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How Doctors Should Address Lifestyle Creep

The Motivated MD

I am using our weekly blog posts to create a future book that hopefully will apply to medical trainees and early career physicians looking to build generational wealth, get out of debt, and take control of their financial lives. Housing Aside from educational debt, housing is commonly the largest expense we will make in our lives.

Finance 52
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Choosing to Rent or Buy a Home in 2025

The Motivated MD

As many learn throughout their medical training, we are often relocated every few years. Four years in medical school. Far too many people, medical trainees and physicians alike, succumb to the false narrative that you need to own a home to build wealth, and that is not true. Take the time to play around with these calculators.

Finance 52
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Should Recent Weather Events Impact Your Emergency Fund?

The Motivated MD

Wiped-out grocery stores, medications unfilled, spoiled food, hours-long lines for gasoline, and impatient citizens pulling firearms on each other, escalating tensions in an already tumultuous time. Helene highlighted that even wealthy communities and well-financed and well-educated populations can be caught off guard and devastated.

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How Doctors Can Save More and Do Less

The Motivated MD

A study by Johns Hopkins in 2016 found that medical errors may potentially be the third leading cause of death nationwide. From the moment you start post-graduate education (internship and residency), this is seen as a physician’s first ‘real job.’ So yes, humans make mistakes. This is the same for personal finances.

Finance 52