Living Rich Means Being Poor
Doctors can't spend nearly as much as they think if they eventually want to become wealthy. Resist the temptation!
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.
Doctors can't spend nearly as much as they think if they eventually want to become wealthy. Resist the temptation!
While it might not be the Final Hurdle, there is no doubt that understanding your physician employment contract is extremely important. Read this book to learn more.
Are you worried about your parents lack of financial acumen and resources? Wondering what you can do to help? Read this for some specific ideas of what you can do.
Should you get rid of all your debt before you retire? Maybe not says this controversial new book. But there are risks involved.
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.
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Really want to minimize your medical school debt? Here's how to do it—take out only as much as you need and do it as late as possible. Credit cards can help.
This book makes excellent points about being an entrepreneur and spending your life doing that which will make you happiest. If you want look at alternative philosophies to Bogleheadism, it isn't a bad place to start.
You can still be successful financially when you work and live in a very high cost-of-living area. Read this to find out how.
Here are ways to improve your chances of matching into a residency program and what to do if you do not match. When dealing with a medical school catastrophe the best thing to do is to prevent it. Any med student who is paying attention should see this type of risk at least a couple of years out.
It seems a shame to make a physician salary and spend 80 years living like you're a resident. Luckily, you don't have to do this to be financially successful. You do have to be relatively frugal.
Retire Secure, by James Lange, is the best financial book I have read in the last year. I recommend you read it. However, it is not the first financial book you should read.
One of the best antidotes I have found to feeling pessimistic about the future is the optimization of a doctor’s personal financial situation, including these four suggestions.
Having a high income has its downsides, especially with regards to tax rates. But a low income is no piece of cake either.
Pay off your mortgage instantaneously, without raiding retirement accounts. Using these steps will put money in a relatively liquid taxable account to use to pay off the entire mortgage.
Should you go for forgiveness or try to refinance student loans? When should you pay off debt vs. invest? Here are the 10 best ways manage your debt.
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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