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.
This post is inspired by An Invitation to Contribute blog post from February, which, in summary, criticized WCI for not being very diverse or understanding of anyone who was different than his situati...
I received this question by email a few months back. I sent a very nice reply, some of which is included in the "answer" to this question. However, the more I got to thinking about this, the more I th...
Want to be skinny? Do what skinny people do. Want to be rich? Do what rich people do. Find out what that is here. Money isn't happiness, but it can relieve a lot of misery.
In celebration of the completion of the medical academic year (yes, it's true that the first week of July is a terrible time to get sick), I thought I'd post a little self-assessment survey for gradua...
Doctors can't spend nearly as much as they think if they eventually want to become wealthy. Resist the temptation!
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Dennis Hursh, Esq., is a Pennsylvania healthcare attorney who published a book called The Final Hurdle: A Physician's Guide to Negotiating a Fair Employment Agreement. This is one of those niche books...
Q. I'm the first in my family to receive a significant education and my income is an order of magnitude higher than anyone else's in my family. I am very grateful to my parents for all they have done...
By Dr. James M. Dahle, WCI Founder Earlier this year, Thomas J. Anderson published a follow-up to his "NYT Bestselling" book The Value of Debt called The Value of Debt in Retirement. (Interestingly, b...
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.
I am an ordinary hard-working resident who has been blessed with the motivation to be debt-free. I attended a medical school in a high cost of living area (rent of $1700-1900 per month) with tuition a...
I think EVERYONE should own their own business. There are so many awesome benefits, and little downside. Here are some of the benefits I have experienced.
I'm answering Dr. Dahle's invitation for guest posts after someone suggested that his blog should feature more diversity in lifestyles. I chose the topic "How to be successful financially despite livi...
By Dr. Jim Dahle, WCI Founder A medical school graduate recently published an account of the financial disaster she is facing due to a failure to match into a residency program two years running. Afte...
I have a confession to make. I'm not frugal. I used to be. In fact, I was pretty frugal for a good portion of my life. Maybe I still am in the view of many physicians, since I drive a 13 year old car...
[Editor's Note: I was invited to submit a guest post on the Sermo blog. So many of the posts on Sermo seem so pessimistic to me sometimes. They are full of whining, complaining, fretting, and venting...
Medical school may not have taught you about money, but we will.
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