Get Out Of Undergrad Without Debt!
I saw an article this week that showed that at 514 colleges, the loan default rate has now exceeded the graduation rate. The default rate is now 13% on average across the country, and outstanding stu...
I saw an article this week that showed that at 514 colleges, the loan default rate has now exceeded the graduation rate. The default rate is now 13% on average across the country, and outstanding stu...
I've been working in an emergency department for over 10 years now. I've become used to talking about many subjects that are essentially taboo in most adult conversations. I coax vivid descriptions...
I wrote about some things to think about when deciding whether or not to pay off your mortgage early a few months ago. My wife and I had a discussion about paying off our mortgage the other day (whic...
Good financial planners start the financial planning process with a discussion of your values. They then move into setting specific goals and then design and implement a financial plan to reach those...
As a general rule, lenders won't refinance a mortgage that is underwater (owe more than the home is worth). Even if you have a small amount of home equity, you may not be able to refinance, and certa...
For most of us, when we buy our first house, having a mortgage or not isn't really a decision we have to make. Few Americans, even high-income professionals, can afford to pay cash for a house. In f...
If you're planning on renting out your house after you move out, it would behoove you to figure out if it is a good investment prior to moving in.
Which is better, paying private school tuition or buying a nicer house in a neighborhood with good schools? Two doctors wrestle with this dilemma.
In a preceding post, a guest poster argued that doctors are rich, should consider themselves such, and should be proud of their financial success. In this post, I'll argue that: Very few doctors are r...
I often hear people express with dismay that 90% of their mortgage payment goes toward interest and that they're not building much equity, especially at the beginning of their loan. As many readers k...
There is a "financial guru" named Douglas Andrew who lives in my local area. He is a financial planner, radio host and author who advocates a rather unique approach to retirement planning. I've occa...
One of the pearls Dave has contributed to the personal finance lexicon are his "Baby-Steps." They seem aimed at the financially clueless, but they still have merit for the more knowledgeable.
Q. What should I do with a windfall, such as a $500K inheritance from a long lost Uncle or a larger sign-on bonus than expected? A. Two of my favorite investing/finance books, The Bogleheads Guide To...
The IRS expects you to pay yourself a reasonable salary as an S-Corp. An important factor in that decision should be the effect on how much you can sock into a retirement plan.
I was reading about a survey by the Physicians Foundation recently which had some rather sobering findings. They sent out these 48 question surveys to 630,000 doctors and only heard back from 13,575,...