Americans have a big financial problem according to a recent government study. In one of the most prosperous nations on earth: 40% of us can’t afford a $400 unexpected expense, 20% can’t pay all the bills in full this month, a quarter skipped seeing a physician due to lack of funds, and 25% have nothing … Read more
(Doximity recently published this article of mine on setting up a local mission clinic. It originally appeared here, but some of you are not on Doximity so, with Doximity’s permission, I have republished it on my site for your reading pleasure) Many physicians would like to use their skills on the mission field, but have a … Read more
(Doximity recently published this article of mine on the effects of consumerism. It originally appeared here, but some of you are not on Doximity so, with Doximity’s permission, I have republished it on my site for your reading pleasure) School has gotten back into full swing and thus we begin another cycle. Will this cycle … Read more
When I speak to medical students and residents, their number one question is “Should I follow my passion or choose a specialty that pays well?” With so many students finishing their training deeply in debt, they are feeling a push to go into a specialty that pays better than average, thinking that it will solve … Read more
(Those of you who were holding out for the Kindle version of my new book, The Doctors Guide to Real Estate Investing for Busy Professionals, are in luck as it is now available on Amazon.) This week my wife and I celebrated our 31st wedding anniversary. It made me think about how my life has … Read more
(Today’s guest post comes from a retired dentist who was conversing with me about his life. I thought he was a great example of not needing to be a billionaire to enjoy your retirement. In fact, he has been retired for twenty years and did so with less than seven figures in his retirement plan. … Read more
There are things on our bucket lists that take preparation and a great effort to accomplish. Climbing Mount Everest, for example. Others take a lot of time to complete, like an around the world cruise. My wife and I just finished one of these bucket list items that took both a lot of preparation and … Read more
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