“When can I begin to splurge on my dreams?” This is an almost universal question that comes to mind as soon as we start earning a living. As such, it is one of the first things we address during my Total Financial Makeover Coaching Program: Dreams and Goals. If your financial planning is not heading … Read more
There is a lot of buzz about real estate investors attaining real estate professional status (REPS). The only reason to get REPS is to be able to use your real estate depreciation losses sooner than you would otherwise. It does not generate “new” losses to write off. It only allows one to use their losses … Read more
There was a time in the not too distant past when retirement was not an option. People literally worked until they died. In 1935 President Franklin D. Roosevelt signed the Social Security Act. From that day forward, the US government helped Americans retire, but this help came with strings attached. These strings were anchored around … Read more
As I encounter information I feel is especially valuable I like to pass it on to my readers. 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 a great new physician financial book, comparing what those who are about to … Read more
As I encounter information I feel is especially valuable I like to pass it on to my readers. Following are a few examples of some recent gems. I hope you find them as useful as I did. This episode of Fawcett’s Favorites includes many physicians wasting their vacation time, everyone should be maxing out their … 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 historical fiction book recommendations concerning medicine in the 1840’s, advice for living a regret-free life, most seniors are only one crisis away from … 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 can you still become wealthy in an expensive neighborhood, real estate performs well even through recessions, the difference between being rich and being … 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 fixing your job when you don’t like it, ten harsh money lessons you didn’t learn in school, beginner investing tips for success and … 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 how to never run out of money in retirement, how disability insurance bought this doctor a car, are prior authorizations getting out of … Read more
