Why Is Your Pharmacy Still Struggling with Cash Flow? ?? The DIR Fee Apocalypse might have passed, but cash flow issues are still a tough reality for many pharmacy owners. ?? Signs your cash flow needs attention: -You’re constantly stressed about paying bills -You’re not paying yourself a decent salary -Your staff is getting underpaid because there’s just not enough cash -You keep going further into debt just to stay afloat But here’s the good news: Dr. Lisa Faast is ready to help you regain control with her Pharmacy Cash Flow Challenge! ?? For only $97, you’ll get lifetime access to the challenge, plus 30 days of Pharmacy Badass University to jumpstart your path to financial stability. This holiday season, give yourself the gift of financial freedom — less stress, more profit, and a stronger pharmacy. ?? Sign up now and take the first step toward a healthier bottom line! ???? https://lnkd.in/eSAC_PKN #PharmacyCashFlow #PharmacyGrowth #FinancialFreedom #CashFlowChallenge #PharmacyOwner #PharmacyBadass #SmallBusinessSuccess

Why Is Your Pharmacy Still Struggling with Cash Flow? ?? The DIR Fee Apocalypse might have passed, but cash flow issues are still a tough reality for many pharmacy owners. ?? Signs your cash flow needs attention: -You’re constantly stressed about paying bills -You’re not paying yourself a decent salary -Your staff is getting underpaid because there’s just not enough cash -You keep going further into debt just to stay afloat But here’s the good news: Dr. Lisa Faast is ready to help you regain control with her Pharmacy Cash Flow Challenge! ?? For only $97, you’ll get lifetime access to the challenge, plus 30 days of Pharmacy Badass University to jumpstart your path to financial stability. This holiday season, give yourself the gift of financial freedom — less stress, more profit, and a stronger pharmacy. ?? Sign up now and take the first step toward a healthier bottom line! ???? https://lnkd.in/ebhWc-2F #PharmacyCashFlow #PharmacyGrowth #FinancialFreedom #CashFlowChallenge #PharmacyOwner #PharmacyBadass #SmallBusinessSuccess

Good for consumers - #creditreports

CFPB Proposes to Ban Medical Bills from Credit Reports https://lnkd.in/gJrTW3wR What are your thoughts? #frm #medicalbills #creditreport #medicalinsurance #revenuecyclemanagement

Brilliance and common sense in Professor Ge Bai’s Forbes article about the consequences of the ban on medical debts from credit reports! “Instead of suppressing symptoms, we should focus on treating the root causes—high healthcare prices and low personal income. Since the majority of patients with medical debts already have insurance, we should allow for low-premium insurance plans with flexible benefit designs, accompanied by direct cash transfers to high-risk-low-income patients. Additionally, improving price transparency and awareness of charity care would also ensure billing integrity and benefit patients.”

After finishing medical school, there is both income and debt to manage! What gets paid off first? And, what about savings? We're here to help make sense of your #financialplan #wealthcreation

Do you know how medical bills can impact your credit? Here's the highlights: ? Paid bills typically don't affect your credit ?? Unpaid bills that get sent to collections can negatively affect your score ?? There can be an up to 180-day grace period before medical debts go to collections While medical bills are a common part of life, their impact on your credit score isn't always clear. To learn more about how medical bills affect your credit, read the full blog post: (LINK) Help protect your credit: ?? Review bills for accuracy ?? Set up payment plans or negotiate ?? Monitor your credit report regularly Remember, understanding and proactively managing your medical expenses can help you maintain a healthy credit score. If you're facing challenges with medical debt, consider seeking advice from a Credit&Debt financial coach who can provide personalized guidance: https://lnkd.in/g5zp2Uxj Stay informed, stay proactive, and keep your credit health in check! ???? #CreditAndDebt #CreditHealth #MedicalBills #FinancialWellness

Finally! Consumer benefits and protection in this.

When debt-collections cases increase, more low-income folks need legal help. You can help support free legal services for Wisconsinites living at or below 125% of the federal poverty line by donating to WEJF - wejf.org/donate

This week is back to basics. Here are 5 steps to get you to the life you want. 1. Write down an incredibly specific goal. 2. Figure out your monthly cash flow. 3. Eliminate high rate debt. 4. Save 3 months of expenses. 5. Divide your cash flow into three buckets. Spending for today, saving for your goal and investing for the future. You’ll live with intention and with less stress. These steps are easier if you’re just starting out. If you’re like me and collected many expenses, it will take time to reset. It’s not easy at first, but it’s worth it. I’ll dive deeper into each of these steps this week. ————————————————————————— ?? Hi! I’m Mike, a pharmacist with a passion for financial wellness. If you enjoy content on how to protect and grow your money, please like, share and connect. #pharmacists #money #personalfinance #investing #saving P.s. Shout out to all newly licensed pharmacists!