Ep 62: Financial Freedom for Occupational Therapists with Doug Vestal
Financial Freedom for Occupational Therapists with Doug Vestal
As occupational therapists, our primary goal is to help and be in service of others. But to do that, we often undervalue our services, leaving us underpaid, undervalued, and on the road to burnout. Fortunately, it doesn’t have to be that way. Doug Vestal joins me on the podcast today to talk about all things financial freedom for occupational therapists. While he is not an OT himself, he has been a pivotal figure in the OT community, especially in advocating for financial literacy. Doug shares his expert knowledge today as we discuss how understanding policies, creating financial security, and managing a private pay practice can transform the way practitioners approach both their personal and professional lives. That’s why this week on The Amplify OT Podcast, I am talking about financial freedom for OTs!
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In this episode, Doug and I cover:
- How Doug’s book, Financial Freedom for OTs, differs from traditional wealth-building resources.
- The importance of financial freedom in creating choices for your life.
- Insights into loan repayment programs and their influence on career choices.
- Understanding the business side of healthcare and how insurance impacts OT salaries.
- The significance of valuing your services and setting appropriate fees.
- How OTs can focus on meaningful occupations while building economically sustainable practices.
Tune in for a conversation that challenges the conventional narrative around healthcare finances and offers practical solutions for building a thriving OT practice. Whether you're interested in private practice or simply looking to take control of your personal finances, this episode offers valuable insights for every OT professional.
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