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WCWMWhen You are a Resident Physician, Don’t Live Like an Attending Physician- This adage applies to everyone but specifically to newly minted physicians “live within your means”, not your extremes. Building good habits around spending often dictates the projection of your wealth accumulation as you age. When you are making $40-$60K try to minimize additional....

#1 Max our your 401(k) and Optimize the Investments- The most common advice you will hear is to max out your 401(k).  Do you wish you could ever do more?  You can, having your 401(k)-plan reviewed every 3-5 years is a good way to make sure you have the most cost effective internal expenses on....

Dental Student loans have quite the complexity.  Roughly counting there are approximately 9 variations of how you can repay your student loan.  The time frame of repayment is anywhere from 10 years to 25 years.  Student Loans viewed in isolation may seem simple, but in a case of many dentists it proves to be quite....

One of the perks of working with a fee-only financial advisor, is we go beyond getting our clients into the right type of disability insurance. We also price shop several different companies along with maximizing all your potential association/employee benefits.  I will cover a few main items you want to look for in a disability....

Hiring a financial advisor can be very difficult decision.  Most of the time potential clients come in and think all we do is investments.  I can tell you, good advisors go beyond just investments.  They look at a multitude of financial and personal aspects of your life.  More importantly, they keep you from making moves....

INTRODUCTION The life of a doctor is a busy one. You spend twelve-plus hours running back and forth between multiple patients. You add notes to their charts, order diagnostic tests, and request consultations. No wonder you hardly have any time for yourself, especially when it comes to your finances. Doctors certainly face a set of....

As I design my life with purpose, I discover that minimizing time spent on chores is a necessity to me, and that includes financial obligations. My family usually goes on about two big vacations a year.  This up coming March we are headed to Israel with our church (Emmanuel Community Church) to go on a....

Congress passed a technical correction in the last quarter of 2018. We have now thoroughly digested the new law. The good news is that the IRS has begun to issue instructions about how the new deduction works. Typically, the new deduction equals the lesser of 20% of your sole proprietorship profits or of your share....

Over the years, finance companies tied to local car dealers have become more financial savvy.  Years ago (I am talking like before 2000), leasing a car could be a better alternative to buying a car outright depending on what the car was going to be valued 3 years from now.  However, those days are long....

Welcome to the most hated economy market cycle in U.S history.  One day the market is up and everything is fine and then the Fed comes in with some unnecessary commentary spooking the economy. Basic economic principles indicate that when the economy goes into a recessionary environment consumers or in this case patients turn from....

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