Can a bear market be catastrophic to your retirement plan? Find out how POF recommends you prepare so that you always maintain your financial independence. Today’s Classic is republished from Physician on FIRE. You can see the original here. Enjoy! You did it! You worked, you saved, you conquered. Your investments add up to 25 […]
Quick! How many times this past week have you used the word “busy?” I’m too busy, I’m so busy, I’ve been busy. People seem to just love using the word and carrying it around like a badge of honor. I know I do at times. When I talk to people about my different roles as […]
Contrary to FIRE, The Physician Philosopher believes that we should enjoy life and be content with spending. But spending can often lead to feelings of resentment of sorts. According to TPP, that’s why it’s important for us to learn the art of spending with intention. Today’s Classic is republished from The Physician Philosopher. You can […]
Financial freedom from medicine is a beautiful thing. Once you’re in a position where all of your expenses are covered by other sources of income, you get to decide whether you continue to work in a clinical setting or not. If you’re like me though, that’s not quite good enough. That was the first milestone, […]
We talk a lot about “financial freedom” on this site. Heck, it’s right there in our tagline. Of course, most of us are at least familiar with the term. But what does it mean to actually be financially free? If we make it a goal, what are we really working toward? Rather than looking at […]
As you probably already know, I’m a huge advocate for making the most of your time. It is my firm belief that you should primarily focus on doing the things you love with the people you love. One of the only exceptions I’ll ever make to this rule is learning about how to better manage […]
The concept of financial freedom is foreign to most physicians. After all, we’re used to seeing patients and billing to create income. Simply put, we trade time for money – if we don’t go to work, we don’t get paid. In fact, most people would be surprised to find out that many physicians actually live […]
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! I’ve talked a bit on the blog about my own experience with buying an out-of-state property […]
I’ll be honest, writing an investor policy statement has been sitting on my list of things to do for a while. I even took the Fire Your Financial Advisor Course! to learn how to write one. Well, after hearing about PoF and how it has impacted his life, I might just have to make it happen […]
I feel fortunate to have been turned on to the idea of multiple streams of passive income early on in my career. It took a combination of struggling to find security at work, reading a few good books, and speaking to some doctors who had escaped the “rat race” to put me on this journey […]
