Category: Personal Finance
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5 Steps: How To Become a Millionaire In Your 40’s
5 Steps: How To Become a Millionaire In Your 40’s Want to be a millionaire? Most doctors and other high-income earners should have an easier time to obtain millionaire status versus the average person. But they face two major hurdles: #1 Late start #2 High debt Depending on your profession, you may not start earning…
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Secrets To Raising Your Money Savvy Family
Secrets To Raising Your Money Savvy Family [Editor’s note: Today’s guest post comes from Doug Nordman. He retired from the U.S. Navy’s submarine force in 2002 at the age of 41. He and his spouse, a retired Navy Reservist, reached their financial independence on a high savings rate. Doug wrote the book “The Military Guide…
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How To Become Wealthy – Doctor’s 3 Step Guide
How To Become Wealthy – Doctor’s 3 Step Guide It seems as if “good news” is hard to come by these days so I thought I’d start off by spreading some: “If you’re a doctor or other high-income professional wanting to learn how to become wealthy….GOOD NEWS!” It’s MUCH easier than you may realize. Why?…
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The Ultimate Doctor’s Guide To Preserving Wealth
The Ultimate Doctor’s Guide To Preserving Wealth Warren Buffett is known for his wealth and most notably his rules for attaining it. One of his more popular rules involves preserving wealth: Rule #1 – Don’t lose money Rule #2 – NEVER forget rule #1 As a doctor, making money shouldn’t be an issue as your…
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3 Top Reasons Why Money Is Important
3 Top Reasons Why Money Is Important What do you get the woman that has everything? Well I found out that my wife actually didn’t have “everything” last Christmas. She loves to workout and was excited to hear about new a in-home fitness technology that was being released shortly before the holidays….”The Mirror“ Have you…
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3 Steps Doctors Can Take To Stop Trading Time For Money
3 Steps Doctors Can Take To Stop Trading Time For Money We get an education (for much longer if we’re doctors), work 40+ hours a week for 35+ years then retire and HOPE we’re healthy enough to enjoy it all withOUT running out of money. Sounds more like a Nightmare on Elm Street rather than a dream!…
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5 Best Investments For Your Money Now (COVID-19!)
5 Best Investments For Your Money Now (COVID-19!) [Editor’s Note: Today’s article is a guest post from Fred Leamnson who started the blog Money with a Purpose in October 2017. The blog focused on three primary areas: Personal Finance, Overcoming Adversity, and Lifestyle. During his time at Money with a Purpose, he was quoted in…
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Don’t Be Afraid To Fail – Your Wealth Will Thank You
Don’t Be Afraid To Fail – Your Wealth Will Thank You FOMO (Fear Of Missing Out) is one of the major issues kids and adults alike are facing these days. Being able to see that your friends are at a party that you weren’t invited to on social media (Snapchat) makes this even worse for…
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The Psychology Of Happiness (What’s Really Important?)
Psychology Of Happiness – Can Money Help? During the COVID-19 pandemic, our periodontal practice (along with all Louisiana dental practices) were mandated to shut down. Now granted we could still see emergencies but for the most part, we didn’t treat or see patients for seven weeks. During that down time I was able to get…
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Dave Ramsey vs Robert Kiyosaki – Who Should You Listen To?
Dave Ramsey vs Robert Kiyosaki – Who Should You Listen To? If you’ve been following this blog for awhile then you’re aware that we used the Dave Ramsey’s Baby Steps to become consumer debt free after racking up close to $300K in student loans. The financial principles he teaches are important, but mainly for the…
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The Motley Fool Review: Is Their Stock Advisor Program Legit?
The Motley Fool Review: Is Their Stock Advisor Program Legit? [Editor’s Note: Today’s article in a guest post from Todd Kunsman who is the Founder of Invested Wallet and featured in Time, Business Insider, & HuffPost. Self-educated on personal finance and investing. He’s passionate about financial freedom, investing, side hustles, and helping others realize they too can…
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Is The Fear And Greed Index Legit?
Is The Fear And Greed Index Legit? If you’re a Warren Buffet fan like myself, then you’ve probably familiar with his recommendation regarding fear and greed: “Be Fearful When Others Are Greedy and Greedy When Others Are Fearful” – Warren Buffett Research shows that we use the part of our brain that emotions stem from…
