The clock is ticking for the changes to capital gains to take effect. The window is also closing to do anything proactively about it before the changes occur. I sat down with Hemal Balsara, Head of Tax, Retirement, and Estate Planning, Individual Insurance, Manulife for this episode to get to the bottom of the changes. Hemal was part of a group inv…

The Budget! You've likely heard about the proposed tax changes in the 2024 federal budget and how they could impact your financial future, especially regarding capital gains within your corporation. Since I was fielding so many questions and clarifying misconceptions about the change, I decided to make this podcast episode and a whiteboard video wh…

Are you collecting products or do you have a plan? A lot of physicians I meet have picked up different financial things along the way: investment accounts, insurance products, corporate investment accounts, maybe income properties, and more. There's nothing wrong with this approach, but the two questions I commonly get from physicians after they ha…

I've recently had some lengthy conversations with physicians about whole life insurance. It dawned on me that for all the information out there about this sometimes polarizing product, many people are poised to make what I consider the most expensive mistake... buying something they don't need. Now, I'm not saying that no one needs whole life insur…

This episode is different. It's only my second solo episode, with many more to come. It's a topic close to my heart: helping people who are confused about their finances. Have you ever felt like everyone else has it all figured out when it comes to money? Do you feel like there must be something wrong with you if you haven't been able to make sense…

Dr. Vollrath saw a problem. No cohesive system for doctors to find or post jobs. He saw scattered conversations across forums, Facebook, and WhatsApp and figured he could do something about it. So he co-founded Cherry Health, Canada's Medical Network where more than 2,000 monthly job seekers and over 1,300 employers post and look for their next job…

"She's some sort of superhero." That's the first thing that popped into my head when I started following Dr. Pandya on social media. She's an aquanaut, scientist-astronaut candidate, skydiver, and practices medicine in rural Alberta. The cool thing is Shawna is eager to share what she's learned by pursuing her passions and the approach to resilienc…

It's top of mind for anyone with a mortgage or anyone about to get one: "What can I do about interest rates?" For a long time we saw rates dropping then staying fairly stable. Now rates have gone up quickly and don't show any sign of dropping. Until I spoke with Carlin I figured there's nothing anyone can do about it, but I was wrong. Carlin is a m…

I read a lot of books about finance and hands down, Dr. Akintade has written a must-read book, especially for female physicians. Done with Broke: The Woman Physician's Guide to More Money and Less Hustle. It's filled with anecdotes as well as research around successful paths to building wealth. My copy is covered in highlighter because there are so…

Eve Rodsky wrote a book called 'Fair Play' that completely changed my life. After I read it, I realized I was not pulling my fair share of work around the house. It led me to make some serious changes to bring a balance to the workload in our household. As much as I hate to admit it, I also realized I didn't value my wife's time as much as mine. In…

Dr. Matt Poyner is a physician who empowered himself around his finances and is now doing the same for other physicians. He also took a year off with his wife and four children, travelled the world, and blogged about it, which is really amazing. Part of how Dr. Poyner helps physicians is to help them clarify their financial path forward, one of the…

What relationship do you have with the longest ‘four letter word’ in financial planning? Of course, I’m talking about ‘budgeting’. I had never done an episode about cash flow, and when I met Sunny, I realized she is the perfect person for this episode, because she makes it fun. Sunny is a zero-judgement financial planner who rolls up her sleeves an…

When I first came across Dr. Mark Soth's website: https://www.looniedoctor.ca/ I was blown away by the amount of content created by just one guy. In case you haven't heard of The Loonie Doctor, Dr. Soth is a mid-career academic ICU doctor. He has been helping Canadian physicians and other high-income professionals to not get hosed (nor be hosers, e…

Welcome to my first solo episode! I talk about why traditional financial planning does not work for Canadian physicians. I have a private Facebook group specifically for Canadian Physicians and I opened up a poll in there asking which concepts people wanted me to cover. The ones that rose to the top were - Paying off debt or investing - How to make…

I'll admit that often times get stuck in a trap around time. That I don't have enough for the things that matter most to me. But... I also wonder... "Well isn't that the way it has to be?" Thankfully Dr. Gallie is a masterful life coach and in this episode she'll help you start to crack the code on how to shift the story around time. Annie is a pra…

Exactly one year ago a good friend of mine said "Galen it's great that you're creating all these resources for physicians, but what about the spouses and partners of physicians, how do you support us?" That conversation planted the seed in my brain that led to this podcast episode and the upcoming event on August 14th for physicians and their signi…

The Tyrant, the Artist, the Warrior, the Wizard... Which money archetype best describes you? Brenda St. Louis believes that every person has a money archetype that shapes the way they relate to money. She helps people discover theirs and then use that knowledge to empower them to make better money decisions. Brenda St. Louis is an Accredited Financ…

One day Dr. Tran had a brutal wake up call around his finances. He took a look at his portfolio and saw it had been languishing for a decade, not even keeping up with inflation. Done with the hands-off approach, he decided to educate himself around all things finance and dive deep into the reality of physician financial planning and corporations. O…

I had a flat-out amazing conversation with Dr. Wing Lim about practice transformation, finances, and peer support all for physicians. Dr. Wing Lim is a family physician based out of Western Canada and co-founder of Physician Empowerment, a group of physicians out to enhance the lives of doctors across Canada with their financial literacy, practice …

The doctor so nice, I had to interview him twice. Dr. Mailo is an emergency physician based out of Edmonton, Alberta, the founder of Physician Empowerment, and an all-around great guy. In this episode we talk about key things Dr. Mailo has learned from working with physicians and providing them with a financial education for the past many years. We…

This was an episode a long time in the making and just in time for our upcoming Webinar about Real Estate Investing for Busy Physicians, coming up on March 5th at 10am EST. Click here to register: https://www.galenhelpsdocs.com/real-estate Join me and Dr. Mailo as we explore physician empowerment, financial literacy, real estate and sleeping better…

Check out this amazing conversation with Dr. Stephanie Zhou where she shares loads of what she's learned about finance for physicians as well as much more. In this episode we talk about: - Financial literacy for physicians - Intergenerational wealth among immigrant families - Equity, Diversity, Inclusion, and Belonging research Dr. Zhou practices A…

Check out this amazing conversation with Dr. Randy Cook around coaching for physicians. Dr. Cook is the host of 'RX for success' podcast where he spotlights physician leaders as they reflect on the elements that helped them in their journey to success. He brings more than four decades of beside practice to the table as we talk about the intersectio…

Do you ever find yourself with your head on your pillow staring at the ceiling doing ‘sleep math’? “If I fall asleep now I can still get x hours of sleep.” Or thinking, “Well I went to bed too late, tomorrow’s shot.” In this episode sleep coach Janet Whalen walks me through how she helps doctors get better sleep using science and their own brains. …

That's right, I got to interview Dr. Jimmy Turner THE Physician Philosopher We talked about how the path physicians take can enhance 'arrival fallacy' that idea that: 'once I hit that next goal, then I'll finally have what I want.' He shared with me how he and his team support physicians in all areas of their lives and the power of having an unbias…

‘Team’ is not a four letter word' If you are in a clinical setting and struggling to create an efficient team and trust the people on that team, this episode is for you. Michele has a long history of working with physicians and clinic teams in enhancing efficiency by building trust and teamwork. Michele is a certified executive coach who helps phys…

All right, I'm gonna say it. This episode rocks. I'm joined by Dr. Annie Gallie who helps overachievers (including lots of physicians) find clarity and get unstuck from overwhelm. Dr. Gallie is a family physician and life coach out of Calgary with tons of insight into the reality of driven overachievers. If you are experiencing overwhelm and are no…

I'm not a doctor, nor do I play one on TV, but I have to say Dr. Gharbi has created an incredibly slick, easy to use, intuitive software for doctors. Why did he do this? Because he's a doctor and was sick of using tired old clunky software so he did something about it and created the best Canadian EMR "Arya EHR". The only electronic health records …

Dr. Blake wisely advised me to add a trigger warning for this episode. Dr. Ana Blake is a family physician in rural Canada and a life coach with Anti-Fragile Female M.D, specializing in physician burnout, perfectionism, and overwhelm. During this interview, Dr. Blake is very open about her journey through burnout and anxiety. She has taken this exp…

Are you a physician starting a side business or looking to grow your existing side business? This episode is for you! Dr. Dena George knows all about starting a side business and making it simple for high achievers to get started. In this episode Dr. George shares with me the mindset shifts necessary to overcome procrastination and perfectionism an…

Do you feel out of control, frustrated, or tired as you go through your clinical day? Are you spending hours charting in the evening, at night or all weekend? Dr. Sarah Smith wants to help you! Dr. Smith is the Charting Coach for Physicians and a practicing Rural Family Physician in Alberta. Sarah is the founder of the Charting Champions Program he…

Gretchen Rubin's book "The Four Tendencies" changed my life. I always wondered "Why is it I can make time for others, but leave my own passions on the back burner?" This book helped me discover why and how to harness my tendency to prioritize the things that are important to me. Be sure to take the quiz and find out what yours is before listening. …

Dr. Key helps physicians go from feeling overwhelmed and out of control with their eating to finding relief from stress and binge eating without relying on willpower. In this amazing interview, Dr. Key shares with me how she shifted her own relationship with junk food (fries in particular) and got the root cause of stress eating in her own life. Sh…

I'm a big fan of spending my energy helping my clients control what they can and manage what they can't. One of the biggest keys to financial success is proper money behaviour. Today I speak with Dr. Michelle Hilscher about the art and science of Behavioural Economics and how you can use it to connect with your future goals and make better money de…

Check out this amazing podcast episode with the one and only Eve Rodsky! Eve is a New York Times bestselling author who created a fascinating approach to rebalancing the amount of work done around the household to make it more fair. She outlines it all in her phenomenal book 'Fair Play'. Check it out to learn tips and techniques to fairly equalize …

I'm very grateful to have been able to spend some time with Dr. Michelle Cohen, who is a family physician out of Brighton Ontario. Dr. Cohen shared with me her findings around the gender pay gap in medicine in Canada. She walked me through the different factors that create the gap, surprising insights into its source, and next steps to have gender …

I had a great time jamming out with Dr. Milne on Star Trek, pursuing passion projects as a doctor, financial planning tips for physicians, and the gender pay gap in the house of medicine. Dr. Ken Milne is the host of SGEM (The Skeptics Guide to Emergency Medicine) podcast. He is also the Chief of Staff at South Huron Hospital in Exeter, Ontario. He…

When I met Tawny, I knew I had to learn more about the amazing work she's doing in finance. Tawny is a financial strategist and coach focusing on empowering the Black community such that there are more Black-owned residential and commercial properties and business expansion in the Atlanta area. Country-wide Tawny is also passionate about creating i…

Check out this episode where I chat with Sabrina La Vista on how busy couples can make time for love and reignite their spark. Sabrina gives amazing insight on how to better understand the unique ways different people experience and express love. Sabrina is all about empowering people like you to create fulfilling romantic love that lights up your …

In preparation for being featured in The Globe and Mail, my Brother in-law in-law and I chatted about mistakes couples make with their money. Join in to hear what are the biggest mistakes I see behind closed doors and what to do about it.Por Galen Nuttall

Dr. Struck holds a PhD in the philosophy of science and has some mind-blowing insight into behaviour and finance. I'm really glad we had a chance to record this episode and share some phenomenal insight into how to get your habits and mindset to work for you. Dr. Struck also gave me a new perspective on which questions are better questions when it …

Dr. Anderson was ranked the #1 MD in Canada in the Crossfit Open. He also summited Mt. Kilimanjaro in 2016. Join me to learn more about how Dr. Anderson balances work and health to pull all this off! How to follow Dr. Anderson Instagram: @jda_9 Twitter: @jda5972Por Galen Nuttall

Should you incorporate? Did you incorporate for the right reasons? I sit down with Mark Noble from Templeman in Belleville to talk professional corporations. Mark is great at asking the right questions to help you decide which business structure will work best for you. If you have any questions about incorporation reach out to Mark: Via text: 613-9…

"I find ways to reward myself throughout out the week when things have been crazy." Join me as I chat with Rae Woodhouse. Rae is a 3rd year medical student at Queen's University. She is also class co-president. I ask Rae: "What advice do you have for med school students in their 1st and 2nd year?" Rae also shares some tips on how to wind down at th…

Sarah and I have fantastic conversations about the problems facing Canadians with financial planning. We decided to pull back the curtain and let everyone listen in. We talk about the biggest problems facing Canadians as well as how to spot bad advice. Bonus. This episode is baby Yoda approved.Por Galen Nuttall

Figure out how this doctor won the Nobel Prize "the easy way." In this episode I interview one of the first doctors I ever met. We talk finance, life, and what it's like to be featured in The New York Times. Visit galenhelpsdocs.com to get your free guide to financial planning for Canadian doctors.Por Galen Nuttall

Kristine has been recognized by the Canadian Nurses Foundation for Innovative leadership in Nursing for 2018. Join me as Kristine and I talk about her journey in the medical field and how she helps the "sandwich" generation in an innovative way with care for aging parents.Por Galen Nuttall

Lisa has a passion for Hospice care because of her own family experience. When her grandfather was sick, her grandmother took on the role of caretaker. They did not contact Hospice, but could have. In her words: “Hospice would’ve allowed my grandmother to be a wife again.”Por Galen Nuttall

Sarah and I talk about how she and her team at PhysioWell are helping their patients manage pain in innovative ways. Sarah’s commitment to the highest standard of patient care and her direct one to one (therapist to patient) treatment approach is just one of the reasons why she has had a fulfilling and successful career serving the Quinte West comm…

Melanie shares the top three signs that you are likely ready to incorporate and how to make the most of it. Melanie spent three years in private industry in a Director of Finance role before returning to Welch LLP in 2008 as a Manager. Melanie became a Partner of the firm in 2011. Contact Melanie at mnash@welch.on.ca or go to www.welchllp.com…