Low Income Doctor in a High Cost of Living Area (HCOL)
It's not impossible to reach financial security as a low-income doc in a high COLA but success is surely more difficult. These tips will help you get there.
It's not impossible to reach financial security as a low-income doc in a high COLA but success is surely more difficult. These tips will help you get there.
We all practice evidence-based medicine. Maybe we practice evidence-based investing. But do we practice evidence-based living?
Most of the time the information on this site helps you to get rich. Today, we're going to talk about how to feel rich. It can be surprisingly hard.
Physician on FIRE describes his rapid path to financial independence. Silver spoon? Maybe a little, but mostly just benefitted from parents who talked about money.
Physician on FIRE discusses the lifestyles of four doctors and the effect of those choices on their retirement date. Want to retire sooner? Spend less!
Our first Kid's Korner Kolumn discusses the lessons learned in the household of a White Coat Investor. Share it with your kids!
We had a hemorrhage recently. It was bad. It was a financial hemorrhage. There was a lot of fun involved, and no serious damage, but we did learn some lessons.
Physicians and other high income professionals don't need to adopt the habits of the extreme early retirement crowd in order to be financially successful. A moderate approach may help you optimize your happiness and your finances.
We had a great trip to Belize recently and learned a few lessons, mostly about how to trade money for happiness.
Consumption smoothing is using debt and savings to ensure a constant level of spending throughout your life. It's a bad idea. Don't do it.
Take a peek behind the curtain at what an actual, real life WCI Family Budget Meeting looks like. Trust me, it's more boring than you might think.
Like to spend less time worrying about finances and more time on things that matter most? Here are 6 ways to maximize your time as well as your investments.
Craig Daste thinks fancy cars bought on credit are worth it. I think he's wrong. You decide for yourself.
WCI received sudden notice that he's out of work as of today. What will he do? How will he eat? How will he keep the wolves from the door?
The WCI family spent a whole bunch of money again, this time buying their first brand new car. There are a few lessons to be learned from the experience.