The Motivated MD

DECEMBER 18, 2024

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. What is Lifestyle Creep?

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Finance Insurance IT Individual 52

The Motivated MD

OCTOBER 10, 2024

The Three Fund Portfolio, originally popularized by the Bogleheads’ community (a community dedicated to the practices and advice of Vanguard founder Jack Bogle), is a very simple strategy for intelligently investing your savings. These claims are, of course, bogus. We want to know that our investments are simple, safe, and effective.

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Finance Individual Management IT 52

The Motivated MD

NOVEMBER 26, 2024

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. This is no easy feat.

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The Motivated MD

SEPTEMBER 19, 2024

A study by Johns Hopkins in 2016 found that medical errors may potentially be the third leading cause of death nationwide. ’ Though it often does not come with the attending salary, medical trainees are getting paid to perform a service, and hospitals provide retirement plans to these individuals. So yes, humans make mistakes.

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