I just returned from a nine-day mission trip to Mexico with eight other adults. This happens to be the same trip my son made with our church’s youth group 18 years ago. My contribution for his trip was to write a check. When I heard about this opportunity, my first thought was to write another check| Financial Success MD
Just a quick note to let you know of a couple of interesting things. The latest podcast with me, Dr. Cory S. Fawcett of Financial Success MD, was just released. I had a discussion with Dr. Param Bala on my journey into real estate, how I did it and how it turned out. Take a listen to it here:| Financial Success MD
The healthcare industry has a never-ending supply of people who want your time. You can literally work 24/7 if you don’t set some boundaries. Most jobs have a fixed start and stop time, but not yours. You must set the start and stop time. Every day, several people will call the office and ask to ... Read more| Financial Success MD
Do you have difficulty spending money you’ve saved? The title of this article was a recent comment from someone who just inherited a lot of money and was afraid to spend any of it. For a lot of people who have been aggressively saving money, spending the money is a hard thing to do. “Never touch the| Financial Success MD
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When I discuss living on half of one’s income, I’m almost always met with, “that would be impossible for me.” They say it as if it were a fact, that some outside source is preventing them from living on significantly less than they make. This outside source is somehow keeping them from saving a good| Financial Success MD
We have become very attached to being instantly available to our friends, relatives and coworkers. We have also become accustomed to having the internet at our fingertips. So, last week while I was on vacation, I was forced off the grid. Some things about this experience were good and others not so| Financial Success MD
When was the last time you asked yourself, “What is most important to me right now?” The most important thing in our live changes frequently. But if we don’t ask the question, we might not be putting our effort where it counts. A big component of burnout is realizing that we have filled our day ... Read more| Financial Success MD
Most people do not like to make a budget. Thus, excuses for why they don’t budget abound. Medical students don’t have an earned income, so they think they don’t need a budget. Residents believe they don’t have time to make a budget. Attendings say they make so much money they don’t need a budget. Ea| Financial Success MD
Most of the doctors I’ve encountered who are financially secure at a young age have one thing in common, they are frugal. They are not cheap and I think that is a big distinction. Cheap is buying a particle board dresser for $60 that may not last more than a few years. Frugal is buying ... Read more| Financial Success MD
When I was 25 years old and in my third year of medical school, I laid out a plan to make me financially secure and able to retire by age 50. I began by calculating an estimate of the monthly income I would need during my retirement years. I then converted that to how big ... Read more| Financial Success MD
(The photo with this article is the view I have as I write this from a timeshare resort in Escondido, California. I couldn’t travel as much if I was still working.) I’m a physician who retired from medicine early, based on most people’s thinking. But at what age is retirement early? The Social Se| Financial Success MD
1-on-1 Coaching If you are looking for something a little more personal or are in dire need of help, one-on-one coaching might be just what the doctor ordered. Three Coaching Options1: Total Financial Makeover (Train your money to do what you want)"We've paid off more debt in the 2 years after w| Financial Success MD
