Almost everyone is familiar with the story of Ebenezer Scrooge in A Christmas Carol. I was thinking about that this year and thought Charles Dickens could have just as easily written about Ebenezer’s financial situation and had visits from the ghost of finance past (Debt), the ghost of finance present (Budget), and the ghost of … Read more
Carolyn and me in the Aegean Sea. High performers constantly struggle with the issue of time management. The more things you are good at, the more people who think you have talent, the more opportunities you are presented with, the harder time management becomes. In order to manage your time, you must first grasp one … Read more
I officially left clinical medicine on February 20, 2017. Some people call it retirement, others call it a job change, I call it repurposing. Now I’m following a new mission; teaching personal finance and lifestyle balance to high income professionals through books, one-on-one coaching and speaking. I enjoy saving/changing lives in a new way now. … Read more
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
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
All of life is a balancing act. Driving a car is a delicate balance between the gas, the brake, and the steering wheel. Too much brake and we go nowhere. Too much gas and we can’t control the car. Too much left turn and we end up in the ditch. When we attain balance between … Read more
Frank Capra’s “It’s a Wonderful Life,” 1946, is my all-time favorite movie. I was discussing it this Christmas and someone asked my why it was my favorite movie. I had never thought of that before. Why was this my favorite movie? So this Christmas I watched the movie with that question in mind and I … Read more
