Can I Afford the Monthly Payments? Losing The Forest for the Trees

Can I afford the monthly payments?

Have you ever wondered whether you could afford a monthly payment on something? Maybe a car, house, or private school payments? I would argue that people asking this question are losing the forest for the trees. And we all do it. This post is here to remind us that there is a better way to think about money, and to tell you how to find the right mindset.

Why Finding the Flow Might Be the Most Important Goal

Finding the flow

We all know the experience. We are working hard, sometimes without even realizing how much work is being put in. As we diligently take care of our task, we are immersed. At some point, our concentration is broken (maybe because the task is done), and we realize that hours have passed. You have just found the “flow,” and I am here to tell you that it might be the most important goal we should have.

How the Framing Bias Impacts Your Financial Decisions (BFS #1)

Framing Effect and Framing Bias

Politicians, media, and advertisers use the framing effect every day to their advantage. Without you even knowing it. I am here to tell you that the bias imposed by the framing effect has a major impact on your financial decisions, too. Come learn how to stop doing dumb things with your money in the first post of the behavioral finance series (BFS #1).

Why Do Doctors Kill Themselves?

physician suicide

I still remember exactly where I was when suicide first touched my life.  I was in my second year of residency.  I was sleeping.  It was 2 am two days before Christmas when I received the call from my mom.  I can’t explain why, but I knew immediately. This started my journey into wondering why doctors kill themselves.

Budgeting That You Won’t Hate: Backwards Budgeting

Backwards Budgeting

Let’s be real. Most of us hate budgeting. I know that I do. That said, I am a big believer that unintentional plans lead to lots of people ending up broke. What if I told you that there is a way to budget that you won’t hate, and it will accomplish all of your goals automatically? Too good to be true? Read on to find out…