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

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 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        

The Day I Started with Nothing…

The Day I Started with Nothing…

I will always remember how dreadful it seemed when I learned that my cost of attendance for 2010-2011 (first year of medical school) was about 90k… I’ve never made 90k a year prior to starting medical school (in fact, I still

Top 10 Ways Mini Will Pay for Her College… on Her Own (Mostly)

Top 10 Ways Mini Will Pay for Her College… on Her Own (Mostly)

I just started funding Mini’s 529 this year with goal of maxing out first 2 years @ 14k each. I’m front loader in all things I deem worthwhile: studying, investing, or building businesses. Since Mini can be heading to college

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

Christmas, a gift that keeps on giving!

Are you scratching your head for gift ideas? For most of us, we have everything we need. It is increasingly hard to come up with gifts that really add value to one’s life. Does my kid need yet another toy?

1 million for 1 dollar a day.

Does anyone other than yourself depend on your income? Do you have children? Do you have aging parents you wish to care for? Do you have a significant other you are supporting? In the event of death, do you wish to

Investment portfolio

My investment portfolio is stupid simple and passive. I buy the US stock market and hold for at least 3 decades. 100% stocks for now, will re-balance as my risk tolerance decreases with age/nearing retirement. I know of an financially

%d bloggers like this: