Value should be your focus, not just cost!

Value should be your focus, not just cost!

Author: Vu Kiet Tran November 7, 2022 Duration: 53:31
We, in healthcare, are no different than everyone else when it comes to evaluating a product or service. Everyone, even people whose expertise is financial products and strategies, fall in the same trap. That is basing their assessment mainly focused on cost and fees. That is absolutely the wrong mindset. And it is very costly in the end. Life is a great teacher, but this teacher is very expensive. Learn to evaluate a product or service based on value, not cost.   Please email me at HMFHD2020@gmail.com if you ave any comments or feedback.

Ever feel like managing your money is a diagnosis you just can't crack? How is my Financial Health, Doc? is a space built specifically for healthcare professionals-from residents to seasoned surgeons-who are experts in the human body but might find their own financial picture a bit blurry. Host Vu Kiet Tran creates candid conversations where the complexities of investing, debt management, and building wealth are broken down without judgment. Here, the often-taboo questions about salary negotiations, side hustles, and planning for a secure future are not just allowed, they’re the entire point. Each episode feels like a consult with a trusted colleague, blending practical business principles with an understanding of the unique pressures and irregular income streams common in medicine. You’ll hear real stories and straightforward strategies that connect the dots between physical well-being and financial fitness. This podcast recognizes that a healthy career requires a solid economic foundation, offering actionable advice to help those who care for others start feeling more confident about caring for their own financial future. Tune in for a dose of clarity that goes beyond the clinic.
Author: Language: English Episodes: 100

How is my Financial Health, Doc?
Podcast Episodes
You cannot eat your house! [not-audio_url] [/not-audio_url]

Duration: 25:21
Many of us have a house (borrowed from the bank) or on the market looking to buy a house. Home-ownership is a Canadian dream. Given how strong the Canadian housing market is right now, many of us are willing to buy over-…
It is value we should seek, not the cheapest thing we can find. [not-audio_url] [/not-audio_url]

Duration: 14:35
The seventh installment in the serie on Behavioral Finance. Achieving Cheap at all cost. A race to the bottom is not the same as a race to find value. In fact, getting the cheapest you can find of everything is refusing…
Are you a cowboy when it comes to investing? [not-audio_url] [/not-audio_url]

Duration: 10:45
The sixth installment in the serie on Behavioral Finance. Taking too much risk due to greed. This bias is something I am certain we all can fall victim to. Are you trying to be a cowboy and hit home runs all the time? Or…

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