In this category I focus on all topics from investing to taxes to debt. Personal finance is a great way to make a career headway. The better you can optimize your spending, the less income you need. And the more career freedom you can enjoy.
My definition of retirement might vary from yours. Just as your definition of health is likely different from mine. I’d gander a wager that you haven’t really sat down and figured this shit out; what would retirement look like? I’ve written a lot about the topic of retirement for physicians but I have more experience […]
I no longer keep track of my income and spending. My income is getting tougher to track because there are several sources. And it’s usually enough to cover my spending, which isn’t much either these days. For June 2021 I earned an income from 4 main sources: rent investments consulting clinical medicine The ratio of […]
I wrote this post initially in 2016 and I’m here to give it a bit of an update. Most of it is still written from my perspective in 2016. It’s now 2021 and I’ve had some interesting learning, which you can review at the end of this post. I’ve been giving this some thought the […]
More than ever I want to insist on the importance of finance freedom for physicians. FF is a term I first came across from a personal finance guru by the name of Joshua Sheats. Time and time again, financial freedom is what’s allowed me to have more career options in medicine. I always assumed that […]
At some point in our lives we’ll be earning the majority of our income from our investments, not from our jobs. For most this will be in the 6th or 7th decade of life. You go from earning $140/hour seeing patients to earning nearly $1,000/hour managing your investments. Hourly Rate of Income A portfolio which […]