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Physician Family Financial Advisors
Should doctors bother to set financial goals?
25:10
 

Should doctors bother to set financial goals?

finances financialgoals physician physicianfamily Dec 29, 2021

You conquered a big goal when you became a doctor, so setting financial goals should come easy to you, right? Maybe not. A goal that’s not specific, measurable, attainable, rewarding, and timely is just a dream. So, how specific do goals need to be for them to come true for you?  Listen for a discussion about goals versus intentions, accountability partners, and how to build good habits. Learn how you as a physician can use these concepts to your advantage to set achievable goals. Tune in to turn your dreams into goals, and your goals into results for your family.

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Send your questions about taxes, investing, extra money, retirement, college and financial parenting to [email protected] or call the Physician Family Answer Line at (503) 308-8733.

 

IN THIS EPISODE

  • [00:21] What is a goal?
  • [02:43] How intentions differ from goals.
  • [04:39] How to set a goal when you can’t get specific enough about your goal.
  • [08:07] How mental images can help to set a goal.  
  • [09:59] Physicians with financial goals should designate an accountability partner.  
  • [12:26] What are the alternatives for people who cannot make progress to set or define a goal?
  • [15:55] The five cornerstone habits - the habits to support all other habits.
  • [16:50] Why habits and goals are different.
  • [20:28] Long term SMART goals can be paired down to fit into everyday life. They can help you say no to the wrong opportunities and yes to the right opportunities.  
  • [22:55] Should doctors bother to set financial goals?  

 

NOTICE

Physician Family Financial Advisors Inc., a registered investment advisor, has reasonable belief that the information and content as a whole does not include any false or materially misleading statements or omissions of facts regarding services, investments, or client experience. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.  Investments involve risk and unless otherwise stated, are not guaranteed. Information expressed does not take into account the specific situation or objectives of individuals and is not intended as recommendations appropriate for all individuals. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation.  Past performance is not indicative of future performance.

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