7 Daily Habits to Become a Financial Superhero
Today's guest believes his 7 daily habits can transform anyone from being a mere mortal to a financial superhero.
Today's guest believes his 7 daily habits can transform anyone from being a mere mortal to a financial superhero.
I don't usually learn much from most financial books but this one's an exception. Chances are you'll find tips to reduce your tax burden too.
What are you doing to boost your financial literacy this year? Reviewing a stack of books to give you some new options.
How do you choose the right side hustle? Here are some tips from Passive Income M.D. to help you take that leap of faith.
Infinite Banking is often hyped as a magic way to build wealth. Understand the concept behind it and realize it's not as sexy as sold.
Discussing finances in Canada today. Also talking UTMAs, "separately managed accounts", over-contributing to a 457(b), tax-deductible student loan payments & lots more.
I worry when someone takes money out of their retirement accounts to invest in real estate. But, could it be the right move for some docs?
Combine whole life insurance with investing and you end up with the WORST from both worlds. Here are 10 reasons to keep them separate.
Registration is open for WCICON21, a virtual live event on March 4-6th 2021! It's packed with 50+ hrs of high-yield content not to be missed!
Considering opening a Vanguard brokerage account? Here's TPPs step-by-step guide for getting it done quickly and easily.
I'm always interested in finding good private real estate lending funds. Here's why I like this asset class so much and what I look for in a fund.
You just made partner but your practice decides to sell to private equity. What should you do? Also talking 100% stock portfolios, dividend investing, ABLE Accounts, and lots more.
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 crucial insurance for the vast majority of physicians to secure. Buy it right the first time and you may never have to do it again.
The Roth IRA is a great start for building your nest egg. There's no better vehicle for 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.
New residents have a burning desire to buy a house but it's 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 Form 8606. Get it done right and avoid costly mistakes.
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 breeds 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 6 things done and checked off on your "to-do" list.