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.
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...
I love it when people write personal finance and investing books aimed at physicians. I love it even more when they are written BY physicians FOR physicians. I am far more forgiving of differences o...
Investors and dieters have many things in common. Getting rich and getting skinny both take a long time. Don't look for shortcuts.
How much is a new residency graduate worth to a prospective employer? Here's how to get paid what you're worth and stop leaving money on the table.
By Dr. Matthew McDougall, Guest Writer Like all areas of the military, the Army National Guard (ANG) needs doctors. I'm sure you've seen the commercials for the Guard before—one weekend a month and tw...
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I don't want my children to be saddled with student loan debt but I also want them to learn to be hardworking and self-reliant. Here's how to help THEM pay for their college.
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...
Medical school may not have taught you about money, but we will.
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