Mar 5 2024
041 Financial Advice For Your Younger Self
We published a blog recently by Dr. Phil Zeltzman (co-founder of VFS) called What Financial Advice Would You Give Your Younger Self? He interviewed some of the best minds in veterinary medicine about what advice they would have given themselves, knowing what they know now. In this episode, we expand on some of the takeaways from that blog.- Tips for saving: High Yield Savings Accounts, Emergency Funds, and Automation- Building credit: Credit Cards, Loans, Rent- Investing: Roth IRA, 401(k) & 403(b), the “3 bucket strategy”, and Real Estate- Student loan mistakes, how to tackle them, and saving for the tax bomb- Career / Practice Ownership: Contracts, Practice Ownership as an investment- Living Fully: Intentionally saving for the future, spending on what you enjoy- Philosophy: Using CE money to learn new skills, making financial education a part of your continuing educationMentioned in this episode:Financial Advice For Your Younger Self Blog: https://vetfinancialsummit.com/what-financial-advice-would-you-give-your-younger-self/Student Loan Planner ($100 off discount link): https://bit.ly/3V4iYJaDebt-Free Vets Facebook Group: https://www.facebook.com/groups/1220774971268317Episode 32 of the Veterinary Financial Podcast: Best Practices for Job SeekersWays to connect with Veterinary Financial Summit: VetFinancialSummit.comInstagram: @vetfinancialsummitFacebook: https://www.facebook.com/VetFinancialSummitEmail: Leadership@VetFinancialSummit.com