Building Wealth

Best Time to Buy a Car & 8 Other Steps to Get the Best Deal

I still loved driving my Chevy SS. The roar of the naturally aspirated V-8 as I churned through...

How Should I Save For My Kid’s College? Plus a 529 Plan Hack

Investing money for your kid’s college education can be a tough choice. Should you do it at all? If you do, what’s the best way? Are there any hacks for this sort of thing? All this and more in today’s post.

The Top 10 Things Doctors Need to Know About Disability Insurance

It is not a sexy topic, but it is one of the most important (if not THE most important) topic in personal finance for doctors. Here are the top 10 questions about disability insurance for doctors, and an answer to each. Don’t skip this. It’s important, and that is coming from someone who screwed this up and cannot get disability insurance now.

How I used the 10% Rule to Increase Our Net Worth $250K in 1 Year

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.

Top 10 Financial Tips for New Attending Physicians

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!

“Fire Your Financial Advisor” Review

The following is a review of this course, which is called Fire Your Financial Advisor. The review is long, but this course includes over 6 hours worth of video and presentation information all-in-all. Want to sneak a peek? Read more to find out.

Joining a Cult: The Financial Independence Counterculture

There is a strong current sweeping through the American culture. It is filled with the counterculture of the financial independence community. How is this community different from others? Why should you join it? Keep reading to find out.

The Importance of Investing Money in Residency

Saving money is tough. Saving money during residency might be tougher. But is also might be more important. Join along as we discuss the importance (and benefits) behind investing during residency.

Should I Invest in My 457 Plan?

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.

Can I trust PSLF? The PSLF Side Fund

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.

The Dave Ramsey Asset Allocation

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.

Proof is in the Pudding: Live like a Resident

It’s often said, “Live like a resident during and after reisdency!” But where’s the proof that you should live like a resident after residency? Well, the proof is in the pudding. Let’s look at the ingredients to see if that math adds up.