00:00:00 Host Nate Crannell welcomes doctors Dayo and Modupe Adeyefa, an anesthesiologist and breast radiologist respectively, based in Houston. The Adeyefas share their experiences of balancing their medical careers with raising a family and maintaining their faith. They both graduated from medical school over a decade ago and have four children. They joke about not realizing the responsibilities that came with having a large family while pursuing their demanding careers. They got married right after medical school and started having kids a few years later. Dayo shares a story about having a child during her residency, which was an unexpected pregnancy, and the challenges she faced in balancing her work and family life. Despite the difficulties, they emphasize the importance of prioritizing family and faith over their careers.

00:05:00 The speakers reflect on their experiences raising children while being residents, emphasizing the importance of family support during that time. They describe how they lacked money but were rich in family resources, with both sets of grandparents and other family members helping out with childcare. The speakers express their gratitude for this support and acknowledge that they couldn't have done it alone. They also mention that as their children have grown older, they have offered to return the favor by having their older children babysit their younger relatives. The speakers, who each have four siblings, also share their backgrounds, with their families originating from Nigeria and their fathers immigrating to the United States in the late 70s and early 80s.

00:10:00 In this section, the speakers share their personal backgrounds and how their immigrant parents' professional aspirations influenced their own careers in medicine. Both speakers were born in different countries but moved to the United States when they were young. Their fathers, who were professionals in their respective fields in their home countries, faced economic challenges that led them to pursue new opportunities in America. The speakers' parents' determination and dedication to their professions inspired them to follow in their footsteps. The speakers met in college and have been together since then. Their fathers' impact on their lives has been profound, shaping their choices and leading them to pursue careers in medicine.

00:15:00 The conversation revolves around the impact of being doctors on their children's lives and aspirations. The speakers express that their kids, being surrounded by medicine due to their family background, have shown interest in becoming doctors. However, they acknowledge the need to expose their children to other fields as well. The speakers also share their experiences of financial struggles during medical school and residency, revealing a negative net worth in the six figures. Despite the challenges, they reassure each other and their listeners that they will be fine.

00:20:00 The couple shares their financial struggles early in their marriage, including significant debt and student loans. They emphasize the importance of having a plan and a long-term perspective to tackle their debt and save for future goals. The decision to stay in their starter home during residency was part of their plan, as they focused on paying off debt, building an emergency fund, and saving for a larger home. The couple's strong faith played a role in their financial stewardship, and they saw their possessions as gifts to be managed responsibly, including their children and their eventual home. Their motivation to execute the plan came from a desire to be good stewards and to provide for their family's future.

00:25:00 In this section of the podcast episode "Prioritizing Family & Faith Over The Physician Grind” with The Adeyefa Family, the couple discusses their values as good stewards, focusing on financial responsibility and being debt-free. They share their experiences of paying off their student loans and saving for their family and children's future. They emphasize the importance of being good stewards of their earnings, not just their money, but also their talents and time. The couple's financial discipline was driven by the weight of their debt and the desire to provide for their family without worrying about what they owe. They also mention the importance of career planning and how their career paths led them to maximize their opportunities for financial growth, despite the challenges and sacrifices along the way.

00:30:00 The couple discusses a pivotal moment in their lives when they re-evaluated their priorities, particularly regarding work and family. The wife, who had been working fewer hours than her husband, realized they no longer needed to work as hard as before due to their financial goals being met and their debt being paid off. Additionally, her husband's role as a lead pastor at their church required long hours and frequent availability. As a result, they had an honest conversation about prioritizing their time and resources, leading the husband to step back from his work to spend more time at home with their family. This change allowed them to balance their responsibilities and enjoy more quality time together.

00:35:00 Dr. Dayo Adeyefa discusses his and his wife’s decision for one partner to take a step back from their professional career to manage domestic responsibilities and be more present for their children. The wife, who was previously the primary caregiver during the children's early years, now works part-time from home, allowing the husband to take on more domestic tasks and be more involved in the children's lives. They share that this arrangement has reduced their stress levels and allowed them to be more present for their children. The couple acknowledges the privilege of having a dual income household and the importance of communication and flexibility in managing their finances. They also reflect on how this arrangement has strengthened their marriage by allowing both partners to prioritize their roles based on the season of life they are in.

00:40:00 The couple discusses the impact of the husband's reduced work hours on their family life and marriage. The wife shares how his increased presence at home has allowed her to be less stressed and more emotionally available to their children. She expresses her gratitude for being able to pick up her kids from school and be involved in their daily lives, which was a rare occurrence in the past due to his long work hours. The husband acknowledges the stressful last 10 years of raising children while working long hours and the lack of predictability in his schedule. With his new work hours, they now have more predictability and consistency in their family life, which has led to a decrease in stress for the wife and an overall improvement in their marriage.

00:45:00 In this section, Dr. Dayo Adeyefa shares how he and his wife have gained more flexibility in their schedules since he became independent, allowing them to prioritize family time and plan vacations together. He recalls a conversation with his mother about taking a month off work, which was previously unimaginable due to their busy schedules. Now, with more control over his schedule, they have planned a vacation during Thanksgiving week. The speaker emphasizes that while money can buy some aspects of this new lifestyle, the real value comes from their priority on family and being present for their children during their young adulthood. He encourages anyone considering a similar change to explore the opportunities available, such as having a supportive spouse with benefits or obtaining insurance through the marketplace.

00:50:00 The speakers discuss the financial disadvantages of being high-income W2 employees, specifically in the medical field. They mention the exorbitant taxes they pay and how they have been managing their tax burden through charitable giving. The speakers also consider the possibility of transitioning to a 1099 contractor role to save on taxes, but acknowledge the challenges for breast radiologists due to the requirement of being on-site for procedures. They also discuss the potential for traveling together for work. Despite the appeal of reducing taxes, one speaker expresses no immediate plans to leave their current job.

00:55:00 In this section, they discuss the strong influence of the Adeyefa family's faith in God on their lives and work as medical professionals. The speakers, who are both doctors and lead Pastors in their church, explain that their upbringing in Christian homes and observing their parents' faith has significantly impacted their ability to empathize and practice what they preach in their medical practice. They believe that their faith affects how they treat patients and staff, viewing everyone as equal in the eyes of God and deserving of dignity and value. The speakers also emphasize the concept of grace, which they believe informs their interactions with people regardless of their beliefs. Overall, their faith shapes their approach to work and life, aiming for integrity and consistency between their faith and professional roles.