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Helping Doctors build wealth since 2011! The top source of unbiased financial education and resources for physicians.
Mar 5, 2023 17 tweets 3 min read
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15 Tips For Being Rich

While plenty of people can show you how to get rich, there are not so many teachers when it comes to being rich. 

Consider these financial and some philosophical tips for the wealthy🧵👇 2/17
1. Remember Your Mortality 

Time is your new limiting factor, not money. Prioritize it over small savings. With limited weeks in life, don't waste them on unwanted tasks. Hire help for daily tasks to free up time & trade your money for time.
Oct 4, 2022 11 tweets 2 min read
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Late to start saving for retirement? 

You are not alone. 

8 steps to take to catch up 🧵👇 2/11
1️⃣ Cut Back 

Short of winning the lottery, a doc who spends their $300,000 salary can't reproduce that with investments in less than 10 years with a small nest egg.

The sooner you cut your current spending, the less dramatic the change at retirement will be.
May 27, 2022 8 tweets 5 min read
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Finding your first attending position is a milestone, both exhilarating & a little frightening. 

You may be pleasantly surprised by how much they want to pay you. Don’t get caught up in the $$$. 

Here’s 6 things to negotiate outside of salary & benefits 🧵👇

#doctor #wci 2/8
1️⃣ Non-Compete Agreements

These limit your ability to practice within a certain distance from job for a period of time. 

Ask to reduce the distance or duration of your non-compete. Crucial if you are tied to your geographic area for family or other reasons.

#MD #contract