Are you a physician who is having financial difficulties? Doctors are at unusually high risk of making scary financial blunders in their personal lives because they are high-income professionals. Despite having a higher-than-average income, physicians can nevertheless develop unhealthy financial…
Are you a physician who is having financial difficulties? Doctors are at unusually high risk of making scary financial blunders in their personal lives because they are high-income professionals.
Despite having a higher-than-average income, physicians can nevertheless develop unhealthy financial habits that will cost them in the long run. Physicians can easily fall into any financial pitfalls.
Fortunately, with a bit of foresight, it is easy to avoid doing …
There's a lot of hubbub about The Great Resignation right now. Millions of Americans are quitting their jobs each month. It's happening in medicine and other sectors such as education, tech, and fast food. Interestingly, it's not the typical younger…
There’s a lot of hubbub about The Great Resignation right now.
Millions of Americans are quitting their jobs each month. It’s happening in medicine and other sectors such as education, tech, and fast food. Interestingly, it’s not the typical younger employees driving the massive numbers; it’s mid-career workers.
In our household, we have seen both sides of the resignation. At the same time that my teen son quit his first job at …
In a world of delightfully fit health coaches who gleefully snack on kale chips during the holidays, I am not one of them! I like to splurge. Holiday cookies are my weakness, and pecan balls did not disappoint this season!…
In a world of delightfully fit health coaches who gleefully snack on kale chips during the holidays, I am not one of them! I like to splurge. Holiday cookies are my weakness, and pecan balls did not disappoint this season! Did you stray from your health goals? I am right there with you. But as a coach, I believe in celebrations. There is no shame in indulging in treats on …
Jeff Bezos has been doing a lot of buying and selling lately. In fact, he recently sold billions in Amazon stock to buy $70 million worth of this asset. And he isn't the only billionaire accessing this $1.7 trillion dollar…
This article is sponsored by Masterworks, the art investment platform.
Jeff Bezos has been doing a lot of buying and selling lately.
In fact, he recently sold billions in Amazon stock to buy $70 million worth of this asset. And he isn’t the only billionaire accessing this $1.7 trillion …
As I write this, a rapidly spreading COVID-19 variant called Omicron is the uninvited guest this holiday season. I'd hoped that the vaccine would have had more widespread acceptance, and we wouldn't be in this situation, but this is our…
As I write this, a rapidly spreading COVID-19 variant called Omicron is the uninvited guest this holiday season. I’d hoped that the vaccine would have had more widespread acceptance, and we wouldn’t be in this situation, but this is our unfortunate reality now. In addition, COVID-19 has metastasized the already inherent bureaucratic cruelty of the U.S. medical system into death by a thousand slashes of red tape. I will explain why …
"Physicians, nurses, advanced practice providers, medical assistants, and other health care workers are a finite resource. They don’t grow on trees. And, though we all seem to deny it, they are human. The physicians I coach often wonder what they…
“Physicians, nurses, advanced practice providers, medical assistants, and other health care workers are a finite resource. They don’t grow on trees. And, though we all seem to deny it, they are human.
The physicians I coach often wonder what they are doing wrong that their lives feel impossible. They are …
While you must be understandably excited about this new chapter in your life, don't let this excitement get in the way of optimizing your job search. Over half of physicians leave their first job within five years and, of those,…
While you must be understandably excited about this new chapter in your life, don’t let this excitement get in the way of optimizing your job search. Over half of physicians leave their first job within five years and, of those, a majority leave after 1 or 2 years. Your first job search is an important step in your career; make sure the search gets the time and energy it deserves.
"In 2010, a landmark study from Princeton was published “proving” that money just doesn’t buy happiness. Study participants were asked to compare their emotional well-being from yesterday to today, and it appeared that making more than $75,000 a year didn’t…
“In 2010, a landmark study from Princeton was published “proving” that money just doesn’t buy happiness. Study participants were asked to compare their emotional well-being from yesterday to today, and it appeared that making more than $75,000 a year didn’t lead to concurrent increases in well-being. Since then, Americans have been flooded with …
“You do not rise to the level of your goals. You fall to the level of your systems.” - James Clear, Atomic Habits I had a bit of a revelation recently when I brought my dog in for grooming. Some…
“You do not rise to the level of your goals. You fall to the level of your systems.”
– James Clear, Atomic Habits
I had a bit of a revelation recently when I brought my dog in for grooming. Some background: My dog is ten years old and has a double coat from hell (although very pretty). She also had a spinal cord injury in November 2019 and has residual weakness in …
Your income doesn't matter. What you do for a living doesn't matter. If you want to keep from being broke, none of these things matter except for this: When you're dealing with money, you've got to understand how to do…
Your income doesn’t matter. What you do for a living doesn’t matter. If you want to keep from being broke, none of these things matter except for this: When you’re dealing with money, you’ve got to understand how to do simple math.
I hear stories about people that don’t understand what broke means. It could be the person that recent graduates from dental school with $400K in debt that buys the $80K BMW for instant …
"The U.S. Department of Education recently announced some major changes to the rules and qualifications around the Public Service Loan Forgiveness (PSLF) Program. Now, for a limited period of time, borrowers may receive credit for past payments made on loans…
“The U.S. Department of Education recently announced some major changes to the rules and qualifications around the Public Service Loan Forgiveness (PSLF) Program. Now, for a limited period of time, borrowers may receive credit for past payments made on loans that would otherwise not qualify for PSLF.
As another autumn pulls the pages off the 2021 calendar, it’s already time to start planning for the end of the year. The days get shorter but often busier as the weather cools down. This can be a vital time…
As another autumn pulls the pages off the 2021 calendar, it’s already time to start planning for the end of the year. The days get shorter but often busier as the weather cools down. This can be a vital time when preparing for taxes, and it’s good to know what the best savings strategies are for you to implement now, which will put you in a good spot for your …
Health care workers understand that workplace violence, cognitive overload, and burnout have been challenging their safety and wellbeing long before COVID-19 added to their trauma. Bias and inequities in health care environments were also present well before this novel virus…
Health care workers understand that workplace violence, cognitive overload, and burnout have been challenging their safety and wellbeing long before COVID-19 added to their trauma. Bias and inequities in health care environments were also present well before this novel virus began making headlines. The time is now for us to determine what it will take to keep people in their chosen profession and then rapidly make these changes. Failure to …
Even though their incomes often exceed the phaseout threshold for funding Roth IRAs, physicians have been utilizing loopholes in the tax code to fund Roth IRAs for the past decade or more. Converting IRA funds to Roth IRA funds allows…
Even though their incomes often exceed the phaseout threshold for funding Roth IRAs, physicians have been utilizing loopholes in the tax code to fund Roth IRAs for the past decade or more. Converting IRA funds to Roth IRA funds allows a taxpayer to change a tax-deferred IRA to a tax-free Roth IRA. In doing so, the taxpayer must pay taxes on the balance of the account that is …
I am an avid medical blogger. Without a doubt, the most common theme I've encountered during the past several years is embodied in the following op-ed: "We must help physicians at the brink of burnout, depression, and high stress," followed…
"I can attest to the tremendous power of simply noticing these rhythms and attending to them. It’s part of a larger attempt to live a more authentic life. So much of my time over the past 20 years has been…
“I can attest to the tremendous power of simply noticing these rhythms and attending to them. It’s part of a larger attempt to live a more authentic life. So much of my time over the past 20 years has been vying to achieve someone else’s standards or to live …
This article and podcast are sponsored by CityVest, providing investors with insider access to pre-screened, institutional real estate investments historically unavailable to individuals. Alan, please tell us about your background. My name is Alan Donenfeld, and I'm CEO and founder…
This article and podcast are sponsored by CityVest, providing investors with insider access to pre-screened, institutional real estate investments historically unavailable to individuals.
"While much of the conversation around financial independence is tied to the ability to retire early, the real prize is flexibility. I hear a lot of 'I love what I do and will work until I die' amongst physicians. Not…
"Cultivating compassion for ourselves and others is a practice in which we release judgment, anger and heal our emotional wounds. We can then move forward to a version of a better world where we have evolved to a new beginning.…
“Cultivating compassion for ourselves and others is a practice in which we release judgment, anger and heal our emotional wounds. We can then move forward to a version of a better world where we have evolved to a new beginning. Change is always happening, and that is our constant. …
An excerpt from Physician Underdog. When investors make the decision to invest, there is something deeper that occurs outside of the capital. A foundation of empowerment is built, and the founders have an edge now over others that didn’t get…
When investors make the decision to invest, there is something deeper that occurs outside of the capital. A foundation of empowerment is built, and the founders have an edge now over others that didn’t get investment. This comes back to how powerful venture capitalists can be, because they have the ability, through their endeavors, …
