This is Physician Finance Interview #2, which is a series of posts published each Friday. Each person interviewed is either a doctor (or married to one) and the purpose is to allow outsiders in to the financial mind of other health care providers.

My questions are in bold and the responses follow.
If you’d like to read other recent Physician Finance Interviews, check them out here:
Physician Finance Interview #1
Email me if…Read more

Doctors are notoriously bad with money.  Part of this has to do with the fact that the schools that prepare our future doctors are ill equipped to teach them about money.  When I was a fourth year medical student, my school had a financial group called GL Advisors come and talk to us about money.  Not only was their advice conflicted, but the lawyer who owned GL Advisors would later end up going…Read more

Before my financial awakening two years ago, I made a bunch of financial mistakes ranging from forbearing on my debt – please, don’t do this – to investing in the market while I was accruing 6.8% interest on my student loans.  There are a lot of reasons why I made these mistakes.  Many of them – that I am going to spend some time disproving today – were caused by lies, myths, and…Read more

This is Physician Finance Interview #1 of what I hope will be many Friday “Physician Finance Interviews” where we talk with physicians (or those married to them) about their finances.  The focus of the interview is to investigate how other physicians have handled their money, income earning potential, assets, debts, and much more.

Tag along as we discuss success, failures, and advice that I hope will prove useful to many!  Please, leave comments below about…Read more

You may or may not have noticed, but I recently posted about my family’s success in using The 10% Rule in improving our net worth by $254,000 in just one year.  This was only possible because we lived on less than 20% of our income.  Living on that percentage of our income was only possible, because we didn’t buy a house.  In fact, the more that I think about it, the more…Read more