Becoming a dentist was a dream come true for me. After years of hard work, I was able to build a successful career in dentistry that spanned 15 years (essentially). It was a journey that took me through two different jobs, earning a substantial income in the first four years out of dental school, and eventually purchasing and selling my own dental practice.
Read MoreFinancial independence is a dream that many people share, especially in the United States. The ability to live comfortably and support oneself without worrying about the next paycheck is a goal that most people aspire to achieve. However, there are many factors that can affect a person's ability to attain financial independence. In this blog post, we will discuss some of these factors, including student loan debt, the cost of owning and running a dental practice, and the cost of having children and touch a bit on the Financial Independence Retire Early (FIRE)movement as it relates to all this.
Read MoreWhen speaking of saving for retirement, it is very important to have some knowledge of compounding interest to fully understand the benefits of starting early. This post will cover some retirement basics, contribution limits and what to do with extra money should you find yourself so lucky.
Read MoreWhether you’re a first-time investor or have been investing for many years, there are some basic questions you should always ask before you commit your hard earned money to an investment.
Read MoreInvesting can be a confusing topic but a vehicle that can change your financial future for the better. You don’t need a lot of money to start investing. In some cases, you only need a few dollars to get started. Of course, you may have a goal of increasing your investments over time but don’t let limited resources stop you from building your long-term wealth.
Read MoreIt is never too early to start saving towards retirement. A main focus for many of us this year will be our money management and long term goals i.e retirement planning. It is very important o have some knowledge of compounding interest to fully understand the benefits of starting early. In this post I will cover some basics of retirement planning and hopefully compel every young professional to start saving towards retirement (if you haven’t already).
Read MoreAsset protection is a hot topic among young professionals. Let’s face it, we spent years in school and sacrificed a lot to get to this point so it’s only right to search for ways to protect what we’ve earned. Asset protection is a term used to describe the way we go about protecting our finances from those who see us as a target. These may be creditors, individuals looking to sue, etc. Everyone needs to give thought to this but there are some groups, namely physicians and dentists that are more vulnerable to legal action.
Read MoreIt is never too early to start saving towards retirement. As the new year approaches everyone is setting their goals and intention for the coming months. A main focus for many of us will be our money management and long term goals(retirement planning). It is imperative to have some knowledge of compounding interest to fully understand the benefits of starting early. In this post I will cover some basics of retirement planning and hopefully compel every young professional to start saving towards retirement(if you haven’t already).
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