The Financial Beast Podcast for Practice Owners

Ready to Expand Your Practice? 7 Key Signs You Must Know

Are you ready to expand your practice and take control of your financial future? In this episode, we outline the 7 key signs every healthcare practice owner must know before making the leap into expansion. It's not just about growth—it's about expanding the smart way, without stress, financial strain, or setbacks. Learn how to maximize the value of your current practice, build personal wealth, and set yourself up for financial freedom.
 
Expansion is a critical decision for practice owners. Are you operating at max capacity? Do you have the reserves, systems, and team to support growth? What about your hiring strategies, organizational structure, and marketing plan? Eric Miller and the Econologics Financial Advisors team walk you through these essential indicators so you can expand with confidence and control. It's time to become a Financial Beast and take back control of your future!
 
Econologics Financial Advisors specializes in wealth-building strategies tailored for healthcare practice owners. Our advice is rooted in years of experience helping professionals like you achieve success.
 
Start building your financial freedom today! Visit Econologics Financial Advisors for resources, assessments, and tools to help you prepare for expansion. Don’t wait—your journey to becoming a Financial Beast starts here! Share this episode with a colleague and take the first step toward owning your financial destiny.
 
#healthcaremarketing #financialgoals #budgeting #healthcaremarketingplan #financialplanningmistakes
 
CHAPTERS:
00:00 - Intro
02:02 - Business Expansion Strategies
09:05 - Building Business Reserves
11:27 - Understanding Business Debt
12:48 - Hiring and Training Systems
13:42 - Creating an Organizational Chart
15:21 - Ensuring Legal Compliance
19:00 - Developing a Marketing Plan
21:30 - Practice Expansion Checklist
21:45 - Getting Started with Financial Planning
21:59 - Free Financial Plan Review
22:09 - Accessing the Practice Expansion Checklist
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
 
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Website: https://econologicsfinancialadvisors.com/
 
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

5 Ways to Skyrocket Associate Productivity

Ready to take back CONTROL of your practice and skyrocket associate productivity?
In this video, we reveal five powerful strategies to maximize the value of your associates' contributions, helping you expand your business while aligning their goals with your vision for financial freedom. As a practice owner, your success depends on building a productive team, and we’re here to show you how to set clear expectations, boost confidence, and remove barriers to performance.
From tracking revenue per employee to implementing delegation and speed strategies, these tips will empower you to inspire your team, increase profitability, and achieve your financial goals. Learn how to craft a bonus system that motivates your associates and connect their production to their personal financial aspirations—because when your team wins, you win.
At Econologics Financial Advisors, LLC (‘EFA’), we specialize in helping healthcare practice owners like you become Financial Beasts, even in uncertain times. Our proven methods provide the education and tools you need to succeed.
Take the first step toward financial freedom and start maximizing your wealth-building potential today!
Subscribe now for more expert advice tailored to practice owners, and don’t miss out on the opportunity to expand your business with confidence.
Let’s make 2025 the year you take control and thrive!
Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist.
#financialplanningforbusinessowners #increaserevenue #selfstorageinvesting #productivity #howtoincreaserevenueinyourbusiness
CHAPTERS:00:00 - Intro01:53 - Eric's New Year's Eve Celebration02:41 - Revenue per Employee Analysis06:15 - Production Goals for Vet Associates09:18 - Production Expectations for Physical Therapists10:24 - Optometrist Production Standards11:02 - Dentist Production Requirements12:40 - Challenges for Owners in Associate Production13:16 - Building Confidence in Associates16:34 - Importance of Delegation for Associates19:00 - Strategies to Increase Associate Speed22:27 - Implementing Bonus Systems for Associates23:17 - Financial Planning Strategies for Associates25:09 - New Year Wishes and Reflections
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

8 KPIs Every Practice Owner MUST Track for Wealth!

Ready to take control of your financial future and build the wealth you deserve?
In this episode, we break down the 8 KPIs every practice owner must track to achieve financial freedom and maximize the value of your business. These game-changing key performance indicators will help you measure progress, cut through distractions, and focus on what truly moves the needle in your household and practice finances. From business growth rate to personal savings, effective tax rates, and creating passive income, these steps are your blueprint to becoming a Financial Beast.
Discover how to save 7-10% of your revenue weekly, pay off personal debt in 5-7 years, and achieve a 20%+ profit margin in your practice. Learn actionable strategies to ensure your business and personal wealth are aligned for long-term success. Whether you're expanding your business or building a solid foundation for financial independence, these KPIs are essential tools for your journey.
At Econologics Financial Advisors, LLC (‘EFA’), we specialize in helping healthcare practice owners like you take back control of their financial destiny. With proven systems and expert advice, we’ll guide you toward measurable success. Start your wealth-building journey today and turn your practice into a wealth-building machine!
Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist.
#capitaloptimization #kpi #performancemanagement #financialstabilityboard #budgeting
CHAPTERS:00:00 - Intro02:13 - Critiquing Financial Influencers09:48 - Business Growth Rate Strategies11:20 - Saving Guidelines for Success12:39 - Systematizing Profit Taking13:22 - Paying Off Personal Debt Effectively15:36 - Understanding Your Effective Tax Rate18:06 - Importance of Business Reserves20:46 - Building Passive Income Assets22:30 - Analyzing Profit Margin in Business24:45 - Household Earned Income Insights26:55 - Recap of 10 Key Performance Indicators27:44 - See You Next Time
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Build Wealth the RIGHT Way as a Practice Owner

Are you ready to build wealth the RIGHT way as a practice owner?
Say goodbye to generic advice and take back CONTROL of your financial future with proven strategies tailored to your unique needs.
In this episode, we break down the myths around financial advice and empower you to maximize the value of your business while building personal wealth the smart way. Stop following one-size-fits-all advice from influencers who don’t understand your journey as a healthcare practice owner. Learn how to focus on strategies that lead to true financial freedom and long-term success.
At Econologics Financial Advisors, LLC (‘EFA’), we specialize in helping practice owners like you become Financial Beasts by creating a system that works for your business and personal goals. Whether it’s optimizing your income, minimizing taxes, or building a recession-proof strategy, this video gives you the tools you need to take control and expand your business with confidence.
Don’t leave your financial success to chance!
Consult with experts who understand your industry and can guide you every step of the way.
Remember, this advice is general and educational—always consult your own professionals for personalized planning.
Your financial freedom starts with the right plan.
Watch now and take the first step toward mastering your wealth-building journey!
Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist.
#financialadvisorpracticemanagement #financialobstacles #howtogetmoreclientsasafinancialadvisor #budgeting #retirementplanning
CHAPTERS:00:00 - Intro02:22 - Financial Influencers07:35 - Financial Advisors: Stocks and Mutual Funds10:28 - Financial Advisors: Retirement Accounts12:58 - Financial Influencers17:00 - Legacy Financial Institutions18:55 - Nefarious Financial Advice22:25 - Know What You Own in Investments24:41 - Avoid $200k Coaching Programs25:20 - The Broad Definition of "Financial Advisor"26:51 - Finding an Advisor for Your Industry28:10 - Avoid $100k Coaching Programs29:10 - Final Thoughts
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Cash Value Life Insurance: Smart Money Move or Major Mistake? with Hosts Eric Miller & Eric Gersch

Discover the truth about cash value life insurance policies - are they a smart wealth-building strategy or a financial trap?
In this comprehensive guide, we break down the pros and cons of using life insurance as a wealth storage vehicle for business owners and professionals.
Learn how to properly structure and utilize cash value life insurance to build long-term wealth, including when (and when not) to tap into your policy's cash value. We explore real-world examples of both successful and problematic uses of these policies, from business expansion to emergency funds.
Key topics covered:- How cash value life insurance fits into a comprehensive wealth-building strategy- Smart ways to leverage policy loans for business growth and investments- Common mistakes to avoid when using life insurance as a wealth storage vehicle- The truth about different policy types and their benefits- Warning signs of improper policy usage that could harm your financial future
Whether you're considering cash value life insurance or already have a policy, this video provides crucial insights to help you make informed decisions about your financial future. Perfect for business owners, professionals, and anyone interested in building long-term wealth through strategic financial planning.
This straightforward discussion cuts through industry debates to deliver practical, actionable advice on using cash value life insurance as part of your wealth-building strategy. Learn how to protect your assets while creating opportunities for growth and financial security.
Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist.
#financialplanningforbusinessowners #financialeducation #dividendinvesting #lifeinsurance #financialgoals
CHAPTERS:00:00 - Intro02:08 - Investment Strategies05:00 - Cash Value Life Insurance Benefits10:15 - Understanding Policy Loans13:08 - Effective Use of Life Insurance Loans19:58 - Life Insurance for Home Purchase22:56 - Advantages of Cash Value Life Insurance24:32 - Life Insurance for Business Protection24:53 - Conclusion and Final Thoughts
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

7 Solvency Secrets Every Practice Owner Must Know Now with Hosts, Eric Miller & Eric Gersch

Discover the 7 essential solvency secrets that can transform your practice's financial health and secure your future. As a practice owner, understanding and implementing these proven solvency strategies isn't just important - it's critical for your long-term success and financial freedom.
In this powerful episode, we break down the exact steps you need to take to ensure your practice maintains strong financial health. You'll learn why most practices are technically insolvent (even if they're paying their bills), and more importantly, how to fix it. From establishing weekly financial review habits to understanding your true make-break numbers, these practical solutions will help you build a more profitable and sustainable practice.
Learn game-changing strategies including:- How to properly review your finances for maximum impact- Setting correct income targets that actually work- Smart delegation of financial responsibilities- The crucial difference between expenses and investments- Creating effective collection systems- Responding to revenue dips the right way- Understanding your true make-break point
Whether you're struggling with cash flow or looking to strengthen your practice's financial foundation, these proven solvency solutions will help you take control of your financial future. Stop just surviving and start thriving with these essential financial management strategies every practice owner must know.
Perfect for veterinarians, healthcare practitioners, and professional service business owners who want to build lasting wealth through their practice. Take the first step toward true financial independence by mastering these fundamental solvency principles.
Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist.
#frugalliving #practicemanagement #financialeducation #patientpayment #patientpayments
CHAPTERS:00:00 - Intro01:45 - What's New with Eric06:47 - Solvency Solution 1: Weekly Finance Review08:19 - Solvency Solution 2: Setting Income Targets13:09 - Delegation Strategies17:24 - Expense vs. Investment: Key Differences20:44 - Effective Receivables Collection System22:30 - Addressing Revenue Dips Promptly24:00 - Review Your Finances25:05 - Understanding and Tracking Your Make-Break Number27:30 - 7 Essential Steps to Stay Solvent
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

URGENT: 8 Year-End Money Moves Practice Owners Can't Ignore! With Hosts Eric Miller & Eric Gersch

Don't let 2024 slip away without maximizing your financial potential. Take control of your practice's finances NOW!
This video reveals 8 CRITICAL year-end strategies that will skyrocket your practice's success. From price increases to tax-saving moves, we've got you covered.
Don't miss out on these game-changing tips that could save you thousands!
Eric Miller and Eric Gersch, financial gurus for practice owners, break down essential planning strategies you NEED to implement before the ball drops.
Learn how to:• Boost your profits with smart price adjustments• Maximize tax benefits with last-minute contributions• Set targets that will explode your revenue in 2025• Avoid costly penalties with new compliance requirements
Plus, discover the SECRET to building personal wealth through your practice that most owners overlook!
This isn't just advice – it's your roadmap to financial freedom. Whether you're a dentist, chiropractor, or any healthcare practice owner, these strategies are tailored for YOUR success.
Don't wait until it's too late!
Remember, knowledge is power, but action creates results. Let Econologics guide you through the complexities of practice ownership and wealth building. Our team of experts is dedicated to helping you achieve your financial goals.
Ready to transform your practice and secure your financial future?
Visit https://www.wealthforpracticeowners.com/ for your free download of the 27 Point Financial Checklist.
#FinancialTraining #WealthBuilding #PracticeOwner #FinancialFreedom #YearEndPlanning #TaxStrategy #financialeducation #2025goals #financialplanningforbusinessowners #retirementplanning #financialfreedom #financialplanningchecklist #year-endfinancialplanning #yearendfinancialplanning #practiceownerchecklist #year-endchecklist
CHAPTERS:00:00 - Intro01:30 - Year-End Checklist for Businesses02:58 - Price Adjustment Strategies05:01 - Increasing Rent for Profitability07:15 - Last Minute Tax Contributions08:35 - Profit and Loss Review10:28 - Employee Benefits Assessment12:10 - Tax Strategy Review14:44 - Financial Targets for Next Year17:00 - Beneficial Ownership Interest Compliance21:28 - Comprehensive Year-End Checklist
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

5 Retirement Shocks: Are You Prepared? With Hosts Eric Miller & Eric Gersch

Discover the 5 retirement shocks that catch most people off guard!
Drawing from years of real client experiences, Econologics Financial Advisors, LLC financial experts, Eric Miller and Eric Gersch, reveal surprising truths about life after leaving the workforce.
Want to avoid the retirement pitfalls that no one talks about?
This eye-opening discussion covers the unexpected challenges that emerge during retirement, including the surprising impact of boredom, financial curveballs, and spending patterns that catch even the most prepared retirees off guard.
Learn why many retirees spend more in their first two years than they ever anticipated, and why having guaranteed income becomes critically important for peace of mind. Our experts share authentic stories from their wealth management practice, offering practical insights on how to prepare for these often-overlooked retirement challenges.
From managing unexpected major expenses to finding purpose beyond work, this conversation tackles the real issues that impact your retirement satisfaction. Whether you're planning to retire in 5 years or 25 years, understanding these potential shocks now could save you significant stress and financial worry later.
Ready to prepare for a more secure retirement?
This essential guide will help you avoid common retirement planning mistakes and build a more robust financial strategy. Perfect for anyone wondering if they're truly prepared for the retirement reality that awaits them.
Don't let these retirement shocks catch you unprepared.
Watch now to learn how to protect your financial future and create the retirement lifestyle you've always dreamed about.
#navigatingretirement #preparingforunexpectedexpenses #financialeducation #surpriseexpenses #debtfree #financialeducation #retirementriskzone #maximizingretirementincome #navigatingretirement #annuitytaxes
CHAPTERS:00:00 - Intro01:45 - Retirement Planning10:21 - Unexpected Expenses in Retirement17:30 - Saving Money During Retirement20:15 - Benefits of Guaranteed Income24:10 - Spending Down Retirement Savings25:25 - Enjoying Life in Retirement26:40 - Importance of Guaranteed Income
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Let's Talk About Bank Safety: What You MUST Know! with Hosts Eric Miller & Eric Gersch

Discover the shocking truth about bank safety and what it means for your financial security.
In this eye-opening discussion, Econologics Financial Advisors, LLC's financial experts, Eric Miller and Eric Gersch, reveal critical insights about the three main types of financial institutions where most people keep their money.
Did you know that on average, 25 banks fail each year in the US?
Learn why traditional banks might not be as safe as you think, and understand the crucial differences between banks, investment companies, and insurance companies.
This essential guide breaks down the real risks and safety measures of each institution, including FDIC insurance limits, SIPC protection, and state guarantee funds.
Get insider knowledge about how these institutions actually handle your money, from bank leverage ratios to investment company operations and insurance company investment strategies.
Understanding these differences could save you from devastating financial losses and help you make smarter decisions about where to keep your money.
Whether you're concerned about bank safety, wondering about investment firm stability, or considering insurance companies for your wealth protection, this comprehensive breakdown provides the vital information you need to protect your financial future.
Learn how each institution operates, their historical failure rates, and the safety nets available to protect your assets.
Don't risk your hard-earned money without understanding these critical facts about financial institution safety.
This is essential viewing for anyone serious about protecting their wealth in today's uncertain economic environment.
#financialeducation #creditrisk #frugalliving #financialwisdom #riskmanagement #depositoryinstitutions #depositinstitutions #non-depositoryinstitutions #financialinstitutionsandmarketsimportantquestions #whatarefinancialinstitutions
CHAPTERS:00:00 - Intro01:47 - Safety of Financial Institutions02:57 - Depository Institutions Overview03:58 - Safety of Banks Explained04:48 - Safety of Credit Unions05:38 - Safety of Brokerage Firms06:28 - Safety of Insurance Companies07:38 - Safety of Mutual Funds08:28 - Safety of ETFs09:18 - Safety of Annuities10:08 - Safety of Cryptocurrency Exchanges10:58 - Safety of Hedge Funds11:48 - Safety of Private Equity Firms13:58 - Investment Companies Overview19:43 - Insurance Companies Overview24:30 - Overview of Financial Institutions25:02 - Outro
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.

Investing vs Debt: You Need BOTH to Win. Eric Miller & Eric Gersch

Are you torn between paying off debt and investing for your future?
The Truth About Debt vs Investing: You Need BOTH to Win! Discover how to take back CONTROL of your finances and build personal wealth.
Eric Miller and Eric Gersch reveal the secrets to balancing debt repayment and investment strategies for healthcare professionals.
You're not alone.
In this eye-opening discussion, we tackle the age-old question of whether to focus on debt or investments.
Spoiler alert: it's not an either-or situation!
Learn how to:• Prioritize different types of debt (credit cards, student loans, mortgages)• Maximize the value of your money through strategic investing• Create a balanced approach that addresses both debt and wealth-building• Overcome the psychological burden of debt while growing your assets
We break down the myths surrounding debt repayment and investment strategies, providing you with actionable insights to become a Financial Beast.
Discover why focusing solely on debt or investments might be holding you back from achieving true financial freedom.
This episode is packed with practical advice for healthcare practice owners looking to expand their business while managing personal finances.
We explore the unique challenges you face and offer tailored solutions to help you thrive in any economic climate, including during a recession.
Don't miss out on this crucial information that could transform your financial future.
Ready to take your finances to the next level?
Start your journey to financial independence today!
Visit EconologicsFinancialAdvisors.com to schedule an intro call and download valuable resources.
Join the community of healthcare professionals who are mastering their finances and building lasting wealth.
Econologics Financial Advisors, LLC is a SEC Registered Investment Advisor.
Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies.
#frugalliving #financialeducation #debttransparency #debtfree #dividendinvesting #financialeducation #debtmanagementplan #financialempowerment #masteringdebt #financialfreedom
CHAPTERS:00:00 - Intro01:17 - Debt Repayment vs Investment Strategies03:18 - Understanding Financial Premise05:43 - Balancing Debt and Wealth Building08:26 - Evaluating the Cost of Debt09:02 - Types of Debt Healthcare Professionals Face14:44 - Strategic Debt Repayment and Investment22:12 - Avoiding Unnecessary Debt23:20 - Myths of Quick Wealth Accumulation23:30 - Risks of Get Rich Quick Schemes
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If you would like a free consultation, please visit econologics.com or call us at 727-588-1540
Get Social With Us!LinkedIn: https://www.linkedin.com/company/econologics Facebook: https://www.facebook.com/econologicsfinancialYouTube: https://www.youtube.com/@FinancialBeastTwitter: https://twitter.com/FinancialBeasts Instagram: https://www.instagram.com/financialbeastmode/Website: https://econologicsfinancialadvisors.com/
Econologics Financial Advisors, LLC (‘EFA’) is registered with the Securities and Exchange Commission as an investment advisor. (Such registration does not imply a certain level of skill or training.) EFA provides investment advisory services only in states where it is permitted to do so under state laws and only to the extent permitted thereby. This communication is not an offer to sell or effect any transaction in securities. Neither EFA nor its affiliates provide legal, tax or accounting advice. Please consult a qualified attorney or accountant. Results are not guaranteed and will vary depending on the specific circumstances of each individual and on other factors.