Subscribe to the blog and receive access to the Student Loan Debt Destroyer Course

* indicates required
Email Options
The Physician Philosopher's Guide to Personal Finance

Buy The Book!

"I have frequently told physicians and dentists that the first really good personal finance and investing book you ever read is likely to be worth $2 Million to you over the course of your life... This is a $2 Million book." ~ James M. Dahle, MD (The White Coat Investor)

PKA Insurance

Most Recent Posts

It is a common question asked by those thinking about going into the field of medicine, "Would you go into medicine again if you did it all over?" Sometimes they ask, "Would you tell your son or daughter to go into medicine?"  Today we are going to look strictly at the financial aspect of this decision.
If you are reading this site, then you have likely come across other websites geared towards high income earners. The vast majority of them will tell you to invest your 401k/403b money in a traditional (pre-tax) manner. The reasons for this are many, but let me lay out the opponents argument before I tell you why I prefer a ROTH contribution to my 403B:
Given that I had the experience of thinking research was pretty worthless and then transitioned to "seeing the light," I wanted to spend some time answering five questions that medical students often ask me regarding research:
Sometimes the head and the heart just can't agree.  Paying off debt provides more peace of mind than making more in the market investing.  The math doesn't make sense, but what is the point of wealth if you aren't content? What does your head and heart think/feel?
Quite possibly, this should have been my first post.  A significant portion of this blog is going to be focused on building wealth and my personal journey to get there.  Being a philosophy major in undergrad, this begs the question:  What is the purpose of obtaining wealth?
Throughout the first thirty years of my existence I did not learn a thing about personal finance from just about anyone.  Not my parents.  Not my grandparents.  Certainly not my medical school.  I had to learn it on my own, which I found to be very frustrating.  In fact, my journey started when I noticed a book (Boglehead's Guide to Investing) sitting on my friend's coffee table.

Subscribe to the blog and receive access to the Student Loan Debt Destroyer Course

* indicates required
Email Options
Should I go to medical school?

It is a common question asked by those thinking about going into the field of medicine, “Would you go into medicine again if you did it all over?” Sometimes they ask, “Would you tell your son or daughter to go into medicine?”  Today we are going to look strictly at the financial aspect of this decision.

Read More »
Should I invest pre-tax or roth for my 401K?

If you are reading this site, then you have likely come across other websites geared towards high income earners. The vast majority of them will tell you to invest your 401k/403b money in a traditional (pre-tax) manner. The reasons for this are many, but let me lay out the opponents argument before I tell you why I prefer a ROTH contribution to my 403B:

Read More »

Given that I had the experience of thinking research was pretty worthless and then transitioned to “seeing the light,” I wanted to spend some time answering five questions that medical students often ask me regarding research:

Read More »

Sometimes the head and the heart just can’t agree.  Paying off debt provides more peace of mind than making more in the market investing.  The math doesn’t make sense, but what is the point of wealth if you aren’t content? What does your head and heart think/feel?

Read More »
retirement plans

Quite possibly, this should have been my first post.  A significant portion of this blog is going to be focused on building wealth and my personal journey to get there.  Being a philosophy major in undergrad, this begs the question:  What is the purpose of obtaining wealth?

Read More »
Philosophy

Throughout the first thirty years of my existence I did not learn a thing about personal finance from just about anyone.  Not my parents.  Not my grandparents.  Certainly not my medical school.  I had to learn it on my own, which I found to be very frustrating.  In fact, my journey started when I noticed a book (Boglehead’s Guide to Investing) sitting on my friend’s coffee table.

Read More »