(Want to meet me in person and attend my live lectures? Please join me at the White Coat Investor’s Financial Literacy and Wellness Conference, February 5-8, 2024, in Orlando, Florida. I will be giving two lectures at this amazing conference where I have spoken multiple times in the past. One lecture on Regaining the Joy of … Read more
I attended medical school on a Navy scholarship. One of their requirements was to be on active-duty for six weeks every year. I was a flight surgeon at Camp Pendleton in Southern California for one of those stents. Many days I walked into the flight briefing room to look at the assignment board. On that … Read more
Each week I run into a few articles that I feel are especially valuable. Every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include teaching kids to invest, budgeting myths that hurt your finances, seven daily habits that create wealth, … Read more
Many people want to do more traveling when they retire. In fact, travel is one of the main reasons stated for wanting to retire. Unfortunately, most people are not sure how travel will affect their retirement budget. Knowing this number is a key variable in calculating when you have enough saved to retire in the … 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 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
We’ve all seen a few “news” pieces about the recent government shut down. It’s interesting, but not surprising, to hear that numerous government employees are crippled by the delay of a single paycheck. This is exactly the reason everyone needs an emergency fund. When an unexpected financial catastrophe pops up, we need to be able … Read more
Too many doctors today believe that their income is what determines their level of success. This is a fallacy that is hurting way too many doctors. We hear things like “Become a specialist so you can make the big bucks” or “Now that I’m an attending, I can afford the payments on a new Tesla” … Read more
(Today’s guest post comes from Doug Adamson from Fulton Mortgage Company, an advertiser on my site. Doug helps doctors leverage their earning potential by getting doctor mortgages with low down payments and no mortgage insurance. I had always been opposed to adjustable rate mortgages, until he showed me this article. Now I can be convinced that … Read more
(Today‘s guest post comes to you from Travis Hornsby, CFA, founder of Student Loan Planner. Travis helps you navigate the landmines found in repaying student loans. I do have an affiliate link with Student Loan Planner.) How Does the “Dave Ramsey Method” Fare When Applied to Med School Loans? You might be a recent med … Read more
