Three Bad Habits for Your Wealth

Dr. Cory S. Fawcett shooting bad habits As I work with people one-on-one as a high performance coach, I have found that the most important aspect to their wealth accumulation, is their habits. Good habits create good results, and bad habits create bad results. The good news is, habits are learned. You were not born … Read more

Do You Have a Ring Fund?

Our wedding rings I just returned from going on a weekend men’s retreat with my oldest son, Brian. We had a nice weekend together and my favorite part was the three hour drive each way. It gave us a chance to talk, which doesn’t happen as often as I’d like since he moved to his … Read more

Assessing Your Debt Problem

It’s amazing how frequently I cross paths with doctors who have never taken the time to actually assess where they stand financially. They tend to fall in a few categories; they never thought of it, they don’t want to know, or they feel they just don‘t have the time. When I work one-on-one with doctors … Read more

Attaining Marital Financial Bliss

Fawcett Wedding. Before my wife and I got married, 28 years ago during my surgical internship, we were required to attend a pre-marital class. The class brought up many things for us to discuss ahead of the wedding date. The idea being, if you go into the marriage with expectations of each other that you … Read more

Malignant Credit Carcinoma

KevinMD recently published my article about viewing debt as a disease, Malignant Credit Carcinoma. Here is an excerpt of that article, which comes from my book, ”The Doctors Guide to Eliminating Debt.” Debt should have an ICD-10 code Debt is destroying the lives of doctors everywhere. The cost of getting an education has moved into … Read more

Med School Desensitized us to Debt

The high-pitched wail of the pneumatic saw cutting through the tibia and the little bits of tissue the blade flung onto the surgeon’s gown were not enough to get to me the first time I saw a surgery, during my senior year in high school. It was the smell. Sliding down the wall in the … Read more

Would you like to be able to spend Freely?

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

9 Tips for Easing the Cost of Christmas

Christmas is coming soon. Many people will be haunted by the presents they give for several months afterwards in the form of credit card bills. It is amazing how much money we Americans spend on Christmas. Many whole industries thrive on the revenue from Christmas sales. There is no reason for you to go into … Read more