Stuff We Waited To Buy
There's an alternative way to wealth that doesn't require living a Spartan life. Simply delay, by a few months or even years, the major purchases in life.
There's an alternative way to wealth that doesn't require living a Spartan life. Simply delay, by a few months or even years, the major purchases in life.
Today I review, "Retirement Planning for Young Physicians" by Ralph Crew. If I haven't convinced you to save for retirement, this book should scare you into doing so.
Carve out a large percentage of your income for building wealth and then spend the rest on what REALLY makes you happy. Forget the other stuff!
What does it really mean financially to choose a lower-paying medical specialty? Today, I quantify that question with surprising results.
Driving an inexpensive car is a wealth-building machine. The difference between driving a $5,000 car and an expensive one is over $1 million in a lifetime.
The Frugal Physician paid off $208K of student loans in 17 months living "generally frugal" and "selectively extravagant". Here's her formula for success.
What does an abundant life look like to you? For PIMD it's having the resources to live and give how he wants and spending money on experiences over things.
Here are guidelines to know if you should fix your old car or replace it. Also talking ETFs, buying too much house, disability insurance denials, and more.
What is it about Teslas that cause doctors to go a little nuts? Admit they are luxury items then decide if you can truly afford the cost to own one.
Want proof that you should "Live Like a Resident" after residency? TPP puts the numbers to the test proving that the lifestyle is essential for FI.
Could you live on a five-figure budget while earning a seven-figure income? Financial advice today from PoF for a stealth wealth doc.
Emergency funds are a great idea. However, in practice, it seems that by the time you really have one, you no longer need it.
Financial tips and strategies are outlined today for ODs, NPs, PAs, Pharmacists, etc. that are trying to build wealth on a low income.
If your savings rate is less than 30% it's time to delcare "WAR" on debt and increasing your savings rate. TPP shares his ideas to make it happen.
PoF explores the internal struggle of minimalism vs frugality. What he discovers may bring you closer to realizing your own financial independence.
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