My First And Second Businesses By Crispy Jr

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A few weeks ago I found my son packing several balloons into his backpack. When I inquired what they were for, he informed me they were part of his business, and showed me his ledger of clients. It turned out this was his second venture as an entrepreneur. Crispy Jr was kind enough to allow me to interview him for …

Docs Who Cut Back #5: Wealthy Doc

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Wealthy Doc was possibly the first physician finance blogger, generously helping us learn financial literacy back when Al Gore had barely invented the internet. In those days, the White Coat Investor had not yet started his blog, skinny ties were all the rage, and we docs were doing stupid things with our money. Nearly a decade later, WCI might clear …

Why I’m Applying To Become An LLC on December 17th

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One of the eye-opening realizations I took away from attending FinCon18 was that I need to form a Limited Liability Corporation (LLC) before I try my hand at consulting. The benefits of an LLC are that your assets and the corporation’s assets are separate. This is theoretically a barrier preventing a client who goes after your business from going after …

Docs Who Cut Back #4: B.C. Krygowski

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B.C. Krygowski is a physician, author, blogger, wife, mother and the generous spirit who brought wine in abundance to share with her fellow docs in finance at FinCon18. She exemplifies one of the more radical course corrections I’ve heard about in medicine. B.C. has kindly shared the unvarnished version of her origin story to let us see where she started, …

That Time I Bought New Pants For A Penny

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It was a decade ago, the day of our annual hospital gala, an event known in our household as Doctor Prom, and I had no pants to wear for the evening’s festivities. I’d recently found a snazzy blazer that screamed Christopher Moltisanti from the Sopranos. I needed a matching tie to fit my budding image as a would-be mafioso. Additionally, …

Strategies For Cutting Back: Group Policy Change

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But we’ve always done it this way! Medicine is a conservative profession, where change is viewed with suspicion and the reason, “But we’ve always done it this way!” is as unquestionable as, “I’m the mommy, that’s why!” was in childhood. (Incidentally, the latter was the bumper sticker on the station wagon that served as my first car, which made meeting …

She Scared The Crap Out Of Me. I’m Grateful.

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Hail to the Chief (Mom Officer) Liz, who blogs at Chief Mom Officer, is an invisible friend I met through the world of blogging about financial independence. She first came to my attention via the Rockstar Finance forum, which is a virtual clubhouse for bloggers who geek out over personal finance. I like Liz because she is thoughtful and considerate …

Docs Who Cut Back #3: Xrayvsn

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Xrayvsn is a radiologist practicing in the Southeastern U.S.  He’s a kindred spirit who factored lifestyle considerations into choosing his optimal job. His posts are notable for their candor and vulnerability; reading his personal account of divorce will leave you raw and grateful. He’s also created terrific series interviewing fellow bloggers (The X-ray Beam), assessing whether physicians can afford items …

This Week In Gratitude

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There’s an Ice Cube song laid over an old sample (the Isley Brothers’ Footsteps In The Dark), perfect for weight lifting back when I was younger: It Was A Good Day. It was playing in my mind as I reflected on the past five days: Spent three mornings bodyboarding at the beach, despite working a night shift. Rode my bike …

Docs Who Cut Back #2: Hatton1

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Hatton1 is an internet famous OB/GYN best known for sharing her investing wisdom over many years on the WCI forum. My finest day as an aspiring physician finance blogger was finding she’d commented on my site – the newbie’s equivalent to becoming a made man in the mafia. She blogs at Doctor Of Finance MD, where her experiences as a …