Why are doctors burning out? And 3 Ways FI can save them

Why are doctors burning out?

Burnout has been a problem looming over the practice of medicine. It has many causes. We will discuss some of those causes and how financial independence directly counteracts some of them. This post ties in exactly why I see wealth and wellness as one big picture.

Physician Finance Interview #2

Physician Finance Interview #2

In today’s interview we dive into the finances of a recently graduated (two years out) hospitalist in Northern California. Married with no kids and in a high cost of living area, come take a walk in this doc’s shoes. This is a great example of what this interview series will look like going forward, and I bet there is quite a bit you can learn from this doctor’s example!

5 Attributes that Make You An Easy Financial Target

Financial Target

Today’s post hopes to answer the following question: As doctors, why do we have a target painted on our back by financial professionals? Let’s talk about five targets that doctors provide.  Hopefully, through this discussion, you will be more aware of how and why people aim to steal a part of the pie that is rightly yours.

Physician Finance Interview # 1

Physician Finance

Today’s post is the first of what will be many Physician Finance Interviews where we ask doctors (and/or their significant others) questions about the debts, assets, and personal finance decisions. Come read about the successes, failures, and advice from other people who have walked in your shoes.

Poverty in Older Generations: A History Lesson

Poverty

A recent WSJ article looked into the poverty in our older generation and their inability to retire. It’s important to understand history or else we are doomed to repeat it. Come take a walk with me as we look at the reasons why they are unable to retire and how we can prevent this from happening to the current generations.

A Tale of Two Doctors: The First Paycheck

Tale of Two Doctors

You’ve made it to your first attending pay check. Great! Now what? Is it really that important to start investing? Surely I can enjoy the big pay bump. Let this Tale of Two Doctors answer the question “What do I do with my first paycheck”? Come join Dr. Jones and Dr. EFI as they tell their tale.

Introducing The Monthly Checkout

The Monthly Checkout

In medicine, we have to handover care to the physicians coming behind us.  At least, for those of us that do shift work that is true.  Just like we run the list to check out on the patients we are taking care of, we will run a list of articles I think you should read.  So, this will be the first of many Monthly Checkouts where I hand select articles that I really think are worth checking out to you. 

A Book Review: The Doctor’s Guide to Eliminating Debt

Book review

Little did Dr. Fawcett know, that book would lead him on a journey to pay off all of his debt in less than six years.  This led him to write a guide specific for doctor’s called The Doctor’s Guide to Eliminating Debt.  Today, I’ll review Dr. Fawcett’s book and tell you if I think it’s worth the read.