Check out some of our latest posts — weekly nuggets that will help you take control over your money.
On the surface, physician mortgage loans look great. No money down. No jumbo limits. No private mortgage insurance (PMI). But let’s be real. Lenders are in business to make money and they can’t just give you a free ride. So, how do these loans stack up against...read more
Are physicians bad with money? This recent study helps answer the question using data collected from 422 medical residents and fellows at Washington University and the University of Arizona. The participating physicians completed a quiz on basic personal finance...read more
This article from the Finance Buff explains a great way to save hundreds on Roth IRA contributions. But I wanted to expand upon this idea and highlight an even bigger way to save using a similar strategy. Thanks to changes in tax law, the “deduct and convert” strategy...read more
As borrowers begin to apply for public service loan forgiveness, many are finding that they were never eligible, despite previously being approved by their loan servicers. As a result, many are filing suit against the Department of Education, as well as servicers like Navient who previously informed borrowers that they were approved.read more
As a result, hospitals are increasingly introducing physician loan repayment perks for new hires to drive recruitment. However, confusing intricacies with the new public service loan forgiveness program are causing major unintended consequences.read more
At the end of each month, we provide a list of finance-related articles to help keep you informed about the hot topics in finance. Here are some of the best articles we read in the month of December.read more
Student loans have quickly become the most complex financial issue facing young physicians. The average physician in training owes well over six figures. And these aren't your normal run of the mill loans. Student loans today come with high interest rates and 100’s of...read more
Unlike most professionals, financial advisers have a choice of operating under one of two professional standards: suitability or fiduciary. The fiduciary standard requires advisers to act in their client’s best interests, whereas the suitability standard does not.read more
When it comes to investing, perhaps the single most common thing we see that trips up our clients is the temptation to act on the chatter around them.read more
Student loans have become a big deal! 37 million Americans collectively owe over 1 TRILLION dollars in student loans – and yet nobody seems to fully understand them.read more
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