Notes from a Financial Toxic Wasteland

crispydoc Uncategorized 12 Comments

  I’d heard California called many things before. The Golden State.  A nature lover’s paradise.  A youth and beauty parade.  But the White Coat Investor (WCI) was the first to call it out as a Financial Toxic Wasteland.  I describe myself as an unrepentant Californian, owning up to my idiosyncrasies and accepting the faults (and more reluctantly, the fault lines) …

Too Much

crispydoc Uncategorized Leave a Comment

My wife runs a side hustle that has been in full swing all summer, and which despite being mostly a word of mouth endeavor has evolved over a decade into a full-time job. On top of this, she works one clinical day shift per week in the ED to maintain her skills.  My 10 hour shift yesterday turned into a …

Cutting Back

crispydoc Uncategorized 4 Comments

Once upon a time, a strapping young buck dove into the field of Emergency Medicine with ne’er a thought of night shift fatigue.  He loved his work, headed into each shift bright-eyed and bushy-tailed and relished the butterflies in his stomach that multiplied commensurate with the number of ambulance rigs in the emergency lot.  He loved the social justice aspect …

What the Bogleheads Taught Me About a Child Roth IRA

crispydoc Uncategorized 4 Comments

As a JV blogger looking up to my varsity role models, I’ve noticed that lots of folks seem to post photos of their children on their blog.  I’ve always suspected their motives transcended vanity.  As an evolving finance geek, this trend naturally piqued my interest: Could I pay my kids as child models on my blog and invest their earned …

High Income Vagabonding?

crispydoc Uncategorized Leave a Comment

Since this blog is in many ways a time capsule from the current version of me to the person I was 15 years ago, there are concepts that occasionally resonate with the unencumbered new attending far more than they do with the married father of two with a mortgage and a bum shoulder.  One such idea is the concept underlying …

The Ascetic Treadmill

crispydoc Uncategorized Leave a Comment

As part of a fellowship in International Emergency Medicine, I spent six months (multiple trips over a two year period) in northern Ethiopia. One of the most otherworldly experiences I had during that time was exploring Lalibela, a town which occupies a revered place in Ethiopian Orthodox Christianity.  A walk through town revealed temples hewn from single enormous slabs of …

Insensible Losses

crispydoc Uncategorized Leave a Comment

I was introduced to the concept of “insensible losses” in medical school.  Briefly, excess fluids lost from the human body are difficult to measure via the lungs, skin and GI tract, but can take a significant toll on the state of hydration.  Conditions that stress the body and increase metabolic rate (burns, fever, a pint of Ben and Jerry’s in …

Financial Independence Skills For Kids: A Shallow Pursuit?

crispydoc Uncategorized 4 Comments

This morning I took a hike with a friend through the hills along the California coast.  My friend is a thoughtful, deeply intellectual academic, and our conversation turned to the topic of what legacies we hope to pass onto our children. Reflecting my current preoccupation, I said that I hoped to pass onto my kids the keys to achieving financial …

Status Interruptus

crispydoc Uncategorized Leave a Comment

Volunteer: Can room 8 have a glass of water? MD: Unfortunately no, at least not until her CT results are back.  Thanks for advocating for her. RN#1: Room 8 is asking for water. MD: I know, you’re the second to ask me.  We need to wait for her CT results before letting her have fluids, but please let her know …