Helping people make smart financial decisions.
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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.
A common topic that has come up in recent years in the medical community is side hustles for doctors. What side hustles can physicians engage in to earn some extra cash?
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.
The physician loan is a special home loan for doctors that makes it easier for a doctor or dentist to get a mortgage without the customary 20% down payment.
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.
The robotic financial advisor in me wants everybody to always make optimal financial choices. On the other hand, the human in me understands that we are emotional creatures and it isn’t realistic to always make the optimal financial decision. Sometimes dumb financial moves are OK.
People are concerned with how current events will impact their investments. Is now a good time to be investing in stocks?
Is spending money on coffee over making your own coffee at home really bad for your finances? What about other convenient items? We dive into the financial implications today.
