The Pareto Principle can be stated many ways, but the premise is that 20% of the work will get you...
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10 Milestones to Financial Independence Worth Celebrating
Some things in life are worth celebrating. We know that the road to financial independence can be long, and so we must not wait to get there before we have cause for celebration. Here are ten milestones on the financial independence journey that should make you pause, take notice, and take a moment to enjoy.
Why Do Doctors Kill Themselves?
I still remember exactly where I was when suicide first touched my life. I was in my second year of residency. I was sleeping. It was 2 am two days before Christmas when I received the call from my mom. I can’t explain why, but I knew immediately. This started my journey into wondering why doctors kill themselves.
5 Examples of Bad Financial Advice from Dave Ramsey (for Doctors)
Many people hail Dave Ramsey as a financial guru. He is a bit of a lightning rod, though. Particularly in the physician world where he provides terrible financial advice for doctors. Don’t believe me? Here are 5 examples.
Refinancing with a Physician Home Loan
Have you considered refinancing (or purchasing) a home recently? We have, and we did refinance our home. If you’ve ever had questions about the process, click the link to read the post.
6.5 Ways to Overcome The Early Retirement Gap to Age 59.5
Everyone loves talking about FIRE, but not the inherent problem that FIRE creates – the Early Retirement Gap. What is it and how can you avoid it? Keep reading to find out.
I am a Doctor and I Hate My Job: The Cure for Burnout
I typed in “I am a doctor and” into google, and was amazed to see the most popular ending to the question. Are you a doctor who hates their job?
The Tale of Two Doctors: The First Paycheck
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.
Saving Money. How Much is Enough? The 30% Rule
What percentage of your annual income should you be putting towards your financial goals each year? If you haven’t answered this question, you probably should. The 30% Rule can help guide you.
Physician Heal Thyself…And Why Doctors Don’t
Have you ever wondered where the phrase “Physician heal thyself” comes from? It might have a different meaning than you thought, and it certainly has a different meaning today.
How Much Money Do Doctors Make & Why It Doesn’t Matter
People often wonder how much money different doctors make. I’ll tell you, but then I am going to tell you why that income doesn’t matter – because of a fatal flaw in how doctors think about money.
11 SMART Financial Goals for Your New Years Resolutions
Each New Year, many of us spend some time creating New Years resolutions. If you have trouble coming up with good financial goals, here are 11 SMART financial goals worth pursuing and how to go about creating them…
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