If your car payment is greater than your 401(k) contribution, you're not going to build much wealth. So what is the ideal investment to debt ratio?
What would your spending look like if you tracked it for a year? You might be surprised to see what happens when you combine a FIRE mentality with a physician income -- you get very wealthy very quickly.
Dr. Dahle thinks that private school is a waste of money that could be much better spent elsewhere. His assistant editor thinks that education is a top priority and sacrifices of time and money are worth it.