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 […]
Tag: saving
I gotta give my mom credit, she tried to get me to set some money aside starting at age 18. She opened a mutual fund savings account for me and contributed $50 every month to it. Some time towards the end of college I raided the account, never realizing what I did to the potential […]
Categories
Reasons to Stop Saving
For those on the supercharged path towards financial independence, it’s good to recognize reasons to stop saving. The endpoint is one of the best parts of early retirement, so it’s worth recognizing that transition and avoid oversaving. But there are other times when it isn’t wise to save. In this post I want to touch […]
Categories
Saving Strategies
I’ve been asked to write about saving strategies. It seems that some have a hard time saving their money. Paying down debt or being on time with mortgage payments isn’t an issue for this group of physicians. It’s that they just can’t get themselves to save. So this post will be a little about saving […]
Categories
Advantages Of Oversaving
Oversaving is a real phenomenon. It’s commonly fueled by the financial industry who stands to profit from this. The average worker may not be aware of it but the drive to oversave is one of the primary shackles for the current wage slave. Oversaving is supposed to cure fears, decrease risk, and potentially afford one […]