It’s that time of year again. Over 30,000 medical residents are about to finish their training and start their first job. Many of them will make some big financial mistakes during their first year that will haunt them for years to come. I wrote The Doctors Guide to Starting Your Practice Right to help new … Read more
As I encounter information I feel is especially valuable, I like to pass it on to my readers. The following are a few recent gems I discovered. I hope you find them as useful as I did. This episode of Fawcett’s Favorites includes why you should take social security as early as possible, even physicians … Read more
(Want to meet me in person or attend my lectures? 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 been a speaker multiple times in the past. If you have some of my … Read more
(Today’s guest post comes to us from Emma Jones, whose father was a physician and knows first-hand the importance of busy professionals dealing with debt and has a keen understanding of effective strategies for debt elimination. Her expertise in personal finance has empowered countless individuals to regain control of their financial futures.) Looking at my … Read more
I frequently hear people debating whether to pay off a home mortgage, which usually has a relatively low interest rate, or invest the money. Often the misguided answers to this question stem from only looking at the interest rate for the decision, as if it were the only valid variable. The following are the mistaken … Read more
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 a debate between myself and The White Coat Investor on the value of timeshares, be sure you know what you are retiring … Read more
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 why that mansion next door is ruining your life, what is it like to have “more than enough,” nine retirement myths, how buffers … Read more
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 what life is like six years after retiring from surgery, seven micro habits that can change your life, 101 financial quotes to inspire … Read more
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 three apps for single doctors looking for the perfect mate, defining assets and liabilities and why your home is not an asset, debunking … Read more
With burn out rampant in the physician community, you would think physicians would cherish their vacation time. Since vacation is a time to take a break from our normal routine and recharge our body battery, we should come back from our vacations rested and ready to work again. But many physicians don’t get any rest … Read more
