Author's posts
Is passive income a lie?
As a child, I remember watching superstar athletes like Wayne Gretzky glide so effortlessly on the ice and dreaming about how easy life would be to be blessed with innate talent. “Talent would make my life so easy,” so I thought. I had no c…
What to do financially when you’re a doctor getting a divorce
I remember reading a post recently on a Facebook physician group that involved a cardiologist who asked for help on how to manage her finances after a divorce. The pertinent aspects of this situation involves the physician being left with essentially n…
Doctors in tech cities are losing the rat race
Populous cities are populous, well, because people want to live there. Whether the appeal comes from greater career opportunities or simply being closer to family, these places have continuously grown over the last few decades. The growth is seemingly …
Is there a connection between anesthesiologists and successful money management?
Two of the biggest hitters in the physician finance online world are both anesthesiologists (Physician on Fire and Passive Income MD). Both of them are masters of side income by approaching money in completely different directions. Is it sheer random…
How health care is like a convoluted financial investment scheme
The business of medicine is unlike any other type of standard “business” in that health insurance and hospitals confound what would appear to be a simple exchange of services for a set price. You know that the confusion is bad when neither doctors nor…
Here are the common ways that doctors can practice medicine
When I finished my training, I wish that I had known all of the options I could practice medicine. Most of us categorized our options as either “academic” practice or “private practice,” but in reality, these two options only cover the tip of the iceb…
10 common doctor financial blunders
It’s OK to make mistakes in life. That’s the only way to learn. Hopefully, the major mistakes get made earlier in life so that we have less to lose and more time to “make up” for faltering. But hey, life wouldn’t be interesting if challenges aren’t p…
The problem with reducing physician salaries
Health care is big business, with medical practices vying for contracts, hospitals undergoing facelifts in order to cater to patient experiences, and insurance companies making deals with pharmacies. Some of these arrangements are negotiated in the na…
Essential financial tips for new medical residents
The transition from medical school to internship is both an exciting and traumatic period for doctors. As a fully anointed “MD” (or DO), the new doctor has a well-deserved and distinguished title to her name. No more “student doctor” anymore. Most o…
Should hospital systems post physician salaries?
One of my coworkers who grew up in India told me that their teachers in grade school would post everyone’s scores in the hallway after every exam. This comparison of grades and objective testing further extended to cities and even regions in the count…
