As you approach your mid 30’s, you need to take care of a few items so that you can finally get your financial life under control. If you wait to make these changes you may not be prepared for retirement, paying for your kid’s education expenses, or getting out of debt. Those things take time, […]
Category: Budgeting
When Should You Start Saving For Retirement
Chances are you aren’t saving enough for retirement. It’s nothing personal. In fact, I am not saving enough for retirement. I have over $200,000 in student loans and on my medical resident salary, every spare dollar goes to repay my loans. If you want to see how much you should be saving, use this retirement […]
5 Financial Moves All 32 Year Olds Should Make Immediately
As you approach your mid 30’s, you need to take care of a few items so that you can finally get your financial life under control. If you wait to make these changes while you’re in your 40s or 50s, you’re setting yourself up not to be prepared for retirement, paying for your kid’s education […]
10 Easy Ways To Improve Yourself Today
We recently read an article that discussed the link between materialism and mental health problems. The research showed that practicing gratitude can help curb materialism, which in turn could improve your mental health. But if you feel stuck or like you don’t have a lot to be thankful for, think again. Here are 10 easy things […]
How To Budget – A Step By Step Guide To Making Your First Budget
Benjamin Franklin famously said, “Failing to plan is planning to fail.” And it wouldn’t surprise us if he were talking about money and how to budget. There seems to be a familiar feeling that if you make enough money, all of your money problems will be solved. But that’s not the case. Look at the […]
Here’s When To Buy Your First House
Are you thinking of buying your first home? You aren’t alone. This milestone is a right of passage into adulthood. Or at least that’s what a lot of people think. There’s a sense of societal pressure to conform and buy a house. For most people, homes will be the most significant purchase they make, so […]
What Is Net Worth And Why It Matters
Wondering what is net worth? You aren’t alone. We get asked all the time what the term net worth means and why it even matters. The concept is more simple than it sounds and is easy to calculate. Using our net worth calculator is super simple. To begin with, net worth is strictly a financial […]
When Does It Make Sense To Have A Financial Advisor?
When it comes to money and personal finance, chances are that you feel inadequately prepared to handle everything. And it’s not your fault. Schools don’t teach the financial skills we all need to navigate ‘real life’. So unless your parents are experts, chances are you weren’t taught nearly enough personal finance skills. To be 100% […]
Is It Better To Rent Or Buy
I’ve always rented an apartment or house because I’ve basically been in school forever. Shoutout to my fellow docs out there. My brother has done the same thing. But it seems like we spend more and more time on Zillow looking at homes every year. You know what I’m talking about. You are watching tv […]
Top Money Lessons From Ex-Navy SEAL Jocko Willink’s Acclaimed ‘Jocko Podcast’
Today I want to share some of ex-Navy SEAL Jocko Willink’s lessons and how you can use them to take your financial life to the next level. Even if you only put half of them to practice, you’ll be glad you did.