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Feeling Trapped? 3 Steps To Break The Golden Handcuffs Or Your Hospital Salary

Feeling Trapped? 3 Steps To Break The Golden Handcuffs Or Your Hospital Salary

Released Tuesday, 13th February 2024
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Feeling Trapped? 3 Steps To Break The Golden Handcuffs Or Your Hospital Salary

Feeling Trapped? 3 Steps To Break The Golden Handcuffs Or Your Hospital Salary

Feeling Trapped? 3 Steps To Break The Golden Handcuffs Or Your Hospital Salary

Feeling Trapped? 3 Steps To Break The Golden Handcuffs Or Your Hospital Salary

Tuesday, 13th February 2024
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In speaking to hundreds of doctors a month, it's obvious that many feel trapped by their hospital salary, and that can lead to burnout, but it doesn't need to be this way!

That's why we went back into our past episodes to give you 3 examples of physicians like you who have broken free of the golden handcuffs put on them by hospitals.

You'll see that they each had 3 commonalities:

  1. There was an "AHA!" moment when their priorities shifted. For these 3 physicians, it coincided with the birth of a child (not always the first), but for you, it's important to validate that it's ok when your priorities shift.
  2. Needing to take action became apparent thanks to a 3rd party diagnosis. As a doctor, everyone counts on you to diagnose things for them, and it's ok to need that too. Whether it's a mentor, a good friend, a coach, or a financial advisor, find people who can give you perspective outside yourself.
  3. No one got there with one step, but they all got started. You'll see each of these physicians took multiple steps that eventually got them the freedom they desired. What is most important was that they got started.

You'll hear from Dr. Mamta Kumar, Dr. Param Baladandapani, and Dr. Ronnie Shalev in this episode with a brief intro from Daniel in each one.

Transform your financial outlook today! Access our exclusive free resources for physicians and conquer financial stress. Access here

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LinksConnect with me on my LinkedInContact Finance for PhysiciansFinance for PhysiciansTo schedule a call with one of our awesome planners, book HERE.

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From The Podcast

Finance for Physicians

As a doctor, you begin your professional career as a high-income earner. But many people don’t talk about the cost of this achievement. As you know, medicine is a demanding field that requires a lengthy, expensive education and rigorous hours of training. When you spend that much time studying and working, you don’t have the time for side jobs to offset the cost, or the mental space to learn about anything else other than how to treat patients. This means most physicians, like you, end up having to take out huge loans to survive, without time to get a proper financial education. But by the time you start to earn income, you begin to feel trapped by “the system”.You start to feel behind in life - forcing you to continue to sacrifice your quality of life and your patient quality of care starts to decrease. This leads to poor health, stressed relationships, and a propensity for burnout from a vocation you worked so hard to achieve.We have a solution: we believe control of our finances leads to having control of our life. Welcome to “Finance for Physicians” a show where we teach and empower doctors, like you, to practice medicine the ways you always dreamed you would- free of financial worry to provide the best level of care for your patients, your family, and yourself.Don’t believe that “burn-out is a necessary myth.” You don’t have to sacrifice your health, relationships, and your career to live the life you want. If you want to learn how to have better control of your finances and more control over your life, this show is for you!“Finance for Physicians” is hosted by financial expert, Daniel Wrenne, of Wrenne Financial.

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