It’s that time of year again. Over 30,000 medical residents are about to finish their training and start their first job. Many of them will make some big financial mistakes during their first year that will haunt them for years to come. I wrote The Doctors Guide to Starting Your Practice Right to help new … Read more
I have read over and over about all the sacrifices one makes to become a physician, as if we are the only profession who has this issue. How the decade of our twenties is lost to studying medicine, as if it would not have passed by if we had chosen to study something else. Our … Read more
(Today’s guest post comes to us from a physician reader who conquered her debt quickly. She writes under the pen name Jbrawley. I hope her story encourages you on your journey to become debt free.) Graduate student debt has become such a common topic of conversation it’s something we almost take for granted. Particularly when … Read more
Every week I run into a few articles that I feel are especially valuable and every Monday I would like to share some of the best with you, my readers. I hope you find them helpful. This week’s favorites include Medscape’s physician debt & net worth report 2020, why Bill Gates is happier today than … Read more
Most people don’t realize how easy it is to become debt free. Instead they envision a horrible drop in lifestyle and great sacrifices that include turning back the clock to medical school days where they were living on peanut butter and Top Raman. When in fact, no sacrifice is required to become debt free. All … Read more
Most Americans live their lives on borrowed money, constantly spending a little more than they make, leaving them with a growing debt. These debt payments, and the added interest they must pay on their debt, decreases the amount of money that they have available to spend on future needs. Paradoxically, borrowing to buy depreciating items, … Read more
(Today‘s guest post comes to you from Travis Hornsby, CFA, founder of Student Loan Planner. Travis helps you navigate the landmines found in repaying student loans. I do have an affiliate link with Student Loan Planner.) How Does the “Dave Ramsey Method” Fare When Applied to Med School Loans? You might be a recent med … Read more
Getting accolades for your hard work, whether it was a successfully completed difficult surgery, a beautifully weeded flower bed or writing a best-selling book is very honoring. Last month two atta boys came my way. I was honored to receive two gold medals from the North American Book Awards. My third book, The Doctors Guide … Read more
Many doctors today find themselves living paycheck to paycheck. They make a good income but just never seem to get caught up. Non-doctors see us as rich. But many of us are just broke on a larger salary. The whole reason I began Prescription for Financial Success – Helping Healthcare Professionals Thrive, stemmed from a … Read more
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
