Big life changes in your 30s can come with even bigger price tags. In this episode, we unpack the three financial considerations for young professionals: kids, housing, and large upcoming expenses like weddings and vacations. We share personal experiences about managing childcare costs, deciding whether to buy or rent a home, and budgeting for the big events. You’ll also get practical advice on aligning your spending with your values, setting priorities, and making decisions that align with your long-term goals. Tune in to learn how to navigate these significant financial milestones and secure your financial future.

[00:14:36] Navigating the Big Three Financial Decisions in Your Thirties
[00:16:44] The Cost of Raising Kids
[00:27:29] Balancing Timing and Financial Readiness for Parenthood
[00:29:58] Navigating Housing Decisions: Rent vs. Buy
[00:38:12] Managing the Costs of Weddings and Vacations
[00:45:46] Financial Planning Tips for Young Professionals in Their 30s

Sign up for our Negotiate Like a BOSS accelerator! In the program, you’ll learn how to increase your salary, decrease burnout, and optimize your schedule to create the life you desire!

🎉This episode is sponsored by PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.

Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query.

Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.

Claim your debt freedom with our boot camp!

Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.

Wishing you a fantastic week ahead and happy wealth building!

Short-term rentals can be a great way to build wealth, especially for high-income earners like physicians. But before you jump in, there are a few things you need to know. In this episode, we talk through what it really takes to succeed, from the time commitment and team support to understanding local rules and risks. We also break down the short-term rental loophole and material participation rules for major tax savings. If you’re not sure whether this path is right for you, we’ll walk you through five key questions to help you decide. Tune in now for helpful insights to guide your next steps.

[00:07:01] Short-Term Rentals vs Long-Term Rentals: Which is More Profitable?
[00:12:33] Tax Benefits and Financial Advantages of Short-Term Rentals
[00:17:28] Local Regulations, Cash-on-Cash Return, and Opportunity Cost in Real Estate
[00:31:07] Short-Term Rental Tax Loophole and Material Participation Rules
[00:37:04] Real Estate Depreciation and Strategic Tax Planning
[00:43:04] Real Estate Investment Tips: Should You Buy a Rental Property?

Sign up for our Negotiate Like a BOSS accelerator! In the program, you’ll learn how to increase your salary, decrease burnout, and optimize your schedule to create the life you desire!

🎉This episode is sponsored by PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.

Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query.

Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.

Claim your debt freedom with our boot camp!

Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.

Wishing you a fantastic week ahead and happy wealth building!

The new Trump tax bill could bring major changes for high-income earners, especially physicians. In this episode, we break down what’s in the bill and how it might affect your finances. We cover key proposals, including the permanent extension of the 2017 Tax Cuts and Jobs Act and increases to the standard deduction. We also explore updates to estate planning limits, deductions for auto loans and overtime, and changes to Medicaid, SNAP, and student loan policies. If you're planning ahead for your financial future, this episode offers helpful insights to guide your next steps.

[00:11:24] Changes to the Standard Deduction and Tax Brackets
[00:19:51] Navigating Estate Planning, Gift Tax Exemptions, and Charitable Giving Strategies
[00:29:08] Breaking Down Auto Loan Interest, Overtime Pay, and QBI Deduction
[00:36:11] Understanding the Changes to the Child Tax Credit
[00:39:46] SALT Cap, Green Energy Rollbacks, Bonus Depreciation, and Safety Net Cuts
[00:51:46] Proposed Changes to Student Loan Forgiveness and IDR

Check out our episode on the “Dos and Don’ts of Hiring Your Child”.

Sign up for our Negotiate Like a BOSS accelerator! In the program, you’ll learn how to increase your salary, decrease burnout, and optimize your schedule to create the life you desire!

🎉This episode is sponsored by PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.

Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query.

Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.

Claim your debt freedom with our boot camp!

Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.

Wishing you a fantastic week ahead and happy wealth building!

Nothing kills the joy of a vacation faster than stressing over the cost. In this episode, we uncover savvy, creative strategies to fund your travels, without draining your bank account. From leveraging credit card points and flight miles to attending conferences that cover part of your trip, we explore real ways to make travel more affordable. You'll also learn how to tap into tech tools and online communities to score flight deals, plan smarter, and enjoy luxury perks like airport lounge access and concierge services. Tune in and discover how to travel in luxury without breaking the bank.

[00:09:48] Budget Travel Hacks: Alternative Ways to Pay for Your Trip
[00:15:21] How to Use Travel Apps and Social Networks for Trip Inspiration
[00:22:08] Time-Saving Travel Tips for Busy Travelers
[00:24:45] Credit Card Points vs. Cash: What’s the Best Travel Deal?
[00:28:00] How to Maximize Travel Groups for Deals and Advice
[00:34:50] Unlocking Credit Card Perks for Luxury Travel Experiences

Sign up for our Negotiate Like a BOSS accelerator! In the program, you’ll learn how to increase your salary, decrease burnout, and optimize your schedule to create the life you desire!

🎉This episode is sponsored by PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.

Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query.

Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.

Claim your debt freedom with our boot camp!

Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.

Wishing you a fantastic week ahead and happy wealth building!

Buying your first home is an exciting milestone, but it can also feel overwhelming. With the right preparation and a solid plan, the process becomes much more manageable. In this episode, we break down everything you need to know before taking the leap into homeownership. We cover the importance of getting pre-approved, gathering key documents, and interviewing lenders. We also explore different mortgage options such as FHA, conventional, and physician loans. Plus, we walk you through choosing the right real estate agent, understanding closing costs, navigating today’s interest rate landscape, and avoiding common pitfalls. Whether you’re buying your first home or your next one, this episode is packed with practical tips to help you make confident, informed decisions and avoid common pitfalls.

[00:04:30] Understanding Property Taxes and the Home Buying Process
[00:10:00] How to Gather the Necessary Documents for a Mortgage
[00:20:04] Pre-Approval Process and How to Choose the Right Lender
[00:24:29] Breakdown of Closing Costs, Attorney Fees, and Underwriting Fees
[00:29:18] Exploring Mortgage Types, Interest Rates, and Loan Terms
[00:40:52] How to Find the Right Real Estate Agent and Understand Their Fees
[00:46:28] Steps to Secure a Home Loan and Lock in an Interest Rate

Sign up for our Negotiate Like a BOSS accelerator! In the program, you’ll learn how to increase your salary, decrease burnout, and optimize your schedule to create the life you desire!

🎉This episode is sponsored by PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.

Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query.

Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.

Claim your debt freedom with our boot camp!

Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.

Wishing you a fantastic week ahead and happy wealth building!

Balancing the demands of medicine and parenthood is a challenge many face, but Drs. Nii and Renée Darko have found a way to make it work with intention and strategy. In Part 2 of our conversation, the couple shares how they transitioned to locum tenens to gain more control over their schedules and family life. They open up about how having children reshaped their financial priorities, how they’re building multiple streams of income through real estate, and the importance of partnership and financial unity in marriage. Hear about their journey from financial missteps to stability, and how they’re instilling financial literacy in their children. From navigating marriage and money to designing a life aligned with their values, this candid conversation is full of practical insights for physicians seeking both professional fulfillment and lasting wealth.

[00:01:50] Balancing Medical Career and Family Life Effectively
[00:04:16] Smart Financial Planning for Physicians and Family Dynamics
[00:07:52] Wealthy Insights with Drs. Nii and Renée Darko — PART 2
[00:08:38] Teaching Kids Financial Literacy: Tips for Doctors and Parents
[00:14:13] How Career Choices Impact Family Life and Finances
[00:20:58] Locum Tenens Opportunities and Side Income Ideas for Doctors
[00:24:44] Setting Future Financial Goals and Real Estate Investment Strategies

Sign up for our Negotiate Like a BOSS accelerator! In the program, you’ll learn how to increase your salary, decrease burnout, and optimize your schedule to create the life you desire!

🎉This episode is sponsored by PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.

Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query.

Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.

Claim your debt freedom with our boot camp!

Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.

Wishing you a fantastic week ahead and happy wealth building!

Crushing nearly a million dollars in debt might sound impossible—but not for Drs. Nii and Renée Darko. In this episode, we dive into their journey from overwhelmed to financially empowered as they share exactly how they tackled over $660,000 in debt within 3 years. The hosts of Docs Outside the Box open up about the budgeting strategies that worked, how they prioritized debt repayment, and their path to financial independence. We also unpack the pitfalls of certain insurance products, how they navigated questionable financial advice, and ultimately found a trustworthy financial advisor. Whether you're tackling debt or just looking to make smarter financial decisions, this candid conversation provides valuable insights and actionable tips you won’t want to miss.

[00:02:43] Wealthy Insights with Drs. Nii and Renée Darko
[00:05:12] How a Physician Couple Manages and Overcomes Debt
[00:09:20] Proven Budgeting Tips and Smart Financial Strategies
[00:20:25] Balancing Career Demands with a Fulfilling Personal Life
[00:23:24] How the Darkos Tackled over $660,000 in Debt in 3 years
[00:24:11] How Debt Influences Family Planning Decisions
[00:25:46] Key Lessons We Learned About Life Insurance
[00:33:32] How to Choose the Right Financial Advisor for Your Goals

Sign up for our Negotiate Like a BOSS accelerator! In the program, you’ll learn how to increase your salary, decrease burnout, and optimize your schedule to create the life you desire!

🎉This episode is sponsored by PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.

Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query.

Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.

Claim your debt freedom with our boot camp!

Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.

Wishing you a fantastic week ahead and happy wealth building!

Negotiation is a powerful skill that can help you get more from your career. In this episode, we sit down with Dr. Kayla Marshall to hear how she confidently negotiated a $15,000 salary increase and better work conditions after going through our Negotiate Like a Boss Accelerator program. Dr. Marshall talks about what it really took—getting clear on her value, preparing for the conversation, and showing up with confidence. Her story is a great example of what’s possible when you decide to advocate for yourself. If you’re a physician looking to earn more and create a better work-life balance, this episode is full of practical tips and real inspiration. Tune in and learn how to negotiate for what you deserve.

[00:01:45] Key Insights on Physician Contracts and Negotiation
[00:03:41] How to Create Your Ideal Job
[00:06:29] Negotiate Like a Boss Accelerator
[00:09:49] Client Success Story: Dr. Kayla Marshall Negotiates a $15K Salary Increase
[00:15:42] Why Investing in Yourself Pays Off

Sign up for our Negotiate Like a BOSS accelerator! In the program, you’ll learn how to increase your salary, decrease burnout, and optimize your schedule to create the life you desire!

🎉This episode is sponsored by PKA Insurance Group, Inc. - Helping you find the best value with personalized insurance solutions. Reach out to PKA Insurance Group to discuss your disability or life insurance needs by calling +1 800-258-1018 or emailing info@pkainsurance.com.

Got money questions you'd like us to tackle on our next segment of Wealthy Wonders? Visit our page to submit your query.

Be sure to go to our website to join the Wealthy Minds Community and download a FREE copy of our Wealthy Minds Blueprint.

Claim your debt freedom with our boot camp!

Don't forget to rate and review the show to help others discover us! When you do, you'll have a chance to win a free drink on us.

Wishing you a fantastic week ahead and happy wealth building!