Financial Education Archives - Passive Income MD

Displaying 18 Posts categorized under Financial Education

The 6 Financial Planning Items You Should Do As a Medical Resident

The 6 Financial Planning Items You Should Do As a Medical Resident

There are a few important financial chores every busy resident would be foolish to ignore. Get these 6 things done and checked off on your “to-do” list. Today’s Classic is republished from White Coat Investor. You can see the original here. Enjoy! Residents are busy folks. Their time is consumed with clinical work, clinical learning, […]

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Journal Club 2-27-20

Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions ofarticles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for the week, enjoy! For people who are thinking about financial independence and have considered investing into real estate, there’s a […]

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Journal Club 1-30-20

Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for the week, enjoy! By paying our future selves first, we are taking straight aim at financial success. This will […]

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Pictured are three stacks of coins that are depicted as if they are baby plants just sprouting from the ground. Achieving financial freedom begins with planting the seeds of passive income channels and watching them grow. This image is featured on the Passive Income MD blog titled, "Achieving Financial Freedom as a Physician is Simple, but Not Easy."

Achieving Financial Freedom as a Physician is Simple, but Not Easy

Achieving financial freedom has been on my mind since my second year as a young attending. It was about that time when I realized that, while I might make a good income as an anesthesiologist, it would never allow me to truly be in control of my time. The moment I stopped showing up for […]

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Journal Club 1/9/20

Journal Club 1-9-20

Every other week, I hold a JOURNAL CLUB. After manually filtering through the millions of articles out there on the web, I present a few that impacted my life this month. Here’s our Journal Club for the week, enjoy! Going from residency to real money is a financial adjustment in the positive direction. But, just because […]

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Q and A with Physician on Fire. Pictured is a jar on a wooden table with colored pieces of paper inside that have question marks on them.

A Q & A with Physician on FIRE

The Physician on FIRE did an awesome interview with an anesthesiologist named Tom who used to run a site called High Income Parents. They covered everything from learning personal finance, whether or not Leif (Physician on FIRE) set a record by walking a marathon – yes, I said walking – and how Leif and his […]

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best financial decisions of 2019

My Best Financial Decisions of 2019

In my previous post, I shared some of the worst financial decisions I made in 2019. To summarize, I know I’m not perfect and will definitely make mistakes. However, I’m happy to take those mistakes and learn from them. Mistakes, after all, can lead to growth. As an appropriate follow-up to that post, I thought […]

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Lessons Learned at a Physician’s Retirement Planning Workshop

Lessons Learned at a Physician’s Retirement Planning Workshop

Ever wondered whether the retirement planning workshops are actually worth the time and money? Well, that is exactly what Physician on FIRE thought when he came across one at the ASA Annual Meeting. Would the information they provide be helpful? Would they try to sell you something? Or perhaps mention free online resources, such as […]

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5 Attributes That Make You An Easy Financial Target

Have you ever heard that physicians are poor with money management? Well surprise, it might actually be true! After spending half your life in school, then working 80-100 hours a week thereafter – it is a small wonder that we don’t have the time to better manage our money! Fear not! Once we diagnose the […]

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We Are Often Frugal, But Rarely Cheap

We Are Often Frugal, But Rarely Cheap

When you are setting up your budget for the first time, or even altering your current budget to prepare for your financial freedom, you will need to reevaluate a few of your expenses. So, this begs the question: what kind of savings is frugal savings, and what is just plain cheap? The Physician on FIRE […]

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