Fawcett’s Favorites 9-26-22

Every week I find a few great articles I feel are especially valuable. Following are this week’s best. I hope you find them as useful as I did.

This week’s favorites include 25 ways to show your spouse respect, contract red flags, what doctors should know about emergency funds, debunking seven myths overheard in the doctors’ lounge, and should I keep working so I can give more.

Happy reading!

Having a happy and healthy relationship with your spouse leads to a great life. Sometimes we need a little reminder of the things we can do to make our relationship better. Your Tango helps out with a list of 25 Ways Couples In Healthy Relationships Show Each Other Respect. If the fire has gone out in your relationship, or you don’t want the fire to go out, this is a must read.

Every physician contract is long and complicated. Buried in all those pages might be some important red flags you want to discuss/change/eliminate from the document. Medscape shares with us Five Contract Red Flags Every Physician Should Know. Have you found any of these in your contract? Did you ask to change the contract or did you sign it anyway? Always keep in mind, everything in the contract is negotiable, even when you are told it is not. 

Everyone should have an emergency fund, even those who don’t think they need one. Doximity sheds some light on the subject with their Op-Med article on What Should Doctors Know About Emergency Funds. I have kept an emergency fund for years. It has never been touched, but provides a lot of security and peace of mind knowing it is there. Do you have an emergency fund? 

There are many myths running around in the world. Many concern personal finance. When we gather together in the doctors’ lounge or any other place we tend to hang out, we might end up spreading and perpetuating those myths. The Prudent Plastic Surgeon shares a few of these with Debunking Seven Financial Myths Overheard in the Doctors’ Lounge. What myths have you heard lately? I keep hearing how timeshares are a bad thing, yet my new best-selling timeshare book tells an entirely different story of my thirty year experience with timeshares. 

When I was struggling with the decision of when to retire, I kept thinking about all the earned income I would be giving up. Those dollars could be put to good use, if not for me then for someone I could give them to. But is that a good reason to keep working? Abandoned Cubicle tackles this question with Should I Keep Working in Order to “GiveWell.” What do you think? Is it right to give up a high earning potential when there are others in need? 

I hope you enjoy these articles as much as I did. I look forward to updating you again next week with a few more articles I find especially interesting. If you read an especially good article, send me the link so I can share it with others.

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