A Side Hustle to Consider — Medicolegal or Insurance Consulting
Many doctors looking to boost their income consider doing medicolegal or disability consulting. If you have interest, there are many resources to help you expand your practice.
Beginning your financial journey and learning about personal finance can seem awfully overwhelming. But instead of trying to solve the entire puzzle at once, it’ll be easier (for your mind and for your psyche) to break it down into sections that are more easily digestible.
Many doctors looking to boost their income consider doing medicolegal or disability consulting. If you have interest, there are many resources to help you expand your practice.
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.
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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.
Some high-income professionals hate personal finance and investing. If that is you, this post is for you. If that isn't you, send this post to someone you care about.
Dr. Jim Dahle's daughter 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.
Medical school may not have taught you about money, but we will.
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Get ready to take control of your financial life. You can do this, and we can help.
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