GUEST POST: The 5 Most Important Money Lessons I Give My Residents

GUEST POST: The 5 Most Important Money Lessons I Give My Residents

[FPMD: Today's guest author is a good friend and fellow physician money blogger - Passive Income, MD is an anesthesiologist who blogs at http://www.passiveincomemd.com/.]

A large part of my job is teaching. In fact, every day I teach both residents and fellows. The subject matter is mostly anesthesia-related, but I can’t help throwing in some financial lessons I’ve learned along the way.

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Future Proof Shares - 6/15/2016

Future Proof Shares - 6/15/2016

We live in an amazing world of constant information, sometimes it can get overwhelming.  "Future Proof Shares" is a weekly series with the goal of selecting a few interesting pieces of media on money and medicine from around the Interwebs.  They may be old or new but will always be new to me.  This series is inspired by "The Sunday Best" by my fellow physician money blogger Physician on FIRE (PoF).  Enjoy!

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Future Proof Shares - 6/8/2016

Future Proof Shares - 6/8/2016

We live in an amazing world of constant information, sometimes it can get overwhelming.  "Future Proof Shares" is a weekly series with the goal of selecting a few interesting pieces of media on money and medicine from around the Interwebs.  They may be old or new but will always be new to me.  This series is inspired by "The Sunday Best" by my fellow physician money blogger Physician on FIRE (PoF).  Enjoy!

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"Eighth Wonder of the World"

"Eighth Wonder of the World"

If you are a regular WCM reader, you likely appreciate the concept of Time Value of Money (TVM).  If you are new to WCM, check out Why You Should Start Saving - Yesterday!  At the core of TVM is the concept of compound interest - about which Albert Einstein reportedly said:

Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.
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GUEST POST: Contracts 101 - Private Practice vs. Corporate Employment

GUEST POST: Contracts 101 - Private Practice vs. Corporate Employment

Over the years the employment of physicians by corporate entities has grown dramatically.  Last year, 67% of all graduating residents and fellows chose hospital employment over joining a private practice.  This trend is more pronounced for certain specialties (we recently had a client tell us out of her Family Medicine graduating class of 30, only one is going into private practice).  Let’s talk about the pros and cons of the traditional model of private practice vs. the new trend of corporate employment.

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Future Proof Toolkit: Personal Finance Blogs

Future Proof Toolkit: Personal Finance Blogs

One of the readers recently asked me what websites I frequent for financial and medical news.  So I thought: "What a great opportunity to start a new series?!"  "WCM Favorites" will highlight my personal favorites resources on a variety of topics (usually free and available online).  To start, here is a list of my favorite personal finance blogs in alphabetical order.  This is by no means an exhaustive list.  There are more personal finance blogs out there than you can shake a stick at, these are just a handful that I frequent.

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