Debt Management for Physicians
Perhaps the most encouraging outcome of the latest recession is the increasing emphasis on debt reduction by most Americans. We are borrowing less and saving
Are Annuities Right For Physicians?
One of the principal tenets of investing is that no one single investment is right for everyone. Every investment has certain characteristics, risks, and objectives
A Little Knowledge Can Make Physicians’ Lives Less Taxing
It doesn’t take long after receiving your first paycheck to realize that your all of your money is not your own. The U.S. government is
How New Physicians Can Achieve Savings Success
One of the bigger financial challenges for fledgling physicians is staying motivated to keep setting aside a greater portion of their earnings for savings. Saving
Physicians Can Hire a Money Doctor to Cure Personal Finance Woes
You would probably never hear any of them tell you, but most physicians are awful at personal finances. We’re talking about the most basic aspects
Warning to Young Physicians: Credit Cards can be Hazardous to Your Health
Your credit cards could be killing you. Seriously, a recent poll of 1000 adults revealed that the weight of their debt is causing stress-induced health
Designing a Good Life for Young Physicians
A common mistake that many new physicians make when their earnings increase is, instead of increasing their savings by the amount of increase, or at
Financial Success for Physicians Begins with a Winning Attitude
You would think that the main thing that separates the financial winners from the losers is money. Obviously, the more money people have, the more
Obstacles to Building Wealth: Not Running the Practice as a Business
The Bureau of Labor Statistic reports that, of the nearly 700,000 physicians currently in practice, one half are in private practice, meaning they’re in business
Business Overhead Expense: A Real Risk that Needs a Real Solution
Any medical or dental practice that relies on one or two people to generate revenue is especially vulnerable to financial problems in the event of
What’s the Best Life Insurance for Physicians? Term Vs. Permanent
With their unique financial needs, and with so much at stake, physicians need to have a thorough understanding of how the two primary forms of
Are HSAs the Secret to Reducing Health Care Costs?
As the uncertainty of the economy and health care reform regulations washes over the business community, many are considering dropping their health care plans due