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physician finance

Three Ways “First, Do No Harm” Applies to Personal Finance

Three Ways “First, Do No Harm” Applies to Personal Finance

Early and often we are taught to advocate for our patients and “First, Do No Harm.” What if I told you that the same principle applies to personal finance and, in particular, physician finance? It is your job to protect yourself from harm. Today we will discuss three key concepts in this arena.

Will I be able to retire? The Mice and Money Model

Will I be able to retire? The Mice and Money Model

Mouse is a self-described husband (to a doctor), father, engineer, and finance blogger.  He builds awesome money models to predict the chances people have at successfully reaching their goals.  Today, we will see Mouse’s model for me and answer the pen-ultimate question: Will I be able to retire?

The June Monthly Checkout: June 15th, 2018

The June Monthly Checkout: June 15th, 2018

In medicine, we have to handover care to the medical providers coming behind us.  Just like we run the list to “check out” on the patients we are taking care of, we will run a list of articles I think are worth your time to read.  Today, we will discuss The June Monthly Checkout.

Physician Burnout and Financial Independence: A Guest Post

This week’s “Wellness Wednesday” post has two changes.  1) It wasn’t posted on Wednesday (Tuesday!), and 2) It’s not on this site!  You’ll have to venture over to Camp FIRE finance to find the article where I discuss physician burnout, financial independence, and why you should care even if you aren’t a doctor!

Introducing The Monthly Checkout

Introducing The Monthly Checkout

In medicine, we have to handover care to the physicians coming behind us.  At least, for those of us that do shift work that is true.  Just like we run the list to check out on the patients we are taking care of, we will run a list of articles I think you should read.  So, this will be the first of many Monthly Checkouts where I hand select articles that I really think are worth checking out to you. 

Application of The 10% Rule: Winkbeds and Swagger Wagons

hen I laid down that night to go to sleep, those animal crackers were all up in my face.  I don’t care what anyone says, what I spent my 10% Rule money on smelled terrible that first night.  This post is about spending money on Winkbeds and Swagger Wagons.

A Book Review: The Doctor’s Guide to Eliminating Debt

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.

Welcome WCI Readers–>Fellowship: Worth the Return on Investment?

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.

Using Your Investment Philosophy to Pay Off Debt Faster

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.

5 Things You Need Know Before Making an Invention

5 Things You Need Know Before Making an Invention

The Physician Philosopher website is geared towards helping young medical professionals and trainees, I think it’s useful to talk about ways to supplement our incomes.   After all, this really helps us build wealth more quickly.  This is often done through side hustles such as locum tenens work, medical malpractice reviews, incentives, and even making an invention!

2nd Quarterly Net Worth Update

I started blogging in November 2017. So, my first quarterly net worth update was six months out (or two quarters into being an attending anesthesiologist). How am I doing now? What goals have I achieved? Grab a drink, sit down, and come find out in the 2nd Quarterly Net Worth Update.