Helping people make smart financial decisions.
| Enter your email address to receive the blog in your inbox each week: |
|---|
People assume that doctors are rich, because being a doctor is a considered prestigious job and most prestigious jobs pay good incomes. However, having a good income and being rich are two different things.
While most of you reading this don’t earn anywhere near $1M/year, it may seem crazy to think that you would find yourself going broke if you earned that much. However, I have seen enough people’s finances to tell you that there are people out there earning $1M/year living paycheck to paycheck.
Every time I hear someone say they plan to renovate the kitchen or upgrade the master bathroom, I wonder to myself, “Does this make sense financially?”
To kick-start 2020, I wanted to put together a list of 20 money tips for 2020 that you can strive to implement this year.
I have learned to identify pretty quickly which people will be financially successful and which ones might struggle to reach their financial goals. This post will outline some of the common traits that most financially successful people possess.
Financial planning is really a lifelong challenge of self-motivation. Nobody can force you to do something with your money. Therefore, if you can reverse-solve your financial goals for happiness, it can be easier to motivate yourself to achieve them.
As a medical student, any extra cash you can bring in will go a long way. This week we will look at 11 side hustles for students who want to make money while in medical school.
As a financial advisor, I have the privilege of getting an in-depth look at people’s finances. And let me tell you, you can’t judge a book by its cover. Let’s look at two examples of fictional physicians to see how finances can differ drastically between two similar people.
In over a decade of working with doctors and dentists, I have observed my fair share of the good, the bad, and the ugly when it comes to money moves. This should give you a good starting point for some things you can do to get your finances on the right track.
For doctors, one of the biggest life events is transitioning from residency or fellowship into practice. If you can set the tone and get started with your attending career on the right foot, your long-term financial goals will be much more achievable.
