Category Archives: Financial Education

Episode 21: Don’t Wallow in Gloominess, with Karen E. Arscott, D.O., M.Sc.



Karen Arscott graduated from The Philadelphia College of Osteopathic Medicine and is Board Certified in Neuromuscular Medicine. Dr. Arscott had a private practice in Clarks Summit, Pennsylvania. From February 2004 through September 2012, she held the position of Program Director for the Physician Assistant Program at Marywood University. Since 2008 she has been a leader with the Northeast/Central Pennsylvania Interprofessional Education Coalition. Serving as Scranton Regional director and since 2014 as Chair of the coalition. In October 2012 Dr. Arscott was appointed to a full-time position as Associate Professor in Medicine at The Commonwealth Medical College (TCMC).

She has presented nationally and internationally on interprofessional education in addition to scholarly publications in medical education. In addition to her position at TCMC Dr. Arscott taught the Addiction and the Family segment for the Student Assistance Program in Lackawanna and Wayne counties for 5 years. From 2005 until 2010 she organized and ran Parent Forums in Abington Heights to help families touched by addiction. She is a delegate to the Pennsylvania Osteopathic Medical Association and is a Pennsylvania delegate to the American Osteopathic Association House of Delegates.

Dr. Arscott has been named a Patient Representative on the FDA Oncologic Drugs Advisory Committee; she has spoken on behalf of cancer patients to The Engelberg Center for Health Care Reform at The Brookings Institute in Washington, D.C., as well as at the Radiologic Society of North America conference. Dr. Arscott is a member of the Integration Panel for the Congressionally Directed Medical Research Program Lung Cancer Research Program. She was a member of the Meals on Wheels of NEPA Board of Directors (6 years – serving as Chair, Vice-Chair, and Secretary), is co-chair of the PA Lung a division of Lung Cancer Alliance, was added to the Medical and Professional Board of Lung Cancer Alliance, was named Northeast Woman in June 2008, and received the Marywood Alumni Award for Excellence in Health and Human Services in June 2011.

In 2015 the students at TCMC nominated and voted her the recipient of the Leonard Tow Humanism in Medicine Faculty Award and she was inducted into the The Arnold P. Gold Foundation. She honored with the TCMC S.T.A.R. award in June 2016. Dr. Arscott resides in Waverly with her husband, James T. Arscott, D.O. and granddaughter Sophia.

What you’ll learn about in this episode:

  • How Karen knew she wanted to practice medicine from a very early age
  • Why she became a doctor when most women entering the medical field became nurses
  • What the environment was like for Karen in medical school
  • How Karen met her husband (also a doctor) who she married before medical school
  • How she and her husband juggled 110 combined hours of work a week while having two kids
  • Karen’s experience with lung cancer as a non-smoker
  • The research that needs to but isn’t because of an inaccurate stigma about lung cancer
  • Why she didn’t realize she was poor growing up
  • How Karen’s parents instilled her work-hard mentality in her growing up
  • Her early job as a waitress to pay for her education and the valuable lifelong lessons she learned in that job
  • Why wanting to give her family what they want (not need) has a been a financial challenge
  • Why Karen and her husband put their kids through private school
  • Why appearing wealthy makes Karen uncomfortable

Ways to contact Karen:


Episode 20: You Don’t Retire — You Rewire, with Robin Koval



Robin Koval is the CEO and President of Truth Initiative, the national public health organization dedicated to achieving a culture where all youth and young adults reject tobacco.

A leader in the world of advertising and marketing, and a New York Times best-selling author, Koval joined the organization in 2013. She re-launched its award-winning and life-saving truth® youth tobacco prevention campaign and refocused its world-class research and activism programs to speak, seek and spread the truth about tobacco. The truth campaign has been voted one of the most influential campaigns of the 21st century and has been named a 2015 most effective brand of the year, best PR campaign of the year, along with numerous other awards. More importantly, with the help of the truth campaign youth cigarette smoking rates have declined from 23% in 2000 to an all-time low in 2015 of 7%!

Koval has deep roots in advertising and marketing. A co-founder and CEO of the Kaplan Thaler Group, she grew that company from a fledgling start-up in 1997 to a billion-dollar agency working with Procter & Gamble, Pfizer, Aflac and other cherished brands. She led the agency’s integration with Publicis and was named CEO of the 700-person agency, Publicis Kaplan Thaler, which she led prior to joining Truth Initiative.

She and Linda Kaplan Thaler are co-authors of several best-selling books. Their most recent book is Grit to Great: How Perseverance, Passion and Pluck Take You from Ordinary to Extraordinary.

What you’ll learn about in this episode:

  • Robin’s work getting young people to realize the dangers of smoking
  • How Robin met Linda Kaplan Thaler and why they started their own agency
  • How their agency grew from 6 people to over 700 employees and retained what was important about it
  • Why Robin and Linda wrote “Grit to Great”
  • The lessons about money Robin learned as a kid — including using her school savings account
  • What Robin learned from her working mom (who she believes would have been a CFO if she was born in a different era)
  • How Robin financed her own college education
  • The best and worst financial decisions she ever made
  • Why Robin believes “You don’t retire — you rewire”
  • What makes her very proud looking back
  • Why multitasking is a lie
  • Influential women in Robin’s life

Ways to contact Robin:


Episode 19: When Are You the Most Creative?, with Michele Stuart



Michele S. Stuart, PMP, has performed management improvement, cost reduction, systems and statistical analysis for over 35 years. With a Masters degree in Industrial Engineering and Operations Research from Virginia Tech, Michele has an extensive background in project management, business process re-engineering, productivity and methods improvement, workspace/warehouse layout and redesign, inventory control, and staffing, scheduling and routing improvement.

She is President and founder of Efficiency Engineers, a consulting firm specializing in Business Optimization through Industrial Engineering and Information Technology formed in 1994.

What you’ll learn about in this episode:

  • Michele’s recent Entrepreneur of the Year award given to her by the Society of Women Engineers, a global professional society representing 43 countries
  • How Michele decided to become an engineer as a kid, even when it was a very uncommon career choice for women
  • Talks Michele gives to get children interested in engineering
  • How she chose industrial engineering
  • How engineering has changed for women from when Michele started to today
  • Michele’s virtual company: how she created it and how she manages it
  • The unique question Michele asks people before hiring them
  • Why Michele’s only lost two employees in 22 years
  • What Michele learned as a “military brat” and why she loved growing up that way
  • What she learned about value over cost as a kid
  • How Michele’s parents treated allowance and the lessons she learned because of that
  • Why starting her business was the best and worst financial decision Michele ever made
  • How Michele and her husband have shared the load throughout her life
  • Why Michele has thought more about retirement in the last year than she ever has
  • The Biology teacher that was a huge influence in Michele’s life

Ways to contact Michele:


Episode 18: There Are Season in Every Aspect of Life, with Carrie Hartunian Smith



Carrie Hartunian works with business owners and entrepreneurs to develop accelerated growth strategies in highly competitive industries. She creates and executes strategic growth plans, directing integrations and marketing automation, as well as manages projects and establishes benchmarks for success. Her expertise in fostering winning cultures, increased productivity, and reducing costs in mission-driven environments are just a few of her recognized talents as a talented and accomplished leader.

What you’ll learn about in this episode:

  • Carrie’s transition from entrepreneur to employee and back to entrepreneur
  • Carrie’s love for making a difference in people’s lives
  • How she tracks progress with her clients by tracking small wins and looking at the big picture
  • Carrie’s life growing up and her family’s big move from Connecticut to Arizona in the 70s
  • Carrie’s first real job as a hostess at age 14 and getting into retail during her home-ec classes
  • How Carrie realized she didn’t have to be good at school to be good at life
  • Carrie’s very unique first memory of money (underneath a water bed!)
  • The time when Carrie worked with her dad
  • How she deals with whatever threatens her financial security
  • Financial mistakes Carrie has made in the past
  • What Carrie’s future looks like, financial and otherwise
  • Carrie’s bad luck with the market

Ways to contact Carrie:


Episode 17: Be Patient with the Process, with Dr. Eliza Chin



Dr. Eliza Chin is an Assistant Clinical Professor of Medicine at UCSF. She has been actively involved in AMWA for over a decade, serving as President during AMWA’s 95th Anniversary Year. She has a particular interest in the history of women in medicine and the stories of women physicians during all stages of their careers. She is the author of, This Side of Doctoring: Reflections from Women in Medicine. Working with and collaborating with women physicians leaders is her passion and she is honored to be AMWA’s Executive Director, to serve the organization that has provided her with so much support. Dr. Chin is a graduate of UC Berkeley, Harvard Medical School, and Columbia University, Mailman School of Public Health. She was Assistant Professor of Medicine at Columbia for many years before relocating to California where she continues to teach medical students and practice medicine part-time.

What you’ll learn about in this episode:

  • What inspired her to become a physician
  • Dr. Chin’s passion for teaching
  • Why Dr. Chin tells young physicians (and future physicians) to choose wisely
  • Why it’s important to be patient with the process and not seek instant gratification
  • Why success looks different for everyone
  • The challenges of being completely present in every aspect of life — and why you have to be a hero to your loved ones
  • The wonderful Mother’s Day card she received from her daughter
  • Why Dr. Chin doesn’t think she will ever completely retire (and why that’s increasingly more common)
  • What Dr. Chin learned from her mother
  • How Dr. Chin takes care of herself
  • Why young women need to think about their finances really early on

Resources:

Part 1 of our interview with Dr. Chin is available here.


Episode 16: Balancing Career and Family, with Dr. Eliza Chin



Dr. Eliza Chin is an Assistant Clinical Professor of Medicine at UCSF. She has been actively involved in AMWA for over a decade, serving as President during AMWA’s 95th Anniversary Year. She has a particular interest in the history of women in medicine and the stories of women physicians during all stages of their careers. She is the author of, This Side of Doctoring: Reflections from Women in Medicine. Working with and collaborating with women physicians leaders is her passion and she is honored to be AMWA’s Executive Director, to serve the organization that has provided her with so much support. Dr. Chin is a graduate of UC Berkeley, Harvard Medical School, and Columbia University, Mailman School of Public Health. She was Assistant Professor of Medicine at Columbia for many years before relocating to California where she continues to teach medical students and practice medicine part-time.

What you’ll learn about in this episode:

  • How Dr. Chin is able to practice medicine part-time and balance everything else in her life
  • The different phases of Dr. Chin’s life where different aspects of her life were her main focus
  • Why Dr. Chin brought her kids to work — and how that impacted the lives of her children and her patients
  • The niche of medicine that she practices and the challenges and rewards that come with that niche
  • What it’s like working with patients at the end of their lives
  • The most memorable stories she learned from her elderly patients
  • Getting past feeling overwhelmed after the birth of her second child
  • Dr. Chin’s book “This Side of Doctoring: Reflections from Women in Medicine”
  • Why she decided — for a brief period of time — to take some time to be a stay at home mom
  • Why Dr. Chin moved around based on opportunities for her husband’s career (he’s also a physician) and why that was more than okay with her
  • Why she would love to move back to New York

Resources:

Part 2 of our interview with Dr. Chin will air on 11/16/2016.


Episode 15: Have a Long-Term Financial Plan, with Dr. Devona Williams



Dr. Devona Williams founded Goeins-Williams Associates, Inc., (GWA) a successful performance consulting business in 1986 to help organizations achieve greater productivity in strategic work environments. As President/CEO of GWA, Dr. Williams has contributed her talents to helping more than 50000 individuals in hundreds of organizations increase their performance and effectiveness. GWA focuses on People, Process and Performance™ and works with clients to develop solutions to meet organizational and individual objectives and achieve lasting results.

Williams is a frequent keynote speaker on business, diversity, leadership, motivation, and success willfully shares her philosophy strategies for overcoming obstacles in her career and personal challenges to live her dreams and deliver content to motivate and inspire others. Dr. Devona is author of The Intentional Consultant: How to grow a sustainable consulting business, and contributing author to the inspirational book, Remarkable Women and creator of the national best selling Spice of Life® Diversity Card training tool.

What you’ll learn about in this episode:

  • How Devona has sustained her business for as long as she has
  • How Devona made the leap from being an employee to starting her own business
  • The services Devona’s business provides
  • Devona’s book
  • How Devona’s business survived 2008
  • What life was like growing up for Devona and how her entrepreneurial spirit was born in those days
  • How Devona earned and spent money as a child
  • Strategies for increasing the value of your assets long term
  • Marriage, having a child, divorce, and other defining moments in Devona’s life
  • What Devona learned as an executor for her mom’s estate
  • Why Devona doesn’t see herself retiring completely but is looking at making changes in the next couple years

Ways to contact Devona:


Episode 14: You Need To Be 101% Committed, with Dr. Nichole Danova



Dr. Nichole Danova attended Michigan State University where she completed her Doctoral Veterinary Medicine degree in 2000. She completed an internship with an emphasis in surgery at North Carolina State University. Dr. Danova then spent one year as a surgical research fellow in the Comparative Orthopaedic Research Laboratory at the University of Wisconsin, and remained to complete a three-year Small Animal Surgical Residency.

Dr. Danova was a staff surgeon in multi-specialty practices in Bloomfield Hills, Michigan and the Philadelphia area before joining a referral hospital in Northeastern Pennsylvania as a surgeon, veterinary director and chief operating officer in July, 2008. In December 2009, Dr. Danova established the Veterinary Surgical Center. VSC quickly grew and was expanded into the Veterinary Referral and Emergency Center, which opened in South Abington Twp., Pennsylvania in May, 2010.

What you’ll learn about in this episode:

  • Why Nichole is very proud of her veterinary hospital
  • The story of how Nichole won her Porsche in a raffle (and named it Lola)
  • Why people will be there when you need them if you’re there when they need you
  • How Nichole learned as a kid that the world revolved around money and the decisions she’s made in her life because she learned that
  • Why Nichole decided to be 101% committed to becoming a surgeon
  • Why she chose to work with animals instead of humans and where the passion for surgery came from
  • Nichole’s experiences losing money on real estate and men
  • Why starting her own business was the best financial decision Nichole ever made
  • Why if you pick the right people and do good work — everything else will follow
  • How Nichole decided she needed and ultimately found the people she needed for the business side of her business
  • Situations that Nichole has run into when hiring
  • The influential women in Nichole’s life
  • Why Nichole absolutely sees retirement in her future — and what she thinks that will look like
  • What keeps Nichole busy outside the day-to-day of her hospital
  • What Nichole does to protect her future

Ways to contact Nichole:


Episode 13: You Can’t Have It All At the Same Time, with Jennifer Maffei



Jennifer Maffei is the Founder & President of VEA Services, LLC. Her mission is to help Executives to get their time back.

Jennifer comes from a unique perspective. She has both owned businesses, and had been an Executive Assistant at Fortune 500 Companies – overseeing and coaching multiple Assistants.

Over the years, Jennifer saw that there was a disconnect between the Executive and Assistant relationship. There were many seminars to go to, but no one was working with both the Executive and the Assistant to find out what their actual needs and styles were and then coaching both parties to work better together. Not in a generic form, but specific to their situation.

Jennifer has changed all that.

In 2014 she founded VEA Services to work with both the Executive and their Assistants. Coaching them to work better together and Maximize the Executive and Assistant Relationship. Also working with Executives who have never used an Assistant before and then helping them to identify their specific needs and coaching them on how to manage their new Assistant correctly.

In addition, Jennifer travels the country educating Executive peer groups on the need to reclaim their time back and how to work with an Assistant to maximize their effectiveness. Moving from Vancouver, Canada to the United States in 2004, Jennifer now resides with her family in the San Francisco Bay Area.

What you’ll learn about in this episode:

  • Gaining three bonus months a year by delegating two hours of tasks a day
  • Why you shouldn’t fall into the trap of thinking you’re the best person to do everything
  • Why batching time is a fantastic strategy
  • Jennifer’s first jobs
  • How Jennifer did two years of college in nine months
  • Jennifer and her ex-husband’s decision to build their own house in their mid 20s, how they then flipped the house, and how they repeated the process over and over
  • The story of her move to the US
  • Why she decided to get back into the Executive Assistant business instead of going into real estate
  • Jennifer’s six years with Williams-Sonoma
  • How she tore — completely tore — her back and the three year recovery from that injury
  • How VEA Services was born
  • Why divorce was the most threatening thing to Jennifer’s financial security
  • Why Jennifer doesn’t want to scale too quickly yet sees a massive growth in the future
  • Why Jennifer and her husband (the love of her life — not the ex) were evicted from the home they were leasing and then bought a dream house when it was very cheap
  • Jennifer and her husband’s financial goals for the future
  • How she’s managed to maintain a healthy balance while learning at home
  • Why retirement isn’t really something Jennifer sees in her future
  • Why Jennifer’s first corporate boss was the most influential woman in her life

Ways to contact Jennifer:


Episode 12: My Career is a Piece of Who I Am, with Dr. Marcie Beigel



Dr. Marcie Beigel has redesigned behavior for professionals, families, schools, and businesses for close to 20 years. Her specialty is engaging with behaviors directly and giving clear and insightful directives to clients who are oftentimes business owners looking for balance at home to help create balance at work or new approaches to become better leaders. Her approach is heartfelt, but filled with tough love. You can get her weekly behavior newsletter at BehaviorAndBeyond.net. Dr. Marcie is also featured on NBCs Parenting Toolkit. Her upcoming book, “Love Your Classroom Again,” is filled with actionable strategies to manage behavior, is out this fall.

What you’ll learn about in this episode:

  • Dr. Marcie’s new book, “Love Your Classroom Again”
  • Craniosacral therapy and other things that she does for fun
  • Where Dr. Marcie’s desire to get into behavior analysis and special education came from
  • What she learned through her own challenges as a student
  • What Dr. Marcie does in her private practice where she comes into the homes of the families she serves
  • The four categories that all behavior problems fall into
  • How Dr. Marcie works with businesses on behavior
  • How she divvies up her time between families, schools, and businesses
  • Dr. Marcie’s life growing up and her first memory around money
  • The times when Dr. Marcie’s clientele vanished and how she battled through those tough times
  • The three most defining moments in her life
  • Why Dr. Marcie can’t see retirement in her future
  • Why she wants her financial future to be better than she could ever dream
  • Using what she knows from her career in her personal life
  • The relationship between Dr. Marcie and her mom
  • Why she delegates investing to her dad

Ways to contact Dr. Marcie: