A misconception is running around the financial world, that great sacrifice and delayed gratification is required to reach financial independence. This is simply not true. The reason so many feel becoming financially independent is a sacrifice, is the misguided notion that spending anything less than all you earn is somehow a great sacrifice. If I … Read more
We are all likely to be faced with deciding what to do with a financial windfall, and for many of us it may happen several times. For some it will be a small windfall like getting a tax refund you weren’t expecting or a yearend bonus. For others it could be a big windfall like … Read more
(Student loan payment moratorium extended to Aug 31) 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 recent event gave me goosebumps, never have a mortgage when you retire, nurses are … 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 ten debt lessons from the NFL, the real scoop on sunscreen, when medical errors can send you to JAIL, a blue print for … Read more
Match day is an exciting time in a medical student’s life. The results of that day set the wheels in motion for the outcome of the rest their life. For most students, the specialty they will practice has now been solidified. For others, they are about to take a fork it the road they did … 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 debt reduction tips, what these doctors said once they are free to speak, 11 electric bikes to buy, dealing with bad online reviews, … Read more
The amount you spend on your house is possibly the most important factor in achieving financial independence and happiness in life. Overspending on the house will leave you with such a big housing bill that you will not have enough money to do all the other things you want to do. This mistake can take … Read more
I recently received a large sum of unexpected cash. An investment I had made a few years ago suddenly cashed out. When this situation comes up on social media it sparks a debate as to what to do with the money. Usually only two options are discussed: Invest the money (stocks or real estate) or … Read more
(I will be giving two lectures in the White Coat Investors Physician Wellness and Financial Literacy Conference which starts in two days. To get virtual tickets click here. If you will be attending in person, please say hi. I love to meet my readers.) Every week I find a few great articles I feel are especially … 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 lessons from Rich Dad, Poor Dad, mistakes to avoid during job interviews, ways for grandparents to give to their grandchildren, how to use … Read more
