Top Ten WCI Efficiency Secrets
Over the years, I'm gradually becoming more productive. Here are some of the things I have learned. Hopefully you can apply some of them to your life.
Over the years, I'm gradually becoming more productive. Here are some of the things I have learned. Hopefully you can apply some of them to your life.
Prenuptial agreements are a touchy subject. But given the high divorce rates in our society, they should be considered, especially by those coming into the marriage with significant assets or children from a prior relationship.
Emergency funds allow you to take on many risks, avoid debt, and avoid selling low. But don't be dogmatic about them--the opportunity cost is real, especially for those who are not rich yet.
Lifestyle inflation can damage your financial life. Understanding how it impacts your finances and having strategies for handling it are key.
Some successes come from luck, while other successes come from smart decisions. But a great deal of financial success comes from putting yourself in a position where luck can do its thing.
A pre-med worries about the upcoming debt tsunami he is signing up for. What advice do you have for him?
Personal finance is both personal and financial. Be sure you attack it from both behavioral and mathematical perspectives.
P.A.s face similar financial issues to physicians, but with some key differences. But whatever your income, the first things you learn about personal finance and investing are very high yield.
Want to get rich? Do what rich people do- they earn a lot of money and save a big chunk of it. Simple, but not easy.
Our first Kid's Korner Kolumn discusses the lessons learned in the household of a White Coat Investor. Share it with your kids!
The combination of an MD degree with an MBA degree can be very powerful, but there are a number of ways and career points where the degree can be obtained. The time and expenses required are significant, so be sure you are doing it for a good reason.
Goal setting is hard work, but sticking with the program is even harder. That's probably why you're broke and I'm built like Donald Duck.
Cohabitation brings on both financial risks and benefits. Weigh them carefully, even if you don't care about the moral implications.
Physicians and other high income professionals don't need to adopt the habits of the extreme early retirement crowd in order to be financially successful. A moderate approach may help you optimize your happiness and your finances.
We had a great trip to Belize recently and learned a few lessons, mostly about how to trade money for happiness.