The Importance of Financial Conversations

Art of Dental Finance and Management

In this episode of The Art of Dental Finance and Management podcast, Art speaks about the importance of having good communication about your finances. This includes open conversations regarding your philosophies about money, priorities, lifestyle, goals and living within your means to prevent debt. Talking points should include: · Earnings · Assets · Debt · Budget · Philosophies about money · Priorities · Retirement plans · Handling possible different life scenarios · Sharing expenses if finances are kept separate It’s important to work with a financial planner you both trust that will help you meet your goals and strengthen your financial future. Be sure you both attend the planning meetings and are involved in the discussions. Reach out to Art if you have any questions regarding dental finance and management for your dental practice. More information about the Eide Bailly dental team can be found at www.eidebailly.com/dentist. Being more strategic in all aspects of your dental practice will lead to increased profitability. https://www.eidebailly.com/industries/health-care/dentists#chatForm