A Modern Christmas Carol

Almost everyone is familiar with the story of Ebenezer Scrooge in A Christmas Carol. I was thinking about that this year and thought Charles Dickens could have just as easily written about Ebenezer’s financial situation and had visits from the ghost of finance past (Debt), the ghost of finance present (Budget), and the ghost of … Read more

If It’s A Payment, It’s Debt

I am continually running into people who are confused as to what constitutes debt when we are doing a makeover with their spending plans. Wikipedia defines debt as money owed by one party, the borrower or debtor, to a second party, the lender or creditor I have clients who list out their accounts payable as … Read more

Three More Good Habits for Your Wealth

As a personal finance coach, I have learned that the most important aspect to wealth accumulation, is having good money habits. Good financial habits increase wealth which leads to a life of happiness, stability, and security. We were not born with any of our habits, we learned them along the way. That’s good news, because … Read more

Three Good Habits for Your Wealth

As a personal finance coach, I have learned that the most important aspect to wealth accumulation, is having good money habits. Good habits create good results and good results are what everyone wants. We were not born with any of our habits, we learned them somewhere along the way. That’s good news, because that means … Read more

Three More Bad Habits for Your Wealth

As a personal finance coach, I have found that the most detrimental aspect to wealth accumulation, is having bad money habits. Good habits create good results, and bad habits create bad results. You were not born with any of your habits, you learned them somewhere along the way. That means you can unlearn the bad … Read more

Three Bad Habits for Your Wealth

Dr. Cory S. Fawcett shooting bad habits As I work with people one-on-one as a high performance coach, I have found that the most important aspect to their wealth accumulation, is their habits. Good habits create good results, and bad habits create bad results. The good news is, habits are learned. You were not born … Read more

Travel While You Are Young

Taking Grandma on her dream trip. Many doctors have the dream of traveling the world. But this dream is constantly being postponed by various things that happen throughout our lives. We can’t travel now because of residency, after residency, then we can travel. We can’t travel now because of the new baby, when she goes … Read more

Do You Have a Ring Fund?

Our wedding rings I just returned from going on a weekend men’s retreat with my oldest son, Brian. We had a nice weekend together and my favorite part was the three hour drive each way. It gave us a chance to talk, which doesn’t happen as often as I’d like since he moved to his … Read more

When Should You Cancel Your Life Insurance?

Firefighters Lost on 9-11 I was recently asked the following question: When is the right time to cancel a life insurance policy? Previously I wrote a blog about how to calculate the right amount of life insurance to purchase. You can read it here. This information is also found in my book “The Doctors Guide … Read more