Getting started is sometimes the most challenging part of a “set it and forget it” investing model. Which retirement accounts should you use? And, in what order? Today’s post is here to help you out.
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.
We’ve all been there. We make a big purchase only to find out later… we regret the purchase. Buyers remorse is the real deal. Fortunately, there is a way to prevent this and spend money in a healthier and happier way.
The end of the year can be a very busy time, which makes it easy to drop one of the many balls that are up in the air. Using this financial checklist for high income earners, your personal finances don’t have to be one of the missed items this year!
The time has come. I am done explaining to others why I refuse to let being a physician define me. Burnout has made me choose life.
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.
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.
Do you ever feel the stress of variable expenses or unanticipated costs that come up? Do you sabotage your own success by dipping into your savings? Multiple savings accounts may prove helpful for you. Keep reading to find out more!
Do you ever feel guilty later for a purchase you made? Maybe it was the car. Or the house. Or that fancy new bike, clothes, or purse. Regardless, there is an answer to guilt-free spending that involves spending MORE money on what you love. Read this post to find out more.
Many of us in medicine feel compelled to choose between being a good partner/parent and a good physician. Do we really have to choose, though? Are there ways financial freedom can help us find better balance? Let this post help you out. Click here to keep reading.
All things in moderation, right? That’s not the tune that I am singing in this post. I want you to spend money. A lot of it. And I want you to do it guilt-free. It’s all about dialing in that personal finance equalizer to make that spending music to our ears. Come find out in this post.
Going back to the basics is almost always a good thing. Are you taking care of these 5 essential financial tasks?