Dear Readers

Hi There, I’m Elva, apbka (also, previously, briefly, known as) Wise Money Shopper. Amanda, aka Dr. Wise Money, was my sister.

6 $ Tips I Would Tell Dear Younger Me

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

Money Chased Me the Second I Stopped Chasing

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

Top 5 Ways Yoga Helps Make Me a Millionaire

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

3 Things Society Doesn’t Know About Doctors

A Chinese folktale goes like this,   A magnificent Buddha statute sits at the mountain top where worshipers climb 100’s of 1000’s steps of stairs to arrive at his foot and to kneel down in prayers. One day, the slab

Money, Medicine, Motherhood, & the Presence of Mind: Moving up in Life

As I was on my mat today at a Yoga class, getting my as* kicked. I realized that I’ve progressed through four learning stages of my life… although at times still oscillating between the last 2 most challenging discipline to

5 Ways Good Finance Parallels Good Cooking

Having grown up on the kitchen counter while my gourmet chef mother cooks, surrounded by the aroma of her 24 hour simmer chicken broth, and her 200+ types of wines jam packed in our 1,000 square foot apartment, cooking is

5 Ways to Stay in Clinical Medicine & Be Happy

My hero and mentor recently wrote “5 Ways to Get Out of Clinical Medicine.” His article inspired me to write “5 Ways to Stay in Clinical Medicine & Be Happy.”   Even though I am radiology resident and frequently seen

8 Wealth-Fulfilling Prophecies

We are so hard on ourselves sometimes that we jam-pack our mind with self-defeating prophecies. Some of us do so before a big, expensive, high-stake standardized exam, prohibiting our hard-earned knowledge and experience to shine through the test questions as

5 Ways to Keep More $

  Keep $ from Uncle Sam’s claws legally. Set up a business. What is your hobby? Turn it into a business by submitting some simple documentations to set up a Liability Limited Cooperation (LLC.) My hobby is to help every

8 Wealth-Defeating Prophecies

We are the kings and queens of self-defeating prophecies. We place such high internal standards that we failed before we even tried. While everyone around us would be clapping hands at our valiant efforts or excellent performances, we thought our

5 Ways Busy Docs Make Easy $

  Use credit cards. Credit cards save me time. I don’t carry or count any cash. I know down to the penny (if I’d like) where my money goes because it’s all charged on 1 credit card. Credit cards save

5 Doctor-Proof Rules to Wealth

We are our own worst enemies and harshest critics. I find this true frequently of my over-achieving USMLE step students who clearly master the content of medical school curriculum but suffer perpetual test anxiety and disproportionately low performance on standardized

5 Reasons I’m cutting My First Attending Paycheck in Half

I asked a few wise, seasoned, and revered radiologists, what is the minimum amount of work days per week a radiologist need to stay sharp in her trade? Average answer is 2 days per week. That’s the sweet balance I

5 Reasons to Not be a Doc, If You Wanna Be Rich.

Perhaps I’m preaching to the choir. It’s not hard to know that you are poor when you are in you 35 without a house, with a 20 year old Honda accord, without money in retirement savings, and with a student

5 Lessons a Penniless-Immigrant-Turned-Multimillionaire Aunt Taught Me

20-year-old and broken-hearted, she decided to leave Taiwan and start a new life. She literally “jumped the plane” and landed in LA California after finding her then fiancé cheated on her. She wanted a new beginning and have heard of

5 Reasons I’m Hard Working & Happy Wherever I Go

If you are not into details, skip straight pass the blue texts, which provide the background incident that inspired me to write this post. But the 5 points are listed in the black texts following the blue ones 🙂 I

5 Doctor-Proof Tips to Great Wealth: S.P.E.C.T.

Medicine is a profession of acronym, so here is one for your money and wealth. S.P.E.C.T. stands for Simple, Passive, Emotionless, Cheap, & Time. As physicians, we know our trade well, naturally, after spending an average of 23-27 years studying

Morbidly Obese & Morbidly Malnourished

Today, we did (6 moths ago) a fluoroscopic upper GI series on a patient, my age, who’s 700 lbs. I was so depressed when I saw her entire bare back with excess subcutaneous adipose tissue hanging in rolls behind her

4 Ways to Tax-Free Money Everyone Should Try

1.       Cash back from credit cards. We all need to eat. Buy your groceries, and in fact all your necessities with a credit card with good cash back. While most people settle for cash back of 1-2%, with a little