No, Personal Finance for Doctors is NOT New

I recently read a post where the writer stated something to the effect that no one was teaching financial information to doctors until just recently. That statement is absolutely not true. The real issues were most doctors were not seeking this information until just recently and those doctors who were looking thought the information had … Read more

Four Money Mistakes Almost Everyone is Making

Over the last 32 years I have been following the literature concerning money, investing and debt. In the last few years I started writing about the topic as well as sharing my knowledge with other physicians through one-on-one financial coaching. Through the years I have seen many people make the same mistakes when projecting financial … Read more

Why Everyone Should Track Their Net Worth

One of the first things I do with my financial makeover clients is set up a spreadsheet, tailored to them, to track their net worth on a quarterly basis. This program is set up to be used for the rest of their lives on my proprietary Excel spreadsheet. I have used this program to track … Read more

Breast Cancer Saved Me from Burnout

It’s October again, which means it is breast cancer awareness month. For me, seeing all the pink on social media is a stark reminder of my brush with the terror of breast cancer. As I was about to scrub into an operation, I got a call from my office manager. She asked if I would … Read more

A Million Dollar Ski Boat Mistake

Forums and Facebook groups abound with a frequently asked question that sounds something like this: “Should we sell our positive cash flow rental to buy (insert fun new toy) so we don’t have to attain a loan?”  When someone wants to buy a new car, boat, or motorhome but they have learned that buying toys … Read more