A common theme seems to run through most doctors lives as they progress through residency, and that’s being pitched by insurance salespeople.
Read MoreThere’s a fairly common phrase among doctors and other medical professionals when it comes to building wealth and that is “live like a resident”.
Read MoreFor those of you following along at home, you’ll know that I’ve spent a fair amount of time talking about the financial decisions and financial knowledge you should have while in residency.
Read MoreThe decision between paying off debt or investing is a big one, but probably not as big as you might think. Many people struggle with this decision because they feel as though they need to make the right choice, but in reality both are good decisions.
Read MoreMany people in well paying careers find that talking about money is a bit of a taboo subject for a few reasons, either they don’t want to come off as arrogant for being in a well paying career or they have spent most of their life learning about something specific and haven’t devoted the time necessary to understanding finance.
Read MoreTo continue on from my post yesterday about why resident’s shouldn’t buy houses, I wanted to address patience, and why it can be a huge asset to building a solid financial foundation.
Read MoreAfter yesterday’s broad post on the effects of pulling out of the Iran Deal, I wanted to regain focus a bit and give some reasons it’s better to wait on buying a home if you’re a resident.
Read MoreToday I wanted to talk about a major problem that people in the US are having with retirement accounts that can be fixed by being diligent and aware as you enter the workforce. The issue is not about not having saved enough for retirement, although that is an issue, but more that people lose track of retirement accounts and pensions.
Read MoreToday I wanted to switch up my focus a little and talk about some of the basics of the financial world in what I’m calling Financial Literacy Friday. This will be an ongoing feature on Friday’s as I go over and explain various terms and concepts within finance.
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