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
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
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
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
MGM Disney Kids watch our every move. Who hasn’t seen a young boy who imitates what his dad does. Even to the point of standing, just like dad, leaning up against a railing with his legs crossed, and a piece of straw hanging out of his mouth. They hear what we say at home and … 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
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
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
Most of the doctors I’ve encountered who are financially secure at a young age have one thing in common, they are frugal. They are not cheap and I think that is a big distinction. Cheap is buying a particle board dresser for $60 that may not last more than a few years. Frugal is buying … Read more
