Army National Guard Physicians

[Editor's Note:  This is a guest post by Matthew McDougall, MD, a regular reader and a PGYII in Psychiatry at the University of South Dakota.  In medical school, he was an Army med student/physician r...

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1035 Exchanges Friday Q&A

Q. 1) I am the owner of a whole life policy through Northwestern Mutual. I have owned it since 1999 and have approximately 22K in cash value. Given the low interest environment these days, I think it...

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Long Term Care Insurance

Q. My wife and I have been advised to purchase long term care insurance for our parents. It's unlikely that either family could afford 65k/yr to care for themselves if needed. It's for them, but essen...

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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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