Last year after finalizing the process of taking over this, my sister’s blog & domain, and after organizing her memorial and inurnment, I wrote a post announcing that I’d be the new resident blogger behind Dr Wise Money here.
Society and illness often encounter each other in parallel mirrors, each holding up a Rorschach test for the other. – Siddhartha Mukherjee
Doctors are rich. Are you kidding? How rich do you feel when you are 36 years old, just starting your first real doctor’s job, with half a million dollar worth of student loans at 7% interest rate with
Life is a trajectory. Wealth or poverty could be a lifelong or even multi-generational directional evolution. We are each journeying in the direction of greater or less wealth. Instead of comparing with one another, it’s helpful to see where we
Mini Wise Money’s dad gave her a flight lesson (and more to come) as her return from China trip present. I was honorably chosen to be her passenger while her dad, her grandpa, and our dog Lola observed from the
“When wealth is lost, nothing is lost. When health is lost, something is lost. When character is lost, everything is lost.” –Billy Graham If any of us invest 1% of our intelligence and diligence we pursue and practice medicine with
I recently stumbled upon Overcome FOMO (Fear of Missing Out) in 7 Steps by finance superhero. I was enlightened by this article and decided to write about the ways I personally combat FOMO. FOMO is likely the most prevalent psycho-social
Mini Wise Money requests to switch to Basis Tucson Primary. I was surprised because her friends at Sunrise Drive told Mini how much work and how little fun Basis is all about. I asked Mini, “are you sure, don’t you
Greater patient compliance. It takes us 23 years of minimum training to be a doctor (shortest residency is 3 years.) However, we quickly realized that we could do our best as docs, but don’t get good results if patients
1. Not worth my time to time the market. If a group of PhD economists who study and analyze companies all day long perform as well as a group of monkeys throwing darts in stock selection, why would I bother
I love the kids’ movie Zootopia. I laughed so hard and cried during that movie, frequently turning towards Mini Wise Money, sharing precious moments of inspiration and up-liftedness with her. It’s incredible what we learn as kids from cartoon movies
1. Doctors are the least likely to default on their loans. Low risk lending. Doctors are an honest hard working bunch. The default rate of debt/liability of doctors is a fraction of that the average population. Low risk lending. This
Most of us choose to become physicians because we care more about serving others than making the most money with least effort. In fact, one could argue a career in medicine is the antithesis of maximum money for minimum work.
I’ve been hearing the term “educated dumb” and “commonsense is uncommon” frequently lately. It’s true that to be financially successful, all one needs is commonsense, which is pointed out by a VA nurse who’s retiring at 55, with 750k in
IRS is pretty strict about what you can pay your kids for. In a tax audit, paying an 8 year old 10k a year may seem hard to justify. But I think I have a case with my 8 year
After I wrote about 6 $ Tips I Would Tell Dear Younger Me, I thought I should write to my future self too. If it’s true that we learned everything we needed to learn in life as kindergartners, then I would thank
Hi There, I’m Elva, apbka (also, previously, briefly, known as) Wise Money Shopper. Amanda, aka Dr. Wise Money, was my sister.
I love the song Dear younger me by Mercy Me. “Dear younger me I cannot decide Do I give some speech about how to get the most out of your life Or do I go deep And try to change
I was great at chasing. Anything I chased, I got. Go-getter as they called it. I picked my best friend(s), I picked my career in medicine, I picked specialty and residency programs (as they also picked me), I picked and
After a decade of hardly exercising, I decided to take care of my health at last. I started a 30 day yoga challenge, doing home yoga practice with YouTube instructor the same time I started recording “30 Day Mindful Financial