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December 23, 2024

Doctors, How Do You Want To Make Your Money?

It's a legitimate question. But it's also a question that doctors don't pay attention to. Or we assume that the way that we as doctors

December 20, 2024

10 Steps for Doctors to Write a Book

There are a lot of side gigs that doctors can take advantage of to create alternative streams of income. Here are over 20 side gigs

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

December 2, 2024

3 Important Things to Know About Our Progressive Tax System

Nobody really likes taxes. Some people hate them. Some people accept them. But no one likes them. However, that is not a reason to ignore

November 25, 2024

3 Reasons I Will Encourage My Kids to Go into Medicine

I have to say that I really enjoy this debate. Because you will get some really passionate responses on both sides of the fence. So

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 13, 2024

7 Big Problems with Hedge Funds (Especially for Doctors!)

In popular culture, hedge funds often get portrayed as the Holy Grail of investing. They are these secretive, exclusive, and not-well-understood entities that can invest

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 8, 2024

Private Equity Investments Might Work, But Not for Doctors

Investments in private equity are exciting. Because they aren't available to everyone. They are not public. They are private. But are private equity investments actually

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