Ten Stepping Stones On The Path To Financial Independence
Do you want to achieve financial independence? Do you know how to get there? There is a “best practice” to achieving financial independence. It...
Increase Your Happiness By Spending Money On Others
It's the end of the year, and December is the season for giving. The holiday season inspires many to give to charity through a...
Donate To Your Favorite School Projects This Year With DonorsChoose.org
December is a time for giving, and I'm sure charities of all causes are asking for your donations.
However, I wanted to highlight again DonorsChoose.org,...
How Your Credit Score Is Like Your Board Scores
I've talked about the credit score before (see Your Credit Score - Demystified). By virtue of you being a FPMD reader, there's a very...
A Letter To My Widow
I am the one obsessed with finances in our house. Updating our monthly net worth spreadsheet and ensuring we are not paying mindless monthly...
How The New Tax Bill Will Affect Medical Residents
Donald Trump signed the Tax Cuts and Jobs Act of 2017 late last year. Americans and corporations are feverishly reading news summaries of the...
We’re Teaching Our Kids About Investing The Wrong Way
I have loved investing in the stock market since I was very young. I remember watching Nightly Business Report on PBS with my dad...
The Status Quo Bias in Personal Finance and Investing
For decades, economics and finance relied on a central assumption for its theories: that people acted in a rational manner.
Most people knew that this...
Should You Save More Or Work Longer?
The formula for building wealth is simple: save money, especially early in your career, and allow it to earn compound interest over time.
However, one...
It’s Not All About The $$$: Endpoints in Personal Finance
Every physician, especially those who work in oncology, have read their fair share of clinical trials. In order to advance the field of medicine,...