation is one of the most important decisions when it comes to investing. It will determine your overall return on your investment as well as the fluctuations in the value of your investment portfolio. It can be the difference between reaching your financial goals or being caught short when the time comes. In this episode, I give multiple…
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Target Date Funds have been touted as the one fund you need for retirement. Pick the year you want to retire, choose the Target Date Retirement with that year, and you’re all set. Is it really that simple? What does a Target Date Fund actually do? Are there better investing options? Listen to this episode for those answers and more. Please subscrib…
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Dr. Linda Street is the Founder & CEO of Simply Street MD Negotiation Coaching where she helps female physicians negotiate for the salary they deserve. Women physicians earn up to 30% less than male physicians in similar positions. Studies show the gender pay gap is independent of women working part time, taking maternity leave, or any other factor…
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Episode 34: Certificates of Deposits Stocks are a great investment for people with long term horizons but what to do with money that’s ear marked for something with a short time horizon? There are High Yield Saving Bang Accounts (high yield meaning they pay better interest than average), Money Market Accounts, short term US treasury bonds, or the t…
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For instant diversification in the stock market, buying a index fund is a good way to go. Index funds come in two different flavors, as traditional mutual funds as well as exchange traded funds. In this episode, I go into the pros and cons of each type of fund to help you decide what is best for your situation. If you want to start your path to fin…
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We start the new year with this information about student loan forgiveness. Many physicians have 6 figures of student loan debt. The burden of student loan debt has been increasing. It’s not uncommon to have more than $200,000 or even $300,000 of student loan debt. For some people, Public Service Loan Forgiveness may be a solution. This week, I int…
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What is a growth mindset and how does that differ from a fixed mindset? With The Grow Your Wealthy Mindset, I want to encourage you to embrace having a growth mindset more often than having a fixed mindset. Listen to this episode to find out more about mindsets and how you can work to make that switch. Please subscribe and leave a review on your fa…
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This episode talks about all the costs that are associated with investing and how much it can impact the returns of your investment. All investments have some cost associated with them. Some costs are more visible while some costs can be hidden. Fees that seem small can cost 6 or 7 figure over your investing lifetime. Tune in each week to learn mor…
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