Many people never get the opportunity to enjoy their grandparents. Your grandparents may have died when you were too young to know them, lived too far away, or were so frail they couldn’t play with you. I was fortunate to know all four of my grandparents. I lost both grandfathers to cancer before I was … Read more
Nothing messes up a good plan for a balanced financial life more than overspending your income. It’s human nature, but it’s like a siren call luring us to our death—as doctors we spent so many years under financial restraint, when it’s lifted we tend to go overboard. We buy too much house, too many toys, … Read more
Whooping the Market When I was younger, I thought I was smart enough to beat the market. I didn’t want to invest in those boring index funds, I wanted to make a killing instead. Why should I settle for an 8% return if I could get 30%? I figured since I was a doctor, I … Read more
I am frequently asked the following question: “Should I pay off my student loans before I put money aside to invest in the stock market?” The person asking this quick and simple question is looking for a yes or no answer. The problem I am faced with is there is not enough information in the … Read more
We are forever telling our patients to get exercise, but do we practice what we preach? I find my to-do list often keeps me away from the gym. How about you? Today’s episode is about getting that exercise in the schedule. Hope it will spark some ideas for you to try and get in the … Read more
Are you tired of reading that medical errors are the third leading cause of death? Me too. We all know this is not the case from our own experience. I recently read it again as a quote in an article from a prominent medical journal and decided I had enough. I penned an article refuting … Read more
Don’t get ripped off by both the burglar and your home owner’s insurance. Check out my latest video.
Being debt-free has many advantages. When you have no debt, you have much less stress. You don’t worry about making the mortgage payment. When the family is going on vacation, you don’t have to stay home and work to keep paying the overhead. When the hospital tells you about the new changes in your contract, … Read more
Book drawing winners Recently Dr. Pamela Wible posted a nice article about my new book “The Doctors Guide to Eliminating Debt.” I especially liked the part where she called my wife, Carolyn, a “brilliant accountant.” She discussed her journey with becoming debt free and quitting her “job” by age 36 and you can read it … Read more
My favorite movie of all time just happens to be the Christmas movie “It’s A Wonderful Life.” Here we see one man look back and see all the wonderful things that have happened in his life instead of dwelling on the one bad thing that happened recently. How often have we needed to do this? … Read more
