I saw a recent conversation on social media where someone stated that he only had a few years left on his home mortgage, so there wasn’t much interest left to pay. Because of this he felt it was far better to pay out the mortgage as scheduled and invest his money for a higher return. … Read more
One of the first things I do with my financial makeover clients is set up a spreadsheet, tailored to them, to track their net worth on a quarterly basis. This program is set up to be used for the rest of their lives on my proprietary Excel spreadsheet. I have used this program to track … Read more
We learn a lot of what shapes our lives during our teenage years. As a teen I was an entrepreneur. I mowed lawns, baby sat, taught piano lessons, played guitar and sang in a rock band, helped my grandparents repair their rentals, and even raised money for worthy causes. Mowing lawns, real manual labor, taught … 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 the right way to think about debt, tips on communicating with your children, defeating the non-compete … Read more
(Don’t miss my lecture, and 20 others, in this year’s Financial Freedom Through Real Estate Virtual Conference, this weekend, October 9-11. I will be sharing my secret sauce to managing your directly owned real estate while working full time as a physician. It is absolutely free so click on the link above and sign up now! If you sign … Read more
I have been reading alarming tales of doctors who think they can buy their way into the hearts of their spouse and kids on the weekend to make up for not being there during the week. The reality is your kids don’t need your money, they need you to spend time with them. Quality time … 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 tips to take control of your debt, calculating the right amount of retirement savings, Inspiring quotes … Read more
Every week I run into a few articles that I feel are especially valuable and 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 Medscape’s physician debt & net worth report 2020, why Bill Gates is happier today than … Read more
(If you are currently in the midst of a financial crisis, you will want to get a copy of my next book, The Doctors Guide to Navigating a Financial Crisis, coming June 16th. Pre-order the book here.) Many physicians have lost their joy in practicing medicine. Many factors work together to create joy in your … Read more
Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include the second week of a free 50+ doctor financial summit, how financial independence made this doctor’s … Read more
