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59. Spending More Than You Make




Welcome to another episode of Financial Clarity for Doctors!

We spend a lot of time talking about how to make sure you are in a good position to reach your long-term goals.  For most of our clients and listeners, you are in a good position with your career and income trajectory to be able to do that!  You’ve worked hard and you will very likely make a good income!

However, we do talk to a lot of folks, especially folks that are still on a resident or fellow salary, that are not in a good spot to work toward those long-term goals.  Sometimes, they aren’t even in a good spot to be able to make ends meet from month to month.

Today, we are going to focus on a few strategies to make the day-to-day more doable.

In this episode we will dive deeper into:

  • Managing Expenses
  • Debt Management
  • Spend Less or Make More
  • Your Long Term Outlook

 

For more financial planning tips from Corey and Rachelle, find them on social media! 

LinkedIn: @CoreyJanoff and @RachelleVanderzanden; Instagram: @CoreyJanoff and @VanderzandenRachelle; and Twitter: @CoreyJanoffCFP and @RachelleFinance 

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Discussions in this show should not be construed as specific recommendations, legal, or investment advice. Always consult with your investment professional before making important investment decisions—advisory services through Cambridge Investment Research Advisors, Inc., a Registered Investment Advisor. Through Cambridge Investment Research, Inc., Securities are offered a registered Broker/Dealer, Member FINRA/SIPC. Finity Group and Cambridge are not affiliated.