Avoiding Buyer’s Remorse with Intentional Spending
Do your spending habits leave you with buyer's remorse? Here's TPP's strategy for promoting health and wealth through your relationship with money.
Do your spending habits leave you with buyer's remorse? Here's TPP's strategy for promoting health and wealth through your relationship with money.
Here's an update on how my various real estate holdings are faring through the coronavirus pandemic.
What questions should you ask to determine the best state to invest in real estate? Also talking mortgage forbearance, multiple 401(k) rules, PAYE vs REPAYE, mega backdoor Roth contributions, and lots more.
Cash rich dual high-income couples with no kids (DINKS) can still easily blow through their retirement savings. Today's guest thinks there are 4 things they need to get right.
Roth Conversions aren't complicated. The decision about whether or not to do one and how much to convert absolutely can be. Here is a guide to help.
I'm honored to be in such fine company announcing this year's winner and nominees of the annual WCI Financial Educator of the Year award.
Physician on FIRE warns about the many ways having a high income can actually get in the way of building wealth.
Should you follow Dave Ramsey's recommended asset allocation for your portfolio? Maybe. We'll have to decipher it first.
Today's guest shares her story of financial infidelity -- a spouse who was hiding a gambling addiction. Lots of important lessons for everyone to learn from her story.
Don't let your home construction or remodeling project turn into a costly mess. Follow these simple principles and get the job done right.
Everyone serious about personal finances should visit Mr. Money Mustache. You'll realize that you can be happy working and spending less then you are now.
I can talk until I'm blue in the face about how to build a portfolio, but maybe it is easier to just show you.
There are now more options than ever to refinance your student loans while still in residency. Easy payments and less interest accrual is a winning combination for those not going for PSLF.
After much thought, our portfolio is changing this year from one reasonable portfolio to another. We'll see how it goes. Update in a decade.
Here are 8 steps to automate your financial life and help you reach your goals of financial freedom.
Student loans stink. To make matters worse, figuring out what to do with them can seem complicated. Here I present a flowchart that should help clear up the confusion.
Rich people don't "manage" debt. They eliminate it. Not stupidly, but reasonably and consistently. It's a behavioral thing, not a math thing.
Disability insurance is a key type of insurance for the vast majority of physicians and other high-income professionals. Buy it right the first time and you may never have to do it again.
Roth IRAs have a lot of advantages with regards to investing, tax reduction, asset protection, and estate planning.
Peer to Peer Lending (P2PL) is a relatively new asset class I've been investing in for a few years with good success. The risks are high, but the low correlation with the rest of your portfolio coupled with the high returns make it worth looking into.
Bloggers and authors often tell you that you'll be super happy once you're financially independent. They might not know what they're talking about.
Graduating medical students (and especially their spouses) have a burning desire to buy a house to feel like they've finally made it. If they're smart, they'll curb it. Buying a house in residency is a huge gamble of your time and money at a period of life when you have little of either..
Don’t make these seven common mistakes that cause doctors to fall short in reaching financial success.
The secret to becoming a wealthy physician is contained in these four words: "Live Like A Resident." If you're earning like an attending, but spending like a resident, you will become very wealthy, very fast.
A good investment portfolio is broadly diversified, low-cost, passively managed, regularly rebalanced, and consistent with its owner's need, ability, and desire to take risk.
This Backdoor Roth IRA tutorial takes you step by step through the contribution process including how to fill out IRS Form 8606. We'll show you how to get it done right and avoid mistakes that can cost you time and money.
Every investor needs a written Investment Policy Statement. Here are a few pieces out of mine and ideas for what you ought to consider including in yours.
Financial knowledge isn't enough. Without the X Factor, you'll never reach financial success. Motivation breeds hard work and discipline, which in turn breed wealth.
Guest blogger Dr. Wise Money explains how REPAYE works and shows how you can decide if it is right for you. The lower your income and the higher your debt, the more likely REPAYE is for you.
One of the pearls Dave has contributed to the personal finance lexicon are his "Baby-Steps." They seem aimed at the financially clueless, but they still have merit for the more knowledgeable.
People take too long to kick Sallie Mae out of the spare room. Here are ten reasons why you should pay off those student loans in 2-5 years.
There are a few important financial chores every busy resident would be foolish to ignore. Get these 5 things done and checked off on your "to-do" list.