Last week I talked about who should own a timeshare. If you are among those I was describing, then the following tips will be helpful to squeeze the most value out of your purchase. If you want even more tips and tricks for using your timeshare, pick up a copy of my best selling book, … Read more
Timeshares, for those who might not know, are a way to own the right to use a vacation resort. It comes in two forms, owning points or owning a specific room in a complex for a specific week. It’s like a partial ownership of a condo at a resort. These units can be traded for … Read more
Several years ago I had a discussion with one of my residents. He was telling me about how great it was to fly back to Portland to visit his girlfriend. The airplane flight was only 45 minutes and fairly inexpensive. This conversation got me thinking about travel and what mode of transportation is best for … Read more
Often a stay at home mom, like we have in our house, is not thought of as a contributor to wealth. Too often, only the person who “really” works and brings home an income is considered to be generating wealth. This is a case of incorrect thinking. The non-working spouse is a very big factor … Read more
I was recently asked what I thought was the number one problem that caused unhappiness in America. We are one of the most prosperous nations in history. You might think that with all that prosperity and wealth, Americans would be happy. Obviously wealth does not equal happiness. Many would argue that since America has a … Read more
Have you ever set a goal and not achieved it? I have. Many times. Often due to setting the goal in an ineffective manner. In order to set goals with the highest chance of success, we need to set S.M.A.R.T.E.R goals. Using this acronym to set goals will improve the odds of success. If the … Read more
Ever since I was a teenager, I was fascinated by finance. I ran my own businesses in my teens; yard care, piano lessons, multi-level marketing, and performed in a rock-n-roll band which I also managed. I have read many books about finance and wealth over the years. When people ask me about my favorite books, … Read more
Many doctors today find themselves living paycheck to paycheck. They make a good income but just never seem to get caught up. Non-doctors see us as rich. But many of us are just broke on a larger salary. The whole reason I began Prescription for Financial Success – Helping Healthcare Professionals Thrive, stemmed from a … Read more
Last year I wanted to take my family on vacation during Christmas break while my youngest son, Keith, was on break from college. My oldest son, Brian, was not able to get time off work as that was a very busy time for the store. So we decided to take a staycation to allow our … Read more
I have been helping doctors with their personal finances for a long time. I recently realized that there is a single statement, if doctors would learn to use it, that would change their lives. It is very common for me to encounter doctors who are in over their heads financially, struggling with debt, and living … Read more
