Go from burnt out to FIREd up.
Frank Sinatra was known for crooning, “Regrets, I’ve had a few, but then again, too few to mention.” Not so with physician finance bloggers. When it comes to buying a home, we have plenty of regrets, and we like to share them. Something about summer seems to bring out even more wonderful confessions from some terrific voices in the physician …
Topping the list of international travel anxieties is whether your cellular phone bill might be adversely impacted while traveling in another country. Our recent trip to Greece brought up this very concern. We’ve all heard horror stories of Roaming Charges Gone Wild! Mine involved the beloved if technologically unsophisticated older cousin from Mexico City who acquired a new iphone prior …
I recently posted about a friend whose wife had no tolerance for equity risk based on her negative prior experience watching her parents lose significant value on paper in the recession of 2008. Ubiquitous commenter extraordinaire Gasem (who wrote a highly-regarded guest post on home schooling for this site) noted the false dichotomy that equities connote risk while cash, bonds …
Deep thoughts from our recent travel: Agora = Greek for marketplace Phobia = Greek for fear A close friend from childhood works in finance and earned his MBA but keeps the vast majority of his savings in CDs and treasuries that barely keep up with inflation. His wife saw her parents lose a significant portion of their net worth (either …
On our recent three-week trip through Greece, I chose not to bring my electric shaver. The dirtbag traveler in me, the one that takes pleasure out of proportion in packing as little as necessary as lightly as possible, wanted to ditch the added few ounces and volume the shaver would add to my pack. The scientist in me wanted to …
23 years ago, I took my first international trip as a backpacker through Europe. It was my baguettes, bananas and drinkable yogurt tour, since these were the foods I could afford as I made my way through some pricey countries over a couple of months. One of the highlights was Greece – I spent a couple of nights in Athens, …
Dr. Jim Dahle, a.k.a. the White Coat Investor, has tempted many a blogger by dropping oblique references to how he pays his children to model for his tremendously successful blog. There is great appeal in the idea that you might hire your children to work for your business; that their earnings, as part of a family business and while in …
In medical school and residency, a very few righteous professors warned us of the dangers of accepting pharmaceutical meals, textbooks or other swag lest they influence our prescribing patterns in nefarious ways. The drug reps wandered the halls of our sorry solitary training grounds, a corps of fit and attractive young people whose attention most nerdy physicians could never have …
I recently re-read an inspirational post by BC Krygowski, a palliative care physician married to another doc who (at their lowest point) was living hand-to-mouth in a big doctor house in an expensive state with $750k in debt. Like many of us, they realized well into their careers that they were on a collision course with financial disaster; like few, …
This morning started innocently enough. I purred awake in a cocoon of toasty sheets and rubbed the sleep from my eyes to find my wife sitting up in bed next to me, fully alert. When she gets excited about something, she can barely contain her enthusiasm. Having stalked her prey for maximum vulnerability, she unleashed a torrent of words at …