Monday, October 15, 2018
Hiring a financial advisor is a big decision. After all, you’re hiring someone to help guide you through some of life’s biggest decisions. Your financial advisor can help you decide what type of car and house you can afford. You’ll go to them to make sure you’re saving enough for your children’s college education. You’ll even seek their advice on the...
Graduating from residency and starting your career is a busy time, but it’s also a time when you’ll experience a large income jump, when your student loans will be due, and when you’ll start to feel the pressure of lifestyle inflation. So, although you’re busy taking care of others, don’t forget to take care of you too. Below are some...
physician surveys
As a physician, I am always looking to supplement my income. Surveys are a great way to do that on your off time. Initially, it was hard to find surveys that paid well and/or catered toward physicians. Over the years, I have compiled a nice list of physician survey sites and their specific contact information. Some physician surveys can...
Over the past few days, I’ve received several e-mails and phone calls from my physician clients asking me what to do about the Equifax data breach. So, I thought it was important to quickly explain what the Equifax data breach means, and what to do if you think your information might be compromised. WHAT IS THE EQUIFAX DATA BREACH? Equifax is one...
Doctors, above anyone else, know exactly what an emergency looks like. If your PM is anything like mine, Im sure you have heard the stories... That time they did chest compressions on a kid while in medical school or the time when that mother delivered a baby before she could make it to her hospital room? Yep, those were emergencies. Of course,...
physician wealth services buying a car personal finance doctor
Whenever I meet with a client for the first time to create their financial plan, the topic of buying a car always comes up. My clients usually want to know how much can they afford to spend on a car, and what is the best way to buy a car. They want to feel like they’re getting a great...
There’s nothing more exciting than matching into a residency program, especially after four years of enduring medical school. Plus, with that new work contract often comes new colleagues, a paycheck for the first time in a long time, and perhaps a new city to live in. This is also the time that many young doctors think about buying their...
credit card, physician wealth services
Many medical students and residents use credit cards throughout their training to help cover their expenses, and if that’s you, you’re not alone. In fact, the average credit card debt for a U.S. household carrying a balance is over $16,000. In addition to having debt, many Americans have more debt than savings too. If this is you, you probably realize...
  The younger physicians I help with their financial planning often have questions regarding saving for college for their children. So, I thought it would be helpful to write a post to explain what a 529 college savings plan is and if it’s even worth opening. Like everything else in financial planning, the answer to this question will really depend on...
How to teach your kids to value money with Fee Only Financial Planner, Ryan Inman Have you wondered how to teach your kids to value the toys or gifts that they ask for all the time? Have you wondered how to help your kids place a value on their grades or chores in exchange for an allowance? What about how to encourage...

Recent Posts