Paying Off Your Debt Or Investing: The Next Move

It’s really important to know where your advice is coming from and how the person giving you that advice gets paid.  Conflicts of interest are given at the beginning of every talk for a reason.  They can be powerful.  For example, how someone answers the question of whether you should be investing your money or … Read more

2nd Quarterly Net Worth Update

getting paid

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.

Can I trust PSLF and What to Do if you Don’t

business decisions

A recent area in physician personal finance that has the same dilemma, which requires the Trust, But Verify method is PSLF (Public Service Loan Forgiveness).  People often ask, “Can I trust PSLF?”  My answer?  Have a back-up plan.
And trust, but verify.  Let’s dig in.

How do I invest my paycheck? Attending Series

investing pay check

The most common question that I get (in real life and online) is the following:  “So, I am finished (or about to finish) training.  How do I invest my paycheck?”  I recognize that for many readers this question may be too basic, but I don’t want to skip it for those that are about to start their life as an attending.  Hopefully, even for those that have it all figured out, they’ll find useful information in answering the question.

Proof is in the Pudding: Live like a Resident (Series)

Live Like a Resident

It’s often said, “Live like a resident during and after reisdency!” But where’s the proof that you should live like a resident after residency?  Well, the proof is in the pudding. Let’s look at the ingredients to see if that math adds up.

Why you should minimize debt in training: Resident Series

On a recent forum that I visit, a poster questioned everyone on whether it was worth taking a big trip to Europe after finishing his first licensure exam (USMLE Step 1).  What the person was really asking is…. “Is it worth it to minimize debt?” That’s what we will discuss today.

The Four W’s of PSLF: Student Loan Refinacing Part 1

Don’t we all remember the most important money saving tip?  You know.  If you just brew your coffee (or tea) at home while you are a medical student and resident instead of going to Starbucks, you could save thousands of dollars on your medical school debt. We’ve got some talking to do: Student Loans Part 1.

Welcome Physician on Fire Readers: Bonds, Student Loan Bonds

Welcome Physician on Fire readers! If you want to learn more about TPP, click here. For my regular readers, I have a Thursday guest post on Physician on Fire’s website where I write about Student Loan Bonds and how we can view them in a diversified portfolio. Click here and I’ll direct you the right way!

The Seventh Philosophy: The Platonic Creed

For those of us who have “seen the light” and realized that the financial shadows that dance on the wall are created by the industrial machine that want us to believe the personal finance is too hard to do ourselves.  Once we are freed to realize that it is not as difficult as it used to seem, it is our responsibility to go back and to free the other prisoners.  This is the Seventh Philosophy:  A Responsibility to Teach