Building wealth is simple: make more than you spend and invest the difference.
There are two ways to increase your savings rate: spend less or make more. There are also two ways to earn more income: work more hours or earn more per hour.
3 Ways Doctors Can Increase Their Savings Rate Without Cutting Expenses
The Most Important Money Habits To Teach Your Children
Kids are like sponges. They’re ready to soak up whatever we’re willing to teach. Now is the time to be teaching our children about money.
Excess money mixed with lack of money maturity can ruin lives. At its extreme, money can be the difference between life and death.
Using Financial Failures To Move Forward
What if failures improved your chance of success? Everybody makes mistakes – this much is true. But are you failing forward after your mistakes? There’s a great book by John Maxwell called Failing Forward. Maxwell…
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Simple Steps To Determine if You Should Refinance Your Mortgage
So, Brexit was big news! Everyone thought it would crush investments. And it did for a couple days. But investments fully recovered a few weeks later. So much for the stock market crash. But you…
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3 Personal Finance Habits of Highly Successful Young Physicians
7 Financial Planning Tips for Resident Physicians Transitioning Into Practice
Today we’re covering 7 financial planning tips for resident physicians transitioning into practice. By utilizing these tips early in your career, you’ll be setting yourself up for long term success. 1) Plan Your Financial Journey…
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The Right Way To Navigate Car Buying Decisions
Financial Advice For Physicians Making Big Decisions: Start With “No”
But it’s SO easy to say YES! Yes, I’ll buy the new, big house. Sure, I’ll pay for my kid’s extra activities. Okay, I’ll also buy the new car. Fine, I’ll invest in your startup….
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Using a Values-Based Lens to Identify Financial Blindspots
It’s difficult to self diagnose your own problems. Especially the deep rooted issues. How many people with serious illnesses caused by their own choices show up at the hospital and say something like… “Hey Doc,…
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How To Keep Your Spouse In The Loop On Your Personal Finances
According to an American Express survey, 91 Percent of Couples Find Reasons to Avoid Talking About Finances; only 43 Percent Discussed Money Before Marriage. We all know communication is key to a happy marriage –…
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How Traditional Financial Services Take Advantage Of Doctors
Many people in financial services are not looking out for your best interests. I wanted to share a real story from a client we work with to help show you what’s happening. This type of…
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