Summer Rewind #3: Financial Therapy 101 with Dr. Gregory Gilot and Erika Wasserman

Wealth Planning for the Modern Physician

Join host David Mandell as he revisits and highlights 7 episodes from Seasons 1 and 2 of The Wealth Planning for the Modern Physician podcast. “I think that all of the episodes are great and provide value for our listeners,” says David, “but I selected a few that offer intriguing ideas and a unique perspective for physicians in 2023.”

Episode 1.13: Financial Therapy 101 with Dr. Gregory Gilot and Erika Wasserman

Originally released March 4, 2021

For the third segment of the 2023 Rewind Series, David speaks with Dr. Greg Gilot, an orthopedic surgeon at the Cleveland Clinic in Florida, along with his collaborator, "your financial therapist" Erika Wasserman.

David and Greg cover reasons why Greg chose to take time away from his busy orthopaedic practice to get a certification in financial therapy. Greg shares how physicians can benefit from financial therapy and introduces his collaborator Erika and her role as a financial therapist.

Because doctors experience a great deal of stress related to money, the availability of financial therapy is something they should be aware of for themselves, their colleagues, and their family members. This episode from 2021 offers a physician’s perspective on this important discipline that can help physicians focus on and achieve their long-term financial goals.

Ideas Worth Sharing

“We as physicians are high-income earners, but we accrue a lot of debt and we have no financial literacy.”

“Let’s pay for the past, live in the present while we prepare for the future.”

Learn more and listent to this and past episodes by visiting www.physicianswealthpodcast.com.