Why Many Doctors Live Paycheck to Paycheck
I was having a discussion with a colleague recently, and the conversation eventually turned toward finances. He informed me that if his home refinance didn’t go through, he would have difficulty in...
View ArticleBook Review: The Total Money Makeover
If there’s one thing I’ve never been accused of, it’s frivolous spending. Okay, that’s not completely true. I recently bought a membership to yoga (great intentions), but haven’t stepped foot in the...
View ArticleHow I Pay My Student Loans Using Passive Income
(The following is a Guest Post that can be found here on my friend Dr. Wise Money’s Blog.) As physicians, we’ve all felt the crushing weight of the almighty student loan. Some have felt it more than...
View ArticleThe 5 Most Important Money Lessons I Give My Residents
(This is a guest post found here on a fantastic, physician-run financial site, Future Proof M.D.) A large part of my job is teaching. In fact, every day I teach both residents and fellows. The subject...
View Article10 Reasons Residents Should Have a Financial Planner
[Editor’s Note: This is a guest post by Johanna Fox Turner, a Certified Financial Planner, CPA, and Founding Partner of Fox & Co. Wealth Management. She has been an active contributor to sites like...
View ArticleCan You Save for Retirement While Paying Off Student Loan Debt?
Today’s guest post comes from Ryan Inman of Physician Wealth Services. He tackles a common question that’s written all over forums and discussion boards. It’s not an easy one to answer, but he does a...
View ArticleLive Like a Resident
This Today’s Classic post is republished from The White Coat Investor. The original post can be found here. This simple concept is so important and fundamental that I mention it to every one of my...
View ArticleIs It Wise to Invest in Real Estate When You Have 6 Figure Student Loan Debt?
Today’s guest post comes from Ryan Inman of Physician Wealth Services and FinancialResidency.com. He is a financial advisor and a real estate investor, so I thought he’d be perfect to give his...
View Article4 Mistakes You’re Absolutely Making While Repaying Your Student Loan Debt
Today’s guest post is from Travis Hornsby who founded Student Loan Planner after helping his physician fiancée navigate ridiculously complex student loan repayment decisions. To date, he’s consulted on...
View ArticleHow My Children Will Pay For Their College
How to pay for our children’s education is a popular topic among our friends these days. Private vs Public school. State school vs private school, is it worth it? All of these things are up for...
View ArticleMoving The Goalposts – Attack of the Lifestyle Creep
Let’s face it, we’ve all had to delay gratification in our field. While my finance friends were buying nice cars and taking nice vacations, I was selling concert tickets to enjoy a nice meal from time...
View ArticleJournal Club 5-30-19
Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for...
View ArticleCan I Trust PSLF? Creating a PSLF Side Fund
“There’s no way you are old enough to be my doctor. Are you still in training? Does your momma know you’re here?” I’d be lying if I told you that I didn’t get these question most days at work....
View ArticleMake Hay While The Sun Shines
No doubt that personal finance is a personal journey. And while you’re on the path of best pursuit, you realize that your actions are the real reason you diverge. So what to do about it? White Coat...
View Article10 Things That Matter Most In Personal Finance
There are many factors that come into play when considering whether or not your personal finances are thriving or just barely surviving. Read on to learn what the top ten things that matter most in...
View ArticleJournal Club 1-30-20
Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for...
View ArticleWhat Doctors Should Care About in the CARES Act (the Coronavirus Relief Package)
On Friday, March 27th, 2020, Congress passed the Coronavirus Aid Relief and Economic Security (CARES) Act. It’s a $2 trillion bill intended to provide relief to multiple individuals and businesses...
View ArticleJournal Club 4-3-20
Every week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this week, so you don't have to. Here’s our...
View ArticleStudent Loan Advice: 7 Rules of Thumb
Student loan advice can be complicated. Should you refinance? Should you pursue PSLF? Here are 7 rules of thumb to help you sort it all out. Today’s Classic is republished from The Physician...
View ArticleLifestyle Inflation After The First Big Paycheck
Earning a high income creates what I call The Big Dilemma, caused by lifestyle inflation. This has befuddled high income earners for years. Today’s Classic is republished from The Physician...
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