The transition from active duty to civilian life can be a difficult one, especially when a young physician is returning to residency training. One of the stresses is the substantial salary reduction...
Financial conflicts of interest are omnipresent, especially when it comes to financial advice. There are a number of finance-related tasks that need to be done to manage your finances, and there are...
This is a guest post written by Keith Roxo, a graduate of both the Naval Academy and Top Gun (yes, that Top Gun) who will be starting medical school at USUHS this fall. The Health Professions Scholars...
All right, I'm biased. I'll admit it. I think doctors, especially me, should make a gazillion dollars. Now that we have that disclosure out of the way, I'd like to explore five reasons why we (as a...
My general advice is to not buy "consumer insurance" like warranties on appliances. The mantra is that you should insure against financial catastrophe, and self-insure against the rest. I spend lots...
There are lots of financial benefits of being a doctor in the military. Very few of them are easy to understand, however. Unlike in the Vietnam era, our citizens and politicians are currently very k...
I've learned a few things recently as a result of becoming an unintentional landlord. After trying to sell my previous home for well over a year without success, I turned it into a rental property. ...
Peer to peer lending as an investment is new, and there isn't much data out there. To make things worse, the companies occasionally tweak their methods for rating loans, their methods to decid...
By Dr. Jim Dahle, WCI Founder There was a time in the not too distant past when dad went to work to bring home the bacon, and mom stayed home, raising kids, running a household, and involving herself...
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.
Stanley and Danko, in their classic The Millionaire Next Door, discussed a rule of thumb to determine if you were an average accumulator of wealth, an under-accumulator of wealth, or a prodigious accu...
By Dr. Jim Dahle, WCI Founder I've been getting some questions from students, residents, and new attendings about dealing with student loans and some of the changes that have taken place since I went...
How much happiness does money really buy? Probably a lot less than you think. Here are 8 tips on how to maximize happiness through purposeful spending.
Here are 8 steps to automate your financial life and help you reach your goals of financial freedom.