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When you sign up for our weekly newsletter, you'll know about our latest blog post and podcast episodes; each one containing important financial tips and tidbits for doctors and medical professionals. You can also stay up to date on our podcast by downloading the Financial Clarity for Doctors Podcast wherever you find podcasts.
Living a Stealth Wealth Lifestyle
Stealth wealth has been gaining popularity in recent years. As the name implies, it’s the...
11 Ways to Teach Your Kids About Money
This post was originally published on December 1, 2020, and has since been revised and updated....
Is Starbucks Killing My Finances?
Is spending money on coffee over making your own coffee at home really bad for your finances? What about other convenient items? We dive into the financial implications today.
Is a 529 College Savings Plan Worth It?
For parents, saving some money for college for their kids is often a financial goal. Everyone has different goals for how much college they want to pay for – some may want to pay for any and all of it, others only a portion. Many of you with children have heard of the 529 college savings plan. Today we want to answer the question, “Is a 529 college savings plan worth it?”
How to Qualify for Public Service Loan Forgiveness
Today we look at the steps one needs to take in order to get student loans forgiven via Public Service Loan Forgiveness (PSLF). It seems if you’re a physician or other medical professional you’ve likely heard of the Public Service Loan Forgiveness / PSLF program and the benefit it offers. Navigating student loan debt is an integral part of financial planning for physicians, especially in the early stages of their career.
6 Ways to Achieve Financial Success as a New Attending Physician
The 2019-2020 academic year is behind us, which means there are approximately 45,000 new doctors entering practice in America (according to the ACGME Data Resource Book). That’s a lot of new doctors who have a fantastic opportunity to achieve financial independence if they get started on the right foot. Today we are going to dive into six ways to achieve financial success as a new attending physician.
Should I Get Into Real Estate?
Doing your best to clarify your goals and objectives is helpful, along with diversifying. Owning income-generating real estate properties can be a great component of a well-rounded financial strategy for those who have an interest in that. However, you can also create a superb financial strategy without owning any commercial real estate or rental properties.
8 Side Hustles for Doctors
A common topic that has come up in recent years in the medical community is side hustles for doctors. What side hustles can physicians engage in to earn some extra cash?
Are Doctors Rich?
Have you wondered to yourself, “Are doctors rich?” Having a good income and being rich are different things. Learn more here!
How to Make Money While in Medical School
Have you wondered how to make money while in medical school? Here are our top tips for how to make extra money in medical school. Learn more!
6 Tips for Rapid Wealth Accumulation
This post is all about wealth accumulation! Specifically, 6 ideas for how to accumulate wealth and accumulate wealth faster. My goal for all of you is to become Prodigious Accumulators of Wealth so you can achieve financial independence sooner.
Planning with Pride for LGBTQ Families in 2021
This list is not exhaustive and it not exclusive to the LGBT. In fact, these tips should be shared with your family and friends and anyone of us who wants to protect our family’s financial future. We are living in some uncertain times so let us focus our energy on the things we can do rather than worry about what will happen. One thing we can do is make sure we take care of ourselves and do the things that work for our future regardless of what happens with the changes in the laws.