Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include the Ten Reliable Steps to Financial Freedom, a comparison of outcomes between high and low spending … Read more
Many times blog questions appear as an either/or issue, as if there were only those two choices. Often I see questions such as ‘should I pay off debt or invest?’, ‘should I save for retirement or for my kids college?’, ‘should I buy stock or bonds?’, ‘should I plant tomatoes or cucumbers?’ It is entirely … Read more
With Father’s Day approaching, I would like to share six lessons that I learned from my dad. Parents have a big responsibility in bringing up the next generation. Our kids learn from watching what we do more than hearing what we say. So doing what’s right pays dividends with our kids. As physicians, we miss … Read more
Many physicians have a poor understanding of personal finance. Since personal finance isn’t a required course in high school, college or medical school, physicians are often unprepared to handle their high income when they become an attending. Sometimes the results of this lack of education are not pretty. Other times it’s a down right disaster. … Read more
Here we are, coming down the home stretch and about to finish residency. With an increased income comes some new financial decisions. The need for life insurance is one of those decisions. If you don’t have any, now would be a good time to consider getting some. The purpose of life insurance is to support … Read more
The wait is over, The Doctors Guide to Thriving in Locum Tenens went live on Monday, April 1, 2019. I spent the final three years of my general surgery career as a locums surgeon giving call relief to lone surgeons working in critical access hospitals in the Pacific Northwest. I’ve just finished putting all that … Read more
(The recent Medscape physician burnout report I discussed here that 29% of those who were burned out turned to some sort of chemical substance for relief. Today’s guest post comes from Patrick Bailey who writes about mental health and addiction.) Medical professionals like nurses, doctors, and paramedics, save many lives on a daily basis, having … Read more
The match is complete and now the 4th yearmedical students are preparing to make their move to residency and chief residentsare preparing to start their new career as an attending. The next phase of theirlives are about to begin. The match got me thinking about a comment I read recentlyfrom a doctor who decided to … Read more
Those of you who have been following me or have read my book, The Doctors Guide to Starting Your Practice/Career Right, know that I am not a supporter of buying a house right away when you move to a new job. There are many reasons to postpone purchasing a house including; doctors have a fifty … Read more
When I sat on the management committee of our surgery center, I was wondering why owners didn’t bring all their cases to the facility. They would clearly benefit financially if they increased their case load. So why didn’t they? I realized, it was because we all think like dogs. Dogs will do tricks if you … Read more
