You might think you like choices… but that just isn’t really true. Sometimes more choice can lead to indecision. And even when we do choose, we are constantly afraid of losing it! This all impacts your money decisions… and it’s all in today’s post.
Results for "behavioral finance series"
How to Determine Your Savings Rate: Spend Save Ratio
This is a guest post written by Dr. John Lim who is a well-known author in the personal finance...
Framing Your Financial Future
I love listening to podcasts. In a very busy world,...
Should I Invest or Pay Off Debt? A Case Study
Ever wondered if you should pay off your debt or invest? This case study could help. And, if it doesn’t, the step-by-step guide at the end of the post definitely will. Check it out.
Financial Mistakes For the Financially Literate
I’ve never pretended to be perfect, which is why I think it’s the right thing to do to air out some of the financial mistakes I still make today. Some are more recent than others, but the theme is the same. I struggle with financial discipline and decisions just as much as you. Read on to hear about some of my dirty financial laundry.
My Life After FI: Lessons from Mariokart
The realization hit me the other day while reading the book A Doctor’s Guide to Eliminating Debt. At the end, the book poses a great question: “What are you retiring to?” It talks about the finish line.  So, I’d like to discuss five things that I’ll do much more often when I cross my financial independence (FI) number, or life after financial independence.
Consumer Addiction and 5 Ways to Beat It
We’ve all experienced the high of buying something meant to make us happy, and the lows of consumer regret that we often experience after the fact. What is consumer addiction? And how can we beat it?
The Most Important Thing About Investing
There is a lot that you can learn about investing, and yet even the experts don’t believe the “how to” portion is the most important thing you should learn about investing. What is it then? What is the most important determinant to your investing success? Keep reading to find out.
5 Reasons Investing in Individual Stocks is for Losers
Many people have enjoyed the successes (and more often the failures) of investing in individual stocks. If you have ever wondered if you should invest in individual stocks, this post is for you. And, if you currently do this sort of thing, I might call you a loser in this post. Read it at your own peril.
Can I Afford the Monthly Payments? Losing The Forest for the Trees
Have you ever wondered whether you could afford a monthly payment on something? Maybe a car, house, or private school payments? I would argue that people asking this question are losing the forest for the trees. And we all do it. This post is here to remind us that there is a better way to think about money, and to tell you how to find the right mindset.
The Physician Philosopher Joins the White Coat Investor Network
The biggest moment of this blog happens today. The Physician Philosopher blog has joined the White Coat Investor network. If you are a first time reader, welcome. If you are a long-time reader, read more to find out what you can expect. Come find out how it all went down!
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.
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