Category: Personal Finance
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The Mexican Fisherman Story – How Much Is Enough?
I recently ran across a story I’d heard years ago called, “The Parable of The Mexican Fisherman Story.” Here’s the story both in audio and text form: https://youtu.be/qFOMLzPt_4E The Mexican Fisherman Story An American investment banker was standing at the pier of a small coastal village in Mexico when a small boat with just one…
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Betterment vs Wealthfront – Which Robo-Advisor Is Best?
Betterment vs Wealthfront: One of my goals this year is to make better use of my time. Thankfully, I don’t spend much of it commuting to work but I do spend a good sixty to ninety minutes a day exercising. Normally, I pop in my headphones and listen to music while working out. But now…
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6 Easy Steps To Stress-Free Wedding Planning on a Budget
The Guide to Stress-Free Wedding Planning on a Budget [Editor’s Note: Today’s article is from Jessica Bishop, founder of The Budget Savvy Bride, an extensive online resource to help couples plan a beautiful wedding they’re proud of on a budget they can actually afford. Jessica has shared her money-saving tips and planning advice with outlets…
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How A Small Business Loan Can Ramp-Up Your Business
How This Couple Used A Small Business Loan To Level-Up Their Practice [Editor’s Note: This article was written by Mike from www.mikedupblog.com.] “One hundred fifty thousand dollars on the build-out, $275K on the practice, and another couple hundred on the goodwill…” It was like a sick and twisted math problem, circa 1st grade, just adding…
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Why The Doctor Suicide Rate Is Rising
Doctor suicide rates are on the rise. Over 1 million Americans will lose their physician this year to suicide. This was an alarming fact that I recently heard from The Doctor’s Show. Here’s a brief segment of the show: I’ve been wanting to write an article that addresses this issue but quite honestly have been…
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9 Pros And Cons Of Refinancing Student Loans
Pros and cons of refinancing student loans – Typically, one of the worst parts about becoming a medical professional is starting off with a huge amount of student loan debt. Here’s the latest breakdown according to NerdWallet.com: Average medical school debt: $190,694 Average dental school debt: $287,331 Average pharmacy school debt: $163,494 Average bachelor’s degree…
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The 7 Habits of Highly Effective Investors To Get Rich
[Editor’s Note: This guest post was was originally written by Adebayo Fasanya from Dr. Breathe Easy Finance.] The investing maze is complex and it can be very difficult to find the best and most effective way to navigate through it. Good news!! There are 7 habits that highly effective investors use regularly to simplify this…
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9 Tips To Protect Baby Boomer Retirement Savings
9 Tips To Protect Baby Boomer Retirement Savings [Editor’s Note: Here’s a guest post from Jason Reed at BestRxForSavings. Enjoy his information to help out boomer plus those approaching the boomer category.] The baby boomer generation is the largest in U.S. history until millennials recently surpassed them in number. As medical technology advances, this large…
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Pay Off Debt Or Invest – What Should Doctors Do?
[Editor’s Note: This guest post was submitted by physician financial blogger and Montana resident, David Graham, MD who blogs at FiPhysician.com. After discovering his passion for personal finance, he started a Registered Investment Advisory to promote his mission of “Financial Literacy for Physicians.” For personal enjoyment, he recently sat for and passed the CFP exam.…
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Personal Capital vs Wealthfront – Which Is Best?
Personal Capital vs Wealthfront – Which is best? Personal Capital and Wealthfront are two of the more popular web-based investment management platforms. But choosing which to use is like anything else in the personal finance world, it all comes down to personal preference and need. Each platform caters to a different segment of the investing…
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The Ultimate Guide to Estate Planning
The Ultimate Guide to Estate Planning [Editor’s note: This article originally appeared on The Money Mix, and has been republished with permission.] For many people, the first thing that comes to mind when you hear the word estate is a fancy house with land in another country. But an estate is everything you own or…
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7 Money Mistakes People Earning Six Figures Make
[Editor’s note: This article was originally published on The Money Mix.] Earning six figures can make building wealth easier, but it’s not a magic solution for your financial woes. Earning a high income is only one part of the equation. If you want to be financially secure, you need to make your money work for…