Author: Jeff Anzalone
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Dollar Cost Averaging vs Market Timing: Which Is Best?
I recently read the hard to find book, Simple Wealth, Inevitable Wealth by Nick Murray. In it, he discussed four behavioral tactics to be practiced during different “seasons” of one’s investing lifetime. One of the behaviors was: “Invest the same amounts monthly, in the same funds, so as to harness the power of dollar cost
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6 Principles of Persuasion – Robert Cialdini Influence
6 Principles of Persuasion – Robert Cialdini Influence One of the most important things we can do as parents is teach our kids the necessary skills to get them ready to enter the real world. I wish someone would have forced me to learn the three main ones I think are critical no matter what
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Top 3 Slowest Times At Disney World To Visit
To say we love going to Disney World would be an understatement. Well, I take that back. My kids and I love going but not so much Mrs. Debt Free. I’ve written several times about how spending money on experiences brings more happiness than buying stuff. If you’re looking for an experience to take your
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One Of The Best Personal Finance Podcasts You Should Listen To
Ok, Ok. I admit. I’m a bit biased on today’s topic regarding one of the best personal finance podcasts you should listen to. Denis and Katie over at the Chain Of Wealth recently reached out to yours truly for a podcast interview on their site. They’ve recorded over 150 episodes talking with members of the
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7 Unexpected Habits Of A Frugal Millionaire
When you hear about someone being a millionaire, you typically don’t picture them as being frugal. The phrase, “Frugal millionaire” is not something that typically goes together such as a peanut butter and jelly sandwich does. But, if you’ve read books such as “The Millionaire Next Door” and Chris Hogan’s new book, “Everyday Millionaires,” you’d
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3 Reasons Why You May Need A Financial Coach
It’s amazing to me how God knows which doors to close in order to open new ones in our lives. When I look back to my first year of dental school in 1996 and then fast forward today, I NEVER thought I’d be doing the things I am now. If you would have told me
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Debt Free Doc Interview 6
Here’s our latest interview with a debt free doctor (or soon to be). These stories allow us to continue to learn from those who are free of debt or currently on the path to do so. If you’d like to be considered for an interview, drop me a note and we can talk about specifics. Be sure to read
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5 Smart Ways On How To Reduce Taxable Income For High Earners
Paying taxes is unavoidable, but there are numerous opportunities to help lower a tax bill. Recently, I came across a finance forum for doctors that piqued my interest. One of the most highly viewed posts was, “How To Reduce Taxable Income For High Earners.” Most high income earners that I know are constantly looking for
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Dave Ramsey’s Baby Steps: A Dentist’s Path To Financial Freedom
Dave Ramsey’s Baby Steps: A Dentist’s Path To Financial Freedom I still remember exactly where I was when I first heard The Dave Ramsey Show. I was a young dentist in New Orleans, completing my residency, with more than $250,000 in student loan debt. Like most new doctors, I figured a higher household income would eventually fix everything.
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5 Easy Steps On How To Get Rid Of A Timeshare
We love to travel. Honestly, we spend more on travel each year than any other category in our budget. A handful of people have asked, “Since you love traveling so much, why not buy a timeshare?” Doctors are suckers for deals. Especially timeshare deals. Salespeople feed off of our “desire for relaxation” because they know
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3 Easy Lessons To Become The Automatic Millionaire
In 2004, I originally read David Bach’s book, The Automatic Millionaire, after it was first released. He has since updated it to an “Anniversary Edition” in 2016. Recently, there’s been a lot of talk in the financial blog space regarding millionaires. It seems that many people want to know two things: Who they are? How to
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4 Quick Steps To Convert Your Traditional 401(k) To A Roth 401(k)
Let’s face it. Doctors and other high-income professionals pay a lot of taxes. They’re unavoidable. But when it comes to your retirement savings, you have a choice as to when you want to pay them. Now, or later? One potential way to save on taxes later is converting a 401(k) to a Roth 401(k). Before we
