If You Didn’t Document It, It Didn’t Happen

We’ve all heard the line before, “If you didn’t document it, it didn’t happen.” This phrase is often used in medical training as a method to strive for better documentation. Though there is some truth to this phrase, some residents and physicians have taken it a bit too literal. The phrase in some aspects has morphed into a way to encourage doctors to cover their tail.… Read the rest

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Buying A House In A Sellers Market With A Physician Loan, Part 1

It’s been over six months since I started my job in Austin, TX. In that time, I have built an emergency fund to last 6 months, a wedding fund, and savings to have the ability for a small down payment for a house. The next financial step that I’m interested in is home ownership. One of the largest reasons I am considering buying is that I plan to stay in Austin area in the foreseeable future. … Read the rest

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A $79,000 Bill For An Elective Hernia Repair

A few years ago my mother underwent an elective surgery. She had a posterior hernia located on the left side of her back behind her kidney. This over time was starting to become a cosmetic issue for her and increasingly painful as the size of the hernia grew. She decided to seek medical attention for surgical repair. Both her and my father have been long time insurance policy holders for over ten years with the same company.… Read the rest

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Fun Friday: Doctors That Game

On an occasional Friday I plan on change the mood a little by posting something fun with a financial twist. These post will be lighthearted to focus on activities rather than investing or personal finance. This post I would like to focus on gaming and its ability to bring doctors together with a short mention of the financial implications.


Doctors That Game

Gaming has come along way since my first regular Nintendo console.… Read the rest

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Steps To Take If You Have A Lot Of Student Debt

Student debt for doctors continues to increase year over year, often above inflation (Source: AAMC). Hearing cases where doctors graduate with $400,000 in debt 10 years ago was almost unheard of. Now, it unfortunately seems to be increasingly common with some dual physician couples coming close to a million dollars in student debt. The number may seem overwhelming but if you follow the steps below, its possible to eventually become debt free while still enjoying your career.… Read the rest

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My Spending On Fun Expenses Was Out Of Control Last Month

February was a big spending month for me, actually the biggest yet excluding months when I took a vacation. In February I spent $902.17 on items or experiences that can only be classified as wants and not needs. If you think spending $902 on restaurants and going out with friends is out of control I would say that I completely agree.… Read the rest

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Financial Discussions To Have Prior To Marriage

The fiancée and I are getting closer to saying “I do” and part of our conversation of things to do before the wedding turns into a discussion about finances. I run a personal finance and investing blog for doctors, so this should not be a huge surprise to my readers. Luckily, my future spouse and I appear to be almost on the same page financially with our wants and needs.… Read the rest

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I splurged and bought a drone

There are some occasions where it makes sense to spend a little extra. Buying tires for cars, a quality mattress, good shoes, and good food are all times when paying for quality doesn’t seem like a bad idea. After years of being frugal I finally spent some money on a purchase that serves no other practical purpose but my enjoyment. This week I bought a DJI Mavic drone.… Read the rest

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