No. Budgets are Not Sexy.
Physician on FIRE thinks budgets are about as sexy as granny's panties. What IS sexy is spending mindfully and with purpose. That's a mindset beyond budgeting that you don't get from an envelope system or an app.
Physician on FIRE thinks budgets are about as sexy as granny's panties. What IS sexy is spending mindfully and with purpose. That's a mindset beyond budgeting that you don't get from an envelope system or an app.
Time goes by way too fast. There are limited hours, days, and summers for each of us. PIMD reminds us to not get so caught up in making money that we miss out on making our dream life a reality.
How will you spend your time in retirement? Hopefully doing more of the things you wish you had time for right now! Here's Physician on FIRE's list for how he plans to fill those hours.
What advice would you give to someone just starting out their professional career? Physician on FIRE has a few pearls of wisdom to share that might surprise you.
PIMD takes a look at how to use the 1031 Exchange for avoiding capital gains taxes on your real estate investments. Start to learn and apply the rules today for long-term real estate success.
What's a 'Christopher Guest' post? It's an interview series run by Physician on FIRE. Today, it's me – with the "amp all the way up to 11" – answering questions.
There are so many ways to lose money investing in real estate that if someone is willing to share their mistakes, be smart enough to learn from them.
Want to reach financial independence quickly? Middle America has advantages over the big cities with higher salaries and a drastically lower cost of living.
Find out why PIMD thinks it's a good real estate diversification strategy for doctors to invest in single-family rentals as well as multi-family properties. Lots of pros and cons for both.
What are your reasons for early retirement? You might be surprised by the reasons Physician on FIRE has decided to pursue FIRE.
You've heard that owning your home is the best investment you'll ever make, but is it true? PIMD believes it is and counts it in his total net worth. Find out why.
This post is about a good friend of mine, Battle of Bastogne Vet Taylor Larimore. He's in his mid-90s and provides a lifeline of wisdom in the foundering seas of what constitutes investment information these days.
There is a new look to retirement. It's no longer just a date on the calendar when you switch from full-time to not working at all. Here's a look at PIMD's gradual retirement.
Financial lessons to be learned from Prince? You bet. That Raspberry Beret wasn't bought on credit at Bloomingdale's but at a secondhand store. I'd wager she has more money than most doc's driving that Little Red Corvette. Here's Physician on FIRE's tribute to the legend.
PIMD has had many successful business partnerships with friends. Here's how he makes it work so well.