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How Doctors Should Address Lifestyle Creep

The Motivated MD

Though I adhere to commonly agreed upon personal finance advice such as living ‘like a resident’ and well below your means, if you are overly frugal, you will deprive yourself of the enjoyment that is deserved when your income grows. ’ Having a high income and being wealthy are not synonymous.

Finance 52
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Choosing to Rent or Buy a Home in 2025

The Motivated MD

For example, any repairs that come up are your responsibility if your homeowner insurance doesn’t cover them. Get renters insurance Do not look at rent as ‘wasted money.’ I found this to be true in my life, and I think that for those in healthcare professions with prolonged training, it can be even more difficult.

Finance 52