Deciding whether to embark on a medical fellowship is a significant choice that goes beyond the realms of medical expertise. While the focus has traditionally been on the medical and academics, it is increasingly crucial for doctors to consider the financial implications of such a decision.
A Doctor's Guide to Avoiding Four Crucial Financial Pitfalls [Podcast]
Managing personal finances can often take a back seat to a doctor’s demanding schedules. However, overlooking key financial decisions in the early stages of a medical career can lead to long-term setbacks. Today we’re discussing common financial mistakes made by young doctors and offer strategies to avoid them.
Rich Doc. Broke Doc. Tax Shelters Rich Docs Use to Build Their Wealth Tax-Efficiently. [Podcast]
It is crucial for doctors to understand the differences in retirement accounts if they want to maximize their wealth. Two popular choices, the Sep IRA and the Solo 401K, present distinctive benefits, limitations, and considerations. Here, we break down the key elements of each, shedding light on their respective advantages and limitations.
Small Steps Toward Financial Freedom for Doctors [Podcast with Dr. Kristy McAteer]
Financial freedom is a goal that many aspire to achieve, and for good reason. It offers the promise of a life with choices, free from the constraints of financial stress. In the world of medicine, where the demands of the profession are high, finding financial freedom can be a crucial step towards a healthier, happier life. Here we will explore some practical steps—often overlooked—that can pave the way for doctors to attain financial freedom.
Rich Doc. Broke Doc. Key Numbers Every Doctor Who Wants To Be a Rich Doc Needs to Know. [Podcast]
Doctors and Burnout [Podcast with Dr. Kristy McAteer]
In the landscape of modern medicine, the alarming rise of burnout among physicians has prompted critical discussions about how to sustain your careers and well-being. With the ever-increasing demands of medical practice, doctors find themselves facing unique financial challenges. In this episode, we delve into the insights shared by Katherine and Kristy who sheds light on the financial implications of burnout and offers practical strategies for physicians to embrace a life of abundance and create sustainable financial plans.