Journal Club 3-05-21

Here's Journal Club 3/5/21! 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!

• If you’re like me, nothing brings financial freedom into focus more than tables of concrete data. After a recent post that discussed spending and its relation to high-income wealth building, in this post, Physician On Fire revisits a case study for further analysis. If you’re wondering whether you should keep working after achieving financial freedom, this may give you the answer.
• Whether you’ve already begun investing or have yet to start, sometimes it can be nice to see things broken down in a clear way. This post from Bigger Pockets breaks down 7 keys to investing in commercial real estate. It’s a big topic, but laid out like this, the steps seem just a bit more manageable.
• What does it take to be considered “rich” these days? And as high-income professionals, why don’t more doctors fit into that category? These are questions posed by Debt-Free Doctor in this post, and by comparing common characteristics of millionaires to the medical profession, he makes some excellent points.
• According to J.D. Roth of Get Rich Slowly, the way to be truly happy is to lower your expectations. In this post, he makes the compelling case that lowered expectations aren’t a negative thing–in fact, with the right mindset, you can achieve more and be content with less.

That’s it for this week! I hope Journal Club 3/5/21 was helpful to you.

Lastly, here's a little bit of motivation below. Enjoy and have a great weekend!