In this episode of the Veterinary Ledger Podcast, hosts Megan and Jharid welcome Eric Miller from Econologics Financial Advisors. They discuss the importance of financial planning for veterinary practice owners- focusing on acquiring, controlling, and expanding money. Eric outlines basic financial principles, the significance of having a financial plan, and the importance of veterinary practice as a primary investment. Key topics include: differentiating between constructive and destructive debt, managing student loans, and the strategic steps to take after a liquidity event. They also touch on the importance of creating diverse income sources and provide insights on avoiding common financial pitfalls. Eric highlights resources such as Econologics' services and two books designed to aid veterinarians in achieving financial success.