I told him I needed life insurance. He said sure. He told me I needed disability insurance. I told him no (three times in fact). He asked if I was healthy, and I mentioned a couple of medical problems for which I get treatment. Eventually, though he sold me on the idea of going for it. “What could it hurt to try….” It hurt a lot.
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.
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.
We are going to discuss five financial mistakes that I have made in my life and the consequences of each mistake. I want you to read this in a certain light, though. The light is this: You, too, can make it to financial independence despite making stupid mistakes like me.