Money

Wealthy Mom MD with Bonnie Koo | How to Break Free from Autopilot and Pursue the Life You Really Want

231: How to Break Free from Autopilot and Pursue the Life You Really Want

231: How to Break Free from Autopilot and Pursue the Life You Really Want

Wealthy Mom MD with Bonnie Koo | How to Break Free from Autopilot and Pursue the Life You Really WantDo you ever feel like life is passing you by while you're stuck on autopilot? It's so easy to get caught up in the day-to-day grind and put off the things that truly matter. In this episode, I share a personal story about how I almost missed out on two incredibly special moments because they felt "inconvenient" at the time.

As busy professionals and moms, we often prioritize our never-ending to-do lists over the experiences and relationships that bring us genuine joy and fulfillment. But what is the cost of constantly saying "no" to the things we really want to do? Of waiting for the perfect time that never seems to come?

Join me as I explore the importance of living life with urgency and intention. Discover how to break free from the excuses holding you back so you can start creating the time and financial freedom you deserve. Because if you don't make a change, nothing changes. And you are worth so much more than a life of "what ifs" and "maybe laters."

We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

Ready to transform your life and finances? Join the Happy and Rich Club for Women Physicians — a 6-month, intimate program designed to help you thrive in both life and money. Click here to learn more, enroll, or schedule a quick call to see if it's the right fit for you!

What You'll Learn from this Episode:

  • Why it's crucial to start saying "yes" to the things that truly matter, even when they feel inconvenient.
  • How to recognize the excuses and limiting beliefs that keep you stuck in autopilot mode.
  • The real cost of constantly putting off your dreams and desires for a later date.
  • Why pursuing time and money freedom requires courage and intentionality.
  • How to take actionable steps towards creating a life you genuinely love.
  • Why investing in relationships and meaningful experiences is key to a fulfilling life.
  • The power of deciding that you are worth the effort it takes to make positive changes.

Listen to the Full Episode:

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Wealthy Mom MD with Bonnie Koo | Navigating the Complex World of Student Loan Forgiveness with Sim Terwilliger

230: PSLF, SAVE, and More: Your Guide to Student Loan Relief with Sim Terwilliger

230: PSLF, SAVE, and More: Your Guide to Student Loan Relief with Sim Terwilliger

Wealthy Mom MD with Bonnie Koo | PSLF, SAVE, and More: Your Guide to Student Loan Relief with Sim TerwilligerAre you drowning in student loan debt and unsure of your options? With the ever-changing landscape of student loan forgiveness programs, it's easy to feel overwhelmed and confused. In this episode, we dive deep into the complex world of student loans to help you navigate the system and keep more money in your pocket.

I sit down with Sim Terwilliger, a Certified Financial Planner and student loan expert from Student Loan Planner. She breaks down the latest changes to student loan forgiveness programs, including the recent administration change and the ongoing legal battles surrounding the SAVE plan.

Whether you're pursuing Public Service Loan Forgiveness (PSLF) or exploring other forgiveness options, this episode is packed with valuable insights and actionable advice. Sim shares her expertise on how to lower your monthly payments, maximize forgiveness, and prepare for potential tax consequences. Don't miss this opportunity to get clarity on your student loan situation and take control of your financial future.

We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

Ready to transform your life and finances? Join the Happy and Rich Club for Women Physicians — a 6-month, intimate program designed to help you thrive in both life and money. Click here to learn more, enroll, or schedule a quick call to see if it's the right fit for you!

What You'll Learn from this Episode:

  • How recent changes to student loan forgiveness programs impact borrowers.
  • The current status of the SAVE plan and what it means for your loans.
  • Strategies for maximizing PSLF and other forgiveness options.
  • How to lower your monthly payments by filing taxes strategically.
  • The importance of regularly certifying your employment for PSLF.
  • What happens to your student loans if you die.
  • How to prepare for potential tax consequences of loan forgiveness.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Wealthy Mom MD with Bonnie Koo | Maximize Your Income: Tax Strategies Every Physician Must Know with Doc Wealth

229: Maximize Your Income: Tax Strategies Every Physician Must Know with Doc Wealth

229: Maximize Your Income: Tax Strategies Every Physician Must Know with Doc Wealth

Wealthy Mom MD with Bonnie Koo | Maximize Your Income: Tax Strategies Every Physician Must Know with Doc WealthAre you a physician looking to keep more of your hard-earned money? Do you feel like you're paying too much in taxes and not sure what to do about it? If so, this episode is for you.

In this episode, I talk with Dr. Mark Applegate and Laxman Pichappan, the founders of Doc Wealth, a tax strategy and CPA firm tailored specifically for physicians. As a physician, you have unique challenges and opportunities when it comes to taxes, whether you're a W-2 employee or a business owner.

Mark and Laxman share their expertise on how physicians can reduce their tax burden using a variety of strategies. They discuss the difference between a CPA and a tax strategist, and why it's so important to work with professionals who understand the specific needs of physicians. If you're ready to take control of your taxes and keep more money in your pocket, you won't want to miss this valuable episode.

We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

Ready to transform your life and finances? Join the Happy and Rich Club for Women Physicians — a 6-month, intimate program designed to help you thrive in both life and money. Click here to learn more, enroll, or schedule a quick call to see if it's the right fit for you!

What You'll Learn from this Episode:

  • Why most CPAs are not equipped to provide proactive tax strategy for physicians.
  • The key differences between being taxed as a W-2 employee versus a business owner.
  • How real estate investments, especially short-term rentals, can provide significant tax benefits.
  • The power of setting up the proper business entity, such as an S Corp, to reduce self-employment taxes.
  • Why defined benefit plans and cash balance plans can be a game changer for high-earning physicians.
  • How to take advantage of the Augusta rule to write off personal home expenses.
  • The importance of proper documentation when expensing business costs like vehicles and home offices.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Wealthy Mom MD with Bonnie Koo | Pivoting with Purpose: Aligning Your Money and Life Goals

228: Pivoting with Purpose: Aligning Your Money and Life Goals

228: Pivoting with Purpose: Aligning Your Money and Life Goals

Wealthy Mom MD with Bonnie Koo | Pivoting with Purpose: Aligning Your Money and Life GoalsHave you already given up on your New Year's resolutions? Don't let another year go by without making meaningful changes in your life. As a physician, it's easy to get stuck in the same career path, neglecting other important areas of your life like family, relationships, and personal growth.

In this episode, I share some exciting changes happening in my business and how they reflect the importance of evolving and living life intentionally. I'm retiring my main money program and launching a new six-month mastermind called the Happy and Rich Club for Women Physicians, as well as a business program for female physicians starting their own ventures.

Join me as I discuss the six key areas of life that money fuels and how to align your financial goals with your life goals. It's time to give yourself permission to pivot, make changes, and design the wealthy life you truly desire.

We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

Ready to transform your life and finances? Join the Happy and Rich Club for Women Physicians — a 6-month, intimate program designed to help you thrive in both life and money. Click here to learn more, enroll, or schedule a quick call to see if it's the right fit for you!

What You'll Learn from this Episode:

  • Why it's normal and necessary to evolve in your career and life.
  • The importance of living life intentionally and not neglecting key areas.
  • How money is a tool to fuel six key areas of life: career, family, relationships, fun, vitality, and self.
  • Details about my new six-month mastermind, the Happy and Rich Club for Women Physicians.
  • Plans for a new business program for female physicians launching in the spring.

Don't forget to grab your Design 2025 & Beyond workbook I created just for you. You'll also get the deets to attend my upcoming live workshop Design Your Wealthy Life on Jan 15th or 18th, 2025.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Wealthy Mom MD with Bonnie Koo | Massive Action: The Key to Achieving Your Hopes and Dreams in 2025

227: Massive Action: The Key to Achieving Your Hopes and Dreams in 2025

227: Massive Action: The Key to Achieving Your Hopes and Dreams in 2025

Wealthy Mom MD with Bonnie Koo | Massive Action: The Key to Achieving Your Hopes and Dreams in 2025Do you find yourself stuck in passive action mode, endlessly consuming information but never actually doing anything with it? You're not alone. As high-achieving, perfectionist women, we often fall into the trap of thinking we need to know everything before taking action. But here's the truth: all that passive action is really just a way to avoid failure.

In this episode, I'm diving deep into the difference between passive and massive action. I explain why we get stuck in passive mode and how it's actually a form of failure in itself. Plus, I share strategies for overcoming your fear of failure and taking the massive action required to achieve your goals.

If you're ready to stop letting perfectionism hold you back and start making real progress toward your hopes and dreams, this episode is a must-listen. I give you the mindset shifts and practical tools you need to get out of your own way and into action. Let's make 2025 the year you finally go after what you really want!

We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

What You'll Learn from this Episode:

  • Why passive action feels safe but is actually a form of failure.
  • How to radically change your relationship with failure.
  • The importance of having compassion for yourself when you fail.
  • How to shorten the time between failure and your next action.
  • Why courses and communities make it easier to take massive action.
  • How to track your progress and ensure you're taking enough massive action.
  • The key mindset shifts required to overcome perfectionism and fear of failure.

Don't forget to grab your Design 2025 & Beyond workbook I created just for you. You'll also get the deets to attend my upcoming live workshop Design Your Wealthy Life on Jan 15th or 18th, 2025.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Wealthy Mom MD with Bonnie Koo | Rethinking Retirement: Are You Chasing the Wrong Goal?

226: Rethinking Retirement: Are You Chasing the Wrong Goal?

226: Rethinking Retirement: Are You Chasing the Wrong Goal?

Wealthy Mom MD with Bonnie Koo | Rethinking Retirement: Are You Chasing the Wrong Goal?I still can’t believe it’s 2025. Time seems to fly, especially when raising kids. My child is about to turn eight, and I can’t help but wonder how it happened so fast. It got me thinking about the stories I hear from clients - how childhood feels short. Many parents say they want to spend more time with their kids but feel money is the obstacle. The truth is, money isn’t the goal; it’s a tool to build a life you won’t regret.

This brings me to a question I hear often: Am I on track for retirement? Should I hire a financial advisor? But that’s not where I’d start. Too many people focus on hitting a “magic number” or following financial rules. The reality is, if you focus only on building net worth, you might reach financial success only to wonder why you didn’t enjoy it sooner. Life isn’t linear, and neither is money. So what are we really working toward, and are we living the life we want?

Tune in this week as I walk you through a mindset shift - thinking of life in seasons and aligning your finances with what matters now. I’ll share practical steps to create a vision of what you want, whether that’s traveling, prioritizing family, or feeling in control of your choices. By the end of this episode, you’ll feel ready to plan for a life that’s rich in every sense.

We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

What You'll Learn from this Episode:

  • Why focusing on a “magic number” for retirement might be holding you back.
  • How to shift your mindset and think of life - and money - in seasons.
  • Ways to identify what truly matters to you and prioritize experiences now, not later.
  • How to create a vision for your life and align your finances to support it.
  • Why money is a tool, not the goal, and how to use it to build a life you love.

Don't forget to grab your Design 2025 & Beyond workbook I created just for you. You'll also get the deets to attend my upcoming live workshop Design Your Wealthy Life on Jan 15th or 18th, 2025.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Wealthy Mom MD with Bonnie Koo | Change Your Mindset, Change Your Life

225: Change Your Mindset, Change Your Life

225: Change Your Mindset, Change Your Life

Wealthy Mom MD with Bonnie Koo | Change Your Mindset, Change Your LifeWhat if the way you see the world isn’t about the circumstances around you, but the lens you’re looking through? Two people can go through the same experience yet describe it completely differently - one sees endless challenges, the other sees possibilities. The secret lies in something we all have but rarely think about: mindset. It’s not just who you are; it’s how you view and live your life.

Most of us think our thoughts are facts, but they’re not. They’re stories we’ve been telling ourselves for years - stories that shape how we feel, what we do, and ultimately, the lives we create. The good news? Those stories aren’t permanent. Changing them takes practice, but it’s absolutely possible. Once you start, it’s like flipping a switch on how you experience everything around you.

This episode is about getting that power back - learning to notice the thoughts that aren’t serving you and choosing ones that do. You’ll walk away with a better understanding of how your mindset shapes your world and simple steps to start shifting it today.

Learn more about Money for Women Physicians, an exclusive money coaching program to get your money and mindset working for you.

Hey! We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

What You'll Learn from this Episode:

  • How your mindset shapes the way you experience life and why it’s not fixed.
  • The connection between your thoughts, emotions, and actions - and how to take control of them.
  • Why beliefs feel like facts and how to identify the ones holding you back.
  • How to start rewiring your brain for a more empowering perspective.
  • How to break free from autopilot thinking and create a mindset that supports your goals.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Wealthy Mom MD with Bonnie Koo | From Medicine to Startups: Dr. Alison Curfman’s Leap Into Innovation

224: From Medicine to Startups: Dr. Alison Curfman’s Leap Into Innovation

224: From Medicine to Startups: Dr. Alison Curfman’s Leap Into Innovation

Wealthy Mom MD with Bonnie Koo | From Medicine to Startups: Dr. Alison Curfman’s Leap Into InnovationWhen I first met Dr. Alison Curfman in 2016, we were part of a Facebook group connecting women physicians who wanted to think differently about their lives and careers. At the time, Alison was deep in pediatric emergency medicine, never imagining she’d step outside the traditional healthcare system. Fast forward to today, and Alison has taken a bold leap - building startups, shaping new models of care, and proving the impact doctors can have beyond clinical work.

Alison’s story is about recognizing problems in the system and deciding to solve them. From co-founding Imagine Pediatrics, a company built to improve care for children with chronic conditions, to working with developers on tech-driven solutions, she’s learned what it takes to bring ideas to life in ways most physicians haven’t imagined. But it hasn’t been a straight path. Alison shares the risks, mindset shifts, and moments of growth that come with stepping into unfamiliar territory, like uprooting her family for a once-in-a-lifetime opportunity and scaling a team from a handful to hundreds.

Tune in to this inspiring conversation to learn how Alison leveraged her skills to break into consulting, advising, and healthcare innovation. Whether you’re a physician exploring new opportunities, curious about how AI and tech are reshaping the industry, or eager to hear how one doctor turned a gap in the system into a thriving business, this episode is packed with insights. Alison also gives a sneak peek into her latest venture, Start Up Physicians, where she’s helping doctors define their value, break into the startup space, and reimagine what’s possible for their careers.

Learn more about Money for Women Physicians, an exclusive money coaching program to get your money and mindset working for you.

Hey! We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

What You'll Learn from this Episode:

  • How to transition from traditional clinical work to entrepreneurship and startups.
  • The mindset shifts doctors need to embrace new opportunities outside the hospital.
  • Why physicians are natural problem-solvers - and how to apply that skill to business and innovation.
  • The role of AI, technology, and value-based care in shaping the future of healthcare.
  • How to create and communicate your value when stepping into consulting or advising.
  • Practical first steps for doctors interested in startups, including coaching, LinkedIn, and building a network.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Wealthy Mom MD with Bonnie Koo | Reflect, Reset, and Step into 2025

223: Reflect, Reset, and Step into 2025

223: Reflect, Reset, and Step into 2025

Grab my End of Year Reflections Prompts that will help you make and stick to meaningful goals for the new year!

Wealthy Mom MD with Bonnie Koo | Reflect, Reset, and Step into 2025

As we wrap up the year, I’ve been thinking about how time seems to speed up as we get older. Do you feel it too? Summers that once felt endless now seem to pass in the blink of an eye, especially with kids around. That’s why it’s important to pause and reflect on the year - on what went well, what we’ve learned, and the moments that truly mattered. For me, one of the highlights was spending a month in Greece with my family, enjoying a freedom and simplicity that’s hard to find in daily life.

Reflection doesn’t have to be overwhelming. It can be as simple as setting aside time to write about your favorite memories or jot down lessons from the challenges you’ve faced. I share some practical ways to reflect on the positives, the meaningful moments, and what you’d like to carry forward into the new year. Whether it’s creating a photo album or journaling, the key is to find tools that work for you and let them guide your thoughts as you close out 2024.

Join me today as we create space to reflect and plan with purpose. Together, we’ll celebrate what made this year special and start thinking about the next chapter. Whether you want to reconnect with your achievements or imagine what 2025 could bring, this episode will inspire you to look back with gratitude and ahead with intention.

Hey! We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

What You'll Learn from this Episode:

  • Why reflecting on your year can help you move forward with clarity and purpose.
  • Simple ways to pause and appreciate the positives from 2024.
  • How to create a meaningful reflection through journaling, photo albums, or storytelling.
  • How to identify the lessons in your challenges and turn them into growth opportunities.
  • Why unstructured play and simplicity can bring joy to your family life.
  • How to set the tone for 2025 with a clear vision and sense of direction.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Wealthy Mom MD with Bonnie Koo | Navigating Perimenopause and Beyond: A Guide to Women’s Health with Dr. Shieva Ghofrany

222: Navigating Perimenopause and Beyond: A Guide to Women’s Health with Dr. Shieva Ghofrany

222: Navigating Perimenopause and Beyond: A Guide to Women’s Health with Dr. Shieva Ghofrany

Wealthy Mom MD with Bonnie Koo | Navigating Perimenopause and Beyond: A Guide to Women’s Health with Dr. Shieva Ghofrany

Being a woman can be challenging, especially when navigating life’s unspoken phases like perimenopause and menopause. I’m joined by Dr. Shieva Ghofrany, a board-certified OB/GYN with over 14 years of experience, to explore the often-overlooked aspects of women’s health. Dr. Shieva shares her personal experience of navigating postpartum life after having her third baby at 41, while also entering perimenopause. She sheds light on how unpredictable and transformative these phases can be, from hormone fluctuations to muscle loss.

In this episode, we dive into actionable advice for women of all ages. Dr. Shieva emphasizes the importance of building muscle and focusing on protein intake, especially after your 30s. She explains how small, realistic changes - like weightlifting and eating well - can have a big impact. Additionally, she discusses the gaps in medical education that leave both women and doctors uninformed about managing perimenopause and menopause, and offers simple, accessible solutions for taking charge of your health.

Tune in this week to gain expert insights on perimenopause, menopause, and postmenopause, as well as practical tips for navigating these life stages with confidence. From the surprising benefits of vaginal estrogen to breaking down the myths around hormone therapy and women’s libido, this episode is packed with empowering knowledge. No matter your age, this is an essential listen to help you take the reins on your health journey.

Learn more about Money for Women Physicians, an exclusive money coaching program to get your money and mindset working for you.

Hey! We have just a few rooms left at our amazing group rate at the Four Seasons Oahu for the 2025 Live Wealthy Money and Wellness Conference For Women Physicians. Don't miss this chance to join us in luxurious Hawaii with incredible speakers to focus on money and living your best life. Virtual tickets are also available!

What You'll Learn from this Episode:

  • The key differences between perimenopause, menopause, and postmenopause.
  • Why knowing these definitions is vital.
  • How to manage hormone fluctuations with simple, accessible lifestyle changes.
  • Why building muscle and prioritizing protein intake in your 30s can have long-term health benefits.
  • The surprising connection between estrogen and vaginal health at different life stages.
  • How gaps in medical education affect women’s access to comprehensive health knowledge.
  • Myths and truths about hormone therapy, including the role of vaginal estrogen and testosterone.
  • Insights into the limited options for addressing women’s libido compared to men’s health solutions.

Listen to the Full Episode:

Featured on the Show:

Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.

 

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Get started on your journey to wealth by getting my FREE book- Defining Wealth for Women.