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.
Jimmy Turner, MD
Getting started is sometimes the most challenging part of a “set it and forget it” investing model. Which retirement accounts should you use? And, in what order? Today’s post is here to help you out.
Physicians scammed out of $33 million as one physician recruits dozens of colleagues to invest in a cryptocurrency volatily trading scheme he cofounded.
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.
Real estate can provide a passive income stream…when done right! Read on to gain insights from PIMD on how to do just that.
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.
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.
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.
Love your job? Great! Should you pursue FIRE? Absolutely, you should! At least the Financial Independence part. What you do with it is up to to you.
Is 2021 the year of real estate? PIMD thinks so. Regardless of the market you’re looking at, read on to discover why the Gross Rent Multiplier is a good metric during those initial evaluations.
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.
Many doctors ask (particularly in July) what are the top 10 tasks a physician should complete when they become an attending physician. I hope this post helps you answer that question!