Physicians go through extensive training to become doctors bringing in a high income. Unfortunately, they have no training in how to manage all that money. Consequently, we make a lot of money mistakes. I have taught personal finance for the last three decades. It has been both fun and rewarding, especially when someone finally realizes … 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 guarantee you get your PSLF, how to keep money from destroying your friendships, the myth of the wealthy physician, be happy … 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
Most people think doctors are wealthy, even doctors do. Why do they have this perception? Because doctors make a lot of money (top 5%), they are very smart (only the top students get into medical school), they are hardworking (that’s what it takes to get through our training), and they are resilient (otherwise how could … Read more
It appears that Joe Biden will become the next President of the United States in January. He has already stated many of the things he plans to do during his term. Some of those things will have direct financial impact on us. Biden has stated he wants to cut costs for the low and middle … Read more
Each week I run into a few articles that I feel are especially valuable. 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 the best real estate books every investor needs to read, how to fix your career and … Read more
So, you have settled into your first job as an attending physician. This is an exciting time with many big changes. You likely moved to a new city, had a significant pay increase along with a huge jump in responsibility. Now is the time to decide how to repay your student loans. Whenever you have … 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
