Shows
Financially Free PhysiciansFrom Rounds to Receipts: The Complete Resident's Cashflow GuideResidency is a financial tightrope — you've got the education of a doctor but the paycheck of... well, not a doctor. You’ll learn how to create a realistic cash flow plan without micromanaging every decision, how single residents navigate differently than couples, and when buying a house during residency makes sense (or doesn't). Listen in for practical advice without the judgment, shame, or complicated spreadsheets Key moments: (07:10) Start your cash flow plan by tracking regular bills first, then variable expenses (13:55) Borrowing extra during residency depends entirely on your repayment strategy (24:31) Credit card interest dest...2025-05-0151 minFinancially Free PhysiciansJust Say No! Boundaries Without BurnoutWork boundaries might not sound exciting, but they’re the secret sauce to a happier, healthier career in medicine. Travis Hornsby of SLP Wealth joins us to share a unique perspective as both a multipreneur and the husband of a physician. You’ll get practical tips for managing screen time, saying no without guilt, and protecting your energy in high-stress environments. This isn’t just about getting through the workday — it’s about reshaping your relationship with medicine so you can build a career that lasts for decades. After all, the best physicians aren't the ones working themselves...2025-04-1727 min
Financially Free PhysiciansNegotiate Your Physician Contract With Confidence: Your Guide to Contract Negotiation StrategiesContracts might not be the most exciting part of starting a new job, but they’re one of the most important. It’s not just about salary — it’s the full picture: benefits, time off, call schedules, and all the details that affect your day-to-day life. We’re joined by financial planner Jared Costigan, CFP®, CSLP®, who’s had a front-row seat to the physician career journey. His wife’s about to be a fellow, and their circle of friends has been navigating these same conversations. Learn about the leverage you may not realize you have, the questions you should be asking...2025-04-0334 min
Financially Free PhysiciansChildcare Costs Are Wild: Here’s How to Manage ThemRaising kids comes with love, joy — and a hefty price tag. We’re peeling back the layers to reveal the often-overwhelming costs of childcare, breaking down what families need to know to stay ahead. Learn practical strategies to make expenses more manageable, from tax credits and dependent care FSAs to navigating nanny payroll and long-term planning. Tune in to learn how to keep more money in your pocket while giving your loved ones the best care possible. Key moments: (04:44) The child tax credit and child and dependent care credit have different age requirements — know t...2025-03-2025 minFinancially Free PhysiciansFrom Ramen to Ribeye: Smart Money Moves for New Attendings Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth. Like the show? There are several ways you can help! Follow on Apple Podcasts, Spotify, or Amazon Music Leave an honest review on Apple Podcasts Follow us on YouTube at Financially Free Physicians The leap from resident to attending is a defining moment in any physician’s career — bringing more income, more responsibility, and new financial decisions. SLP Wealth financial planner Angie Pack, CSLP®, joins us to explor...2025-03-0639 min
Financially Free DentistsFrom Patients to Pacifiers: How Dentists Can Prepare for ParenthoodStarting a family is a huge milestone, but how do you make it work financially as a dentist? Whether you’re in dental school, working as an associate, or running your own practice, family planning comes with big decisions — both personal and financial. SLP Wealth partner and financial planner Sim Terwilliger, CFP®, CSLP® joins us to break down the real considerations dentists face when growing their families. We’ll cover everything from timing your family plans around your career to managing parental leave, childcare costs, and practice ownership. If you’re wondering when the right time is to have ki...2025-02-2731 min
Financially Free PhysiciansCan Pediatricians Build Wealth? A Resident Spouse’s Inside ViewPediatricians often earn less than other specialists. Is it financially viable? Get an insider’s perspective from financial planner Jared Costigan, CFP®, CSLP®, whose wife is a pediatrician in training. This candid conversation pulls back the curtain on the economic realities of choosing children’s medicine, from managing six-figure student loans to understanding the impact of Medicaid reimbursements. You’ll discover practical insights for balancing professional fulfillment with prosperity in pediatric medicine. Key moments: (03:48) Medicaid reimbursements lag behind private insurance and Medicare rates (07:17) Job fulfillment matters more than any paycheck (11:59) Student loan for...2025-02-2023 min
Financially Free PhysiciansFinancially Naked and Unashamed: Getting Real About Money and LoveWith Valentine’s Day right around the corner, we’re exploring the evolving balance of love and money in relationships. We’re joined by Maggie Reyes, a double-certified master coach specialist in sex, love, and relationships, and self-proclaimed “relationship nerd,” to encourage you to redefine your relationship with money and challenge traditional gender roles. We uncover the pressures that come with financial independence and how to have healthy, productive money conversations with your partner. You’ll discover practical strategies to navigate shared finances, balance relationship expectations, and create financial freedom without resentment. Key moments: (04:14) Th...2025-02-0635 min
Wealthy Mom MD Podcast230: PSLF, SAVE, and More: Your Guide to Student Loan Relief with Sim TerwilligerI sit down with Sim Terwilliger, a Certified Financial Planner and student loan expert from Student Loan Planner. She breaks down the latest changes to student loan forgiveness programs, including the recent administration change and the ongoing legal battles surrounding the SAVE plan. Whether you're pursuing Public Service Loan Forgiveness (PSLF) or exploring other forgiveness options, this episode is packed with valuable insights and actionable advice. Sim shares her expertise on how to lower your monthly payments, maximize forgiveness, and prepare for potential tax consequences. Don't miss this opportunity to get clarity on your student l...2025-01-3036 min
Financially Free PhysiciansThink You Have to Pay for College? Think AgainWith college costs on the rise, saving for your child’s education can feel overwhelming — but it doesn’t have to be. We sat down with SLP Wealth partner and financial planner Dan Rooker, CFP®, CSLP®, to share strategies that make college planning simpler and more effective. From choosing the right savings accounts to understanding financial aid, we’ll guide you through the options so you can make the best decisions for your family’s future. Key moments: (03:25) 529 plans can double as estate planning tools and future Roth IRAs (12:12) High income doesn’t always mean...2025-01-2330 min
Student Loan PlannerPay Off, Refinance, or Wait It Out? Planning for Post-SAVE DramaWhat’s next for student loan borrowers in a world of shifting repayment plans and interest rates? Financial planner Sim Terwilliger, CFP®, CSLP®, joins us to break down the potential repeal of the SAVE plan and how it could reshape repayment strategies. We explore why PAYE or IBR might take center stage, when refinancing could make sense, and why it’s always a case-by-case decision. If you’re PSLF-eligible or unsure how these changes impact your financial future, this episode has the answers you need. Key moments: (01:51) PAYE might be the go-to repayment plan if SAVE is...2025-01-1727 min
Veterinary Financial PodcastHow Non-Competes Affect Your Veterinary CareerNon-compete agreements are creating waves in the veterinary profession, thanks to the FTC’s recent ruling. Financial planner Sim Terwilliger, CFP®, CSLP®, joins us to discuss how these agreements shape your career, why the AVMA is weighing in, and what the potential ban on non-competes could mean for veterinarians everywhere. You’ll learn which states have already banned non-competes, what alternatives employers might use, and how veterinarians can advocate for contracts that work in their favor.Key moments:(01:14) What’s inside a typical non-compete agreement for veterinarians(06:16) How the AVMA is responding to the FTC’...2025-01-1621 min
Financially Free PhysiciansAre Non-Competes Done For? Non-compete agreements are a hot topic for physicians, with the FTC’s recent ruling sparking debates and potential changes on the horizon. We’re joined by financial planner Meredith Jones, DVM, CSLP®, AFC®, to explore what makes up a typical non-compete, why the FTC’s decision could reshape the rules, and how the American Medical Association is responding. Most importantly, we’ll share actionable steps physicians can take right now to advocate for themselves and protect their professional freedom. Key moments: (02:31) Why the FTC’s recent ruling has everyone talking about non-competes2025-01-0921 min
Financially Free Physicians10 Resolutions for 2025 (That Might Surprise You)New year, new goals — but these 10 resolutions for 2025 are anything but ordinary. In this episode, we’re joined by Meagan McGuire, CFP®, ChFC®, CSLP®, to talk through unexpected ways to improve your financial health, career satisfaction and overall well-being in the coming year. We’ll discuss how to define your “enough,” build boundaries to combat constant marketing pressures and focus on money neutrality instead of unhealthy comparisons. From philanthropy to honest money conversations, we’ll explore practical tips for starting 2025 with clarity, confidence and a mindset that embraces both progress and peace. Key moments: (08:20) Sett...2024-12-2631 min
Student Loan PlannerProfits Over Patients: How a CEO’s Murder United America on HealthcareThe shocking murder of UnitedHealthcare’s CEO is a tragic story that highlights deeper issues within the health insurance industry — wealth, greed, inequality, and power dynamics — and raises important questions about the prioritization of profits over patient care. We’re taking a closer look at the broader implications of this event and its ties to the systemic challenges healthcare professionals already know too well. Sim Terwilliger, CFP®, CSLP®, joins us and shares a personal connection to the story. We explore the emotions and frustrations it brings up, especially for those working in a system often criticized for putting profit before peo...2024-12-2031 minFinancially Free PhysiciansFamily Planning, Fertility and Finding Balance Family planning and fertility touch on some of the most personal and challenging decisions in life — especially for women in medicine, who face unique pressures and demands. Angie Pack, CSLP®, joins me, and we’re addressing these sensitive topics head-on. We share our own experiences with infertility, the difficult choices surrounding when to start a family, and the financial implications of treatments like IVF. We also discuss the support available through income-driven repayment plans for student loans, tax deductions for medical expenses, and the value of breaking the silence surrounding fertility and family planning. Key moments: (04...2024-12-1224 min
Financially Free PhysiciansA Love Letter to Physicians We’re hitting pause on the noise to reflect on gratitude — specifically, our gratitude for you, the physicians who dedicate your lives to serving others. We’ll also explore a year-end checklist of financial tips, like maxing out pre-tax retirement accounts and why working with a tax professional can make a big difference. But by and large, this episode is all about stepping back and recognizing your resilience, your impact, and the immense value you bring to your patients and communities. Consider this our love letter to you, a celebration of the work you do and a r...2024-11-2824 min
Financially Free Physicians5 Tax-Smart Alternatives That Beat High-Yield Savings AccountsTired of watching your hard-earned money lose value to taxes and inflation? We’re exploring five powerful investment alternatives beyond a simple high-yield savings account (HYSA). You'll learn clear strategies to maximize your post-tax cash while keeping your money accessible. We break down the benefits of municipal bonds, Treasury bills, and other smart options physicians might overlook. If you're tired of settling for standard savings rates, this episode will help you make smarter choices with your cash. Key moments: (03:13) Money market accounts are a low-risk, low-hassle option to improve your yield (06:02) How no-penalty CDs an...2024-11-1430 min
Financially Free PhysiciansA New Financial Rx for PhysiciansHolding onto outdated money advice as a physician? It’s time for a new perspective. In this first episode, financial planner Sim Terwilliger, CFP®, CSLP®, and special guest Travis Hornsby, CFA®, CFP®, set the stage for the conversations they’ll be having: from debt strategies and wealth building to navigating burnout and lifestyle decisions, even what to do when family asks for money. We highlight the often-overlooked perspective of female physicians and expose common financial pitfalls for early and mid-career doctors. Whether you’re a first-gen doc or just seeking more balance, this episode introduces the fresh, practical...2024-11-0729 minFinancially Free PhysiciansWelcome to Financially Free PhysiciansJoin host Sim Terwilliger, CFP®, CSLP®, on a transformative journey for physicians ready to take charge of their financial futures—no prescription needed! Each episode tackles the unique challenges and opportunities of a medical career, offering actionable strategies to boost your financial well-being, all while being mindful of student loans (which can feel like a bad case of indigestion). From navigating student loans to making smart investments, we explore everything from entrepreneurship to practice management. Our mission is to empower you to achieve your financial goals in a relatable way—because financial health should feel like a walk i...2024-11-0400 min
Student Loan PlannerAre You On Track to Become a Millionaire? Find out where you stand financially and if you're on track to become a millionaire. Financial experts Meagan McGuire and Sim Terwilliger explain how to evaluate savings strategies, balance debt with investments, and avoid overspending. You’ll also learn how understanding opportunity costs can help shape smarter financial decisions. In today’s episode: 06:16 Calculate your current standard of living to estimate retirement expenses 16:03 Front-load retirement savings early in your career 21:45 Compare interest rates to prioritize debt repayment or investing 32:36 Use Investor.gov’s ca...2024-09-1333 min
Student Loan PlannerContingency Plans for Your Student Loan PlanWorried about changes to your student loan payments? It could happen if the Saving on a Valuable Education (SAVE) plan is repealed. Student loan experts Megan McGuire and Sim Terwilliger share how they’re advising clients to rethink their repayment approach. In today’s episode: 05:24 Parent PLUS loan borrowers need a plan B and plan C 13:44 Fill out a forbearance application to postpone or reduce student loan payments 24:07 Monthly income-driven repayments (IDR) can spike if you don’t update your income 31:49 PSLF buyback can give you credit for months that d...2024-09-1042 min
Student Loan Planner5 Wealth Killers in AmericaFrom mounting credit card and auto loan debt to the less obvious pitfalls of inflation and misguided investment choices, Meagan McGuire and Sim Terwilliger unpack the five financial traps they see student loan borrowers falling into. In today’s episode: 01:41 Credit card debt, average balances by generation, and the best defense against growing balances 11:02 Car payments, average loan terms, and the pros and cons of buying vs. leasing 23:14 Unchecked consumerism, the lure of rage-baiting, and the dangers of chasing the status quo 33:32 Inflation and why investing is crucial to staying ahead 38:14 St...2024-08-3042 min
Student Loan PlannerPSLF on Pause Public Service Loan Forgiveness (PSLF) has been on pause since May while servicing transitions away from MOHELA, causing waves. Student Loan Advisors Sim Terwilliger and Sam Silberstein dissect what these shifts mean for borrowers. Learn the new processes for submitting and tracking PSLF forms through StudentAid.gov, the impacts of administrative forbearance, and the long-term outlook for PSLF. In today’s episode: 06:23 How the pause in submissions during May and June affect processing 08:43 When forbearance counts for PSLF forgiveness, and when it doesn’t 14:50 Avoid complications by submitt...2024-07-0921 min
Student Loan PlannerRoth IRA Disasters to AvoidRoth IRAs are a highly recommended retirement savings option but it’s not all smooth sailing. Student loan repayment, income limitations, and tax filing status can lead you to treacherous waters. Learn the missteps to avoid and how to correct mistakes before they escalate into hefty fines and taxes. Join student loan advisors Meagan McGuire, ChFC®, CSLP®, Sim Terwilliger, CFP®, CSLP®, and Sam Silberstein, CFP®, CSLP®, and explore contribution deadlines, the pro-rata rule, form 8606, the impact of being in a community property state, and how dual-income households should strategize their student loans and retirement savings. If you’re tired of cookie...2024-04-1646 min
Student Loan PlannerMOhela MO ProblemsTo put it bluntly, MOHELA has student loan borrowers jumping through hoops to get things done, and it’s been extremely frustrating. Countless delays and mistakes being made, hours of being on hold or even being hung up on by servicers… the list goes on! In this episode, hosts Sim Terwilliger, CFP®, CSLP®, Sam Silberstein, CFP®, CSLP®, and Ben Lacomis, CSLP® join forces to shine some light on everything MOHELA is doing wrong. You’ll get tips and tricks to protect yourself from their mistakes. You’re not alone in this, folks! Let’s talk about what you can do to get the f...2024-03-2632 minWealthy Mom MD Podcast203: Do You Even Need a Financial Planner? With Sim Terwilliger of SLP WealthSim Terwilliger is a Certified Financial Planner and Certified Student Loan Professional with SLP Wealth. She is a passionate advocate for her clients in all stages of their financial life plans. Whether you want to take a sabbatical, figure out when you can retire, or you want to know how much house you can afford, Sim believes these choices are personal, and your financial plan should be too. Discover why, especially as a physician, you need a financial planner on your side. She is discussing how SLP Wealth does things a little differently. We’re sim...2024-03-0733 min
Student Loan PlannerFinancially Undressing: A Talk About Your DebtAre you ready to strip away the layers of your financial life? We’re unbuttoning the secrets of debt management and financial planning. We cover everything from the impact of inflated car prices on credit and the potential risks and benefits of home equity lines of credit (HELOCs) to debt management strategies and the potential tax implications of forgiven debt. Senior Student Loan Advisors Sim Terwilliger, CFP®, CSLP®, and Meagan McGuire, ChFC®, CSLP®, share expert insights on debt consolidation, budgeting for recurring expenses, and the significance of prioritizing mental health while working towards financial goals. Get ready to shed some l...2024-02-0653 min
The Power of Peacefulness and Stress ReliefStudent Loan Planner With Sim TerwilligerSend us a text Student Loan Repayment Tips for Physicians Sim Terwilliger, a certified financial planner specializing in physicians and their families. The focus of the episode is on common mistakes physicians make when repaying student loans. Segment 1: The Three Most Common Mistakes: Repaying Without Exploring Options: Sim highlights the misconception of the one-size-fits-all approach to repaying student loans. Discusses alternatives like Public Service Loan Forgiveness (PSLF) and income...2023-11-3012 min
Student Loan PlannerSmart Money Moves for Parents: Understanding FMLA, Retirement, and MoreNavigating the maze of family finances isn’t for the faint of heart, especially when student loans are part of your story. Get ready to reshape your financial future with insights tailored specifically for parents. Our expert Student Loan Advisors Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, bring their expertise directly to you, offering practical, actionable advice that goes beyond the basics. This episode is packed with essential knowledge of FMLA, disability benefits, and savvy tax strategies, all designed to elevate your money management skills as a parent. In today’s episode, you'll find out: How...2023-11-2135 min
Student Loan PlannerTop Student Loan Questions and AnswersStudent loans have been anything but predictable over the past three years. The changes have raised many questions, but we have the answers! Join top student loan experts Meagan McGuire (Landress), CSLP®, and Sim Terwilliger, CFP®, CSLP®, as they take a deep dive into the questions they’re seeing right now. Their combined insight and expertise can help you get the most out of the payment pause, refunds, payment count updates, forgiveness, and changes coming down the line. In today’s episode, you'll find out: Does working 70% full-time count for PSLF PSLF changes to expect in July Ho...2022-12-1344 min
Student Loan PlannerThe Backdoor PSLF Waiver and Payment Pause Extension ExplainedWhy the PSLF waiver (that expired last month) isn’t really over and the confusing extension to the student loan payment pause are just two recent developments that continue to unfold around student loans. Senior Student Loan Advisors Rob Bertman, CFA, CFP®, and Meagan McGuire (Landress), CSLP®, as well as Student Loan Advisor Sim Terwilliger, CFP®, CSLP®, will walk you through the latest updates that can make or break your student loan repayment plan. In today’s episode, you'll find out: Why the PSLF waiver isn’t really over The latest extension to the payment freeze What it mea...2022-11-2946 min
Financially Savvy in 20 minutesS6: Student Loan DebtWe got the amazing opportunity to speak with Sim Terwilliger of Student Loan Planner. She shared helpful tips and insights, as well as the emotional challenges you must face when getting your student loan finances in order. This is invaluable information, be sure to listen!
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https://www.instagram.c...2022-11-1020 minFinancially Savvy in 20 minutesS6: Deuda de préstamo estudiantilEn este episodio, resumimos la conversación que tuvimos con Sim Terwilliger, una consultora de studentloanplanner.com. Escuchen sus consejos e información.
Or check out their Instagram
Keep up with Natalie, Vira, Robert, and the Podcast on Instagram. Or Just say Hi!!
https://www.instagram.com/financiallysavvyin20minutes/
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https://www.instagram.com/robert_delude/ 2022-11-1012 min
Student Loan PlannerStudent Loan Deadlines, Forgiveness, and Must-Have Self-Care IdeasStudent loan decision fatigue is real. With so many options, programs changes, temporary waivers, and more, there’s a lot of deadlines to keep track of. What should you be paying attention to? What are you eligible for? Where do you even start? Join me, Sim Terwilliger, CFP®, CSLP®, and Meagan Landress, CSLP®, as we review what you should be thinking about right now. We also share how some borrowers are paying it forward and the best self-care ideas to rejuvenate your mind and body. In today’s episode, you'll find out: Why you need to create...2022-10-0427 min
Student Loan PlannerFertility and Alternative Conception While You Have Student Loan DebtWe like to prepare student loan borrowers for whatever life throws at you. But even the best laid plans can throw a curve ball. Sim Terwilliger, CFP®, CSLP®, and James Mwombela, CFP®, two of our newest student loan advisors, recently found themselves taking one of those unplanned detours: Challenges along the way to having a baby. Join Lauryn Williams, CFP®, CSLP®, as she talks to the team about breaking the all-too-common silence around fertility and related issues since joining, as Sim puts it, “the club that you didn’t ask to join.” We’ll cover the kinds of wealth that money ca...2022-09-1337 min
Student Loan PlannerHow to Optimize Your Student Loans and Finances Using Case Studies from Real BorrowersOur very own Lauryn Williams, CFP®, CSLP®, and Sim Terwilliger, CFP®, CSLP®, are tackling case studies of real student loan borrowers. They’re factoring in student loan balance, income, expenses, and other factors going on in their lives, giving you an inside look at how best to manage specific scenarios. The dynamic duo also answer frequently asked questions to help you better navigate your student loans. In today’s episode, you'll find out: What to consider when you or your spouse wants to stay at home The best tax advantages available to nearly every borrower What is a Rot...2022-08-2342 min
Student Loan PlannerThe Difference Between Financial Planners, Financial Coaches, and Sales RepresentativesStudent Loan Planner’s very own Meagan Landress, CSLP®, and Sim Terwilliger, CFP®, CSLP®, sit down to discuss the differences between financial planners, financial coaches, and sales representatives. This is an important conversation that will give you more confidence and clarity when it comes to choosing the right professional to trust with your finances! In today’s episode, you'll find out: How planners, coaches, and sales reps overlap, and where their roles differ What to consider when you’re being marketed insurance products Why the CFP (Certified Financial Planner) is the gold standard designation to look for How t...2022-08-0941 min
Student Loan PlannerUpdates on the Limited PSLF Waiver and the MOHELA TransferSenior Student Loan Advisor Meagan Landress, CSLP®, and one of our newest Student Loan Advisors, Sim Terwilliger, CFP®, CSLP®, discuss a number of relevant topics to student loan borrowers today. Listen as they answer listener questions from the inbox, technicalities about loan repayment (particularly around recertifying for your existing income-based repayment plan) and info about the Limited PSLF Waiver and consolidating your loans for PSLF. In today’s episode, you'll find out: How Aidvantage is asking borrowers to recertify for income-based repayment Know when you’ll actually need to recertify (not before March 2023!) How recerti...2022-06-2144 min
Student Loan PlannerAfraid of Student Loan Debt? There Are Some Excellent Reasons Not to BeHorror stories about out-of-control college debt are familiar to most of us, but there is a flip side to consider. Shying away from student loans can prove short-sighted, especially if it costs you the ability to focus on studies, network with classmates and pursue career enrichment opportunities. The trick is enlisting the right loans for the right reasons – with a carefully considered plan in place. Learn why our student loan advisor, Sim Terwilliger, has some regrets looking back on how she managed the financing of her long-dreamed-of Ivy League college experience. She and Lauryn Williams, our senior student loan ad...2022-04-0530 min
Student Loan PlannerIntroducing New Student Loan Planner Consultants James and Sim!Lauryn Williams, CFP®, CSLP®, welcomes Student Loan Planner’s newest consultants, Sim Terwilliger, CFP®, CSLP®, and James Mwombela, CFP®. Strap in as we get to know Sim and James. The two share their authentic journeys, what motivated them to enter the financial industry, their serendipitous paths to joining SLP, and what they’re looking forward to in this new stage of their professional lives. In today’s episode, you'll find out: How James came to join the team at SLP Sim’s background and the path that led her to SLP What ignited James to join the p...2022-03-1531 min