Attaining Marital Financial Bliss

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

New Car Fever

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

Marrying Dr. Debt

My son recently announced his engagement and started an intense period of wedding planning since the wedding was only three months away. I began to reminisce about my wedding and the planning that led up to the big event, which for me was also a three month engagement. In my case, I was away at … Read more

Would you like to be able to spend Freely?

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

Should I Pay Off Debt or Invest?

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

9 tips for easing the cost of Christmas

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

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

9 Tips for Easing the Cost of Christmas

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