Smart Career Alternatives for Radiologists

(A  few weeks ago Jeffrey T. Wade, M.D contacted me after reading my book, The Doctors Guide to Smart Career Alternatives and Retirement. He thanked me for writing the book and told me that he found the book both informative and enjoyable. He also felt many of my career alternative examples were not directed at radiologists … Read more

Look Before You Leap With Disability Insurance; ACS Plan Review

(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

The Secret Sauce of Goal Achievement

Have you ever set a goal and not achieved it? I have. Many times. Often due to setting the goal in an ineffective manner. In order to set goals with the highest chance of success, we need to set S.M.A.R.T.E.R goals. Using this acronym to set goals will improve the odds of success. If the … Read more

Do It Yourself Investing

Have you ever wanted to be your own investment advisor? Have you ever cringed at the fees you are paying for investment advice? Does your investment advisor make more money off your portfolio than you do? Now is your chance to learn what it takes to be your own investment advisor. I have been asked … Read more

The Successful Staycation

Last year I wanted to take my family on vacation during Christmas break while my youngest son, Keith, was on break from college. My oldest son, Brian, was not able to get time off work as that was a very busy time for the store. So we decided to take a staycation to allow our … Read more

How I Paid Off $500,000 Of Debt

In my last post, I told my story of how I got out of medical school with only $18,000 of debt. By the time I left residency I had that whittled down to $6,000 at 3% interest. Then during the next three years after starting my practice I had accumulated almost $500,000 of new debt. … Read more

How Did I Accumulate So Much Debt?

When I was a young lad, just heading off to college, I had no debt. I had no credit cards. My family didn’t use debt for purchases other than buying our house. I really didn’t have any knowledge about how to best use debt. My student loan package included a scholarship, a work study program … Read more