In this episode, we explore a powerful and fun way to boost your happiness—by living in the present through flow and savoring. This is the 8th episode in the series following Dr. Sonja Lubomirski’s book, The How of Happiness.

You’ll learn what “flow” really means, how to create it in your daily life, and why it’s one of the most effective ways to feel more fulfilled, engaged, and joyful—whether at work, at home, or in your free time.

Drawing from the groundbreaking research of psychologist Mihaly Csikszentmihalyi, we dive into how flow helps us operate at our best, the importance of balancing challenge and skill, and how to find deeper meaning even in routine activities. We also cover practical ways to invite more flow into your conversations, leisure time, and professional life—plus, why savoring the process matters more than chasing the end goal.

What You’ll Learn in This Episode:

• What the state of flow is and why it’s so enjoyable
• How to find the right balance between challenge and skill
• Why flow leads to more happiness and fulfillment
• How to create “microflow” moments in everyday tasks
• Ways to bring flow into your conversations and leisure time
• How your perspective on work can shift your experience of it
• The difference between healthy flow and potentially harmful overindulgence

Please subscribe and leave a review on your favorite Podcasting platform.

Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook

Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

Website: https://ww.GrowYourWealthyMindset.com

Instagram https://www.instagram.com/GrowYourWealthyMindset

Facebook https://www.facebook.com/ElisaChiang

https://www.facebook.com/GrowYourWealthyMindset

YouTube: https://www.youtube.com/c/WealthyMindsetMD

Linked In: www.linkedin.com/in/ElisaChiang

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In this episode of The Grow Your Wealthy Mindset, we demystify the world of options trading—a topic that often feels complex and intimidating, especially for busy professionals like physicians. Whether you’ve heard of puts, calls, or covered calls and want to finally understand what they mean, or you're simply curious about how options can fit into a diversified investment strategy, this episode is for you.

Tune in to learn:

What options are and how they work

The difference between calls and puts

What it means to short a stock vs. buying a put

Common options strategies: covered calls, protective puts, bull call spreads, and bear put spreads

Even if you never plan to trade options, understanding how they work will help you better grasp market behavior and protect your wealth from unnecessary risk. Tune in to learn how options trading can be used for speculation, hedging, and income generation—and why it may or may not be a fit for your personal financial plan.

Please subscribe and leave a review on your favorite Podcasting platform.

Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook

Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

Website: https://ww.GrowYourWealthyMindset.com

Instagram https://www.instagram.com/GrowYourWealthyMindset

Facebook https://www.facebook.com/ElisaChiang

https://www.facebook.com/GrowYourWealthyMindset

YouTube: https://www.youtube.com/c/WealthyMindsetMD

Linked In: www.linkedin.com/in/ElisaChiang

Disclaimer: The content provided in the Grow Your Wealthy Mind...

Dave Ramsey has helped millions of people take control of their finances—but does his advice make sense for physicians? In this episode of The Grow Your Wealthy Mindset, I break down where Ramsey’s principles work and where they fall short for doctors. With our unique financial journey—years of training, six-figure student loan debt, and sudden income jumps—physicians need a more nuanced approach than blanket debt-aversion.

From student loans and investing, to credit cards and retirement planning, I’ll explain why following Ramsey’s 7 Baby Steps might actually hurt more than help, especially if you're a physician working toward financial freedom.

What You’ll Learn in This Episode:

Why debt isn’t always bad—especially when it’s funding an income-producing asset like a medical degree

The ROI of student loans and how to decide if borrowing for education makes sense

Why Ramsey’s strict “no credit card” rule isn’t practical—or always smart—for physicians

Why delaying retirement investing for student loan payoff can cost you

Social Security data source:

Tamborini, Christopher R., ChangHwan Kim, and Arthur Sakamoto. 2015. Education and Lifetime Earnings in the United States. Demography 52: 1383–1407.

Please subscribe and leave a review on your favorite Podcasting platform.

Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook

Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

Website: https://ww.GrowYourWealthyMindset.com

Instagram https://www.instagram.com/GrowYourWealthyMindset

Facebook https://www.facebook.com/ElisaChiang

https://www.facebook.com/GrowYourWealthyMindset

YouTube: https://www.youtube.com/c/WealthyMindsetMD

Linked In: www.linkedin.com/in/ElisaChiang

Disclaimer: The content provided in the Grow Your Wealthy Mind...

In this timely episode, Dr. Elisa Chiang breaks down the One Big Beautiful Bill Act, signed into law on July 4, 2025, and what it means for physicians. With over 800 pages of legislation, this sweeping law has far-reaching implications for taxes, healthcare funding, student loans, and energy incentives. Dr. Chiang highlights the key takeaways—both positive and negative—for physicians, medical students, practice owners, and anyone working in healthcare.

What You'll Learn:

• How the bill permanently lowers marginal tax rates and benefits high-earning physicians
• What the new 100% bonus depreciation rules mean for real estate investors and practice owners
• How the $50 billion Rural Health Fund could impact rural clinicians and hospitals
• Changes to Medicare, Medicaid, and ACA coverage—and what they mean for your patient panels and uncompensated care
• Why the reduction in the Medicaid provider tax will shrink state funding and affect reimbursement
• The new caps on federal student loans and how they may worsen the physician shortage
• Major changes to Public Service Loan Forgiveness (PSLF) and which repayment plans still qualify
• A timeline of expiring clean energy credits for solar, EVs, and home efficiency upgrades

Key Dates to Know:

• July 1, 2026: New cap on federal student loans begins
• July 1, 2028: Deadline for existing borrowers to switch to RAP or IBR for PSLF
• September 30, 2025: EV purchase credits expire
• December 31, 2025: Last day to claim credits for solar panels, energy-efficient windows, and heat pumps
• June 30, 2026: EV charger tax credit expires

Please subscribe and leave a review on your favorite Podcasting platform.

Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook

Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

Website: https://ww.GrowYourWealthyMindset.com

Instagram https://www.instagram.com/GrowYourWealthyMindset

Facebook https://www.facebook.com/ElisaChiang

https://www.facebook.com/GrowYourWealthyMindset

YouTube: https://www.youtube.com/c/WealthyMindsetMD

Linked In: www.linkedin.com/in/ElisaChiang

Disclaimer: The content provided in the Grow Your Wealthy Mind...

In this episode of The Grow Your Wealthy Mindset, we explore the 7th happiness activity from The How of Happiness by Sonja Lyubomirsky: Learning to Forgive. Forgiveness isn't about condoning hurtful behavior or reconciling relationships—it's about freeing yourself from anger, resentment, and emotional weight. You'll learn what forgiveness truly means, why it's essential for your mental and emotional health, and practical strategies you can start using today to begin your own forgiveness journey.

Whether you're holding onto past hurts or struggling to forgive yourself, this episode offers powerful insights and simple yet transformative exercises to help you move forward with peace and clarity.

What You’ll Learn in This Episode:

What forgiveness is—and what it’s not

How holding onto anger harms your well-being

The science-backed benefits of forgiveness

Step-by-step forgiveness exercises you can try today

Why forgiving others helps you more than it helps them

How to develop empathy even in painful situations

Please subscribe and leave a review on your favorite Podcasting platform.

Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook

Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

Website: https://ww.GrowYourWealthyMindset.com

Instagram https://www.instagram.com/GrowYourWealthyMindset

Facebook https://www.facebook.com/ElisaChiang

https://www.facebook.com/GrowYourWealthyMindset

YouTube: https://www.youtube.com/c/WealthyMindsetMD

Linked In: www.linkedin.com/in/ElisaChiang

Disclaimer: The content provided in the Grow Your Wealthy Mind...

Did you know you could get a 22–37% discount on your childcare or dependent care expenses just by using pre-tax dollars? In today’s episode, I dive into the often-overlooked but highly valuable Dependent Care Flexible Spending Account (FSA). While Health FSAs and HSAs get plenty of attention, Dependent Care FSAs can offer significant tax advantages—especially for dual-income families or single parents.

I break down who qualifies, what kinds of care are eligible, how much you can contribute, and what special considerations apply if you're divorced, filing separately, or classified as a highly compensated employee.

Whether you’re a physician with young kids or caring for a dependent adult, understanding how to use this account effectively could save you thousands.

In this episode, you’ll learn:

- How Dependent Care FSAs work and how they differ from Health FSAs

- Who qualifies as a dependent for reimbursement

- What expenses are eligible (and what’s not)

- Key contribution limits for 2025 and special rules for high-income earners

- How divorce and custody arrangements affect eligibility

- How to coordinate Dependent Care FSAs with the Child and Dependent Care Tax Credit

- Common mistakes and nuances to watch out for

Resources Mentioned:

IRS Publication 503: https://www.irs.gov/publications/p503

Episode 137: Flexible Spending and Healthcare Savings Accounts

Disclaimer: I am not a CPA. Please consult your tax advisor for personalized guidance.

Please subscribe and leave a review on your favorite Podcasting platform.

Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook

Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

Website: https://ww.GrowYourWealthyMindset.com

Instagram https://www.instagram.com/GrowYourWealthyMindset

Facebook https://www.facebook.com/ElisaChiang

https://www.facebook.com/GrowYourWealthyMindset

YouTube: https://www.youtube.com/c/WealthyMindsetMD

Linked In: www.linkedin.com/in/ElisaChiang

Disclaimer: The content provided in the Grow Your Wealthy Mind...

Looking for a way to grow your income beyond your clinical job? In this episode, we’re diving into debt funds—an often overlooked but powerful tool for generating cash flow. Whether you're curious about how they work, the risks involved, or how to get started, this episode breaks it all down in simple terms. If you’ve ever wondered how you can make your money work harder for you—without swinging for the fences—debt funds might be the steady engine your portfolio needs.

In this episode, you’ll learn:

What debt funds are and how they generate income

What kind of returns you can expect from debt fund investments

Tax considerations for debt fund income

How to evaluate a debt fund and what to look for

Common pitfalls to avoid when investing in these vehicles

Please subscribe and leave a review on your favorite Podcasting platform.

Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook

Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

Website: https://ww.GrowYourWealthyMindset.com

Instagram https://www.instagram.com/GrowYourWealthyMindset

Facebook https://www.facebook.com/ElisaChiang

https://www.facebook.com/GrowYourWealthyMindset

YouTube: https://www.youtube.com/c/WealthyMindsetMD

Linked In: www.linkedin.com/in/ElisaChiang

Disclaimer: The content provided in the Grow Your Wealthy Mind...

In this episode of The Grow Your Wealthy Mindset Podcast, we're diving into two primary strategies investors use to grow their wealth: investing for appreciation and investing for cashflow. Whether you're aiming to build long-term wealth or looking to create more immediate income from your investments, understanding the difference between these two approaches is essential to aligning your strategy with your financial goals.

You'll learn:

The difference between equity appreciation and investment cashflow

How payment structures can impact your total return and reinvestment opportunities

Why your financial phase (accumulation vs. decumulation) influences your preferred investment style

Which types of assets typically favor appreciation (e.g., stocks, Class A real estate)

Which investments are better known for cashflow (e.g., REITs, bonds, Class C real estate)

The tax implications of appreciation vs. cashflow investing

How passive income vehicles like dividend stocks, CDs, and bonds can complement your investment strategy

Resources & Mentions:

Episode 143: REITs: The Simplest Way to Invest in Real Estate – Released Feb 19, 2025

Episode 34: Understanding Certificates of Deposit (CDs) – Released Jan 18, 2023

Vanguard High Dividend Yield Index Fund – With a recent 30-day yield of 2.63%

Dividend-Paying Stocks Mentioned:

AGNC Investment (AGNC) – 17% yield

International Seaways Inc (INSW) – Up to 14% yield

AG Mortgage Investment Trust Inc (MITT) – Up to 12% yield

Please subscribe and leave a review on your favorite Podcasting platform.

Get 12 Financial Mistakes that Keep Physicians from Building Wealth at https://www.growyourwealthymindset.com/12financialmistakes

If you want to start your path to financial freedom, start with the Financial Freedom Workbook. Download your free copy today at https://www.GrowYourWealthyMindset.com/fiworkbook

Dr. Elisa Chiang is a physician and money coach who helps other doctors reach their financial goals by mastering their money mindset through personalized 1:1 coaching .

You can learn more about Elisa at her website or follow her on social media.

Website: https://ww.GrowYourWealthyMindset.com

Instagram https://www.instagram.com/GrowYourWealthyMindset

Facebook https://www.facebook.com/ElisaChiang

https://www.facebook.com/GrowYourWealthyMindset

YouTube: https://www.youtube.com/c/WealthyMindsetMD

Linked In: www.linkedin.com/in/ElisaChiang

Disclaimer: The content provided in the Grow Your Wealthy Mind...