Podcast

Wealthy Mom MD with Bonnie Koo | Building Wealth vs. Actually Living

190: Building Wealth vs. Actually Living

190: Building Wealth vs. Actually Living

Wealthy Mom MD with Bonnie Koo | Building Wealth vs. Actually LivingBill Perkins’ book, Die With Zero, has been blowing my mind lately. Die With Zero offers a total paradigm for how to think about money, offering a focus on maximum life enjoyment. If you want to create a life you truly love while you’re on your wealth-building journey, today’s episode is for you.

The truth is, living wealthy means having both the life you want plus money in the bank. Of course, this looks different for all of us. Whatever financial goals you’re working towards and whatever lifestyle you envision yourself having, what I’m sharing in this episode will give you a new perspective on getting everything you can out of your money while still enjoying your life.

Tune in this week to discover what I learned from Bill Perkins’ amazing book, Die With Zero. I’m giving you a new perspective on saving for retirement, discussing why your kids need money the most when they’re younger, not after you pass away, and why some lifelong memories could be worth more in your old age than the money you could have saved.

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

What You'll Learn from this Episode:

  • How most people die at their peak net worth.
  • Why physicians get tired of the delayed gratification of saving for retirement.
  • The financial rules I’ve always followed and why this book has helped me in rethinking them.
  • How saving money to donate or pass down after you die could actually be considered selfish.
  • Why your kids need money the most when they’re young adults, not when you die.
  • How to see where you’re giving up too much in pursuit of wealth.
  • Why what I’m sharing today isn’t about spending money recklessly, but maximizing your life enjoyment.

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Wealthy Mom MD with Bonnie Koo | Why You Need a Daily Gratitude Practice

189: Why You Need a Daily Gratitude Practice

189: Why You Need a Daily Gratitude Practice

Wealthy Mom MD with Bonnie Koo | Why You Need a Daily Gratitude PracticeHow many of you take the time to intentionally be grateful for something every single day?

A daily gratitude practice has been proven to not only improve your general well-being and overall happiness, but can also open your mind up to new possibilities. Gratitude is about so much more than just giving thanks, and I’m showing you why this week.

Join me on this episode to learn how important a daily gratitude practice is, why it’s a quieter emotion that tends to be harder to feel, and how to let it rise up in your body and take shape in the form of creating more of what you want.

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

What You'll Learn from this Episode:

  • Why practicing gratitude daily is important.
  • What happens when you take the time to intentionally channel gratitude.
  • The value of giving air time to what could be possible for you.

Listen to the Full Episode:

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Wealthy Mom MD with Bonnie Koo | Black Friday Is Here: Get 15x Credit Card Points

188: Black Friday Is Here: Get 15x Credit Card Points

188: Black Friday Is Here: Get 15x Credit Card Points

Wealthy Mom MD with Bonnie Koo | Black Friday Is Here: Get 15x Credit Card PointsWe all love a bargain, and Black Friday is just around the corner, so this is the perfect time to revisit the topic of credit card points, specifically how to 15X your points from the money you’ll spend in the Black Friday sales. You still have a couple of weeks, so now is the time to put what I’m sharing into practice.

Rakuten is famous for the cash-back opportunities they provide. However, around Black Friday, Rakuten carries some amazing opportunities to earn credit card points on purchases you’d be making anyway. If you’re ready to earn up to 15X credit card points in the Black Friday sales, today’s episode is here to show you exactly how to do it.

Tune in this week to discover how to 15X your credit card points this Black Friday. I’m sharing a super simple way to maximize your credit card rewards points while picking up some amazing deals in the process over the Holidays.

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

What You'll Learn from this Episode:

  • How credit card points have changed the way I approach purchases.
  • Some of the bonuses on offer from Rakuten this Black Friday.
  • Some tips to avoid making unnecessary purchases.
  • How you can earn up to 15X points using Rakuten.

Listen to the Full Episode:

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Wealthy Mom MD with Bonnie Koo | How to Get Clear on Your Values with Dr. Hala Sabry

187: How to Get Clear on Your Values with Dr. Hala Sabry

187: How to Get Clear on Your Values with Dr. Hala Sabry

Wealthy Mom MD with Bonnie Koo | How to Get Clear on Your Values with Dr. Hala SabryThe term “values” gets thrown around frequently in the coaching industry, but what does it really mean? How do we identify our values in the first place? And how can we use our values as a personal compass for making our most aligned decisions?

To dive into the topic of values this week, I’m speaking with the founder of the 1% Women’s Club and Physician Moms Group, Dr. Hala Sabry. Dr. Hala is a life and career coach for successful women who are in the top 1% of earners, and she’s an expert when it comes to values work. After years of trying to find the right answers, she’s found conviction in identifying her own values, and she’s here to help you do the same.

Join us on this episode to discover why investigating your personal values is a worthwhile investment of your time and how we often mistake our priorities for values. Dr. Hala is offering her thoughts on the ultimate goal of getting clear on your values, how integration is the missing piece in values work, and a simple exercise for clarifying your own. 

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

What You'll Learn from this Episode:

  • Dr. Hala’s interpretation of what values mean.
  • The difference between your priorities and your values.
  • Why the way you commit to your values can be infectious.
  • The importance of getting clear on your values.
  • What happens when you operate from a place of overwhelm and lack.
  • How to use and integrate values in your decision-making process.
  • Dr. Hala’s exercise for clarifying and integrating your values.

Listen to the Full Episode:

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Wealthy Mom MD with Bonnie Koo | The Truth About Your Clinical Income

186: The Truth About Your Clinical Income

186: The Truth About Your Clinical Income

Wealthy Mom MD with Bonnie Koo | The Truth About Your Clinical IncomeOne of the most common things I hear from my clients as well as from women physicians in general is that they’d love to work less, but they can’t take the financial hit of losing their clinical income. We'd love to work less especially for those of us with kids at home, but we feel trapped because we need our full-time income to survive. 

However, there are a few things we need to address here. The idea that if you work less then you’ll earn less is just a thought. I know it feels true to you right now, but there is a whole world of opportunity you aren’t considering when your only focus is the money you receive for your clinical work as a physician.

Tune in this week to discover how it’s possible to work less without taking a massive financial hit. I’m sharing why your current income level is always temporary, your clinical income is never guaranteed, and I’m giving you some practical tips for working less, spending more time doing what matters to you without earning less money in the process.

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

What You'll Learn from this Episode:

  • Why your lifestyle should not depend on your full income.
  • Some of the specific money mistakes I see physicians making.
  • Why your current income is always temporary.
  • How you can use your physician brain to generate extra streams of income.

Listen to the Full Episode:

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Wealthy Mom MD with Bonnie Koo | How to Create Multiple Streams of Income as a Physician

185: How to Create Multiple Streams of Income as a Physician

185: How to Create Multiple Streams of Income as a Physician

Wealthy Mom MD with Bonnie Koo | How to Create Multiple Streams of Income as a PhysicianOver the course of this podcast, we’ve explored what it means to find financial freedom as a physician and the different options available for you to up-level your money. Since this show is on the crux of hitting 200 episodes, I thought I’d take it back to basics this week by diving into why creating multiple streams of income matters in the first place.

Who doesn’t want multiple streams of income? We know it’s the key to minimizing anxiety in our lives around money and finding financial empowerment faster. The hurdle most physicians face is the how and why behind creating additional streams of income, and this is what I’ll be walking you through on this episode.

Join me today to learn why having multiple streams of income matters, and the truth about all the different ways you can diversify your income as a physician. You’ll hear how physician job security isn’t what it used to be, how to begin shifting your mindset around your money-making ability, and why this will take a leap of faith. 

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

What You'll Learn from this Episode:

  • How physicians often have a limited view of what’s possible.
  • Why there’s now less of a sense of job security among physicians.
  • The alternative streams of income available to physicians beyond patient care.
  • Why most physicians don’t take advantage of the ability to create multiple streams of income.
  • How I make multiple streams of income as a physician entrepreneur.

Listen to the Full Episode:

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Wealthy Mom MD with Bonnie Koo | Locums & Side Hustles for Physicians with Dr. Carrie Reynolds

184: Locums & Side Hustles for Physicians with Dr. Carrie Reynolds

184: Locums & Side Hustles for Physicians with Dr. Carrie Reynolds

Wealthy Mom MD with Bonnie Koo | Locums & Side Hustles for Physicians with Dr. Carrie ReynoldsOne thing I see so many doctors wanting to do is give themselves some breathing room while they figure out what they really want for their lives. How can you take a break without experiencing a significant loss in your income? Making the switch to locums is an amazing place to start.

Locums provide time freedom, and you could possibly make more money than you already do. I have my own experience of shifting to locums, so I’m sharing all of that this week. To get you started finding a side gig that works for you, I’m sitting down with my friend and fellow physician, Dr. Carrie Reynolds, who is a specialist in showcasing the lucrative side work that physicians can undertake.

Tune in this week to discover how switching to locums could change your life. I’m discussing side hustles with Dr. Carrie Reynolds, and we’re showing you how to start thinking beyond your clinical income and sharing some options available to you. Carrie is sharing why she decided to switch to locums and hasn’t looked back since.

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

What You'll Learn from this Episode:

  • What I love about locums.
  • How to get more information on locum opportunities near you.
  • What you can expect to get paid for locums, and how to avoid getting low-balled.
  • How Carrie became super passionate about helping docs with their side gigs.
  • Some examples of amazing physician side hustles.
  • Common misconceptions about locums.
  • How to decide what you want to do differently in your career.

Listen to the Full Episode:

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Wealthy Mom MD with Bonnie Koo | How to Be a Better Parent with Hope Seidel MD

183: How to Be a Better Parent with Hope Seidel MD

183: How to Be a Better Parent with Hope Seidel MD

Wealthy Mom MD with Bonnie Koo | How to Be a Better Parent with Hope Seidel MDToday, I'm joined by my parent coach, Hope Seidel. We've been working together for a while now, and I truly believe that what Hope shares will change every parent's life. Kids don't come with an operating manual; they have different needs, and it's super important to get some help in discovering how you can be the best parent you can possibly be.

Hope Seidel, MD, is a mom of two young adults, a pediatrician, a certified parenting coach, and a passionate advocate for children’s wellness. In addition to her pediatric practice, she started Parent with Hope in 2020, a private coaching business where she works 1:1 with high-achieving parents to create more connection with their kids, confidence in their parenting, and wellness in their homes.

Tune in this week to discover how a parenting coach changed my life and how Hope Seidel's work could change yours. We're discussing our experiences as parents, our role in parenting our children, and we’re diving deep into discipline, understanding our children’s behavior, and Hope is sharing her amazing advice for parents who want to show up differently.

Learn more about Live Wealthy, an exclusive coaching program designed for successful women who want to be confident.... and be rich.

What You'll Learn from this Episode:

  • Why working with a parenting coach has been some of the hardest but most important work of my life.
  • How kids, just like all humans, want to be seen and heard.
  • Some of the well-intentioned things we do that are actually invalidating our children’s life experience.
  • How our kids show us the places we need to heal ourselves.
  • Why punishment isn’t an effective way to teach your children about their behavior.
  • How to start seeing where your child’s behavior is coming from.
  • The impact of the language we use around our children.
  • How to show up as the kind of parent you really want to be.

Listen to the Full Episode:

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Wealthy Mom MD with Bonnie Koo | Thinking Outside Your Practice with Dr. Zwade Marshall

182: Thinking Outside Your Practice with Dr. Zwade Marshall

182: Thinking Outside Your Practice with Dr. Zwade Marshall

Wealthy Mom MD with Bonnie Koo | Thinking Outside Your Practice with Dr. Zwade MarshallJust like physicians, entrepreneurs solve problems where there is a need, so it isn’t surprising when people take on the role of both. If you’re wondering how you can start a new business while already being a full time physician, this is the episode for you.

I’m joined by Dr. Zwade Marshall, an anesthesiologist, interventional spine specialist, and entrepreneur based in Atlanta, Georgia. He's the founder of Doc2Doc Lending, which is an exclusive lending partner for physicians and dentists who are in all stages of their careers. Dr. Zwade is here to share his personal story of becoming an entrepreneur and how the right support, plan, and mindset got him there.

If you want to discover your capabilities outside of being a physician, tune in this week for my conversation with Dr. Zwade Marshall. We discuss how to have more control over your income, how Doc2Doc Lending can guide you through transitional career points, and how the best businesses are usually birthed from personal experience and need.

Learn more about Live Wealthy, an exclusive coaching program designed for successful women who want to be confident.... and be rich.

What You'll Learn from this Episode:

  • Dr. Zwade’s journey of becoming an entrepreneur while continuing his physician practice. 
  • How to approach entrepreneurship from your own personal experiences.
  • How to have a positive, beginner mindset.
  • Doc2Doc Lending’s practice, offers, and application process for physicians and dentists.
  • The impact of responsible credit behavior.
  • How to create and lead a team.

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Wealthy Mom MD with Bonnie Koo | The Brain-Body Connection with Dr. Ali Novitsky

181: The Brain-Body Connection with Dr. Ali Novitsky

181: The Brain-Body Connection with Dr. Ali Novitsky

Wealthy Mom MD with Bonnie Koo | The Brain-Body Connection with Dr. Ali NovitskyWhen we talk about mindset, we generally talk about identifying thoughts that aren’t useful and intentionally thinking more useful thoughts. However, we aren’t just a walking brain, so it’s time to take the conversation down to the wisdom that lives in our bodies, which is especially helpful when we’re stressed. To help me bring this topic of the brain-body connection to you, I have the perfect guest to share her expertise.

Dr. Ali Novitsky does an amazing job of combining thought work with body work. Ali designs health programs specifically for physicians, giving her clients the tools they need to achieve optimal mental, emotional, and physical health.

Tune in this week to discover how to form a deeper connection with your body. We’re discussing what it means to ground yourself when you’re stressed, how you can start practicing body work alongside thought work, and why bringing in this physical aspect as you work on your mindset will transform the way you think and feel about money.

Learn more about Live Wealthy, an exclusive coaching program designed for successful women who want to be confident.... and be rich.

What You'll Learn from this Episode:

  • How Dr. Ali Novitsky helps her clients gain optimal emotional, mental, and physical health.
  • The specific exercise Ali offers women to feel better about the bodies they’re in right now.
  • Why the body is important in helping us process emotions.
  • How fitness and mental health intertwine.
  • What grounding yourself when you’re stressed means.
  • A grounding practice for calming yourself when your nervous system is activated.
  • Dr. Ali Novitsky’s advice for anyone who wants to form a deeper connection with their body.

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Disclaimer: The content in this episode is not financial advice and is provided for educational purposes. Please consult with your licensed financial advisor for professional advice. Wealthy Mom MD does not advocate for the purchase or sale of any security or investment.

Get started on your journey to wealth by getting the Money Book Bundle.

 

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Get started on your journey to wealth by getting the Money Book Bundle.