WCI columnist and pediatrician Dr. Margaret Curtis and Dr. Jim Dahle answer questions about paying down debt vs. investing, if it's better to rent or buy in this market, and how you know if you are getting good advice at a fair price.
The Mint budgeting and personal finance app won't be available for much longer. Here's why that's disappointing—and what you should do next.
Here’s how we could throw (and cash-flow) a lavish celebration weekend for our family while keeping it within reason of our budget.
Want to invest in an alternative real estate class that has low correlation to stocks and bonds? Investing in farmland might be the answer.
If you’ve built wealth, you need to think about the tax implications of the assets you'll pass on. A dynasty trust could be your answer.
Here's a list of companies offering discounts to healthcare workers in appreciation for all you do. NEWLY UPDATED for the 2023 holidays!
An interview with Van Carlson of SRA 831(b) Admin where we talk all about captive insurance and who it is for, how to evaluate a good plan, how much capital a captive should have, and how to set premiums.
For many families, the fall and winter seasons bring with them an abundance of gift-giving occasions. Here are the savviest presents to give.
Are solo 401(k)s better than SEP-IRAs for an independent contractor? Here are the pros and cons of both plans for your small business.
In researching equities, the returns are easily found. Not so for risk metrics. So, how can investors think about risk to make good decisions?
The terms soft living and soft saving have entered the online ether, and the younger generations are interested. Here's what to know.
Seeing a warning about unsettled funds can be startling. Here's what to know if you're buying investments with money that's not really there.
Finding ways to integrate fun and fitness into your daily routine can significantly enhance your personal and professional life.
Answering reader questions about the best way to lose the least amount of money from an indexed universal life policy, if savings bonds can go into 529s, and whether a previous surgery will affect this medical student's future disability insurance.
Get a tax plan in place to better manage your wealth in 2024. Start by understanding the 2024 tax brackets and how they work.
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.
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 big desire to buy a house. But it's a 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.
Many beginning investors feel overwhelmed when trying to design and implement their investment portfolios. This detailed plan should help.
Learn the basics of real estate investing—from hard money loans to mezzanine debt, capital stacks to waterfalls, depreciation, 1031 exchanges, strategies, and lots more.
How much longer can I do this job? I'd wondered that for years, but now I needed to make a choice: retire early or find something else to do.
Stress is all but guaranteed in the medical profession. But here are some medical specialties that are more stressful than others.
The secret to becoming a wealthy physician is contained in these four words: "Live Like A Resident." Earn like an attending, but spend like a resident to become very wealthy, very fast.
The absence of a plan was intoxicating. I could go anywhere. My colleagues threw a party. I walked out of that hospital and never went back.
In my marriage, I'm the primary earner. Here's how I think about bucking customary gender-based norms and making more money than my husband.
This Backdoor Roth IRA tutorial takes you step-by-step through the contribution process including Form 8606, tax implications, common mistakes, and lots more.
As a "moderate-income" high earner, I'm sharing our household income, estimated taxes, spending projections, and expected savings rate.
What are the most unbiased, accurate, high-yielding, current, and entertaining financial books for doctors and other high income professionals? Here you go!
More physicians are organizing, and some have begun to strike to earn better pay and benefits. Are striking doctors the right answer, though?
Your financial and fitness goals often share the same principles. Here's what to know about getting in shape—with your body and your money.