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Investing Advice for Doctors: The Pareto Principle

Investing advice for doctors

The Pareto Principle can be stated many ways, but the premise is that 20% of the work will get you 80% of the results. Investing advice for doctors is no different. It may seem complicated, but with a little knowledge about what falls into the 20% doctors need to know about personal finance it doesn’t … Read more

Time is Money, but Money Can’t Buy Time

Time is Money

Please, tell me I am not the only one who thinks like this?  My monetary mindset currently revolves around our biggest (current) financial goal: Paying off our student loans. I hope that some day I can truly learn that Time is Money and that money is a means to an end. It’s not an end in itself.

The 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.

My Life After FI: Lessons from Mariokart

Life after FI

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.

Flash FIRE warning: The Dangers of Sharing Financial Independence

Financial Independence Retire Early

Fire is a passionate and unforgiving substance.  It keeps you warm, heats your meals, and provides light in the dark.  When wielded carefully, it is a force to be used for good.  Financial FIRE (Financial Independence Retire Early) is no different. We all remember what it was like when that FIRE lit up the dark … Read more