Join host Sim Terwilliger, CFP®, CSLP®, on a transformative journey for physicians ready to take charge of their financial futures—no prescription needed! Each episode tackles the unique challenges and opportunities of a medical career, offering actionable strategies to boost your financial well-being, all while being mindful of student loans (which can feel like a bad case of indigestion).
From navigating student loans to making smart investments, we explore everything from PSLF to practice management. Our mission is to empower you to achieve your financial goals in a relatable way—because financial health should feel like a walk in the park, not a marathon in scrubs.
Whether you're a resident figuring out if ramen counts as food or a seasoned physician wondering where your paycheck went, our practical advice and light-hearted banter will guide you. Subscribe now and join us every other week for financial wisdom and a few good laughs—because your money should work as hard as you do!
The Financially Free Physicians podcast introduces Financially Free Era by SLP Wealth, exploring common misconceptions about financial freedom and different approaches to achieving FIRE.
29 May 2025
Whole Life or Whole Paycheck?
Insurance director Dennis Hornsby discusses the essentials of evaluating life insurance coverage, avoiding common mistakes, and selecting the right policy for high-income professionals in this interview episode.
22 May 2025
DIS Is It - The DISability Insurance Guide You Need
You’ve spent years building your career. What happens if you couldn’t work tomorrow? This uncomfortable question highlights why disability insurance carries serious weight despite not being a flashy topic. Financial planner Jared Costigan, CFP®, CSLP®, joins us to talk about what it really means to protect your most valuable asset: your ability to earn an income. Learn what disability insurance actually covers, how short-term and long-term policies work, and why coverage tends to cost more for women. You’ll hear why “own-occupation” coverage is worth looking for, how to compare what your employer offers versus buying your own policy, and which add-ons (called riders) are actually useful.
Key moments:
(04:26) Dual-physician households should still consider disability insurance
(11:15) How private coverage stacks up against what your job offers
(19:02) Not all riders are worth it — here’s how to avoid paying for stuff you don’t need
(30:31) Why disability insurance costs more than life insurance
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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15 May 2025
Married to Medicine
Ever wonder what happens behind the scenes in a medical household? We're pulling back the curtain on physician family life and dishing the unfiltered truth about riding the med school rollercoaster together and juggling careers while supporting a doctor spouse. Listen in to hear about the late nights, the moved holidays, and the six-figure student loans as we share stories and wisdom you won't find in any textbook. Whether you're dating a med student or married to an attending, this conversation is like finding your people. You’ll laugh, maybe tear up, and definitely feel less alone.
Key moments:
(05:08) Medical couples face tough but important conversations when ranking residency programs
(12:26) "Who does what?" Rapid-fire household task division reveals medical family dynamics
(19:59) Physician families need to acknowledge, "This is tough, but we're okay."
(25:30) Crucial decision point: Pay student loan interest during residency or defer it?
(33:03) Don't wait for retirement — bring elements of that dream life into your present
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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1 May 2025
From Rounds to Receipts: The Complete Resident's Cashflow Guide
Residency is a financial tightrope — you've got the education of a doctor but the paycheck of... well, not a doctor. You’ll learn how to create a realistic cash flow plan without micromanaging every decision, how single residents navigate differently than couples, and when buying a house during residency makes sense (or doesn't). Listen in for practical advice without the judgment, shame, or complicated spreadsheets
Key moments:
(07:10) Start your cash flow plan by tracking regular bills first, then variable expenses
(13:55) Borrowing extra during residency depends entirely on your repayment strategy
(24:31) Credit card interest destroys wealth — always pay statements in full
(34:35) Key questions residents should ask when comparing renting vs. buying a house
(44:57) Should you save during residency — and if so, pretax or Roth?
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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17 Apr 2025
Just Say No! Boundaries Without Burnout
Work boundaries might not sound exciting, but they’re the secret sauce to a happier, healthier career in medicine. Travis Hornsby of SLP Wealth joins us to share a unique perspective as both a multipreneur and the husband of a physician.
You’ll get practical tips for managing screen time, saying no without guilt, and protecting your energy in high-stress environments. This isn’t just about getting through the workday — it’s about reshaping your relationship with medicine so you can build a career that lasts for decades. After all, the best physicians aren't the ones working themselves to exhaustion. They’re the ones who’ve figured out how to protect their time and their peace.
Key moments:
(03:30) Boundaries are fences — they’re not mean, they’re protective
(09:10) Practical boundary tips any medical professional can start using right now
(15:30) Boundaries should flex, not snap
(20:34) Why boundaries hit differently when your bills are covered
(25:37) You can't self-care your way out of a toxic situation
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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3 Apr 2025
Negotiate Your Physician Contract With Confidence: Your Guide to Contract Negotiation Strategies
Contracts might not be the most exciting part of starting a new job, but they’re one of the most important. It’s not just about salary — it’s the full picture: benefits, time off, call schedules, and all the details that affect your day-to-day life. We’re joined by financial planner Jared Costigan, CFP®, CSLP®, who’s had a front-row seat to the physician career journey. His wife’s about to be a fellow, and their circle of friends has been navigating these same conversations. Learn about the leverage you may not realize you have, the questions you should be asking, and how to look at an offer with your long-term well-being in mind. We also get into some surprising stats from Medscape that show how physicians across specialties think about money, benefits, and lifestyle. Whether you're signing your first contract or sizing up your next move, we’re here to remind you: you’re worth negotiating for.
Key moments:
(03:18) Money talk can feel awkward, but sharing compensation info with peers can give you major clarity and leverage
(06:37) Medscape’s physician compensation report helps you find average pay by specialty
(11:32) These early negotiations give you a glimpse into how future conflict might be handled at your workplace
(16:36) The two main types of malpractice insurance, and why occurrence-based is usually the safer bet
(25:40) Negotiation strategies — your strongest leverage is knowing your value, and being ready to walk if the offer falls short
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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Follow on Apple Podcasts, Spotify, or Amazon Music
Leave an honest review on Apple Podcasts
Follow us on YouTube at Financially Free Physicians
20 Mar 2025
Childcare Costs Are Wild: Here’s How to Manage Them
Raising kids comes with love, joy — and a hefty price tag. We’re peeling back the layers to reveal the often-overwhelming costs of childcare, breaking down what families need to know to stay ahead.
Learn practical strategies to make expenses more manageable, from tax credits and dependent care FSAs to navigating nanny payroll and long-term planning. Tune in to learn how to keep more money in your pocket while giving your loved ones the best care possible.
Key moments:
(04:44) The child tax credit and child and dependent care credit have different age requirements — know the difference
(07:34) Even with little income, filing taxes can unlock valuable credits
(10:55) The child and dependent care credit isn’t a set amount — here’s how it’s calculated
(13:07) Your tax filing status impacts how you use a Dependent Care FSA
(19:08) What to know about Schedule H when hiring a nanny (or other household help)
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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6 Mar 2025
From Ramen to Ribeye: Smart Money Moves for New Attendings
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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The leap from resident to attending is a defining moment in any physician’s career — bringing more income, more responsibility, and new financial decisions. SLP Wealth financial planner Angie Pack, CSLP®, joins us to explore what this transition really looks like, both professionally and personally. We’ll discuss managing your first attending salary, avoiding lifestyle creep, and making smart financial moves like Roth IRA contributions - and how to do them right. Angie shares her journey, offering insight into the real-world adjustments she and her husband faced after residency. If you’re stepping into this next phase, this episode will help you build a strong foundation for the future — without the financial missteps.
Key moments:
(07:59) The truth about “living like a resident” as an attending — does it really pay off?
(18:28) Why a Roth IRA is one of the smartest financial moves for residents
(22:19) The pro-rata tax rule and what it means for your backdoor Roth conversion
(29:27) A sneaky way to take advantage of low student loan payments before residency ends
(33:25) Imposter syndrome doesn’t end with residency
20 Feb 2025
Can Pediatricians Build Wealth? A Resident Spouse’s Inside View
Pediatricians often earn less than other specialists. Is it financially viable? Get an insider’s perspective from financial planner Jared Costigan, CFP®, CSLP®, whose wife is a pediatrician in training.
This candid conversation pulls back the curtain on the economic realities of choosing children’s medicine, from managing six-figure student loans to understanding the impact of Medicaid reimbursements. You’ll discover practical insights for balancing professional fulfillment with prosperity in pediatric medicine.
Key moments:
(03:48) Medicaid reimbursements lag behind private insurance and Medicare rates
(07:17) Job fulfillment matters more than any paycheck
(11:59) Student loan forgiveness programs can reshape the ROI calculation for medical school
(16:38) The income gap between pediatricians and other specialists
(19:33) Choosing pediatrics makes sense even when financial math suggests otherwise
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
Like the show? There are several ways you can help!
Follow on Apple Podcasts, Spotify, or Amazon Music
Leave an honest review on Apple Podcasts
Follow us on YouTube at Financially Free Physicians
6 Feb 2025
Financially Naked and Unashamed: Getting Real About Money and Love
With Valentine’s Day right around the corner, we’re exploring the evolving balance of love and money in relationships. We’re joined by Maggie Reyes, a double-certified master coach specialist in sex, love, and relationships, and self-proclaimed “relationship nerd,” to encourage you to redefine your relationship with money and challenge traditional gender roles.
We uncover the pressures that come with financial independence and how to have healthy, productive money conversations with your partner. You’ll discover practical strategies to navigate shared finances, balance relationship expectations, and create financial freedom without resentment.
Key moments:
(04:14) There’s no rulebook for love and money — unlearning old beliefs might be the key to a stronger relationship
(09:49) When men feel “emasculated” by money, what’s really happening — and how to fix it
(17:07) The decision-making filter that helps you say “yes” without guilt and “no” without regret
(26:32) Why every woman needs financial independence whether she plans alone or with a partner
Link mentioned in this episode:
Learn more about Maggie Reyes (https://maggiereyes.com/)
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
Like the show? There are several ways you can help!
Follow on Apple Podcasts, Spotify, or Amazon Music
Leave an honest review on Apple Podcasts
Follow us on YouTube at Financially Free Physicians
23 Jan 2025
Think You Have to Pay for College? Think Again
With college costs on the rise, saving for your child’s education can feel overwhelming — but it doesn’t have to be. We sat down with SLP Wealth partner and financial planner Dan Rooker, CFP®, CSLP®, to share strategies that make college planning simpler and more effective.
From choosing the right savings accounts to understanding financial aid, we’ll guide you through the options so you can make the best decisions for your family’s future.
Key moments:
(03:25) 529 plans can double as estate planning tools and future Roth IRAs
(12:12) High income doesn’t always mean no financial aid
(13:38) Educational Savings Accounts are like Roth IRAs for education
(16:07) UTMAs and UGMAs — who they’re for and why they matter
(18:54) Taxable accounts offer unmatched control and flexibility
(27:06) Where to start if you’re overwhelmed by college planning
Link mentioned in this episode:
Vanguard Tax Alpha Calculator
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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9 Jan 2025
Are Non-Competes Done For?
Non-compete agreements are a hot topic for physicians, with the FTC’s recent ruling sparking debates and potential changes on the horizon. We’re joined by financial planner Meredith Jones, DVM, CSLP®, AFC®, to explore what makes up a typical non-compete, why the FTC’s decision could reshape the rules, and how the American Medical Association is responding. Most importantly, we’ll share actionable steps physicians can take right now to advocate for themselves and protect their professional freedom.
Key moments:
(02:31) Why the FTC’s recent ruling has everyone talking about non-competes
(05:58) How the AMA and other major associations are responding to the non-compete debate
(08:03) A firsthand story about how non-competes can limit career options
(16:08) Steps physicians can take right now to push back against restrictive agreements
Link mentioned in this episode:
FTC Announces Rule Banning Noncompetes
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
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26 Dec 2024
10 Resolutions for 2025 (That Might Surprise You)
New year, new goals — but these 10 resolutions for 2025 are anything but ordinary. In this episode, we’re joined by Meagan McGuire, CFP®, ChFC®, CSLP®, to talk through unexpected ways to improve your financial health, career satisfaction and overall well-being in the coming year.
We’ll discuss how to define your “enough,” build boundaries to combat constant marketing pressures and focus on money neutrality instead of unhealthy comparisons. From philanthropy to honest money conversations, we’ll explore practical tips for starting 2025 with clarity, confidence and a mindset that embraces both progress and peace.
Key moments:
(08:20) Setting boundaries at work even when you can’t fully unplug
(13:30) Let go of guilt and embrace money neutrality — spend and save without shame
(19:53) How giving back through philanthropy can add purpose and break free from the grind
(24:59) Raised to avoid money talk? Here’s how to have fearless financial conversations
Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.
Like the show? There are several ways you can help!
Follow on Apple Podcasts, Spotify, or Amazon Music
Leave an honest review on Apple Podcasts
12 Dec 2024
Family Planning, Fertility and Finding Balance
Physician and financial expert Angie Pack, CSLP, shares her personal and professional insights on navigating family planning, fertility, and financial balance for women in medicine.
28 Nov 2024
A Love Letter to Physicians
SLP Wealth Advisors, led by financial experts, offer a love letter to physicians, celebrating their resilience and impact, while sharing practical financial tips and strategies for a stronger bottom line.
14 Nov 2024
5 Tax-Smart Alternatives That Beat High-Yield Savings Accounts
7 Nov 2024
A New Financial Rx for Physicians
Holding onto outdated money advice as a physician? It’s time for a new perspective. In this first episode, financial planner Sim Terwilliger, CFP®, CSLP®, and special guest Travis Hornsby, CFA®, CFP®, set the stage for the conversations they’ll be having: from debt strategies and wealth building to navigating burnout and lifestyle decisions, even what to do when family asks for money. We highlight the often-overlooked perspective of female physicians and expose common financial pitfalls for early and mid-career doctors.
Whether you’re a first-gen doc or just seeking more balance, this episode introduces the fresh, practical insights you can expect in every show — helping you build a career (and life) that truly fits you.
Key moments:
03:35 Physicians face more “investment noise” than any other profession
08:58 Why sometimes it’s worth skipping student loan forgiveness for a job that offers a better quality of life now
16:23 One of the pros and cons of being a physician is you're brilliant
21.44 Handling the high-stress demands of being a physician
Doctors know best… about medicine. Book a free intro call (https://slpwealth.com/physicianpod) to give your finances a second option. Just browsing? Learn more about us at SLP Wealth.
4 Nov 2024
Welcome to Financially Free Physicians
Join host Sim Terwilliger, CFP®, CSLP®, on a transformative journey for physicians ready to take charge of their financial futures—no prescription needed! Each episode tackles the unique challenges and opportunities of a medical career, offering actionable strategies to boost your financial well-being, all while being mindful of student loans (which can feel like a bad case of indigestion).
From navigating student loans to making smart investments, we explore everything from entrepreneurship to practice management. Our mission is to empower you to achieve your financial goals in a relatable way—because financial health should feel like a walk in the park, not a marathon in scrubs.
Whether you’re a resident figuring out if ramen counts as food or a seasoned physician wondering where your paycheck went, our practical advice and light-hearted banter will guide you. Subscribe now and join us every other week for financial wisdom and a few good laughs—because making your money work as hard as you do shouldn’t feel like a broken leg!
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YouTube views
546
Score snapshot 15 Sept 2025
Apple Podcasts (US)
5.0 / 5
1 ratings
Podcast Authority Score: 54 / 100
A composite of feed quality, social presence, YouTube performance and engagement. Read the methodology.
Quality
60
Social presence
0
YouTube
72
Engagement
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