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January 15, 2025

What Doctors Should Know Before a Private Equity Sale

Is the creeping presence of private equity in medicine a good or bad thing for doctors? This is a very challenging question. And one that

January 8, 2025

Comparing HELOCs and Home Equity Agreements

Almost 6 months ago I was approached by a company asking to be a key resource on the blog. They wanted to advertise their services

January 6, 2025

Doctor vs. Debt: My Updated Compound Interest Scorecard

When I first learned how to calculate my net worth, one concept or philosophy struck me. And that is the idea that I was in

December 25, 2024

Personal Finance and the Holidays: Money Can Buy Happiness!

First of all, happy holidays to you all! I hope you and yours are all safe and healthy. That is what’s important, especially this time

December 16, 2024

What’s Better? Should You Pay Off Debt or Invest?

Let’s just get this out of the way first…this question is so personal that there is no absolute answer. Not in this post, on this

December 11, 2024

Comparing the Financial Lives of Doctors & Professional Athletes

I’ve always loved playing and watching sports. I love the Yankees and Jets. Love UConn basketball. When it comes to NBA, I guess my team

November 15, 2024

Mapping Out My Money Flow (Updated 2024)

Each month, Selenid and I sit down and go through our budget. To do this, we basically just sit with our budget template (download here)

November 11, 2024

7 Steps to Build My Rich Dad Cash Flow Statement

In his famous book, Rich Dad, Poor Dad, Robert Kiyosaki introduces the concept of the cash flow statement. (He technically calls it an income statement

November 6, 2024

Do Physician Couples Need to Share Finances?

This is actually one of the most common financial questions and relationship questions in general. But, as always, this discussion will focus on a doctor

November 4, 2024

5 Smart Ways to Pay for Your Kid’s College

Most of my friends, coaching clients, or anyone that e-mails me on a financially related topic has questions about how and how much to save