Personal Finance Archives - Page 3 of 5 - Passive Income MD

Displaying 44 Posts categorized under Personal Finance

finance books

My Favorite Investing, Business, and Finance Books

There are so many great resources today at our fingertips to learn about the world of investing, business, and finance such as blogs, podcasts, and online courses. However, don’t forget about good ol’ fashioned books. I’ve collectively spent a few hundred dollars to purchase the books below, but I can tell you that they have […]

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consumption smoothing

Consumption Smoothing is Stupid

Consumption smoothing is using debt and savings to ensure a constant level of spending throughout your life. The White Coat Investor says it’s a bad idea. Don’t do it. Today’s Classic is republished from White Coat Investor. You can see the original here. Enjoy! Consumption smoothing is the idea that your spending or consumption should […]

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Journal Club 5-29-20

Journal Club 5-29-20

Here’s Journal Club 5-29-20! 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! The COVID-19 pandemic has left many once successful businesses struggling to survive. Without travel, businesses like Uber and AirBnB are taking […]

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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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Pictured is a blue water bottle, a bright blue towel, a white scale, a pair of blue and white tennis shoes, an electronic tablet, a set of black weights, a blue weight, a plate of fruits including an orance, a red apple, a greem apple, and a banana, a cell phone, and a measuring tape. This image is included in Passive Income MDs Saturday Syndication with White Coat Investor, titled "5 Ways that Weight Loss is Like Investing."

5 Ways Investing Is Like Weight Loss

The White Coat Investor presents the analogy between fitness and finance – weight loss and investing. From lifestyle choices, to eating right, to not taking the easy route or the shortcut, there are more similarities between investing and weight loss than you might think. Today’s Classic is republished from White Coat Investor. You can see […]

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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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Make Hay While The Sun Shines

Make Hay While The Sun Shines

No doubt that personal finance is a personal journey. And while you’re on the path of best pursuit, you realize that your actions are the real reason you diverge. So what to do about it? White Coat Investor helps fill in some of the gaps. Today’s Classic is republished from White Coat Investor. You can […]

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Get an Alpine Start!

Get an Alpine Start!

Equating his residency experience to a climb on Baboquaivari Peak, White Coat Investor says to get a solid foundation set for your personal finances right out of medical school or residency. He specifically calls it an Alpine start. Did you get yours? Today’s Classic is republished from White Coat Investor. You can see the original […]

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11 Personal Finance YouTube Channels You Should Be Watching

10 Personal Finance YouTube Channels You Should Be Watching

Okay, I know I talk quite a bit about making the most of your time, but even I’m a victim of the YouTube death spiral on occasion. You know what I’m talking about – you launch the app expecting to watch one video and the next thing you know, you’ve watched your 18th video in […]

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