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.
Have you considered refinancing (or purchasing) a home recently? We have, and we did refinance our home. If you’ve ever had questions about the process, click the link to read the post.
Taxes often feel like the enemy around this time of year, particularly for high earners. However, there are some great ways to minimize your tax burden. This post has 5 of them plus a 6th tax hack.
Our networth exploded this year because we have been living on 20% of our income, which was only possible because we didn’t buy a house. In fact, the more that I think about it, the more I realize that buying a house after residency is likely the number one reason physicians take so long to reach financial independence, if they reach it at all. Today’s post discusses our thought process.
Today’s guest post is written about the conflicts of interest and hidden costs involved when purchasing a home. We will discuss realtors, mortgage brokers, mortgage bankers, and the differences between each of them. As someone looking to buy a home, this was a helpful post to me!