Below you'll find a list of all posts that have been categorized as “Physician Personal Finance”
My sense of gallows humor, honed over decades of emergency medicine, is bound to infuse my writing. I hope it will not be mistaken for making light of substance abuse or the pain it causes individuals and families. As a common final pathway for many in crisis, the ED at best serves as an inflection point and support for those …
I awoke this morning inspired to describe the interesting and unusual pharmacokinetics of a drug I have deep experience both using and abusing: the doctor salary. Absorption Doctor salaries have a delayed onset from the time of initial ingestion. 4 years of university education plus 4 years of medical school plus 3-7 years of residency creates a situation rarely encountered …
I recently got a hot tip from a friend I trust and respect. Gasem mentioned that he’d enrolled in an online video course on creating a Financial Independence spreadsheet taught by blogger and math whiz Actuary on Fire (henceforth “AoF,” which I imagine to be the sound of a sucker punch to your cerebral cortex). He’d found it to be …
Memorial Day weekend means many things to me. It’s a chance to remember and honor men and women who gave their lives to protect our freedoms. It’s a chance to gather with family. It’s the unofficial start of summer and winding down of the school year. It’s also the weekend when many towns plan their most popular local events. My …
As an ER doc, my first perception of any large financial decision is, “How many shifts will this cost me?” I have an idea of my average income per shift, and it helps me to reconcile major expenses or splurges by deciding whether it’s worth working those extra shifts. There’s an important caveat in how to frame any added shifts, …
I’ve been remiss in doing some basic housekeeping – I compiled a comprehensive financial checklist plucked a variety of sources, and ran through the checklist mentally, but it’s high time I take a deep dive and examine each of the items on that checklist. First item on my list: my disability insurance policy. I pay my premium annually, and I …
Disclosure: I am an affiliate of Dr. Dahle, and make modest commissions when readers purchase his online “Fire Your Financial Advisor” course using my affiliate link. I have also appeared as a guest on his podcast. I received a free copy of his book to review, however, I do not stand to make income from any sales of his new …
In a recent binge of catching up on podcasts, I caught the charming trauma surgeon (yes, it’s the first time I’ve strung those words together) Dr. Nii Darko hosting one of the most vulnerable and memorable podcast interviews I’ve heard him conduct – with his wife, the equally impressive OB/GYN Dr. Renee Darko. I met the doctors Darko at FinCon …
Mr. Money Mustache piqued my interest in spending more time on a bicycle and less in a car. Meeting Physician on FIRE, who rides a bike to his hospital in Minnesota, exposed my flimsy excuses for driving my car in California. Collectively, they led me to pose myself a challenge: If I could routinely use my bicycle over the course …
Until my late twenties, I possessed the naif’s distorted if highly romantic view of what love would be like as a firsthand experience. A couple of weeks ago, I experienced a sudden and unexpected surge of love at the most unlikely, least romantic moment I could have imagined. Following is the difference between the movie love I imagined in my …