Blog
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Is It Better To Pay Off A Mortgage Or Invest?
Is It Better To Pay Off Mortgage Or Invest? One of the biggest debates in the financial world has to do with the question….Is it better to pay off mortgage or invest? As someone who has followed Dave Ramsey’s 7 Baby Steps, let’s take a look at what he’s recently had to say about this…
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Leverage – The Extreme Real Estate Advantage
What Is Leverage In Real Estate? When I first think of the term “leverage“, nightmares of college physics class comes to mind. I still don’t understand why we had to take some of the classes that were required such as physics and organic chemistry but hey, I’m glad those days are long gone. During that…
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The Truth About Debt – The Borrower Is Slave To The Lender
The Truth About Debt – The Borrower Is Slave To The Lender There are many people currently hurting financially during the COVID-19 crisis and most of it can be attributed to debt. The information that my friend, Dr. Brent Lacey shares below is invaluable at times like these during a financial crisis. I recently had…
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Freedom Founders – My Personal Experience
Freedom Founders – My Personal Experience Years ago I realized that I needed more streams of income, specifically passive income. More on that shortly. After doing some research, I found out about Dr. David Phelps who ran a mastermind group called Freedom Founders. His group focused mainly on dentists/physicians and their motto was: “Building Wealth…
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13 Lessons From Think And Grow Rich Napoleon Hill
13 Lessons From Think And Grow Rich Napoleon Hill The older I get, the more I try to learn new information for personal development in a way that takes the least amount of time and energy. How? By not trying to reinvent the wheel. For instance, with the coronavirus crisis, it seemed that everyone became…
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7 Lessons Learned During The Coronavirus Pandemic
7 Lessons Learned During The Coronavirus Pandemic I can still remember that night like it was yesterday. My son and I were watching his favorite NBA team play on TV, the Dallas Mavericks. That Wednesday was only 3 days away from his birthday trip/gift – (near)court side seats to watch his favorite player, Luka Doncic…
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How To Tithe Correctly And Still Get Wealthy
How To Tithe Correctly And Still Get Wealthy Whether you’re a Christian or not, the simple act of giving makes you an overall better person and it’s a topic that’s discussed rather frequently on other personal finance blogs such as: The Physician On Fire: The Donor Advised Fund My wife and I began teaching this…
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What Is Real Estate Syndication Deals – And How To Find Them
What Is Real Estate Syndication Deals – And How To Find Them One of the reasons I created the Passive Investors Circle is to educate doctors and other high-income earners about their passive real estate options. After joining, the first step is to have a brief discussion regarding their financial goals and answer their questions.…
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The Cashflow Quadrant – How You Earn Money Matters
Robert Kiyosaki Cashflow Quadrant One of the ways that I develop a list of books to read (both fiction and non-fiction) is by asking successful people. Reading fiction books not only keep me entertained, but also help with developing more creativity while writing. I now pay attention to how authors paint pictures of stories in order to…
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Financial Stress During a Crisis – 5 Lessons Learned
Financial Stress During a Crisis – 5 Lessons Learned I still vividly remember eating lunch with my friends (Ben and Brad) back in 2009 when the markets were sinking on a daily basis. We had a weekly routine of loading up on a generous helping of soul food at The Kitchen Restaurant here in Monroe,…
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Dave Ramsey Baby Steps: Are You Prepared For The Next Crisis?
Dave Ramsey Baby Steps: Are You Prepared For The Next Crisis? [Editor’s Note: Today’s article in a guest post from Dr. Adebayo Fasanya who blogs at Dr Breathe Easy Finance. He’s a pulmonary and critical care doctor by day, a personal finance blogger/debt slaying ninja at night. After paying off $300,000 in student loan debt,…
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The Coronavirus Financial Survival Kit for Healthcare Professionals
The Coronavirus Financial Survival Kit for Healthcare Professionals [Editor’s Note: Today’s article in a guest post from Dr. Brent W. Lacey, M.D. is a gastroenterologist who is passionate about helping physicians succeed with business and personal finances. As a physician, he understands how overwhelming it can be to step out of clinical training and into…
