#32 | Before 40 ($2.5M)? These FAT FIRE Trailblazers Did This … (Part II) Artwork

Suits & Scrubs: Not Your Father's Financial Advisor

Are you wanting to retire early, but do not want to sacrifice your life to get there? Is Dave Ramsey to slow for you, but the FIRE Movement is too aggressive?

Hi & welcome to Suits & Scrubs: Not Your Father’s Finance Edition. I'm Zach, once homeless, now retired before 40 and you are joining me on date night with my beautiful wife. This is the podcast where we react to your questions, viral trends, and internet controversies related to achieving financial freedom.

Living in my truth, I had something to prove to myself and the world, and now I’m sharing my journey to help you accelerate yours. I believe in this so much I got FIRED for doing this podcast working at a major bank. This is where buying assets will lead you to freedom.

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Suits & Scrubs: Not Your Father's Financial Advisor

#32 | Before 40 ($2.5M)? These FAT FIRE Trailblazers Did This … (Part II)

August 15, 2024 • Zachary Steven & Dr. Emily MD • Season 1 • Episode 32

How do you and your partner handle financial decisions? Do you prefer joint accounts or separate ones?

In this episode of Suits and Scrubs, we dive deep into the journey towards financial independence and the FIRE (Financial Independence, Retire Early) movement. We explore personal experiences, financial strategies, and relationship dynamics influenced by financial decisions. From confrontations about spending to strategic investments in cars and go-karts, the conversation covers the importance of compromise and communication in relationships. Key topics include handling loans and credit, setting financial guidelines, making family planning decisions, and the importance of investing early. We also touch on the significance of having a supportive community and maintaining a balance between enjoying life and saving for the future. Join us as we discuss financial literacy, sacrifices, and the ultimate goal of achieving freedom and happiness through financial independence.

Our Mission: Suits & Scrubs fosters a vibrant community of doctors, crunchy moms, wealth & wellness seekers. We share inspiring stories, actionable strategies, and authentic conversations, empowering individuals to thrive. We bridge the gap between medicine and finance, providing practical tools and insights to build holistic well-being and financial freedom.
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Timestamps
00:00 Introduction to Financial Independence
00:42 Managing Finances in a Relationship
02:57 The Importance of Compromise
03:29 Joint vs. Separate Accounts
05:16 Net Worth and Loans Discussion
11:55 Investment Strategies and Market Timing
19:50 Planning for Financial Independence
21:46 Career Challenges and Decisions
22:51 Reflections on Personal Growth
25:46 House Hacking and Financial Strategies
31:01 Final Thoughts and Advice
33:38 Balancing Family and Career
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We believe that Health & Wealth is inclusive for everyone. Connect with us!
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Website: www.suitsandscrubspodcast.com
Email: contact@suitsandscrubspodcast.com
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The Show
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Connect with Zach
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Instagram: https://www.instagram.com/zacharystevenretireearly/
TikTok: https://www.tiktok.com/@zachary_svp
LinkedIN: www.linkedin.com/in/ZacharySVP
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Connect with Emily
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IG: https://www.instagram.com/doctoremilymd
Tiktok: https://www.tiktok.com/@doctoremilymd1
LinkedIN: www.linkedin.com/in/DrEmilyMD
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