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Passive Loss Income Limit

I became a landlord this month.  We finally gave up trying to sell our last home a couple of months ago and put it up for rent.  The renters moved in this month.  We're very excited about not eating t...

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Your Capital To Income Ratio

Your Capital To Income Ratio The Capital to Income Ratio is the most important ratio discussed in Charles Farrell's Your Money Ratios.  It's the ratio of your retirement stash divided by your current...

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Becoming a Capitalist

Becoming a Capitalist Although most of us get this rotten feeling in our gut when we think of the word communist, the word capitalist also often brings an unsavory thought to mind.  We think of the Mo...

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10 Reasons Why Residents Shouldn’t Buy A House

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..

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Live Like a Resident

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.

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Meditation on the Enclosure

The X Factor

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.

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REPAYE Case Studies

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.

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