Remove Individual Remove Medical Remove Professional Services Remove Utilities
article thumbnail

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. However, I so commonly see individuals inflate their lifestyle by overextending themselves when buying a home.

Finance 52
article thumbnail

Choosing to Rent or Buy a Home in 2025

The Motivated MD

The decision to rent or buy a home is the root of much anxiety in many individuals’ lives. I overhear individuals say things like ‘owning a home is the best investment you can make,’ and’ if you are renting, you are just ‘throwing your money away.’ Four years in medical school.

Finance 52
article thumbnail

How Doctors Can Save More and Do Less

The Motivated MD

For the better half of 2024, I have been periodically writing posts that are individual articles that double as potential chapters to a future book. Before we discuss each individual savings account, let us first highlight exactly what it means to ‘automate’ your savings. So yes, humans make mistakes.

Finance 52