The Ultimate List Of Tax Deductions For Doctors Recently in the gym, I had a conversation with two medical students. They asked, “What do you recommend we learn now before we start practicing?” These guys are thinking the right way. I told them that their situation was similar to that of pro athletes. They go […] Source ..read more

How to Get Out of the Rat Race: A Doctor’s Guide Escaping the rat race often feels like a distant dream. But it’s more attainable than you might think. I’d never heard of the term “rat race” before until a few years of practicing dentistry. It’s a way of life where you’re caught in a […] Source ..read more

Lease vs Buy: Tax Benefits for Your New Car When considering the financial impact of getting that new car for your business/practice, you may find yourself weighing the benefits of leasing versus buying. The choice can have significant tax implications that require careful examination before you make a decision. If you listen to Dave Ramsey, […] Source ..read more

Marshawn Lynch’s Wealth Secrets: Turning NFL Advice Into Financial Gain Despite earning high incomes during their careers, up to 78% (ouch) experience financial distress or bankruptcy within two years of leaving the league. Contributing factors include the average career length of roughly 3.3 years, extravagant spending habits, lack of financial education, poor investment decisions, and […] Source ..read more

Steps To Achieve Financial Freedom: A How-To Guide Financial freedom means having the ability to make choices without being held back by financial constraints. It involves understanding and managing your income, expenses, debts, and investments to achieve a level of financial stability where you can focus on other aspects of your life (like having fun!). […] Source ..read more

ChatGPT’s Ultimate Guide to Dominating Your 2024 Goals Are you ready for 2024? Let me ask you a question. How many times have you witnessed people setting ambitious New Year’s resolutions only to see them dissolve quickly? All the time, right? Well, this year, I’ve decided to transform my approach to goal setting using ChatGPT’s […] Source ..read more

Financial Freedom vs Financial Independence: Key Differences Have you ever wondered about the difference between financial freedom and financial independence? These terms often get tossed around in personal finance discussions but aren’t the same. Financial independence (FI) is all about reaching a point where your passive income – money you earn without actively working for […] Source ..read more

How to Invest 100K for Passive Income: Proven Strategies  Investing $100,000 into smart investments can create a steady source of passive income. This means you can earn money without constantly working on it, giving you more free time. The aim is to grow your money safely to get regular income without constantly checking on it. […] Source ..read more

How To Get A Money Mindset For Financial Freedom Picture two friends with identical salaries. One travels, saves, and invests, while the other is always on the brink of a financial crisis. What sets them apart in their financial journeys? The answer often lies not in the numbers but in our beliefs and attitudes towards […] Source ..read more

Understanding Differences: Earned vs Passive vs Investment Income In the world of personal finance, understanding the different types of income is essential for developing a comprehensive financial strategy. Three primary types of income exist: earned income (active income) passive income investment income Each type of income offers distinct opportunities and challenges as individuals work to […] Source ..read more