How This Pharmacist Saved 50% of His Income & Is Building a Life of Freedom

How This Pharmacist Saved 50% of His Income & Is Building a Life of Freedom

In this episode of the YFP Podcast, Tim Ulbrich sits down with Dr. Peyton Gilbert—a pharmacist, entrepreneur, and small-business owner whose story is a masterclass in intentional living. Peyton shares how he and his wife saved and invested over 50% of their income early in their careers, the mindset shift that allowed them to build a strong financial foundation, and how living “like a resident” created flexibility for major life decisions.

We also dig into:
• How his mother’s cancer diagnosis shaped his career path
• His transition from family business to pharmacy school—and back again
• Buying a home in a high-rate environment (and what he learned from the process)
• Managing a growing family business while working full-time in industry
• What it means to live a “rich life” today—not in 20 years

✔️ Mentioned on the Show
• (Book) So Good They Can’t Ignore You by Cal Newport
• (Book) The Millionaire Next Door by Dr. Tom Stanley
• (Book) Die With Zero by Bill Perkins
• First Horizon
• White Coat Investor
• Your Financial Pharmacist: https://yourfinancialpharmacist.com/
• Book a Free Discovery Call with YFP: https://yourfinancialpharmacist.com/d...

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▶️ Chapters
00:00 Introduction and Welcome
00:39 Peyton's Background and Family Life
01:17 Journey to Pharmacy and Entrepreneurship
02:06 Impact of Family and Career Choices
03:12 Balancing Family and Career
11:40 Financial Strategies and Sacrifices
27:02 Home Purchase Decision
28:51 Understanding the Use Asset Concept
29:14 Strategizing Home Purchase and Mortgage
29:55 Evaluating Loan Options and Making Decisions
31:51 Balancing Financial Conservatism and Risk
32:51 Forward Thinking and Tax Strategy
34:47 Affordability and Long-Term Planning
37:26 The Family Business Journey
42:44 Competing and Growing in the Market
45:02 Future Growth and Strategic Planning
50:37 The Deeper Why and Personal Fulfillment
56:51 Conclusion and Final Thoughts