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physician finance

It’s Wrong for Doctors to Retire Early

It’s Wrong for Doctors to Retire Early

Today’s post strikes deep into the heart of the message on this site. Some people attack doctors who plan to achieve early financial independence and retire early. In fact, I’ve seen some people say that its wrong for doctors to retire early. Them is fighting words to me. Agree? Disagree? Come find out.

The 10% Rule: Limiting Lifestyle Creep

The 10% Rule: Limiting Lifestyle Creep

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.

Time is money, but money can’t buy time

Time is money, but money can’t buy time

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

The Tale of Two Doctors: The First Paycheck

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.

Avoiding Buyers Remorse with Intentional Spending

Avoiding Buyers Remorse with Intentional Spending

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.

End of Year Financial Checklist for High Earners

End of Year Financial Checklist for High Earners

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!

How to Get Rich: Curbing Spending on the Big 5

How to Get Rich: Curbing Spending on the Big 5

There is one simple reason why most physicians do not get rich early in their careers – the Big 5. Learn how to get rich by avoiding the Big 5 expenses until you are at a point that you can afford them.

6 Tips for Starting a Physician Side Gig

6 Tips for Starting a Physician Side Gig

Many doctors have asked me how to start their own business. Whether it is a blog, podcast, book, course, or a new consulting business… having a physician side gig can prove powerful in providing you the financial freedom you deserve. Click here for some tips on how to get started.

“Fire Your Financial Advisor” Review

“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 Road To Burnout Helped Me Find My Purpose

The Road To Burnout Helped Me Find My Purpose

We all know the story. The happy and forward looking medical student entering their first year, and the end result of the burned out and depressed doctor at the end. The road to hell is paved with good intentions. How did we get here? This is why I write.

10 Financial Tips for New Attending Physicians

10 Financial Tips for New Attending Physicians

We all remember starting our first new job. While drowning in transition, financial topics often get placed on the back burner. Here are 10 financial tips for new attending physicians to guide the way.

The Importance of Investing Money in Residency

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.