This month marks three years since I turned in my beeper and walked out of the hospital to the song 18 wheels and a dozen roses, by Kathy Mattea. It was a bit scary to give up surgery at age 54, hoping we had enough money saved to meet our needs for the rest of … Read more
(Today’s guest post comes from my friend Ryan Inman of Physician Wealth Services. You may know him from his Financial Residency Podcast. There are two types of fee only financial advisors: Flat Fee and Assets Under Management. My preference is for the flat fee advisor, and Ryan is one of those. If you need to … Read more
With the start of the new decade I am making some needed updates to my financial coaching/author business. The biggest change is the new brand and address where you will find me on the web. Up until now I have used my name, Dr. Cory S. Fawcett, for all of my social media links. Financial … Read more
In my recent book, The Doctors Guide to Real Estate Investing for Busy Professionals, I give a detailed explanation about how I was able to buy investment property with no money down. Questions came up about what is the optimum down payment for an investment property. Since my goal in acquiring property was to put it into my portfolio for the least acquisition cost, I didn’t calculate its optimal down … Read more
(I have used music as an outlet for my stress since I was a kid. My friend, Dr. Kevin Teagle, does as well. Since his guitar playing is on a much higher level than mine, when I’m playing a gig and want to sound better, asking Kevin to join in does the trick. The picture … Read more
This holiday season had a more somber tone than usual for us. My wife’s father, Ken Nordling, passed away the day after Christmas, two days before his 88th birthday. This marks the first parent we have lost and the first time we were directly involved with planning a burial and memorial service. I didn’t realize … Read more
Americans have a big financial problem according to a recent government study. In one of the most prosperous nations on earth: 40% of us can’t afford a $400 unexpected expense, 20% can’t pay all the bills in full this month, a quarter skipped seeing a physician due to lack of funds, and 25% have nothing … Read more
(Doximity recently published this article of mine on setting up a local mission clinic. It originally appeared here, but some of you are not on Doximity so, with Doximity’s permission, I have republished it on my site for your reading pleasure) Many physicians would like to use their skills on the mission field, but have a … Read more
Americans do a lot of gift giving, especially at Christmas time. The majority of the gift giving is between friends and family. Too often the gifts end up in the garbage or in storage after a few months. Occasionally, there is a gift that really makes an impact. I want to tell you about one … Read more
Many years ago, debt was hard to get and was considered a dangerous and risky thing to have. Now it is so easy to come by, that possessing debt is almost universal. In fact, in 2008 the easy access to debt got our country into a bit of trouble, causing the housing crash. Today, if … Read more
