Financial Planning Implications for Solo-Practice Owners
Understand the unique challenges and opportunities available to the self-employed like QBI, solo 401k, disability, HSAs, mega backdoor Roths, etc.
Understand the unique challenges and opportunities available to the self-employed like QBI, solo 401k, disability, HSAs, mega backdoor Roths, etc.
PIMD is outsourcing tasks to virtual assistants more and more in order to maximize his time and enjoy the things he loves most.
Get some entrepreneurial inspiration. PIMDs shares physician success stories in their pursuit of other sources of income.
Try to increase the amount of stuff you own -- your consumer goods, house, medical practice, investments, and other businesses -- and build wealth fast.
You might not be rich yet, but you will be. How do I know? Because you're here, and personal finance is only 20% knowledge. The rest is behavior, and you have the right behavior.
Don't let becoming an independent contractor intimidate you. Follow this list and you'll be ready to make informed decisions about taxes, insurance, retirement accounts, deductions, business structures and more.
You're busy, tired, and likely don't have much money, but you've got an idea for a side hustle. So, when is the best time to get it started? Turns out, NOW is a perfect time.
Most docs like the idea of starting a side hustle but are bogged down by obstacles in their way. PIMD believes you CAN do this successfully despite the challenges often holding a physician back.
In this episode, I answer questions about moonlighting, address side gigs, and listener questions about donating to charity, Roth IRAs, food storage and lots more.
Physician on FIRE bought a stake in a small micro-brewery that sure looks like a bad investment, but is it REALLY? With a clever clause in the contract and altruistic motives, it might be one of his favorite holdings.
Don't neglect to research the non-clinical aspects of taking a locums job. Answering questions about travel expenses, insurance, licensing, etc. can make or break the gig.
Passive income is awesome. Lazy people everywhere and even the IRS agree. Here's why.
Q&A about locum tenens with a number of docs who have enjoyed their experience doing locums.
Medicine is a wonderful career and calling. But that doesn't mean a physician can't be an entrepreneur. If you already have the entrepreneurial bug, here are some tips. If not, maybe I can inspire you to look at the world in a way that is a bit more entrepreneurial.
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