Our networth exploded this year because we have been living on 20% of our income, which was only possible because we didn’t buy a house. In fact, the more that I think about it, the more I realize that buying a house after residency is likely the number one reason physicians take so long to reach financial independence, if they reach it at all. Today’s post discusses our thought process.
It’s a topic not often discussed on personal finance websites geared towards teaching you how to build wealth, but its important: tithing and giving to charitable causes. Whether you are religious or not, this is an important topic to consider. Come dive in today’s post and leave a comment.
Today’s guest post is written about the conflicts of interest and hidden costs involved when purchasing a home. We will discuss realtors, mortgage brokers, mortgage bankers, and the differences between each of them. As someone looking to buy a home, this was a helpful post to me!
I’ve found that the discipline that comes from workout out and regularly exercising spreads to other areas of my life including spiritual, financial, and even work related areas. Once you learn to be disciplined in one area, its contagious and spreads to others. Today’s post discusses the intersection between personal finance and personal fitness.
Today is the third installment of the quarterly net worth update, but it is actually a full year out (I wasn’t blogging during the first quarter) from training at this point. My goal for this time point was to have $100,000 in assets at this point. Two years out I planned to have a positive net worth. To find out how I did, keep reading.
Time matters. Passion means something. Professional fulfillment also has a place. For all of these reasons and more, I’ve fully supported and empowered my wife going back. That said, child care expenses are hella-expensive. Today we will discuss two ways to ease the pain a bit: the flexible spending account and 2018 child tax credit changes.
Each month I highlight some posts from other sites that I thought were particularly helpful reads. By way of curating the internet for these articles, I hope to save you some time in having to do so yourself. Â
s I was watching one day, it started to amaze me how comfortable the birds were jumping from post to post on the feeder or from branch to branch. Often times at a distance taller than the bird itself. It dawned on me that the reason they are so comfortable taking this risk was because they knew if they made a miscalculation, they had wings. Today, we talk about how side hustles give us wings – and asset protection.
After watching some of their interactions it became clear that something spectacular was happening. The patient was attending their own funeral. They were cognizant enough to have conversations with these people that clearly loved him. They shared memories and times together. What would you discuss if that happened?
I have posted three posts every week for 100 straight posts. This has occurred since the blog started at the very end of November 2017. Today’s post will break away a little bit from our typical content covering wealth building, financial independence, and wealth building topics to follow the progress of both this site. It’ll be fun to look back a few years from now and see where we were at this point. We will discuss traffic, my most popular posts, and much more.
Let’s bring you back to my roots as a philosophy major in college. Everything in philosophy is about “isms.” Some of them are religious philosophies like Buddhism and Judaism, or pluralism versus monotheism. Others are political in nature like communism or fascism. Today we are going to talk about another “ism” that dramatically impacts our ability to build wealth and achieve early financial independence: American exceptionalism.
This is a guest post by Kate.  Kate is a nurse practitioner, financial independence junkie, travel fanatic, and homeschool mom. She blogs at On Our Way World. We have no financial relationship at this time. I hope to introduce this is as the first of many “Patient Perspectives” presented on this web site. Take it away, Kate!
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