Episode 309: 5 Money Mistakes Costing Women Physicians Thousands

Dr. Latifat is the author of the Amazon bestselling books Done With Broke: The Woman Physician’s Guide to More Money and Less Hustle and The Power to Choose: The Woman Physician’s Guide to Financial Liberation and Life on Your Terms. She is also the founder of MoneyFitMD, a financial empowerment platform designed to help women physicians achieve financial independence without sacrificing their well-being.

In this episode, she breaks down the common financial mistakes that cost women physicians thousands of dollars each year. She shares how to shift from scarcity to abundance, rethink what being a “millionaire” truly means, and make smarter money decisions that actually align with your life and goals.

Key Takeaways:

1. You need more than one million to retire comfortably.
2. Avoid letting fear and scarcity drive your money choices.
3. Financial peace starts with clear goals and planning.
   
   

Timestamps:
00:40 Why women physicians lose money
02:18 The illusion of being “just fine” financially
04:05 Why $1M isn’t enough for doctors
06:10 Overcoming the scarcity mindset
08:22 Building wealth that fits your values
10:30 Common money traps in medicine
12:12 How fear limits financial growth
14:28 Reframing wealth and success
16:45 Becoming a multi-millionaire on purpose
18:52 First steps to fixing your money habits

Related Episodes:
The Secret To Making Your Money Work For You!
Why Women Physicians Avoid Money Conversations

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 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)