Americans have a big financial problem according to a recent government study. In one of the most prosperous nations on earth: 40% of us can’t afford a $400 unexpected expense, 20% can’t pay all the bills in full this month, a quarter skipped seeing a physician due to lack of funds, and 25% have nothing … Read more
With Father’s Day approaching, I would like to share six lessons that I learned from my dad. Parents have a big responsibility in bringing up the next generation. Our kids learn from watching what we do more than hearing what we say. So doing what’s right pays dividends with our kids. As physicians, we miss … 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 lump sum contributions for college savings accounts, saving for college vs. saving for retirement, the crucial … Read more
(Only 14 days left in the promotion for my new online course, The Doctors Guide to Thriving in Locum Tenens. If you are doing or thinking about doing locums, don’t miss out on this opportunity.) Every week I run into a few articles that I feel are especially valuable, so each Monday I plan to … 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 an explanation as to why your hospital is always full, when is it OK to pull … 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
(Today’s guest post comes from Lawrence B. Keller, CFP, CLU, ChFC, RHU, LUTCF, who is a paid advertiser on Prescription for Financial Success. Mr. Keller specializes in own-occupation disability insurance for physicians, something all working physicians need. His comments on this plan will give you a good handle of some things you should be thinking … Read more
This month America celebrates its independence. As a country, independence is true, but as individuals, many suffer in bondage. The need to “have it now” has led to such consumerism that debt has grown to unbelievable levels. It’s time to declare independence from debt. Debt bondage is not a new thing. Several thousand years ago … Read more
Have you ever found yourself packing work to take on your vacation? I caught myself doing just that a few weeks ago as I was packing to go to Hawaii for two weeks. I realized a lot of us face that same problem. We have so much to do that we even cram it into … Read more
Every practice has its bad patients and there is no reason to keep them around. In today’s video I talk about getting rid of them to improve your office moral. Turkeys are only good for Thanksgiving. If they show up in your practice, dump the turkeys.
