Financial Intermittent Fasting (Guest Riposte by Gasem)

crispydocFinancial Independence for Doctors 10 Comments

If you’ve read this or any other physician finance blog, odds are you’ve encountered Gasem. He is a retired anesthesiologist, a prolific writer with guest posts spanning the blogosphere, and his ubiquity and depth as a commentator has few rivals. Gasem now has his own blog at MD on FI/RE, where this piece was originally published, but he kindly permitted …

Financial Independence: A Pathway To Stop Selling Out The People We Love

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I’m a sucker for witty personal finance quotes as much as the next person. When we take a family excursion to the library, my magnetic north draws me immediately to the finance section (okay, sometimes it attracts me to the travel section as well). I relish the Rudyard Kipling poem “If” as deployed to devastating effect when excerpted by William …

FU Space

crispydocFinancial Independence for Doctors 16 Comments

Those of us in the FI community are extremely familiar with the concept of FU money, the acquisition of funds sufficient that we are empowered to say no: to unwanted work, to aggravations, to servitude. I’d like to introduce a tangentially related the concept: FU space. Let’s define the concept as the ability to say no to the company of …

A Priority We Pursue vs. A Luxury We Can Uniquely Afford

crispydocFinancial Independence for Doctors 12 Comments

Pursuing financial independence, especially as a physician, can inadvertently bring about feelings of resentment from colleagues. Taking cues from bloggers far smarter and more experienced than I am, I’ve learned not to bring up the subject of finances around co-workers, although if asked I’ll volunteer that I geeked out on finance a few years back and took over managing our …

My Breakdown Of Rainbows And Unicorns

crispydocFinancial Independence for Doctors 16 Comments

My rationale for pursuing financial independence and reducing my clinical load (almost typed cynical load – what do you make of it, Dr. Freud?) has been largely to have more time for my family. I now realize this might be mistaken by readers to suggest that my family time is in some way more tolerable than theirs; that my children …

Buy And Hold Investing In Community

crispydocFinancial Independence for Doctors 4 Comments

The FI blogger world is full of folks whose wanderlust guides their lives. Seductive terms like location independence, geographic arbitrage and digital nomad pepper the posts of well-regarded bloggers whose lives as expatriates (Mad FIentist) traveling the world either childless (Millennial Revolution) or with young children (Go Curry Cracker) are tempting a generation to follow their lead. I understand the …

My Investor Policy Statement for Time

crispydocFinancial Independence for Doctors 4 Comments

A key component of any financial plan includes an investor policy statement (IPS). The idea is to identify objectives, map a route to reach them, and detail the logistics in a manner where you can hold yourself accountable to the plan you create. This is critical because in defining a specific course of action you create a model to stick …

FI-iku: Financial Independence Haiku

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Financial Independence involves striking a balance between minimalism and enough. What better medium to represent this balance in verse than through Financial Independence haiku, or FI-iku? Heart in hand and tongue in cheek, a ragtag band of personal finance bloggers convened to distill our words to their fundamental essence. Here’s what happened when geeky met artsy. After FI I Still …

Yearly Rebalancing Of Priorities

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Just like your financial portfolio, once a year it’s worth sitting down with your priorities to ensure that those areas where you’ve made satisfying gains have not inadvertently created blind spots of neglected priorities. This was underscored by a funeral a couple of days ago – a family member I loved died after a long hospitalization. Weirdly enough, his eulogy …