Nii and Renée continue their conversation about the 11 money traps that keep doctors burned out. In today’s episode, they delve into Money Trap #2 – No Financial Planning. They break it down into three parts: budgeting, not understanding how money works, and not meeting with a financial advisor.
Things to expect in this episode:
- The worry-free way to start a budget
- How to automate your spending
- Why money is a tool
- You need a financial plan, but do you need a financial advisor or planner?
- Benefits and costs of getting financial advice
Resources:
Episode 274 – If You’re Not Saving Money, You Might Be The Problem – Money Trap #1: https://drniidarko.com/episodes/if-youre-not-saving-money-you-might-be-the-problem-274/
Check out Nerd Wallet’s article:
https://www.nerdwallet.com/article/finance/best-budget-apps
White Coat Investor Article: https://www.whitecoatinvestor.com/how-i-made-30000-taking-doctor-surveys/
Book Recommendation: The Psychology of Money
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