Burnout, physician suicide, and other mental illnesses are issues the medical community continues to grapple with. Although there is greater awareness and recognition of these mental health problems than in the past, doctors are still find themselves afraid to speak up and seek help. (4:05) Despite these prevalent fears, some medical professionals are stepping up to provide resources to help each other out.
In this episode of Prosperous Doc, our host Shane Tenny is joined by family medicine physician and founder of Physician Coaching Alliance, Dr. Errin Weisman. Dr. Weisman explores the benefits of physician coaching for coping with the unique issues facing medical practitioners today. She shares her journey to becoming a coach and how difficult days fueled her passion for coaching. (1:47) She goes on to examine the surge in demand for professional and life coaching in the medical industry, as more discover this as a valuable tool.
Dr. Weisman also touches on several challenges common to the medical profession, including physician burnout, physical and career suicide (13:00), money dynamics in marriages, and other financial struggles. (20:27) Her solution, when things pile up and get overwhelming, is to take things one step at a time, tackle and focus on one issue first. (16:12)
Some of the key takeaways that Dr. Weisman wants physicians to understand is that you are not alone in your problems, you are not stuck, and there is hope that things are going to change. (17:07) Remind yourself that you are okay, even when it feels like the current situation is not. It’s never a sign of weakness to reach out and ask for help, so please reach out for help when you need it. (31:39)
This episode’s Financial Wellness Tip is all about the benefits of automatic savings. Implementing this method of savings in your plan will change the way you look at finances. While manually maintaining savings requires discipline to execute, automatic deductions to your monthly income will become an expense. Your budget and lifestyle will then fall in to place as a result.
Will Koster emphasizes that you should save first, then make it automatic and mindless so you can start building your savings snowball.
Prosperous Doc podcast by Spaugh Dameron Tenny highlights real-life stories from doctors and dentist to encourage and inspire listeners through discussions of professional successes and failures in addition to personal stories and financial wellness advice. Spaugh Dameron Tenny is a comprehensive financial planning firm serving doctors and dentist in Charlotte, NC. To find out more about Spaugh Dameron Tenny, visit our website at www.sdtplanning.com. You can also connect with our host, Shane Tenny, CFP at firstname.lastname@example.org or on Twitter.