Nothing messes up a good plan for a balanced financial life more than overspending your income. It’s human nature, but it’s like a siren call luring us to our death—as doctors we spent so many years under financial restraint, when it’s lifted we tend to go overboard. We buy too much house, too many toys, … Read more
I am frequently asked the following question: “Should I pay off my student loans before I put money aside to invest in the stock market?” The person asking this quick and simple question is looking for a yes or no answer. The problem I am faced with is there is not enough information in the … Read more
Christmas is coming soon. Many people will be haunted by the presents they give for several months afterwards in the form of credit card bills. It is amazing how much money we Americans spend on Christmas. Many whole industries thrive on the revenue from Christmas sales. There is no reason for you to go into … Read more
Cover Your A$$ets Insurance is an expensive part of your life. It can be even more expensive if you don’t have the right coverage you need. I found that out the hard way in two insurance losses that hit me for a total of $30,000 and were not covered, thanks to the fine print in … Read more
If you have always associated becoming debt free with undergoing great sacrifice, this video is for you. Becoming debt free is all about attitude, not sacrifice. Hope you enjoy.
Christmas is coming soon. Many people will be haunted by the presents they give for several months afterwards in the form of credit card bills. It is amazing how much money we Americans spend on Christmas. Many whole industries thrive on the revenue from Christmas sales. There is no reason for you to go into … Read more
This week’s video contains an interesting story about how I got sued without ever knowing about it and why it is important for you to have an umbrella policy. Hope you find it helpful.
Today I launch a series of video tips for doctors. They will be Tuesday’s tips. Each will be about 2-4 min long and will be found on my YouTube channel. Today’s video covers the timing of buying a house. Hope you find it helpful.
How much life insurance do you need? (From my book The Doctors Guide to Starting Your Practice Right) The purpose of life insurance is to support the people who are dependent on your income if you die and aren’t there to provide for them anymore. This is usually your spouse and children. If you are … Read more
