Episode 282: 3 Things The Wealthy Teach Their Kids About Money that Most Physicians Don’t!

Dr. Latifat is a physician, money coach, and founder of MoneyFitMD—a platform and podcast created to empower women physicians to rewrite their financial stories, build wealth confidently, and live life on their own terms. With a unique blend of real talk, education, and mindset work, she helps doctors learn the tools to grow wealth without burnout, guilt, or shame.

In this episode, she breaks down the top 3 wealth-building lessons that financially successful people teach their children. She shares deeply personal stories, practical tools, and mindset shifts to help parents—especially women physicians—raise kids who are financially confident, generous with boundaries, and surrounded by supportive networks.

Key Takeaways:

1. Wealth is built through mindset.
2. Generosity needs boundaries.
3. Relationships are a foundational asset.

Timestamps:
18:10 Teaching kids through books and everyday money conversations
20:34 The trap of generosity without boundaries
22:57 What giving with boundaries looks like in real life
23:37 The financial value of relationships and networks
25:43 Building a board of directors for your kids’ future
26:32 Estate planning and legacy decision-makers
28:53 Exposing kids to your financial network intentionally
30:30 How to teach investing principles without overwhelming them

Connect with Dr. Latifat:
☎️ Book A Call:

You’re making six or even seven figures—and still asking, “Where did all my money go?” The problem isn’t your income—it’s that you haven’t learned how to have money left.

The Money Left Over program gives women physicians the tools to uncover 4–5 figures in extra monthly cash and finally let your money start working for you.

👉 Go to moneyfitmd.com/moneyleftover now and find out how.

You’re earning more than ever—but somehow, there’s still nothing left at the end of the month. The problem isn’t your income—it’s your money habits. The Money Left Over program helps women physicians uncover thousands in hidden cash flow and start keeping more of what they earn.

👉 Visit moneyfitmd.com/moneyleftover to learn how.

You’re making six or even seven figures—and still asking, “Where did all my money go?” The Money Left Over program gives women physicians the tools to uncover 4–5 figures in extra monthly cash and finally let your money start working for you.

👉 Click here to find out how.

Connect with Dr. Latifat:
💡 Instagram
👥 Facebook Group
🔗 LinkedIn
📩 Email
☎️ Book a Complimentary Call
💸 Youtube

Free Resources for Women Physicians
🧳 Sabbatical Guide (Free Download)
🧠 Financial Starter Guide
💸 Money School for Women Physicians
🧬 Financial Personality Quiz

Books & Programs
🔑 The Power to Choose by Dr. Latifat
📘 Done with Broke (Amazon)