5 Job Titles Instead of Saying You Are a Doctor

Don’t tell me you’ve never done this: deliberately avoid revealing that you are doctor. Whether it is like White Coat Investor, who rightfully thinks that he may get a better deal if the sales person doesn’t know he’s a doctor,

5 Lessons a Harvard-Stanford Trained Radiologist Taught Me

I recently had to see a dear mentor off, as she leaves UA medical imaging to join her family on the East Coast. She was a gem in our program. Many people were really sad to see her leave, but

6 Financial & Professional Advantages of the Small Fish in the Ocean

While it may seem nice to be the big fish in a small pond, it is not at all the most advantageous position for rapid progress and ever-climatic serial successes.  1.       Many to learn from in immediate surrounding. While I

My Debt is Better Than Hers: 5 Reasons Credit Card Debt Trumps Student Loans

1.       Are you kidding me? Look at the interest rate! First off the highest interest rate I have ever paid to a credit card company is 1.7%. In fact I have not paid a penny of interest other than that

Tax-Sheltered Savings Beyond 401k, Roth IRA, & 529-Expert Sessions with Johanna Fox CPA,CPF,RLP

It was a pleasure to have “sat” with Johanna Fox CPA,CPF,RLP this early Saturday morning (via face time, in the comforts of our respective home offices.) As I need more tax-efficient space to save money beyond (my Roth IRA, Roth

My Million Dollar Mistakes, Your Free Lessons

Top 5 Mistakes Which Made Me Money Wise Today   There’s Chinese folktale. There is temple on a mountain so high that people believe it reaches the heaven. In the temple, sits the statue of a Buddha, which took 100

5 Tips to Reach Your First 100k

As I’m targeting a net worth of 75k (~125k in assets) by the end of 2016 tax, I thought it’s good to reflect back on how I managed to build up 100k in assets as a PGY3. Old Chinese saying

What Resident Meal Card Taught Me about Retirement

  Don’t spend money just because you have it. I see residents buying $3.50 brownies, $2 surgary, or worst diet drinks from the cafeteria. I would never do that for a multitude of reasons. For one, drinks loaded with sugar

5 Ways Having More Harms Us

Chinese proverb says, “Grandfather dies of hunger, father dies of exhaustion, son dies of decadence.” What pitiful progression of generations.   I’d venture to say that most attending doctors have children who pretty much have everything their heart desire at

How I Paid off My Student Loans at 30 as PGY1.

I hate debt with a vengeance. It all started when I was about 5 years old. I became aware of the dire financial situation my family was in. Debt collectors paid daily visits at our apartment door. I was scared

5 Myths about Doctor’s Kid(s)

Like anyone else, doctor and doctor’s wife (or doctor and doctor’s husband), their children means a whole world to them. Yes it does suck to miss lots of their milestones while you are working inhumane hours at the hospital saving

5 Ways Need for Less Felt as Want for More: Perpetuating the Consuming Poor

This post calls out to those who have made it to attending-hood, having experienced and habituated to the great pay raise going from the last day of PGY to first day of attending-hood.   Look back at your life. When were

Big Bad Bank Lesson #1

Big Bad Bank Lesson #1: It Takes (Someone Else’s) Money to Make Money.   People say it takes money to make money. Not true. Just look at the big bad banks. It takes big banks Nothing to make money. What do

5 Myths about the Dr.’s Wife (or Husband)

The 9,000+ views and counting of my recent article 5 myths about doctors our society believes made me realize that we are all interested in raising awareness on the personal and professional life of doctors with the ultimate goal of getting more

5 Ways 8 Year Old Mini Makes Her Own $

5 Ways 8 Year Old Mini Makes Her Own $

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

Why Low Interest Rates Don’t Matter (Guest Post)

A common question I hear is what to do with money that you are saving for a short-term goal, such as a car replacement, a wedding, or a special trip. Let’s face it – nobody is getting rich off money

Self-Employed Options for Tax-Advantaged Savings

Self-Employed Options for Tax-Advantaged Savings

I enjoy being my own boss, especially after I learn how much American businesses are supported financially from the perspective of tax efficiency. I was also happy to learn more about the awesome flexibility, options, and much higher limits of tax-advantaged savings available

10 Tips to Keep More of Your $

Name of the game, it’s how much you keep, not how much you make. I’m not advocating extreme financial hoarding, I’m advocating smart stewardship of your hard earned dollars. Like WCI always says, physicians have won half of the wealth

Financial Heroes: PoF #1 Champion for Physicians Seeking F.I.R.E.

What do you do for a living? These hands save lives, or something like that. They do place endotracheal tubes, epidural catheters, peripheral nerve blocks, and NG tubes. I’m an anesthesiologist, and I’ve been in practice for a little more

Mini Wise Money’s College Fund: Selection, Final 4

Mini Wise Money’s College Fund: Selection, Final 4

Mini Wise Money’s 529 Finalists:   The Vanguard 529 Savings Plan Nevada Nevada ‘s Vanguard 529 Savings Plan is administered by Ascensus College Savings but carries the Vanguard brand and features a wide offering of Vanguard mutual funds in its age-based