One of the most common questions among dentists who want to start their own practice is whether to buy or lease a commercial property. Through in-depth analysis, it was concluded that buying commercial property is the better option if you plan on staying in the same location for 7 or more years.
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 MoreThere are many factors involved in opening your own dental office which can be both confusing and overwhelming. Knowing the correct steps to take can help you save a lot of time and money and keep you on track to starting your dream dental practice.
Read MoreAs we optimistically set out to achieve great things at the beginning of the year, we must break our goals down into small manageable, attainable and realistic ones. Setting new year resolutions has been a long time tradition but did you know that statistics show that only about 10% of people actually stick to their new year resolutions past the month of January?
Read MoreThe ever increasing cost of living and educational tuition has given rise to hefty student loan debt for many new graduates. It is evident that we must become more financially aware and create more avenues to improve our financial stability. One term that has gained a lot of notoriety lately is the “side hustle”. Everyone seems to have one or are trying to figure out a way to get one.
Read MoreImproving your life usually begins with one big gesture that creates branches of change. Those branches must be constantly tended and nurtured. Its typically those small things which cause the lasting change. I have personally accomplished some of my goals this year, but I have areas that I will be working to improve . Here are some of the things I am working on and some ideas help you continue to grow:
Read MoreEvery year in our offices there seems to be this age old debate on holiday hours. Practice owners can get tunnel vision where we end up focusing on dollars and cents and “bottom lines.” We get a little hung up on how much we think we will be “losing” if we close the office on certain days. While office closure can affect our bottom line, with proper planning we can figure out ways to work around that issue and make it so the bottom line isn’t affected at all.
Read MoreThe holidays can be such an expensive period! It all starts in October around Halloween and it seems like every week thereafter you’re faced with a reason to spend money. From Halloween to Thanksgiving, Black Friday, Cyber Monday and then Christmas - it seems like you’re shelling out money left and right and it can swiftly ruin your budget
Read MoreMost people think that the best time to have their child see an Orthodontist is during the pre-teen and teenage years. However, there are good reasons to have your child get an orthodontic evaluation a lot sooner.
Read MoreI love finding products that I feel comfortable recommending to my patients and that I can get behind! Recently, quite a number of my patients have been inquiring about natural dental products that are free of fluoride and some of the other popular (and sometimes toxic) ingredients that we have come to expect to be in our products.
Read MoreDiversity & Inclusion has been a hot topic lately. While many companies are slowly adapting and adopting this idea, there are others that are confused as to what exactly this means. The common misconception is that this idea came about as a way to fill some kind of quota - nothing could be further from the truth. This article aims to outline exactly what Diversity & Inclusion means, the effects it has on your business and the steps you and your company can take to get on board and become a more diverse and inclusive workplace.
Read MoreThe DHH team was in Jamaica recently where over 500 patients received essential and life changing dental care.
The purpose of the Dental Helping Hands (DHH) Non-Profit Organization (NPO) is to provide dental services to people who do not have access to dental care, who cannot afford it and who would otherwise not be able to receive treatment. The founders of the organization have a solid mission of giving back to people of our respective communities and countries.
Read MoreLake Como is one of the most beautiful places in Italy and one of the dreamiest destinations to travel to. This summer I happened to have my wedding there and it was hands down one of the most beautiful places I’ve been. Shaped like an inverted “Y, “ surrounded by mountains and dotted with charming waterfront villas and open air restaurants - Lake Como is the most picturesque travel destinations.
Read MoreA truly great boss is hard to find, difficulty to leave, and impossible to forget. You’ve heard it before - people don’t leave jobs or their companies, they leave their bosses. This holds true as I think about the bosses I’ve had and as I reflect on the type of boss that I aspire to be.
Read MoreConsolidation and refinancing can both be viable options when trying to simplify student loan repayment or lower monthly payments. Combining student loan balances under one roof, either through consolidation or refinancing, has the potential to lower a borrower’s interest rate (in the case of refinancing), extend the repayment term, or both, which can reduce the monthly payment to a more affordable level.
Read MoreDental Helping Hands is a non-profit organization that provides dental health services to underserved communities in developing countries. It all started when three classmates of Howard University College of Dentistry decided they wanted to give back. The group consists of an Oral Surgeon, an Orthodontist and a General Dentist with the heart to share their talents with the world. T
Read MoreI did a complete financial overhaul about a year ago and discovered over $6000 of wasted money. A big chunk of that was in cell phones bills! This was a major money leak. Money leaks are those small expenses that you forget about soon after spending the money. They can wreak havoc on your budget.
Read MoreOne of the most challenging parts of getting a grip on your finances is finding money “leaks” and plugging them. I speak a lot on saving/investing for retirement and tackling student loans. However, I must address the topic of unknowingly wasting money aka money leaks. The faster we figure out where all our money is going the better we will be able to plan and have more money to put towards saving, investing, paying off debt, etc.
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 MoreDo-It-Yourself (DIY) braces and at-home teeth straightening kits have become a trend popping up all over the internet, promising dentist-quality results at a fraction of the price. While I understand how attractive these may look and sound, unfortunately, things that sound too good to be true often are. As an orthodontist I have seen some pretty damaging effects of DIY braces and wanted to share a few facts about this dangerous trend.
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