You know who you are. You drive an older car, mow the lawn, and live in a middle-class neighborhood. Your secret is your multi-million dollar net worth and your pending early retirement.
PIMD shares what he's learned as he's begun the process of making sure his aging parents were financially taken care of.
Physician on FIRE's step-by-step guide to donating to charities via a donor-advised fund using both Vanguard and Fidelity. A DAF can be a quick and easy way to give generously this year.
Most docs like the idea of starting a side hustle but are bogged down by obstacles in their way. PIMD believes you CAN do this successfully despite the challenges often holding a physician back.
Physician on FIRE compares the cost of a 10% tithe with typical investment fees of 1-2% and shows that generous giving is pretty great.
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.
The WCI Network is all together tackling topics like investing in REITs vs owning individual rental properties, achieving FIRE without the side-hustle income, and lots more. Entertaining and informative, don't miss this one!
Understanding the "cashflow quadrant" can help you change from an employee to an investor mindset and move you closer to financial freedom.