A Financial Literacy Fairy Tale For Our Times

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As part of my journey, I’m learning about entrepreneurship with this blog and selectively establishing relationships with folks I trust. Today I’d like to help you understand why I chose to partner with Student Loan Planner by giving you some background on Travis, the company founder. His origin story is a financial literacy fairy tale for our times. (As an …

Docs Who Cut Back #8: Jordan Craig, MD

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Dr. Jordan Craig is an OB/GYN who, like many of us, built her practice based on flawed physics: she assumed that she could remain in perpetual motion indefinitely. On the surface, her career was ideal: she joined a unicorn independent group of mentors from her residency, took on significant administrative responsibilities and built a name for herself that drove patients …

How My Donor Advised Fund Made Me Less Selfish

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2018 marks our first year of having a Donor Advised Fund (DAF) through Fidelity. The effect on my giving patterns over the past year has been a pleasant surprise. As I reviewed this year’s giving and compared it with prior years, I was struck by the fact that we are giving more generously than ever before – roughly a 20% …

Docs Who Cut Back #7: Loonie Doc

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Editor’s note: My wife likes to quote an old world saying that there’s a lid for every pot (usually used in the context of dating). Similarly, I want every reader of this blog to find at least one interviewee that reflects the reader’s peculiar circumstances and compulsions. This interviewee qualifies, in the best of ways, as both peculiar and compulsive. …

A Service For Doctors To Assume Control Over Their Finances

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I always had an excuse why now was not the right time to learn about money. Maybe you accumulated debt from your education, a home, a car, or credit cards. On a doctor’s high income, you’ll always have enough. Maybe your career in medicine is too time-consuming. Too busy saving lives to learn about money. Maybe you’re smitten, married, or …

It’s Time To Rekindle Your Love For Medicine

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She’s been giving you the cold shoulder when you slide into bed at night. She doesn’t laugh at your jokes the way she used to. What started as a love affair has dwindled to ambivalent interdependence. Medicine cooks, you do the dishes. Breaking routine or separating households would only create more work for everyone. It’s platonic. FI could see the …

Investing Ought To Be Boring: Don’t Jump The Shark

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Yesterday a friend approached me giddy with excitement. He’d rolled over his legacy retirement account from an old job into his new Vanguard account, and with that money he’d purchased thousands of dollars of total stock market and total bond market funds! Pushing the buy order made him feel like the most powerful man in the universe. I’ve been meeting …

Docs Who Cut Back #6: Dawn Baker, MD / Practice Balance

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1. What is your specialty? Anesthesiology 1a. How many years of residency/fellowship did you complete? 4 years of residency 1b. How old were you when you began to cut back? I started working 0.75 FTE straight out of residency (I was 37). After my daughter was born, I cut back to 0.5 FTE at age 42. 1c. How many years …

Director’s Perspective: How To Gracefully Go Part-Time (And Stay There!)

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Vagabond MD is a practicing radiologist who holds the unique position of having sat on both sides of the part-time medicine negotiating table. As a former Department Chief, he was the decision-maker tasked with weighing the interests of physicians who sought to cut back against the interests of  the group as a whole. CD invited me to share my perspective …