Becoming financially literate means acquiring a very useful body of knowledge. Possessing this body of knowledge is such a rare phenomenon in today’s world that having it, especially when combined with some financial discipline, is like a superpower. When I speak, I frequently demonstrate the importance of financial literacy with a section of the talk entitled “Numbers You Should Know”. ...

You need to prioritize your financial goals in order to answer the most common questions directed at bloggers and financial professionals. I am inundated with questions such as: As a young physician who graduated last year, I’m trying to decide if I should prioritize completely paying off my very large student loan debt ($400k @ 4.5%) or if I should ...

Some investments are available to anyone, but others are available only to doctors. Given the late, usually heavily indebted, start they have to their professional and investment careers, they should take advantage of as many of these as possible to speed their journey to financial success.   7 Top Investments for Physicians and Dentists Each of these are productive, minimally ...

[This post was originally published in 2015, but it was fun to go back and review for republication now in April 2020. Note that my current asset allocation is slightly different from what is in this post as it was changed in 2017. I feel even more strongly now about having a written investing plan (investing policy statement) than I ...

The more I learn about doctors and their finances and the more I talk to other docs, the more I see several recurring themes that cause them to have difficulty reaching financial success.  This post explores these themes. 1. Poor Debt Management This one begins early for most medical students as they get into the habit of living beyond their means.  ...

[Editor’s Note: PIMDCON 2020, Financial Freedom Through Real Estate Conference begins TODAY! It’s a FREE 3-day virtual event packed with actionable advice that you won’t want to miss. Learn from 20+ expert real estate investors teaching you how to be successful too. Take control of your financial future and register now!] More and more frequently lately I do “financial curbside ...

→ Save time. Save paperwork. Save dollars. Esurance ←