No More Subsidized Loans

No More Subsidized Loans This may not apply to many of the attendings who read this blog, but for the pre-med and medical student audience, I hope you didn't miss this news item a few weeks ago.  One...

Read on »

Rewards Credit Cards

Rewards Credit Cards In a previous column I wrote about several different types of credit cards.  The type I use most often is a rewards credit card.  These are characterized by their main feature of...

Read on »

Malpractice Study

Malpractice Study- There was a great study on the frequency of malpractice suits and settlements by specialty in the New England Journal of Medicine recently.  Figure 1 contains the meat of the articl...

Read on »

Bonds-Back to Basics

Bonds-Back to Basics This post is part of my Back to Basics series.  The concepts discussed are simple, but also critical, and I've been continually surprised at how poorly understood they are by othe...

Read on »

Types of Credit Cards

Types of Credit Cards I confess, I love using credit cards. I charged over $45,000 on credit cards last year.  I love the convenience of using them to book air travel and to make online purchases.  I...

Read on »

Physician Retirement Survey

Physician Retirement Survey Jackson and Coker recently completed a survey of physicians about retirement. The most interesting statistic in my opinion is that 70% of physicians have changed their reti...

Read on »

Rebalancing- The 5/25 Rule

Rebalancing- The 5/25 Rule My long-time readers (as if there are any on a 3 month old blog) know that I am an advocate for a low-cost, buy-and-hold, static-asset-allocation portfolio. A key component...

Read on »

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..

Read on »

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.

Read on »

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.

Read on »

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.

Read on »

Sign up for our newsletter!

If you haven’t yet signed up for the FREE monthly newsletter and regular blog updates by email, here is where you may do so. You can cancel or change your preferences at any time and I won't spam you.

Founder’s Message

Notifications Mark all as read  |  Clear