Latest / Passive Income Doctor
Personal Finances for Doctors
How can busy doctors set up their personal finances to maximize chance of success?
Todays episode, I share 5 steps that you can take to simplify your finances.
1. Assess your current situation
2. Set a compelling goal
3. Develop habits (track spending, regular self-education, monitor savings rate)
4.Action plan
5. Reassess/re-evaluate
Resources/links:
Some “Thing” to Talk About? Differential Story Utility From Experiential and Material Purchases - Amit Kumar, Thomas Gilovich, 2015 (sagepub.com)
Why Doctors don't get Wealthy
Property Investing for Doctors
Tax for doctors
Music Credit: Bass…
The skinny
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