One of the financial no-no’s in the FIRE community, and particularly the physician FIRE community is shelling out large sums of money for your kids to attend private school instead of public school. It is indeed a very large expense with some private schools in the country costing more to attend than some universities. Many […]
It is a known fact, but every generation feels that they had it worst and that other generations have it made. “When I went to school we had to walk uphill in the snow both ways!”- Every grandparent I thought that with the constantly-changing medical environment we live in, it would be quite […]
Mention to the general public the term “Rockstar” and 9 times out of 10 they will be picturing a lead singer in a megaband (such as Aerosmith, AC/DC, The Rolling Stones, etc. (I really am showing my age with this one). However that same word has a completely different connotation with money nerds (which […]
Webster’s dictionary defines Arbitrage as: The nearly simultaneous purchase and sale of securities or foreign exchange in different markets in order to profit from price discrepancies. The purchase of the stock of a takeover target especially with a view to selling it profitably to the raider. The financial blog community has cleverly […]
My daughter just started the 8th grade this fall (2018) but has already expressed an interest to join the medical field as a physician. Of course, as a parent, there is a sense of pride that swells when hearing that information for the first time. Most families, particularly those of the Asian/Indian descent place a […]
Sometimes when I check my mailbox I am pleasantly surprised by someone who is offering to write a post for my website. Although I am about 5 years away from becoming an “empty nester,” when Nelly offered a blueprint of how to prepare for this eventual transitional period I absolutely jumped at the opportunity […]
[This post was written on 9/27 and 9/28 during the heart of FinCon 2018] For many bloggers, FinCon provides abundant material to create a post from. FinCon ’18 also provided me with material for a post, however this was not the post I had in mind or wanted to write. For those viewers who frequent […]
Millennials. With how the media portrays millennials, I had a very tainted view of this age demographic in my head. Because of this brainwashing, I pictured all this generation did was go around eating avocado toast, shirking responsibilities and avoiding work at all costs. However as I have dove deeper and deeper into the […]
My inspiration for the FIRE philosophy happened long before this movement was popularized. My father was a physician, practicing Internal Medicine in the 70’s and 80’s. I remember how hard he worked throughout my childhood. Sure we would take family vacations but for the most part I always saw him working constantly, pulling […]
There is a debate throughout the physician financial blogs regarding physicians who have expressed a desire to retire early (the RE component of FIRE). Several have reported being shunned by their peers when they do express a desire to make an early exit from medicine. Common themes are that there is a moral and […]
