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Resident Series

Lifestyle Inflation After The First Big Paycheck

Lifestyle Inflation After The First Big Paycheck

This is a story familiar to us all. We watch (or anticipate watching) our paycheck jump in size after we finish training. We then make all of the lifestyle changes to accompany the big increase. This is the big dilemma. Today we will discuss a better way.

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.

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.

Personal Finances are Personal: Invest or Pay Off Debt?

Personal Finances are Personal: Invest or Pay Off Debt?

The best advice is specific to each person’s situation. Come take a peak as I discuss two people’s situations and how I gave opposite advice to each of them. Why would I do such a thing? Personal finances are personal.

Is Being Frugal Worth it?

Is Being Frugal Worth it?

Making big financial decisions can be tough. Particularly during residency. Sometimes we want to take the big trip. Or buy the nicer car. Is being frugal really worth it?

REPAYE Versus PAYE for Two-Income Couples

REPAYE Versus PAYE for Two-Income Couples

REPAYE or PAYE? If you are married to someone else who earns an income, this can complicate which student loan program you should use to pay back your loans. If you are both paying back loans and making an income, it gets even more complicated! This post is here to help you figure it all out.

Student Loan Forgiveness – PSLF, IDR, & Much More

Student Loan Forgiveness – PSLF, IDR, & Much More

Student loans can be forgiven in a variety of ways. Most people focus on Public Service Loan Forgiveness (PSLF), but this is not the only option for student loan forgiveness. This epic post explains all.

The Physician Philosopher Book: Get a Free Copy

The Physician Philosopher Book: Get a Free Copy

The Physician Philosopher Book publishes soon! Come find out how to snag a free copy. I want this book to be helpful for as many people as possible. So, share the details with your friends, too. Oh, and you won’t believe who is writing the foreword!

5 Misconceptions About Teaching Personal Finance

5 Misconceptions About Teaching Personal Finance

Teaching personal finance in training can be a touchy subject. While people mean well, they often bring with them misconceptions about teaching personal finance. These misconceptions prove problematic if we don’t respond…