The Bogleheads’ Guide to the Three-Fund Portfolio teaches a simple and effective way to invest so you can move on with your life.
An early career physician has a lot going on and doesn’t need to get everything just right, but there are a few financial priorities that should be recognized.
Here are three very important keys to keep in mind when starting your business.
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.
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.
Impatience is a disease that keeps high-income professionals stressed about finances and running on the treadmill to keep up with their lifestyle. Show some patience and you’ll have all the stuff you desire including financial independence.
Investing in your 401K/403B is a straight-forward decision, even if you are loaded up with debt. A much more complicated question to answer is whether you should contribute to your company’s deferred compensation 457 plan. Today’s post will answer the question, “Should I invest in my 457?” The What, when, and why.
Virtual assistants are a fantastic way to reduce your workload while simultaneously growing your practice or business. Learn exactly how an assistant can reduce your stress and increase efficiency.
Should you follow Dave Ramsey’s recommended asset allocation for your portfolio? Come read how the WCI thinks you should decipher if this is right for physicians.
A recent area in physician personal finance that has the same dilemma, which requires the Trust, But Verify method is PSLF (Public Service Loan Forgiveness). People often ask, “Can I trust PSLF?” My answer? Have a back-up plan.
And trust, but verify. Let’s dig in.