Interview with Dr. Latifat Akintade

In today’s episode, Dr. Latifat Akintade describes how to generate more money with less hustle as she tells us about her newly released book, Done With Broke: The Woman Physician’s Guide to More Money and Less Hustle.

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Dr. Latifat is a Gastroenterologist and founder of The Money Coaching School for Badass Women Physicians. She combines her interest in personal finance, her training as a certified life coach, and her passion for physician wellness.

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We’re proud to have the University of Tennessee Physician Executive MBA Program, offered by the Haslam College of Business, as the sponsor of this podcast.

The UT PEMBA is the longest-running, and most highly respected physician-only MBA in the country. It has over 700 graduates. And, the program only takes one year to complete. 

By joining the UT Physician Executive MBA, you will develop the business and management skills you need to find a career that you love. To find out more, contact Dr. Kate Atchley’s office at (865) 974-6526 or go to nonclinicalphysicians.com/physicianmba.

Building Wealth as a Physician: The Hustle and Broke Mindset

As physicians, we often find ourselves caught up in a hustle of energy where we’re always searching for the next big thing to make money. This mindset can be detrimental, leading to a fear of missing out and causing us to focus on short-term gains rather than building wealth in the long term. However, with focused energy and strategic planning, there are many ways to build wealth and achieve financial stability.

This mindset can be changed. By acknowledging our past experiences and focusing on simple, timeless principles of investing and building wealth, we can overcome our fear of financial instability and live confidently with our money working for us. By cultivating new habits and a wealth-building mentality, we can live our lives without ever being afraid of being broke again.

Done With Broke: The Woman Physician’s Guide to More Money and Less Hustle.

Dr. Akintade wrote a book to share her wisdom on wealth building and money management, which is accessible to many people and inspired by her own journey. It advises people to identify their risk tolerance and invest based on the seasons of life they are in.

For those who are busy and don’t have much time to actively invest, passive investments such as the stock market or partnering with trusted people could be a good option. Diversification is crucial, and not just in stocks and bonds. One should consider conservative and less conservative investments, short-term, medium-term, and long-term.

Summary

With her extensive knowledge and experience, Dr. Latifat is a trusted expert in the field of personal finance for physicians. She has been featured in several media outlets, including KevinMD, and has spoken at conferences and events on the topic.

If you are a woman physician looking to take control of your finances and achieve financial freedom, The Money Coaching School for Badass Women Physicians is the perfect place to start. With Dr. Latifat’s guidance, you can achieve your financial goals and live the life you’ve always dreamed of.

NOTE: Look below for a transcript of today’s episode. 

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Disclaimers:

Many of the links that I refer you to are affiliate links. That means that I receive a payment from the seller if you purchase the affiliate item using my link. Doing so has no effect on the price you are charged. And I only promote products and services that I believe are of high quality and will be useful to you.

The opinions expressed here are mine and my guest’s. While the information provided on the podcast is true and accurate to the best of my knowledge, there is no express or implied guarantee that using the methods discussed here will lead to success in your career, life, or business.

The information presented on this blog and related podcast is for entertainment and/or informational purposes only. I do not provide medical, legal, tax, or emotional advice. If you take action on the information provided on the blog or podcast, it is at your own risk. Always consult an attorney, accountant, career counselor, or other professional before making any major decisions about your career.