Episode 58: Women, Money and Medicine - Smart Strategies for Women in Medicine with Ashaunda Davis

In this episode, we break the silence around money and the emotional weight it carries, especially for high-achieving women. We explore the cycle of financial ups and downs, the shame tied to money missteps, and the importance of shifting mindsets for long-term success. Tune in as we discuss the power of financial accountability, the impact of deep-seated beliefs, and the steps to gaining confidence and control over your finances. 

 

Key Takeaways:  

If You Don’t See It, Be It – When the guidance you need isn’t available, you have the power to create it. Too often, financial spaces overlook women, especially Black women, leaving them unheard and underserved. But instead of accepting the gap, we can fill it—becoming the advisors, mentors, and leaders we once searched for.  

Breaking Free from Limiting Beliefs – Money stress isn’t just about debt—it’s shaped by workplace inequities, family pressures, and childhood messages about wealth. Many women carry silent burdens, but true financial freedom begins with shifting the mindset, challenging old beliefs, and claiming what we deserve. 

Turning Income into Lasting Wealth – Generational financial trauma is real, but we can’t stay stuck in it. High earnings don’t equal wealth—they’re just a tool for building it. True financial success starts with mindset: recognizing limiting beliefs, leaning into empowering ones, and making intentional choices that turn income into lasting wealth. 

Why Talking About Money Matters - Money shame is real, even for high-achieving professionals, but staying silent only gives it more power. Like mental health, normalizing financial conversations helps break free from guilt and fear. True wealth starts with reshaping beliefs, asking the right questions, and gaining the confidence to take control of your finances. 

Taking Control of Your Wealth Starts with Your Mindset - True empowerment comes from realizing that while we can't control everything, we can control our mindset, learning, and the people we surround ourselves with. Growth happens when we engage in the right conversations with those who genuinely want to see us win—whether in life, business, or finances. 

 

Helpful Resources:  

• Building Wealth with Smart Investments –  Wealth isn’t about appearances; it’s about strategy. Maximize your 401(k), explore solo plans if self-employed, and balance risk with secure investments. Wealth isn’t just about earning—it’s about making strategic moves that secure your future. 

• The Purposeful Spending Plan – A Purposeful Spending Plan (PSP) ensures that your money works for you, not the other way around. It’s not about restriction—it’s about balance. Too often, high earners find themselves living paycheck to paycheck because income alone doesn’t create wealth—intentional money management does.  

• Why Financial Checkups Matter - Financial well-being is a key part of overall wellness, just like physical and mental health. We schedule regular doctor visits, yet many avoid financial checkups due to fear, shame, or the belief that high earners should automatically be good with money. But money management is about habits, not income. 

 

Follow Ashuanda on Social media 

Website: https://www.ashaundadavis.com 

Facebook: https://www.facebook.com/ashaundad 

LinkedIn: https://www.linkedin.com/in/ashaundad 

Email: [e-mail] 

 

About Ashuanda Davis 

Ashaunda is a Wealth Strategist, Financial Advisor, and Coach dedicated to helping White Coat and White Collar professionals turn their income into lasting wealth. Passionate about simplifying complex financial challenges, she empo