Being in private practice makes me a better doctor

Throughout training I had an idea, and that idea was that I would be a great academic physician. I had the right training. I had done research from college through fellowship. I had received research grants from medical school through fellowship, published numerous papers, and started defining a niche. Everything was going great. Academia here I come.

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Hump Day June 7th, 2017

In today’s hump day post we discuss Mahtma Gandhi who held his first non-violent civil disobedience on this day. We touch base with some great blog posts out there including learning whether buying vs renting is better in financial independence and how much home you can really buy.

We also cover posts that discuss what living in the wild means, what secret weapon you can employ to become rich, and why active investors may make some money, but they loose it in time.

Finally a shout out toe Michelle at Making sense of cents for being the breadwinner and a discussion of why we should be our spouses’ hype man.

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Hump Day- May 31, 2017

What is hump day? It’s Wednesday. The hump to your work week. 2 days down and 2 days to go. On hump days I will be sharing articles, videos, or other form of entertainment. It will include links to other posts I have liked throughout the week. Some are parenting articles, others are personal finance ones, and occasionally there will be a random funny article. Enjoy!

We discuss Madison Square Garden, improving your future, being frugal vs cheap, and how to be lucky. Also should educated folks retire early?

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Low spending month- Week 4

So another week has gone by in our low spending month. This is the final week and what I have learned is food is our biggest expense.

Between groceries ($1,443 for the entire month) and restaurants ($1,129 for the month) we spent over $2,500. That is kind of crazy considering some families spend under $400 on food a month. We did have a lot of people over to our house, and community is key to life. So I guess that is okay. Still, we will need to improve this next month.

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Physician home loans

I have had a total of 3 physician home loans from Suntrust Bank. Conventional wisdom would say to wait until you can put 20% down and then buy your house. Unfortunately, many physicians are not conventional, at least not when it comes to finances. Combine a desire to buy a home in residency (not a good idea) or right out of training (also likely best to wait a year or two), banks are all too ready to give out money. For physicians, this comes in the form of a physician home loan.

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