My Congressman Takes Money From Drug Reps. I Can’t

The cost of healthcare has been a very popular political topic for several decades. Several weeks ago, I received two separate emails that struck me as a bit odd. My group highly encouraged us via email to avoid any professional relationships by accepting gifts, food, or money from drug representatives. In a separate email that I received from my congressman, he wrote about how he was against net neutrality.… Read the rest

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Become A Medical Director

Being a Medical Director is more than collecting a monthly paycheck. One of the most popular questions that I receive is how to make extra money as doctor. While there are many ways to make extra cash, becoming a medical director always seems to come up as a possible “easy” way to make money. While there are some perks, including financial benefits, there are also several risks to becoming a medical director.… Read the rest

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Buying A House With A Doctor Mortgage

After 11 months of searching for a house, I’ve finally bought a home. The paperwork associated with buying a house is most likely not as difficult as soon to be new home owners think. The hardest part of the process was finding a house that I wanted to buy. For those who have been following this website, you know I’ve been searching for a long time.… Read the rest

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Earnest Has Been Acquired By Navient for $155 Million

Navient, the Sallie Mae spin-off created in 2014, this week made public that they bought student loan refinancing company, (Earnest) for 155 million dollars. This is a major step for Navient, which previously has focused on servicing and collecting federal or private student loans. The acquisition now allows them to start originating loans in addition to servicing them. The market seem to of had a lukewarm reaction by evidence of its stock, NAVI, dropping 14% the day this was announced.… Read the rest

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Houston, We Have A Convenience Spending Problem

Paying for the convenience of purchasing an item, I would bet, is costing you big bucks. Amazon has become synonymous for purchasing goods at a convenience. Their one click patent, gave their customers the availability to buy an item and have it shipped to them with only one click. Though Amazon was not the first, they were definitely one of best to pioneer convenience buying.… Read the rest

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Avoiding Delay In Hospital Credentialing

Credentialing at any hospital can be a time intensive and a frustrating process. Doing locum tenens work on the side, I have already been through this process several times in the past year. In order to minimize any time delay between submitting the application and being credentialed, there are some documents that should be readily available to submit upon request. I’ve created a list of all documents needed by most hospitals to streamline the process.… Read the rest

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Build The Life You Want, Not The Bank Account You Want

It’s easy to lose sight of the big picture with investing. While building investment portfolios, sometimes it’s easy to forget to build the life you want, not the bank account you want. Like many others, I love reading other blogs focused on early retirement, financial independence, or frugal living. In fact, I enjoy it so much that I started this website to help others with personal finance and investing.… Read the rest

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A Caution For Doctors Entering Into A RVU Based Contract

Doctors’ paychecks are often structured in one of three ways. Salary only, salary plus incentive bonuses, or production only. RVU (Relative value unit) is a method the United States Medicare system uses to value reimbursement for physician services. Some physician contracts, such as my contract, is 100% based on production, or how many RVU’s I bill for.

There are advantages and disadvantages to each system.  … Read the rest

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Fun Friday: Doctors Who Homebrew Beer

This Fun Friday post will be about doctors who homebrew beer. Every so often I post a lighthearted, but yet financially related topic. In the past decade the hobby of brewing beer has seen a huge surge in popularity. With the surge in home brewing beer, there has also been a surge in the number of craft breweries created by those who may have started as home brewers.… Read the rest

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