While a doctor’s most important wealth-building tool is their income, and the more of that you can siphon off from your lifestyle in order to build wealth, and the longer you can do that, the better off you’ll be. And the key to all of this is patience. Learn how having just a little more patience can help you reach physician freedom.
Month: June 2021
I often talk about how one of the ways to start practicing medicine because you want to and not because you have to it by reaching financial independence. In today’s guest post, Physicians on FIRE explains how this idea also prepared their for the pandemic in ways they never could have imagined.
How to avoid costly financial mistakes and ultimately go through life with less weight on your shoulders after residency. Here is some of the best advice I can give any resident.
In an effort to avoid the “Dad bod,” I decided to lose some weight. Read how the Physician on Fire lost 10 pounds in 24 days and what that has to do with personal finance.
There is a strong current sweeping through the American culture. It is filled with the counterculture of the financial independence community. How is this community different from others? Why should you join it? Keep reading to find out.
Saving money is tough. Saving money during residency might be tougher. But is also might be more important. Join along as we discuss the importance (and benefits) behind investing during residency.
The Pareto Principle can be stated many ways, but the premise is that 20% of the work will get you...
What percentage of your annual income should you be putting towards your financial goals each year? If you haven’t answered this question, you probably should. The 30% Rule can help guide you.