[Today’s post by Peter Kim at Passive Income, MD discusses a concept we often refer to around here as Geoarbitrage. Usually when we say it, we mean moving somewhere that you will either get paid more or where it will cost you less to live. This, of course, speeds you along the way to financial independence. It can also mean ...

Some of the best financial advice ever given to me by a colleague is encompassed in these four words: “Live like a resident.”  Simple, yet profound.  There are really five pieces of advice encompassed in this short phrase. # 1 When You are a Resident, Don’t Live Like an Attending It appalls me to see someone taking out just as many ...

I spend a great deal of time on this site imparting knowledge.  You know, how the PSLF program works, how to do a backdoor Roth IRA, the best way to use an HSA and the like.  What I am not nearly as good at teaching, however, is something that is probably even more important.  For lack of a better term, ...

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