Mike and Sylvia Talk Money
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Mike and Sylvia Talk Money
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In this episode, fellow physical therapist and educator Dr. Sylvia Son joins Mike to share her personal finance journey. They discuss the importance of getting started with investing, that investing is not gambling, the impact of money scripts and psychology on personal finance, recommendations for physical therapy students entering the workforce, and that financial wellness is much more than trying to maximize salary.
Takeaways
- Now is the best time to start investing
- The importance of the employer match
- Owning the market is not gambling
- Importance of educating yourself and understanding where your money is going
- How scarcity mindset and loss aversion impede getting started in investing
- Considering job benefits holistically and not looking at salary in isolation
- Being rewarded from employers for increasing your skillset
Music: Perpetual Motion by Amarent via FMA (public domain)
Contact: rehabyourfinances@drmichaelpowers.com
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