Personal Finance Archives - Passive Income MD

Displaying 44 Posts categorized under Personal Finance

6 Considerations To Course Correct Your Financial Goals

6 Considerations To Course Correct Your Financial Goals

Do you ever feel you’re completely off course in terms of where you want to be? Or maybe you’re moving forward; but you’re not convinced you’re moving in the right direction. Consider this: a boat rarely sails in a straight line because of winds, other ships, and unavoidable factors that can take it off track. […]

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Journal Club 11-10-2023

Journal Club 11-10-23

Here’s Journal Club 11-10-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! Read any interesting articles? We’d love it if you could please take a moment to share them in the comments below! […]

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Journal Club 10-13-2023

Journal Club 10-13-23

Here’s Journal Club 10-13-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! Read any interesting articles? We’d love it if you could please take a moment to share them in the comments below! […]

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3 Financial Habits of Physicians Who Retire Early

3 Financial Habits of Physicians Who Retire Early

You’ve dedicated years to your medical specialty, journeying from a resident to a fellow, attending, and possibly even establishing your own practice or partnering with others. After all this, why would I suggest shifting your focus? Regardless of your specialty, there’s one universal aspect we must all consider: retirement. Preparing for retirement early can significantly […]

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3 Simple Steps To Diagnose Your Financial Health

3 Simple Steps To Diagnose Your Financial Health

Do you ever wish for a simple diagnostic test that could assess the health of your finances just as easily as a routine medical check-up? Well, you’re not alone. This article provides three key steps to help you gauge your financial health, empowering you to take control of your future. 1. Understanding Personal Finance Knowing […]

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White Coat Investor: The Ethics of Asset Protection

The Ethics of Asset Protection

PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially literate and disciplined, which will allow you to spend your time and effort on your patients, your family, and your own wellness. WCI truly believes that a financially secure doctor […]

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Journal Club 06-30-23

Here’s Journal Club 06-30-23! Every week, I hold a JOURNAL CLUB. After filtering through the articles on the web, I present a few that impacted my life this week. Be safe and stay well! Read any interesting articles? We’d love it if you could please take a moment to share them in the comments below! […]

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The Sunk Cost Fallacy

None of us can be the hypothetical Homo Economicus who makes only rational decisions. Instead, we must contend with sunk cost fallacy. Here’s all you need to know about it. PIMD welcomes the White Coat Investor. WCI is a physician-specific personal finance and investing website. The White Coat Investor can help you to become financially […]

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Avoid These Top 5 Financial Mistakes for Smart Money Management in 2023

No one likes making mistakes, especially when they can be costly. I know that you likely share my perfectionist tendencies and are often averse to taking risks. As physicians, we are trained to carefully consider the risk-benefit ratio before making any decision because we know the consequences of making a costly mistake. While mistakes are […]

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13 Books for Summer Reading

Summertime is the perfect season for kicking back and expanding your horizons with a great book. Just because you’re relaxing doesn’t mean you can’t be growing as a person and as a physician.  Here are some of my most recent and favorite reads that have helped me improve my mindset, my branding, and my finances. […]

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