For 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 MoreMany people have made comparisons between financial advisors and personal trainers because of the role both play in a person’s life and because it’s an easy parallel to draw.
Read MoreThis edition of Financial Literacy Friday is going to deal with reasons for creating and maintaining a will. While this falls under estate planning and the legal profession, it’s such an important piece of literacy that I felt it needed to be included.
Read MorePhysicians and nurses practice evidence-based medicine, and have the opportunity to practice evidence-based investing. However, what about living evidence-based lives?
Read MoreDuring last week’s Financial Literacy Friday, I talked about the importance of net worth and going through the process to calculate your own net worth.
Read MoreI was having a conversation last night about the importance of sticking by your convictions and understanding how your time horizon should affect your behavior.
Read MoreWelcome back to Financial Literacy Friday where we’ll take today to talk a bit about net worth. Net worth is simply the amount by which your assets exceed your liabilities and is a key measure of your financial well-being.
Read MoreToday’s post is a video from Dimensional about their culture of getting the right answer and not defending the wrong answer.
Read MoreThis will be a short post today as it focuses on current events, specifically that a bill has been to sent to the president about rolling back regulations on banks.
Read MoreThis blog will focus specifically on medical interns, and some of the tax deductions that you should make sure you’re taking.
Read MoreI know that the trade war between the US and China doesn’t specifically relate to those in the medical profession, but one of the aims of this blog is break down major current events.
Read MoreWelcome to another edition of Financial Literacy Friday! Today we’re going to discuss the difference between Traditional and Roth IRA’s (Individual Retirement Accounts).
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 MoreThere is a fairly well known concept that’s floating around called “living like a resident” as a way to help medical professionals put themselves on solid financial ground.
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 MoreI have been getting a good amount of questions about index funds as well as potential alternatives, so I wanted to post a video that may help clear some things up.
Read MoreIt’s the end of the week which means another edition of Financial Literacy Friday, and this one will be focusing on the differences between 401k and 403b retirement plans.
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 MoreWhether President Trump will pull out of or continue the Iran Nuclear deal has been speculated on for quite some time, and the decision is due to come down today.
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