Tim Baker, CFP® Your Financial Pharmacist

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About Tim Baker, CFP®

Your Financial Pharmacist was started in 2015 with a primary mission to help pharmacy professionals on their path towards achieving financial freedom.

Through his experience of paying off $200,000 in debt, Tim Ulbrich, PharmD (YFP CEO) quickly learned that many pharmacists were struggling with mounds of student loan debt and a feeling of being overwhelmed and living paycheck-to-paycheck despite having a six-figure income. This led him to create the Your Financial Pharmacist blog in 2015 to encourage a community of pharmacists and pharmacy students to live a life free of financial stressors.

In 2017, Tim teamed up with Tim Church PharmD (YFP CMO), to co-author Seven Figure Pharmacist: How to Maximize Your Income, Eliminate Debt and Create Wealth and he then eventually joined the team. Around that time, Tim Ulbrich met Tim Baker, CERTIFIED FINANCIAL PLANNER™ (YFP COO…that’s me!), who had been serving pharmacists by providing fee-only financial planning services. Together they created the Your Financial Pharmacist Podcast in July 2017, which now has over a quarter-million downloads.

In 2019, all three Tims joined forces merging the blog, podcast, book and financial planning firm under the Your Financial Pharmacist brand. The Tims also speak to pharmacy school and organization across the country and YFP is a strategic partner with the American Pharmacists Association (APhA).

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Recently Published

YFP 176: How Stephanie Got $72,000 Forgiven Through TEPSLF

October 29, 2020

How Stephanie Got $72,000 Forgiven Through TEPSLF Stephanie Hale shares her journey applying for and receiving Public Service Loan Forgiveness (PSLF). About Today’s Guest Stephanie Hale, Pharm.D., BCPS is a pharmacist for WellSpan Health System in south central Pennsylvania. She completed her pre-pharmacy studies at Rutgers University and the University of Maryland, Baltimore County. Stephanie

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YFP 175: How to Reduce Costs During the Residency Application Process

October 22, 2020

How to Reduce Costs During the Residency Application Process Sarah Cummins, a PGY2 Emergency Medicine Pharmacy Resident, joins Tim Ulbrich to talk about specific strategies to make the residency application process more affordable. About Today’s Guest Dr. Sarah Cummins is a PGY2 Emergency Medicine Pharmacy Resident at the University of California Davis Medical Center in

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YFP 174: How to Evaluate Employer Benefits During Open Enrollment

October 15, 2020

How to Evaluate Employer Benefits During Open Enrollment Tim Baker and Tim Ulbrich discuss how to best evaluate your employer benefits as you get ready to make selections during open enrollment.  Summary On this podcast episode Tim and Tim discuss open enrollment for pharmacists and how to evaluate employer benefits during this period. They discuss health,

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Ideal Clients

  • Business Owners
  • Gen Y/Millennials
  • Pharmacists
  • Student Loan Debt

Ways Advisor Charges

  • Monthly Fee
  • Quarterly Fee
  • Flat Fee
  • Hourly
  • Assets Under Management

Fee Options

  • Monthly Fee: $289+/mo
  • Quarterly Fee: $867+/qtr
  • Flat Fee: $3,468+/engagement
  • Hourly Fee: $150+/hr
  • AUM: 1.00%

 

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