5 Things Zootopia Taught Us about Money Success

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

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

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

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

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

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

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

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

DWM First Net Worth Update Since 2015 January (on White Coat Investor)

Welcome to the first DWM Net Worth Update.  This is inspired by my great friend/ colleague/ fellow blogger Future Proof MD. He’s such a smart and organized dude that I decide to use his template for my net worth updates

From Josh, America’s Coach in Physician Home Buying

[Josh is a good friend of mine who has a great deal of knowledge and expertise in physician home mortgage.  I’m happy to share a series of educational posts from him regarding this topic. So here you go, Josh’s debut

DWM Grand Rounds #1: Doc-to-Doc on Personal Finance

DWM Grand Rounds #1: Doc-to-Doc on Personal Finance

Title: Doc-to-Doc on Personal Finance & Physician Support Initiative   Highlights: Student loan management Public Service Loan Forgiveness Maximize Tax Efficiency/ Investment Return Physician Support Initiative P.S.I.   Date & Time:                                                              Location: July 6th, 2016 12-1 pm        

All the Right Plastics in All the Right Places.

All the Right Plastics in All the Right Places.

  I love credit cards. They have helped me pay for medical school expenses/tuition on 0% APR, reduced my overall med school debt by 60k in interest, given me lots of cash back & rewards, allowed me to channel my cash flow into my retirement and Mini’s

How I Contributed $23.5k to Roth IRA/Roth 403b in 2015 as PGY2

How I Contributed $23.5k to Roth IRA/Roth 403b in 2015 as PGY2

I’m a big proponent of maxing out available Roth space during low income/training years. However, most of us don’t have enough income to put $23,500 post-tax dollars away on resident/fellow income. Below I will share how I contributed $23,500 post-tax

Living Richly Today: A More Relatable Dr. Wise Money

Living Richly Today: A More Relatable Dr. Wise Money

When my colleague/collaborator White Coat Money published my guest post: How I Contributed $23.5k to Roth IRA/Roth 403b in 2015 as PGY2, he began the post with this editorial caveat: The following post describes a task that requires significant financial

Revised Pay As You Earn (REPAYE) or Refinance?

Revised Pay As You Earn (REPAYE) or Refinance?

This is an in-depth discussion about whether to go for Revised Paye As You Earn (REPAYE) or refinance your student loans with private banks like DRB or LinkCapital. Reader wrote: “My current thought is if someone wants to stay and

Company Match Q&A Part II

Anyone who enjoys getting 100% instant return on their invested dollar is excited about getting a company match. This post is the 2nd part of 3-post series to answer all your questions on maximizing your company match. While this series answers specific questions

Company Match Q&A Part I

Company Match Q&A Part I

  Anyone who enjoys getting 100% instant return on their invested dollar is excited about getting a company match. However, the information on how exactly the employer match works is not easy to obtain, especially for a large organization like

Physician Debt and Net Worth Report 2015

This reports surveyed nearly 20,000 doctors across 26 specialties with margin of error <1%.* Two slides I found particularly informative are: Physicians’ Net Worth by Age “Over 90% of physicians younger than 28 years of age were worth less than $500,000. Net