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In this episode, Dr. Mina talks with Dr. Bonnie Koo, a physician-turned-financial coach, about what it really means to take control of your finances—and why it matters, especially for women. They explore how money, identity, aging, and beauty intersect, and why financial literacy is a powerful tool for self-care and empowerment. Dr. Bonnie shares her own journey of leaving medicine to help women build wealth, shift their money mindset, and challenge outdated beliefs about retirement and success.
Expect honest reflections, practical tips for financial growth, and a refreshing take on what it means to feel confident—in your finances and yourself!
Key Takeaways:
- Shared experiences among women create a comfortable space for discussing money.
- Women often feel pressured by societal beauty standards, impacting financial choices.
- Financial wellness is a crucial aspect of self-care.
- Many women prioritize others over themselves, affecting their financial health.
- The traditional retirement model is outdated and needs reevaluation.
- Financial freedom is achieved through asset accumulation, not just debt repayment.
- Work-life balance should be redefined as work-life integration.
- Understanding personal values and goals is essential for financial planning.
- Conversations about financial goals should be ongoing in relationships. You can create value and income in various ways.
- Courage is essential for making financial changes.
- Mindset plays a crucial role in financial growth.
- Spending habits reflect personal values and priorities.
- Investing in personal development is key to success.
- Understanding money management is a learnable skill.
- High income does not guarantee financial security.
- Diversifying income streams is important for stability.
- Women should feel empowered to want more money.
- Financial education is crucial for long-term success.
Bonnie Koo, MD is master certified life coach, physician and founder of Wealthy Mom MD. She is the money coach for women physicians. She is a proud graduate of Barnard College and Columbia University's College of Physicians & Surgeons. She is the host of the Wealthy Mom MD Podcast and author of Defining Wealth for Women: (n.) Peace, Purpose, and Plenty of Cash! She currently resides in Tampa, Florida.
Follow Dr. Bonnie Koo here:
wealthymommd.com
https://www.instagram.com/wealthymommd/?hl=en
https://podcasts.apple.com/in/podcast/wealthy-mom-md-podcast/id1507420814
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The content of this podcast is for entertainment, educational, and informational purposes and does not constitute formal medical advice.