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 other high income professionals are eligible for physician mortgage loans. This loan allows less than 20% down without PMI, is issued with a contract rather than proven income, and generally ignores the student loan burden.
In this guest post, Beau Ellenbecker, DO, gives the straight scoop on the military medical school scholarship (HPSP) program, revealing the benefits and downsides.
Basketball star Shaquille O'Neal not only got a doctorate, but he also became adept at turning his income into real wealth. Learn his lessons here.
Families working together across the generations can be a true wealth-producing machine -- far more powerful than any other personal finance concept.
Let's Call Your Debt to Income Ratio what it Really is: Your Debt Slave Ratio. That's really what debt is since the borrower is slave to the lender.
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In personal finance, like in most areas of life, some things matter more than others. Here are the ten things that matter most.
Residents make the average American household income. How can you raise a family on that? Here are 6 tips to make it work.
I learned recently about an alternative to purchasing a PPACA-compliant health insurance plan. There are three organizations whose members are exempted from PPACA penalties (see pages 107 and 128), S...
Sometimes, smart people simply aren't aware of the financial issues they need to take care of. New physicians either need to do their own financial planning, or pay someone else to assist them with i...
The first thing that needs to be said here is that I am a huge fan of The White Coat Investor. As a doctor who blogs about finance this site has proven to be an indispensable resource that I find myse...
As a long time reader of The White Coat Investor I’m very interested in investing a physician’s earnings toward financial independence and early retirement. What makes me a little different is that I...
[Editor's Note: This article was originally published in the ACEP Young Physicians Section Newsletter a few months ago. There isn't an electronic copy of the newsletter to link to, so I've decided to...
A home is an investment, for better or worse. It has expenses, has capital gains (or losses) and pays dividends (saved rent.) Invest wisely.
By Dr. James M. Dahle, WCI Founder There are two cities in this world that always make me feel poor, no matter what my income when I go there, London and New York City. I returned recently from a very...
I recently had an article published on The Student Doctor Network (SDN) entitled Financial Considerations For the Student Doctor. It is aimed squarely at medical students and their financial needs, b...
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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