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.
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.
If we ignore the desires of our heart and deny our ability to enjoy anything, this places us in an uncomfortable disposition towards discontent. Likewise, if we ignore the head we are destined towards financial ruin. Let The 10% Rule make both your head and your heart happy.
Money is the number 1 cause of stress in America. Most often, this stress is caused by mortgage, student loan, and consumer debt. If you are wondering how to pay off your debt, this post will help.
Do you have any remaining debt? If you are like most physicians, of course you do! Here are ten guiding principles for debt management of all sorts packed into a single post.
Should I pay off my debt or invest? That’s a tough question. Yet, I firmly fall into the debt pay off group much of the time. Am I just bad at math? Or is there more to it? Here are 5 reasons you should consider focusing on paying off your debt.
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.
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?
Whenever I tell people outside of medicine how bad doctors are with money, they are always shocked. Almost universally they wonder why we don’t save enough money. They understand that – in order to become a doctor – you must be hard working, intelligent, and dedicated to the cause. These are the same attributes – when they are applied correctly – that result in financial success. How in the world can doctors be bad with money, then?
Little did Dr. Fawcett know, that book would lead him on a journey to pay off all of his debt in less than six years. This led him to write a guide specific for doctor’s called The Doctor’s Guide to Eliminating Debt. Today, I’ll review Dr. Fawcett’s book and tell you if I think it’s worth the read.
Today’s post can be found on White Coat Investor where I discuss Fellowship Opportunity Cost. In other words, how much does it cost you (debt, investments, and otherwise) to pursue a fellowship. I even include a calculator to help you figure it out! Let’s calculate your Fellowship Opportunity Cost today.
When your life goals have you pinned up against the wall, it’s time to fight back. Today, I talk about how I fought back to achieve both my investment goals and my goal to destroy my debt. With a fixed timeline to get my little girl to a different school by 2019, I had to become a little more intentional about paying off debt faster.