Many years ago, debt was hard to get and was considered a dangerous and risky thing to have. Now it is so easy to come by, that possessing debt is almost universal. In fact, in 2008 the easy access to debt got our country into a bit of trouble, causing the housing crash. Today, if … Read more
Sometimes a financial makeover client of mine really takes the bull by the horns and drastically improves their financial situation in a very short time. It’s amazing how fast goals can be achieved when you really go for it. I was so amazed by one such student, I asked him to tell his story of … 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 my favorite read is of course my new book, The Doctors Guide to Real Estate Investing for Busy … Read more
Those of you who have been following me or have read my book, The Doctors Guide to Starting Your Practice/Career Right, know that I am not a supporter of buying a house right away when you move to a new job. There are many reasons to postpone purchasing a house including; doctors have a fifty … Read more
Today, I awoke to the news of a ceremony honoring those who lost their lives in the attack on the World Trade Center on 9/11/01. Most of us can remember where we were when we heard about this tragic event. I was awaken on that Tuesday morning by my clock radio announcing that an airplane … Read more
Today, as I write this, I sadly read about another celebrity with significant wealth who died without a will. Aretha Franklin left behind an estate worth $80 million with significant future royalties and no instructions for who should receive her fortune. Over the next few years, we will hear about the fighting and legal battles … Read more
(Today’s guest post comes from Doug Adamson from Fulton Mortgage Company, an advertiser on my site. Doug helps doctors leverage their earning potential by getting doctor mortgages with low down payments and no mortgage insurance. I had always been opposed to adjustable rate mortgages, until he showed me this article. Now I can be convinced that … Read more
I am continually running into people who are confused as to what constitutes debt when we are doing a makeover with their spending plans. Wikipedia defines debt as money owed by one party, the borrower or debtor, to a second party, the lender or creditor I have clients who list out their accounts payable as … Read more
We all can use advice from time to time. Sometimes that advice is about personal finances, Investing, or borrowing. When choosing this person, stay away from financial advisors who have a conflict of interest. The advisor who makes money on your investment decisions is like the pharmaceutical rep who is telling you all about his … Read more
First copy of my new book An exciting moment in Hawaii today as I received the first copy of my new book. The lady at the front desk said I shouldn’t be getting mail, I’m on vacation. It made for a happy vacation day. Doctors are having a tough time with debt and it’s getting … Read more
