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Jul 2022
1h 4m

Money Trap #2: Trying to buy EVERYTHING ...

DR. NII DARKO
About this episode

SEND US A TEXT MESSAGE!!! Let Drs. Nii & Renee know what you think about the show!

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/

EveryDollar app

Book Recommendation:
The Psychology of Money

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This episode is sponsored by:

Set For Life Insurance. What the Darkos use for great disability insurance at a low cost!! Check them out at
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