Confessions of a Profligate Borrower
For low discipline, finance-challenged people like us, I think I make the case for the advantages of getting out of debt and fixing your financial house quickly. I know we feel like we made it just in time.
Debt is an important part of our financial system and a useful tool, but it can also lead to financial ruin while maintaining poverty. It can be great and destructive at the same time, and it should be looked at as a double-edged sword.
For low discipline, finance-challenged people like us, I think I make the case for the advantages of getting out of debt and fixing your financial house quickly. I know we feel like we made it just in time.
Getting the big picture right is the most important thing. If you don't know where you stand financially, the fear of how bad it might be can be paralyzing.
We're trying to be debt-free, kind of. The first year of our debt pay-off scheme has seen some successes and some failures. Here's a report.
Should you get rid of all your debt before you retire? Maybe not says this controversial new book. But there are risks involved.
The first goal for most doctors is to get back to a net worth of zero. It will be far easier to do that if you don't have any credit card debt and if you "go nuts" on your student loans for your first year or two out of residency.
Enroll in WCI Financial Boot Camp, a FREE 12-week email course to improve your financial life.
You can unsubscribe anytime using the link at the bottom of any email.
Really want to minimize your medical school debt? Here's how to do it—take out only as much as you need and do it as late as possible. Credit cards can help.
Here are ways to improve your chances of matching into a residency program and what to do if you do not match. When dealing with a medical school catastrophe the best thing to do is to prevent it. Any med student who is paying attention should see this type of risk at least a couple of years out.
Should you go for forgiveness or try to refinance student loans? When should you pay off debt vs. invest? Here are the 10 best ways manage your debt.
How much of your life energy is going toward servicing your debt obligations? Why have you set your life up that way? Doctors feel poor due to high ratios.
Is medical school still worth the cost? Rising tuition, student loans, and lower physician pay are changing the equation—see how to decide if becoming a doctor is still financially affordable.
Medical school may not have taught you about money, but we will.
We will never sell your information. Modify your preferences or unsubscribe at any time.
Get ready to take control of your financial life. You can do this, and we can help.
We won't sell your information. Modify your preferences or unsubscribe at any time.