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Jimmy Turner, MD

The 10% Rule: Limiting Lifestyle Creep

The 10% Rule: Limiting Lifestyle Creep

If we ignore the desires of our heart and deny our ability to enjoy anything, this places us in an uncomfortable disposition towards discontent.  Likewise, if we ignore the head we are destined towards financial ruin. Let The 10% Rule make both your head and your heart happy.

Lifestyle Inflation After The First Big Paycheck

Lifestyle Inflation After The First Big Paycheck

This is a story familiar to us all. We watch (or anticipate watching) our paycheck jump in size after we finish training. We then make all of the lifestyle changes to accompany the big increase. This is the big dilemma. Today we will discuss a better way.

What is Financial Independence?  A Hybrid Model

What is Financial Independence? A Hybrid Model

Do you need 25 times your annual expenses? What if you have enough passive income coming in each month to cover your expenses? How exactly do YOU define financial independence? Definitions matter. Come find out why.

“I want to lower my taxes” is a stupid goal

“I want to lower my taxes” is a stupid goal

Being a high income earner also comes with a pretty hefty tax bill. Dr. Dahle shares tips for how to think smarter about our tax goals and actions that will impact your bottom line in this Saturday Selection, originally posted on White Coat Investor.

The fear of spending money

The fear of spending money

It’s okay to stick to our guns, but sometimes being frugal can make spending money an anxiety provoking experience. Do I have the fear of spending money? We bought a house. Am I a hypocrite? Come take a walk through my mind.

Time is money, but money can’t buy time

Time is money, but money can’t buy time

Please, tell me I am not the only one who thinks like this?  My monetary mindset currently revolves around our biggest (current) financial goal: Paying off our student loans. I hope that some day I can truly learn that Time is Money and that money is a means to an end. It’s not an end in itself.