Debt

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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

October 16, 2024

Converting a Healthy Money Mindset into Wealth Building Action

Crafting a health money mindset is imperative to reach financial freedom. I’ll be honest, before I started my financial education and worked on my healthy

October 9, 2024

3 Things Doctors Must Do If Expenses Are Too High

Too many doctors find themselves in golden handcuffs. This happens when, despite a high income, doctors accrue expenses that equal or exceed their income. And

September 25, 2024

How to Save and Invest Money as a Resident Physician

Many of you have just started your training as a resident. And let me tell you, making, saving and investing money as a resident physician

September 4, 2024

The Important Difference Between Good and Bad Debt for Doctors

Can debt be good? Or it all bad? How does debt factor into your net worth? Does it come with an asterisk? These are all