Much of the personal finance blogosphere directed at physicians spends time discussing spending money. And for good reason. Physicians have a spending problem. While I am all about educating people about their personal finance shortcomings, it is also important to find balance in life. Some things in life are worth the money, because they provide … Read more
We all suffer from Someday Syndrome in one way or another. Someday, things will be better. Someday, I’ll have this (or that). But, the truth is that we might live our entire life waiting for “someday” to come when what we needed was there in front of us the whole time…
According to Passive Income MD, these are the two most important words in all of personal finance. And, I’ll admit that you either wield this as a force to be reckoned with our you will succumb to its will. This is the driver of most people’s financial stress, if they have it.
Many people have enjoyed the successes (and more often the failures) of investing in individual stocks. If you have ever wondered if you should invest in individual stocks, this post is for you. And, if you currently do this sort of thing, I might call you a loser in this post. Read it at your own peril.
Jim Dahle over at WCI wrote an epic book only a few years ago. Yet, he felt the need to write another. What’s that all about? Come find out in this review of his new book: Financial Boot Camp.
In the 1960’s, Lew Goldberg showed that a physician’s intuition and judgment can be fatally flawed. Interestingly, the same fatal flaw that was exposed by Goldberg is the same fatal flaw that causes some of the biggest financial mistakes that doctors make with money. Why aren’t doctors rich? Psychology has an interesting explanation that everyone … Read more
Recently I felt a bit like the dog who finally caught the tire he was chasing. I’ve been tasked with making a personal finance curriculum for the senior MD, PA, and SRNA students at my medical school. Now, I need your help! Please, leave a comment and let me know what you think are “musts” to include!
We all do it. We compare our lives to those around us. The same happens with money, but it often proves harmful. Come find out why personal finance is personal (and why it should stay that way).
What would the typical person who knows very little about personal finance think if they stumbled upon the personal finance blogging world? Would they feel welcomed…or shunned? How should we focus on having these conversations with others?
Teaching personal finance in training can be a touchy subject. While people mean well, they often bring with them misconceptions about teaching personal finance. These misconceptions prove problematic if we don’t respond…
