The Pareto Principle can be stated many ways, but the premise is that 20% of the work will get you...
asset
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.
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.
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.
“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.
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.
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.
Is Being Frugal Worth it?
Making big financial decisions can be tough. Particularly during residency. Sometimes we want to take the big trip. Or buy the nicer car. Is being frugal really worth it?
Flash FIRE warning: The Dangers of Sharing Financial Independence
Fire is a passionate and unforgiving substance. It keeps you warm, heats your meals, and provides...
What is a Safe Withdrawal Rate? A Case Study on The 4% Rule
If you have ever wondered about how much you can take out in retirement or if you will be able to withstand a down market right when you retire, this post is for you. It is a case study with graphs and charts that will help you better understand the dilemma, and whether you have “enough” to be financially independent. It is a must read.
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.
© 2021 The Physician Philosopher   |  Website by The Good Alliance