Twenty Reasons to Pay Off Your Home Mortgage

Personal debt is a topic that lends itself to many disagreements. There is the argument about “good” debt and “bad” debt, which is ridiculous since every debt is a burden. “Good” debt is akin to wearing your cleanest dirty shirt. If given the choice between inheriting a house that has “good” debt (a mortgage), or … Read more

Six Defining Moments in a Physician’s Life

(Are you interested in learning about real estate investing or becoming financially free? Join me at the Physician Freedom Summit 2025, October 6-8, in Los Angeles. I will be speaking on purchasing property with no money down, which is how I started investing in real estate.) There are many forks in the road of life. … Read more

What Age Should Physicians Retire?

(The photo with this article is the view I have as I write this from a timeshare resort in Escondido, California. I couldn’t travel as much if I was still working.) I’m a physician who retired from medicine early, based on most people’s thinking. But at what age is retirement early? The Social Security department … Read more

Dump These Money Myths Immediately

There are many misconceptions about money and money principles floating around. Most of the time when someone contacts me for help with their finances, there is a financial principle they are not using, or they have fallen prey to a myth that is hurting their family. Some myths are perpetuated by those who would like … Read more

What Happens When We Believe We Have Enough Money

(Keep an eye out for my upcoming book The Doctors Guide to Finding Joy in Your Work, coming March 11th on Amazon. We can all use a little more joy in our lives and this book will help attain it.) Money is a lot like oxygen. When we have enough, we don’t think about it. When we feel we do not have enough, we can’t stop … Read more

2024 Year End Financial Tasks

As another year ends, there are a few tasks we should all consider completing.  Some of the tasks have penalties assessed if they are not completed on time and others just lead to a lost opportunity if the deadline is missed. I missed a big opportunity the year I retired when I didn’t realize my … Read more