wealth

Time is money, but money can’t buy time

Time is money, but money can’t buy time

Please, tell me I am not the only one who thinks like this?  My monetary mindset currently revolves around our biggest (current) financial goal: Paying off our student loans. I hope that some day I can truly learn that Time is Money and that money is a means to an end. It’s not an end in itself.

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.

Avoiding Buyers Remorse with Intentional Spending

Avoiding Buyers Remorse with Intentional Spending

We’ve all been there. We make a big purchase only to find out later… we regret the purchase. Buyers remorse is the real deal. Fortunately, there is a way to prevent this and spend money in a healthier and happier way.

Why You Should Wait to Buy the House (The Diderot Effect)

Why You Should Wait to Buy the House (The Diderot Effect)

Are you one of the many doctors who struggle with the Diderot effect? In the 1700s a French Philosopher learned about keeping up with the Joneses the hard way. In fact, he was such an example that The Diderot Effect was named after him. Keep reading to find out if you struggle with it, too!

How I used the 10% Rule to Increase Our Net Worth $250K in 1 Year

How I used the 10% Rule to Increase Our Net Worth $250K in 1 Year

Today is the third installment of the quarterly net worth update, but it is actually a full year out (I wasn’t blogging during the first quarter) from training at this point.  My goal for this time point was to have $100,000 in assets at this point.  Two years out I planned to have a positive net worth.  To find out how I did, keep reading.

“Fire Your Financial Advisor” Review

“Fire Your Financial Advisor” Review

The following is a review of this course, which is called Fire Your Financial Advisor. The review is long, but this course includes over 6 hours worth of video and presentation information all-in-all. Want to sneak a peek? Read more to find out.

The Road To Burnout Helped Me Find My Purpose

The Road To Burnout Helped Me Find My Purpose

We all know the story. The happy and forward looking medical student entering their first year, and the end result of the burned out and depressed doctor at the end. The road to hell is paved with good intentions. How did we get here? This is why I write.

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.

Saving Money. How Much is Enough? The 30% Rule

Saving Money. How Much is Enough? The 30% Rule

What percentage of your annual income should you be putting towards your financial goals each year? If you haven’t answered this question, you probably should. The 30% Rule can help guide you.