Podcast Episode 87 – Can you really have it all?
Episode 87 – Today I’m going to do something a little different. I’m bringing you two of my most popular talks from the recent Marriage and Money, M.D. Summit. We had over 1300 people register for the conference, and the speakers did an absolutely phenomenal job! Today we ask, “Can you really have it all?”
This first conversation is with Drs. Nii and Renée Darko. They met in medical school and married after a 10-year courtship. When they realized they were drowning in almost $700,000 of student loan debt and living paycheck to paycheck without much in savings and zero investments, they made a pact to pay off their student loan debt in 15 years. In only 3 short years, not only were they free of student loan debt, but during their debt payoff, they cash flowed several rounds of infertility treatments and quit their jobs to become entrepreneurs, starting 3 businesses. Nii hosts a podcast called Docs Outside the Box. Renée started a coaching business called Pre-med Strategies, Inc. (www.premedstrategies.com/); and together, they run Equal Access Health (www.equalaccesshealth.net), a temp agency for doctors.
Our next speaker is Dr. Kate Mangona. Dr. Mangona is a pediatric radiologist in Dallas. She and her husband Victor, are active and passive real estate investors in over 3 thousand multifamily units and single-family rentals and they lead a Multifamily Masterclass course where they teach others how to passively invest in real estate to grow their wealth as they sleep. As a certified life coach, Kate hosts the Medicine, Marriage & Money podcast and leads the Medicine, Marriage, & Money Coaching Program where she helps married women physicians with children spend less time arguing with their spouse, and more time reigniting the sparks once felt during their honeymoon.
Click here to download your free CME credits for listening to the show!
It’s time to Residency-Proof Your Marriage!
I’m excited to tell you about a new online course I’m launching called “Residency-Proof Your Marriage.” I’ve seen way too many couples get divorced or see their relationships go sour during their medical career. Medical training is an inherently divisive time, so you have to work to combat that!
This online video course will coach you through setting expectations, communicating effectively, getting on the same page with finances, and keeping your relationship thriving during a difficult time. Whether you’re in medical school, residency, or out in clinical practice, Residency-Proof Your Marriage is going to help you build a thriving medical marriage.
This is a very inexpensive investment in your marriage. A weekend marriage retreat will cost upwards of $1000 between food, registration, lodging, and vacation time. This course is just a fraction of that cost and you can complete it on your own time!
The course is also eligible for CME credits, so you can use your employer’s CME funds to sign up.
Registration for the course is open NOW!
Free Resource: 3 Critical Tools to Level Up Your Family’s Finances
Buying a house can and should be fun, but you’ve got to put in the work to do it right. That’s why this week’s free resource is so valuable. It’s a pdf download called “3 Critical Tools to Level Up Your Family’s Finances.” It’ll help you create an easy budget that actually works, set some reachable financial goals, and communicate with your spouse about money without ending up in another money fight. That way, you can save up for your house, or any other big purchase and get there with your sanity and your wallet intact. You can download it for free by clicking here.
Check out the additional free resources available at The Scope of Practice!
- Business management resources
- Personal finance resources
- Podcasting resources
- Recommended online courses
- Recommended books
Join the Business and Personal Finance for Physicians and Dentists Facebook Group!
Most physicians and dentists come out of training programs with a huge amount of personal debt and little to no idea of how to actually run a clinical practice. This Facebook community is for anyone who wants to learn more about how to manage their business more successfully and master their personal finances.
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Full Disclosure: Some of the links to the resources listed above may be affiliate links, which means that I will receive a small commission if you click through and make a purchase. But it doesn’t cost you anything extra—it’s just a way to show you appreciate what we do here. Thanks for this.
debt, early career, family, financial goal, financial planning, marriage, money, student loans