YFP 355: Preparing for New Practitioner Life: 5 Financial Moves to Make After Graduation

Your Financial Pharmacist

YFP Co-Founder & CEO, Tim Ulbrich, PharmD shares five key elements for building a strong financial foundation after graduation.

This episode is brought to you by YFP+.

Summary

On this episode sponsored by YFP+, host Tim Ulbrich outlines five key elements for building a strong financial foundation. Whether you are a pharmacy student looking ahead, a soon to be 2024 graduate, or a resident, fellow, or new practitioner trying to find solid financial footing, Tim shares what it means to build a strong financial foundation, no matter where you are in your career.

With the average pharmacist facing staggering student loan debt and often lacking financial knowledge, Tim shares practical strategies to help pharmacists begin to navigate debt management, investing, insurance coverage and retirement planning.

About Today's Guest

Tim Ulbrich is the Co-Founder and CEO of Your Financial Pharmacist. Founded in 2015, YFP is a fee-only financial planning firm and connects with the YFP community of 15,000+ pharmacy professionals via the Your Financial Pharmacist Podcast podcast, blog, website resources and speaking engagements. To date, YFP has partnered with 75+ organizations to provide personal finance education.

Tim received his Doctor of Pharmacy degree from Ohio Northern University and completed postgraduate residency training at The Ohio State University. He spent 9 years on faculty at Northeast Ohio Medical University prior to joining Ohio State University College of Pharmacy in 2019 as Clinical Professor and Director of the Master’s in Health-System Pharmacy Administration Program.

Tim is the host of the Your Financial Pharmacist Podcast which has more than 1 million downloads. Tim is also the co-author of Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth. Tim has presented to over 200 pharmacy associations, colleges, and groups on various personal finance topics including debt management, investing, retirement planning, and financial well-being.

Mentioned on the Show

• YFP+
• YFP Gives Scholarship
• Register for This Free Webinar: Your Checklist for Buying a Home in 2024
• YFP Budget Template
• YFP Financial Fitness Test
• YFP Podcast Episode 165: The Power of a Health Savings Account (HSA)
• YFP Blog: Why I’m Not Using My Health Savings Account to Pay for Medical Expenses
• YFP Podcast Episode 272: How Much is Enough (Retirement Planning)
• YFP Planning
• Subscribe to the YFP Newsletter
• Tim Ulbrich on LinkedIn
• YFP on Instagram
• YFP Facebook Group
• YFP Disclaimer