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Financial Clarity Blog

Helping people make smart financial decisions.  

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6 Ways to Achieve Financial Success as a New Attending Physician

The 2019-2020 academic year is behind us, which means there are approximately 45,000 new doctors entering practice in America (according to the ACGME Data Resource Book). That's a lot of new doctors who have a fantastic opportunity to achieve financial independence if they get started on the right foot. Today we are going to dive into six ways to achieve financial success as a new attending physician.

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Baby Step Your Way to Financial Independence

Everyone wants to achieve financial independence, whether you are making large strides or taking baby steps. Not everyone has a plan to get there, but everyone would like to be in a position where working for a paycheck is optional. When it comes to getting on track for financial independence, there are two types of people: 1. The people who are on a mission from day one to become financially independent. They make a priority at the beginning of their career to live well below their means and set aside a significant portion of their paycheck for their future (sometimes over half of their take-home pay!). 2. Everyone else.

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Financial Reading List 3

You have probably noticed that none of the books I recommend have get-rich-quick hacks or double-top-secret investment tips. You know why? Those types of books are useless and misleading. As it turns out, the best investment advice and tips for getting rich are quite boring. You don’t even need a full book to cover it all. It can be summed up pretty concisely – work hard, spend less than you earn, invest the difference.

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The Finity Group Summer Reading List

The weather here in the Pacific Northwest may be making it hard to believe -- but summer is quickly approaching. June 20, this Saturday, is the official first-day summer, and to celebrate, we wanted to share with you some of our favorite summer reads. Here, you will find a list of various books we love. We hope you enjoy and maybe find a new book to throw in the mix this summer!

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Kiddie Policies

Yes, life will be different, moving forward. No one ever expected to see what we have seen over the past three months. And no one knows how the next big life event will affect us. One thing we do know is that there will be more events like these. We need to plan, so our family has financial flexibility now and for what the future.

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Modern Clients Require Modern Professionals

Finity Group is like the Netflix of financial planning firms – born into the age of internet and technology, full of both industry experience and fresh new developments; we are revolutionizing the way we provide our respective services. We aren't just the next generation of advisors; we're the advisors for today and the future. No matter your age, you deserve a financial professional who is as flexible, up-to-date, and savvy with modern technology.

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