Highlights from APhA Annual Meeting
Tim and Tim interview several APhA conference attendees on the floor of the exhibit hall about their personal finance journey and the highlights of this year’s annual meeting.
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Summary
On this week’s podcast episode, Tim Ulbrich and Tim Baker interview several APhA 2019 conference attendees on the floor of the exhibit hall about their personal finance journey, as well as learning about their highlights and takeaways from this year’s meeting. Christina Slavonik, the newest YFP team member, shares some of her background and path leading her to become a certified financial planner. Brianne Porter talks about how Eileen McDarg, APhA 2019 keynote speaker, shared ways to practice and build resiliency and how to take care of your mental health as a pharmacist. Brianne also gives an update on her personal finance journey since her podcast appearance on Episode 60. She and her husband purchased YNAB, paid off $12,000 of debt, and began saving for an emergency fund which has brought her peace of mind. Gina, P2 at Virginia Commonwealth College of Pharmacy, joins the podcast after purchasing 7 Figure Pharmacist by Tim Church and Tim Baker. Gina discusses how financial skills aren’t focused on in pharmacy school and is taking personal finance into her own hands. At this year’s conference, Gina mainly attended info sessions and the Rutgers fellowship program roundtables. Kara, P3 at Florida A&M, speaks about how she experienced firsthand the importance of personal finance and of keeping track of money while growing up. Tim, P3 at USC, shares how he’s realized the importance of budgeting and minimizing loans while still in school. Tim and Tim close the episode with a reflection on the conference. Over the last couple of years, they have witnessed personal finance becoming more of an interest for pharmacists and have seen pharmacists increase their knowledge by utilizing resources like YFP.
Mentioned on the Show
- APhA
- YFP Blog
- 7 Figure Pharmacist by Tim Church and Tim Ulbrich
- YFP Podcast
- YFP Blog: Why Most Pharmacists Should Do a Backdoor Roth IRA
- YFP 060: One New Practitioner’s Lessons Learned Accruing $224,000 of Debt in 7 Years w/ Brianne Porter
- Your Resiliency GPS: A Guide for Growing Through Life and Work by Eileen McDargh
- YNAB.
- Use coupon code YFP for 25% off your APhA membership!
Episode Transcript
Tim Ulbrich: Hey, what’s up, everybody? Tim Ulbrich here with Your Financial Pharmacist, live from APhA with the one and only Tim Baker. Tim, how you doing?
Tim Baker: I’m doing well. How are you, Tim?
Tim Ulbrich: Good. Excited to be here in Seattle. We’re live at the booth.
Tim Baker: Yeah, this is crazy.
Tim Ulbrich: Yeah.
Tim Baker: This is the first time we’ve done something like this, and I feel like we want to soak up the ambiance that is APhA here in Seattle. Unfortunately, Tim Church is unable to join us, but we have a crack team that’s going to be helping in our booth, Cristina, our new associate planner is here. We’ll probably have her on the podcast a little bit later. But yeah, I’m excited. It’s a lot of buzz in the air, and we had a good opening night last night, lot of people stopping by the YFP booth. So yeah, it’s been good so far.
Tim Ulbrich: Yeah. It’s going to be a great meeting. We’re excited for not only the exhibit hall, we’re going to be doing some financial roundtables this afternoon with students and new practitioners, talking about budgeting, investing, home buying, student loans. And then we’re going to do a workshop tomorrow afternoon.
Tim Baker: Yep.
Tim Ulbrich: All about goal-setting, finding your why, and budgeting. So all things personal finance and pharmacy, that’s what we do at Your Financial Pharmacist. That’s what we’re doing here at APhA. And a shout out to the partnership that we have with APhA.
Tim Baker: Yeah, absolutely.
Tim Ulbrich: They’ve been a great partner and friend and really helping us spread our mission and message to help pharmacists achieve financial freedom.
Tim Baker: Yeah, and I’m really looking forward to — you know, we’re not quite sure what this episode’s going to look like, but I think we’ll splice together some conversations that we have with other APhA conference goers and just get a flavor of what they’re looking for in terms of the conference, maybe some of the things that, you know, are concerns of theirs for their finances. And yeah. I’m just kind of excited about this new format with the conference today.
Tim Ulbrich: So we’re signing off for now, and we’ll be back here live at APhA 2019 in Seattle, Washington.
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Tim Baker: What’s up, everybody? Welcome back to APhA 2019 in Seattle. I am with Cristina Slavonik (?), who is the newest member of our YFP team. Cristina joined us about a month ago. She is our new associate financial planner, so she is working with me day in and day out, helping clients with their financial plan. So Cristina, welcome.
Cristina Slavonik: Thank you so much, Tim. So glad to be here.
Tim Baker: So why don’t you tell us a little bit about yourself and how you kind of came to be that newest member of YFP?
Cristina Slavonik: Sure. Well, I do have an extensive background in the financial services industry. Just kind of a brief background, I had training as a bank teller starting out like Tim 15 years ago. Kind of worked my way up through the ranks, worked in the private side where we did wealth management for high net worth clients. And then just recently, you know, got my CFP certification, Certified Financial Planner certification, and was looking to branch out. And one thing I liked about Your Financial Pharmacist is rather than catering to a broad market of people, you guys just focus on the pharmacy niche and what you can do for pharmacy students and those in all the various transitions of that career path with them.
Tim Baker: Well, yeah, and it kind of goes back to that whole idea of, you know, I feel like in a lot of financial planning firms, it’s a master of none, you know, kind of the jack of all trades. If you have a pulse, you can be a client. And for us, you know, we really want to focus in on what are the needs of the pharmacist community? And you know, typically, it’s centered around, you know, just being overwhelmed with the student debt and confused on how to properly budget and save and invest and the whole pain point around I feel like we’re just not progressing financially. So I think like keying in on that and really beyond the foundation of building out the financial plan. So Cristina, what have been your impressions of kind of the conference so far? And what’s that been like for you?
Cristina Slavonik: It’s been real exciting. This is my first conference. And just to see the energy and the inquisitiveness of everyone here, it’s really been quite an educational experience for me just to hear what is really on people’s minds, especially with some of the breakout sessions. We’ve had some really good, thoughtful questions and how people, they’re really trying to get on the right path and, you know, start out on the right foundation with their finances.
Tim Baker: Yeah, and I think it’s one of those things that a lot of pharmacy grads, you know, PharmDs, I think there’s a thirst for that, you know, in terms of like, OK, you know, what the heck do we do now? You know? Especially if we’re staring at some debt and, you know, really getting the foundation of a plan going. So I think, you know, what we’re really trying to do is bring some obviously products, you know, services, whether it’s the blog, the book, the podcast, that type of thing, financial planning, to the table and, you know, really assist those on their path to financial freedom. So Cristina, in terms of like, you know, the work that you’re doing with clients kind of day in and day out, you know, what are some of the things that you’re kind of helping us, YFP Planning, what does that look like?
Cristina Slavonik: Sure, yeah. I mainly help with the onboarding process, just making sure that any accounts that are transitioning over, that we have the proper paperwork in place and helping them through that process and also working with their financial behaviors. We do have some surveys that we put out just to kind of educate them on things they can improve on like maybe frugality or their confidence level. And just kind of helping them be better versions of themselves.
Tim Baker: Well, and I think client service is so important. And I love having you as part of the team and really kind of being, you know, another set of eyes and hands to really help clients through the process. And I think, you know, bringing you on as another Certified Financial Planner, another, you know, viewpoint on things, I think it will really grow out our service offering. And I’m really excited to have you on and really, we need to get you more on the podcast.
Cristina Slavonik: Yes.
Tim Baker: And doing your thing. I know you helped Tim Church on the Roth.
Cristina Slavonik: The back door Roth.
Tim Baker: The back door Roth conversion post. So we’re going to be featuring you more and getting your voice heard, so I think people are kind of sick of the Tim, Tim and Tim. So —
Cristina Slavonik: Well, now, we’ve got a female voice.
Tim Baker: We’ve got a female voice, and I did — when I interviewed Cristina, I said, can you change your name to Tim? And that was shot down. So you know, we had to break the mold. And I think it’s all positive going forward. So Cristina, thanks for coming on the podcast, more obviously in the future. And yeah, we’re just signing off for now at APhA 2019 in Seattle, Washington.
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Tim Ulbrich: Tim Ulbrich here, back live from APhA. Day No. 3 of the APhA annual meeting here in Seattle, Washington. And lucky enough here to have one of our — well, one of my colleagues at The Ohio State University College of Pharmacy and a guest from Episode 060 of the Your Financial Pharmacist podcast, Dr. Breanne Porter. We had her on talking about one new practitioner’s lessons learned accruing $224,000 of debt in seven years and lucky to have her here alongside of me at the APhA meeting. How’s the meeting going so far?
Breanne Porter: Hi, Tim. It’s going well. Thanks for having me.
Tim Ulbrich: Yeah.
Breanne Porter: It’s very exciting.
Tim Ulbrich: Thanks for stopping by. You did an episode, Episode 060, that I have referenced often and I would highly encourage our listeners, go back there, check that out. It’s very inspiring.
Breanne Porter: OK.
Tim Ulbrich: I think you were very raw and genuine in the journey you’ve gone through and the lessons that you’ve learned. And I know you’re passionate about this topic and making sure others are on the track to financial success, right?
Breanne Porter: Yeah, that is correct. Yes.
Tim Ulbrich: So talk me through, you just came out of the main session this morning at APhA, all about resilience. So talk to me about what that session was about and the author of the book and the person facilitating that.
Breanne Porter: Yeah, so the keynote this morning was on resilience, and they had Eileen McDargh I think is how she says her last name. And she was really inspiring because she came in basically and, you know, we were talking a lot about mental health and some of these topics can be a little heavy. But really, what she shared with us were some basic practices and things that we can do on a daily basis to really help build that resilience. She talked about how it, in some ways, people may be more genetically predisposed. But it really is a practice that we can all work on to sort of build in our day-to-day and really become a little more resilient in the day-to-day. So it was very helpful.
Tim Ulbrich: And we got to kick the negativity out of our lives. Right?
Breanne Porter: Yes, yes. One of her practices is no red ants. So the people that suck the negative — that have the negative energy and suck it out of you, suck out your energy, basically. You’re not allowed to have them in your life. So no red ants.
Tim Ulbrich: I love that because I think that we all know just from being in the workplace, no matter where you are, I mean, that is such a factor of the culture of a workplace. And I think we underestimate the attitude and what we bring into the office each and every day impacts everybody around us. And that’s true at home, I mean, that’s true with family and so many other things. This topic of resilience, to me, is such an important one. We often talked about it on an admissions standpoint when we were admitting pharmacy students. You know, how do we assess resilience? Because we know in the students we work with, those that have it, and wherever it comes from and however you can find it, they’re going to be able to fight through, they’re going to be able to self-assess, figure out where they’re struggling, improve upon. We see in residency all the time, and I think it’s also true with personal finance. I mean, when people are coming out of school and you’re struggling with student loan debt and all these competing priorities, there’s a lot to work through. And so I think that topic of resilience is a good one. So again, that is Eileen McDargh, right?
Breanne Porter: Yes, McDargh. Yes.
Tim Ulbrich: And the book is called, “Your Resiliency GPS” if anyone wants to check it out. We would highly encourage you to do so. I’m going to be reading it soon, so I’m excited about that. So since we had you on in Episode 060, you shared that journey. And as I mentioned, we’ve highlighted that story. So what are some of the things that you’re working on right now in your own financial journey?
Breanne Porter: That’s a great question, actually. I feel like I’ve made a lot of strides. I’m very proud and excited. So I’m happy to share with the group. But we recently purchased YNAB, my husband and I recently purchased YNAB.
Tim Ulbrich: Love YNAB, by the way.
Breanne Porter: It stands for You Need a Budget, so as straightforward as it can be. We purchased that about six months ago, I think. And since then, we’ve paid off almost $12,000 in debt.
Tim Ulbrich: Wow, congratulations.
Breanne Porter: Yep. Thank you. We’re very proud of that. We started saving towards some goals. We have a huge emergency fund, which is great because I’m pretty sure I’m going to be paying out taxes now, as soon as I file with Tim Baker and his company. But yeah, basically, we’ve just really been able to I think, you know, become more confident in our financial health and really feel more comfortable. Because, you know, things happen now. I had a dog emergency the other day, my dog consumed 15 ounces of dark chocolate and had to spend a night at MedVet. And you know, a year ago, I would have just been carrying that balance for months, probably. And it felt so good to be able to just hand over the cash and be done with it.
Tim Ulbrich: You can’t put a dollar amount to that peace of mind, right?
Breanne Porter: No. Oh my gosh, no. I sleep so much better every night just knowing that I’ve paid off the debt but also, I have that money aside now too. So.
Tim Ulbrich: Yeah, I’m with you. And that’s a hard thing. We talk so much about the numbers, but when you talk about peace of mind, you talk about being on the same page with your spouse, when you talk about defining your goals and knowing you’re working toward achieving them, like that’s the stuff that really matters. And what I love about your journey and thinking about where you kind of came in a very passive participant in your financial journey to a very excited, motivated participant in your own journey. I mean, that’s really what it’s all about. You caught fire with it, and we often at Ohio State, we end up in financial discussions. People have to hear us talking about budgeting and other stuff. So thank you so much for sharing that update. And again, for those that didn’t listen, go back and check out Episode 060 of the podcast where Breanne shares a lot of her story. So have a great rest of your meeting.
Breanne Porter: Thanks, Tim. You too.
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Tim Ulbrich: I’m here with Gina, who is a P2 at Virginia Commonwealth University College of Pharmacy, VCU School of Pharmacy, and here back at the APhA meeting, excited to have you stop alongside the booth. You just purchased a copy of “Seven Figure Pharmacist,” grateful for that, so thank you.
Gina: Yep.
Tim Ulbrich: So tell us a little bit about yourself, where you’re at obviously in your journey of pharmacy school and how the meeting’s going so far here at APhA.
Gina: Yeah. As Tim said, I am a P2. I’m currently looking to pursue a professional residency or a fellowship.
Tim Ulbrich: OK.
Gina: I’m not too sure yet. But definitely I’m also interested in compounding as well. I picked up the “Seven Figure Pharmacist” book because I was interested in — well first off, schools don’t really touch upon financial skills. We do host occasional lectures and talks, but I feel like this is definitely an essential skill. It’s important to have a job, but it’s rather how to utilize that such as like investing and all. And I figure I don’t have much background on that personally, so that’s kind of what I’m hoping to get out of that book.
Tim Ulbrich: Yeah.
Gina: Especially to prepare myself for graduation.
Tim Ulbrich: Yeah. And I’m so excited to hear you energized about this topic as a P2. You know, as I think back on my journey, part of the pain that I had paying back $200,000 of student loan debt is I wasn’t thinking about it early enough. So you know, the fact that you’re thinking about this early tells me that you’re passionate about learning and that will be everything in terms of your journey. And so establishing that principle of learning early on is so important. So kudos to you for investing in that. It’s an important thing to do.
Gina: Thank you. I mean, especially in this day and age, you know, tuitions are rising with any school, undergrad especially. Yeah, it’s definitely an important skill. It’s the future.
Tim Ulbrich: So here we are at the APhA meeting. So how’s the meeting been going? What’s been your favorite parts of the meeting so far?
Gina: Good. I’m a student, I’ve attended info sessions on — for example, I just came back from the Rutgers Fellowship Program roundtables, and that was pretty informative. Other educational sessions included like dietary supplements, contraceptives, etc. Yeah, it was pretty eye-opening.
Tim Ulbrich: Yeah.
Gina: Yeah.
Tim Ulbrich: Great meeting. It’s been beautiful here out in Seattle. And I know coming from the East Coast, the travel certainly can be exhausting. But it’s a great, great city here in Seattle.
Gina: Oh yeah.
Tim Ulbrich: Thank you so much again for just taking time. Thank you for your support of the work that we’re doing. And best of luck to you going forward.
Gina: Thank you. Thank you for having me.
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Tim Ulbrich: Back at the exhibit hall here at APhA 2019 in Seattle. Excited to be here with Cara from Florida A&M University. And she stopped by the booth yesterday, had purchased a copy of “Seven Figure Pharmacist,” was so excited about it, we did a little recording. And we found out the audio wasn’t working. So she’s back today. So thank you for joining.
Cara: No problem at all. It’s a pleasure.
Tim Ulbrich: Yeah. So tell me a little about yourself, what year you are in pharmacy school and how your meeting’s going so far.
Cara: So I’m a P3 student from Florida A&M, and my meeting is — the meeting’s going amazing. You really get to network. And that’s so important in this job field right now.
Tim Ulbrich: Absolutely. So this topic of personal finance, I can tell in just my short interactions with you, it’s something you’re very passionate about.
Cara: Yes.
Tim Ulbrich: You told me that you are adamant on not being broke, right?
Cara: Yes.
Tim Ulbrich: We’ve talked about stories of many pharmacists that go through this process, accrue lots of student loans, have a good income but feel like they’re living paycheck to paycheck because of student loans and other competing priorities. So tell me about your desires going forward and why you’re so motivated about this topic.
Cara: So I’m motivated, first of all, my mom was a single mother, and I saw that it seemed like she was working as hard as she could, and she was sacrificing so much and still could barely make ends meet. And there’s no reason for that. She didn’t do as much as she could for me to turn around and do the same thing. It’s always you’re supposed to grow.
Tim Ulbrich: Yes.
Cara: So it’s important to have financial literacy. And she really pushed to me, like hey, you need to count your coins.
Tim Ulbrich: Yeah, absolutely. And I think, you know, what I love in my talking with you just for a short time, you have caught fire on this topic.
Cara: Yes.
Tim Ulbrich: And what I’ve seen is once people have that passion for learning, it’s game on. And a pharmacist’s income alone is good, but it’s not going to equal financial success alone. Or you’ve got to take that income and put it into work. We talk a lot about people that are income affluent but that haven’t turned that into balance sheet affluent. So it’s got to be able to transform that income into wealth. So I’m excited for you and for your journey. And while we’re here, I’m going to do a quick shoutout for Dean Johnnie Early at Florida A&M University, just left us in Toledo, Ohio, and went down there. So thank you so much for your time. And I hope you have a great rest of your meeting.
Cara: Thank you so much.
Tim Ulbrich: Yeah. Thank you.
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Tim Ulbrich: I’ve got Tim here with me, a P3 from USC College of Pharmacy, and grateful for the opportunity to have you here for a couple minutes. Yesterday, you stopped by the booth. I was trying to talk you into doing some podcasting and you were a little bit nervous, but here we are, back today, and you’ve come back. So I appreciate your time.
Tim: Sure. Thank you for having me here.
Tim Ulbrich: How’s your meeting going?
Tim: It’s pretty great. It’s my third day, and I have met a lot of people and going to different booths here at the exposition as well as go to the research and poster presentations. I think that was cool as well. And being a delegate for Rho Chi and PLS. Also, I have never been a delegate before, so that’s also a new experience for me.
Tim Ulbrich: So it’s been a busy meeting. And I just found out that you are flying home very early morning tomorrow, getting into the LAX airport, and driving to USC to take a final exam. So it’s dedication for you to be here at APhA, investing in your professional development, which I’m excited to hear. And I can tell you’re excited about this topic of personal finance as well. So tell me what’s top of mind for you when it comes to personal finance as a current student and thinking ahead to making that transition into new practitioner life.
Tim: I think it’s very important to start early. As you know, currently interest, they may accrue, they don’t charge it. I don’t like making more interest.
Tim Ulbrich: Yes, baby interest. Capitalization.
Tim: Yes, they’re not being capitalized.
Tim Ulbrich: We call it baby interest.
Tim: Oh, OK. Then I’m making baby interest, but it’s just accruing. So I think it’s important now to start budgeting, see where I’m spending my money and try to minimize all the expenses that I don’t need so that I can minimize my loans and hopefully have not too much loans, especially attending university, so.
Tim Ulbrich: Yeah, try to minimize some of that stress later on.
Tim: Yes.
Tim Ulbrich: I’m glad to hear you say, we talk a lot about that while somebody’s in school, it can very much feel like Monopoly money. And you don’t realize the impact of how that interest is growing.
Tim: Right.
Tim Ulbrich: And then to your point, once you get into active repayment, that interest grows on the principal, and that starts growing interest, which is that process of capitalization.
Tim: Yes, exactly.
Tim Ulbrich: So for the students that are listening to this, anything you can do, Tim’s got good advice here. Minimize the amount that you’re borrowing, of course sometimes it’s easier said than done.
Tim: Right.
Tim Ulbrich: Ultimately, you’re trying to minimize that principal balance as well as the interest that’s accruing to minimize what you’re going to have to pay in active repayment. So USC College of Pharmacy, one of the top programs in the country. Tim Baker and I actually had a chance to come out there last year, talk with students, very impressed with the campus, top notch students — and I’m not just saying that to say that. We left that weekend just very impressed with the USC brand, the level of students, the caliber of the students, so I wish you the best of luck. And thank you for coming onto the show.
Tim: Of course. Thank you for having me, and thank you for coming last year. We really enjoyed you being there and teach us about finance.
Tim Ulbrich: Absolutely. Thank you.
Tim: Thank you.
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Tim Ulbrich: Tim Ulbrich here, back on the floor of APhA in the exhibit hall with Tim Baker. We are wrapping APhA Annual 2019. Wow.
Tim Baker: Already.
Tim Ulbrich: Already, right? It’s been a great meeting.
Tim Baker: It went by really quickly. Yeah, it just seems like so much buzz this year around our booth and I think the topic of personal finance. APhA, like I said, puts on a good show here. Yeah, it’s been great. I don’t know, Tim, I feel like coming out of these conferences, I just get so charged up even not being a pharmacist myself but just, you know, about — I know there’s going to be some negativity at times about the profession of pharmacy, but I just get super jacked up coming from these types of meetings and going forward. And you know, for us, trying to find better ways to do what we do in terms of providing product and service for pharmacists with regard to their personal finance needs.
Tim Ulbrich: Absolutely. And there’s been a ton of energy around the topic of personal finance. And you know, I feel like thinking back to 2015 when we kind of started the journey, like one of the things we kept saying is we want to move the needle on this conversation.
Tim Baker: Yeah.
Tim Ulbrich: About personal finance. And I feel like, you know, we’re of course biased, right? We love this. But I feel like the awareness and knowledge of students and new practitioners — and we’ve talked with faculty members, and we’ve talked with others — the terminology, I mean, things I hear students talking about.
Tim Baker: It’s unbelievable.
Tim Ulbrich: Understanding refinance and budgeting, loan forgiveness. Like, we didn’t hear that 3-4 years ago. And I think we’re seeing that needle shift a little bit.
Tim Baker: You know, it’s funny. I was talking to a pharmacist today, and she came up and actually she’s right behind us in our booth here. She works for the FDA, and she’s like, “Hey, what do you think about like that married filing separately if I’m going for PSLF and my spouse isn’t?” And I’m like, wow. Before it was, what’s an income-driven plan. And now, we’re talking about oh yeah, I’m optimizing my PSLF strategy here. I’m doing this or that or refi or — it’s unbelievable. And you know, I don’t know if we can take full credit for that, but I think, you know, I think the fact of the matter is that there is absolutely more of an awareness than it was a couple years ago. And I think it’s a credit to our listenership and really, the students and the new practitioners out there that are really being intentional and looking at this stuff. And it’s super easy, as you can attest to, to not be.
Tim Ulbrich: Yeah, absolutely.
Tim Baker: And to kind of wander off or stick your head in the sand. So you know, that just jacks me up. And I love that, and I think, you know, I’m looking forward to next year’s conference in D.C. because I want to see even more of like the evolution from where we’re at today.
Tim Ulbrich: I couldn’t agree more. And I think the excitement and the energy around, you know, caring about this topic and, you know, we help pharmacists achieve financial freedom. That’s what we do. And we’re missing Tim Church out here.
Tim Baker: We are.
Tim Ulbrich: Because you know, we’re feeling this energy and this vision and what we’re doing is just as much a part of him as it is us and his contribution to that. So Tim Church, shoutout to you.
Tim Baker: He’ll probably be ready to run through a wall there, you know.
Tim Ulbrich: You’re right, he would. What you said to me that really resonated that I’m feeling is intentionality. I mean, we did some roundtables yesterday, and we talked about budgeting and, you know, finding your why and thinking about goals and all these other things. And I felt like the context of budgeting and seeing a group excited about, you know what, a budget doesn’t have to restrictive. A budget doesn’t have to be something that holds you back. A budget is about putting you in a position to achieve the goals that you really want to achieve, like that really is what this whole thing is all about. And that’s exciting.
Tim Baker: Yeah, and I think when you can reframe the mindset of like, you know, thinking of a budget as like, ‘oh, I don’t want to, it’s restrictive,’ to a budget allows you to really achieve the why and you know, to take the trips that you want to and to achieve financial independence when you want and that type of thing. It’s like, when you back it in, when you look at it that way, it becomes dare I say fun. It becomes more — you get more and more momentum when you’re working towards those goals and the budget really is the means to the end of that. And I think just there’s a — it’s almost like the “b” word is a dirty word. But I think it can be a very positive thing, you know, if you really ask those reflective questions of what is the point of all of this? Like what is the point of making this income of paying down these debts? You know? When I talk with clients and I ask those questions, it’s typically not like, oh, I wish I would have funded my Roth IRA. You know, looking back, it’s more like, I wish I would have done these things with my family or I wish I would have ventured out on my own and did something in business or whatever. And I think like, get excited about that. That, to me, is that encouraging thing. Like build a life plan and have the financial plan really support it.
Tim Ulbrich: Yeah, we preach, obviously, principles to build wealth. But our goal is to equally preach what leads to a wealthy life.
Tim Baker: Right.
Tim Ulbrich: And I think that’s so important for us and at least from my viewpoint, that’s what’s so incredible about being a part of this journey is to be able to see people unlock what matters most to them. And we’re getting ready to head into our last session here this afternoon where we’re going to talk with new practitioners all about that concept of, here you are as a new practitioner, you just graduated, you’ve got all these competing priorities. So what? What is this all about? And can we define that so that when we get into the nitty gritty of the financial plan and the budget and all of that, that we’ve got purpose, we’ve got direction, and we know why we’re being intentional. So as we wrap up APhA 2019 here in Seattle, Washington, just another shout out to the American Pharmacists Association, we appreciate their partnership. You know, it’s been so fun seeing the energy of students and new practitioners and others here at the meeting, looking at how can we better the profession, how can we evolve the profession? And we’re excited for what lies ahead in this partnership. We’ve got a webinar coming up in the month of April around home buying. We’ve got new content coming throughout the rest of the year. We’re going to do some more live events, the Day of New Practitioner Life this summer in Washington in July. So for those that are not familiar with the work we’re already doing, Pharmacists.com/YFP. For those that are APhA members, you can log in, access the catalog of webinars and other content that we’ve done. For those that are not a member, you can use the coupon code AYFP19, AYFP19, to get 20% off your membership. So Tim, it’s been a lot of fun.
Tim Baker: Yeah, same. Looking forward to next year.
Tim Ulbrich: Absolutely.
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