It’s amazing how frequently I cross paths with doctors who have never taken the time to actually assess where they stand financially. They tend to fall in a few categories; they never thought of it, they don’t want to know, or they feel they just don‘t have the time. When I work one-on-one with doctors … Read more
This week KevinMD published an article of mine about finding your ‘why’ in medicine. Below is a small section from the article. What was your “why?” Why did you become a physician? Why do you continue to practice medicine? Why have you not left medicine for another career? It is the answer to these questions … Read more
>Today the Physician on Fire did a very nice review of my book “The Doctors Guide to Starting Your Practice Right.” If you don’t already own this book, his summary may help you decide if the book is for you. You can read his review here. If you are still undecided, here is the test: … Read more
Cruising with Paul and Becky. Vacationing tends to be a very expensive item in a doctor’s spending plan. We work very hard and our time off is precious. Last week’s blog was about doctors needing more vacation time off when comparing to the average worker. So when we go on vacation, there are two things … Read more
This month America celebrates its independence. As a country, independence is true, but as individuals, many suffer in bondage. The need to “have it now” has led to such consumerism that debt has grown to unbelievable levels. It’s time to declare independence from debt. Debt bondage is not a new thing. Several thousand years ago … Read more
Most of the time when a doctor gets hired they are treated like the average worker when it comes to vacation time allotment. The CEO will think of the doctor’s time in the same fashion he or she thinks of their own time and the time of the other employees at the hospital. But we … Read more
I recently was asked about taking a low or no interest car loan and using the money they had earmarked for a car to instead invest for a higher return. This “I can get a better return” game is very common and can be a dangerous game to play. Often it is used as a … Read more
Fawcett Wedding. Before my wife and I got married, 28 years ago during my surgical internship, we were required to attend a pre-marital class. The class brought up many things for us to discuss ahead of the wedding date. The idea being, if you go into the marriage with expectations of each other that you … Read more
Canal in Greece. The Doctor Freedom Podcast recently interviewed me and we covered some issues about not digging deeper into debt. A large portion of the interview went into my experience in rental real estate. If you would like to hear the 30 min interview you can get it here.
Today the Physician on Fire published a piece I penned about my first venture into buying a car. My parents had provided a car for me up until then. It was my second year of residency and my old car, an Oldsmobile Delta 88 which my parents drove for many years before giving it to … Read more
