[FPMD: Dr. Jim Dahle has been a great role model for me as a physician money blogger. I'm proud to feature another FPMD guest post on the White Coat Investor. The post is more sentimental and less "cold hard facts". I hope you enjoy. Read the full post at White Coat Investor. Excerpt below.]
“I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will allow my fear to pass over me and through me. And when it has gone I will turn my inner eye to see its path. And where the fear has gone there will be nothing. Only I will remain.” – From Frank Herbert’s “Dune”
We all have fears – that gripping sensation you feel when the possibility of a negative outcome enters your peripheral vision. You may fear something entirely different from me, but that sensation is shared. Fear can motivate us or petrify us. Some fears are common – fear of death, fear of illness, fear of hunger etc. But in modern civilization where the world runs on money, few fears rise higher in the ranks than the fear of poverty. Today I’m going to get a little personal and share with you my greatest financial fear.
A bit of background about me – I am a Chinese immigrant. I grew up in the biggest city in the northeast most province of China called Harbin. It’s a little bigger than Chicago by population size. Anywhere else in the world it would be considered a huge metro, but in China it’s just a regular sized city. My parents were well-educated professionals and very well compensated compared to their peers. So even though I grew up during a relatively impoverished period in Chinese economic history, I never knew what it was like to go hungry. In fact, mine was one of the very first private households in the entire city to get a telephone.
When we first arrived in the United States, my family came as illegal immigrants. So I had a drastically different experience. As a child, I remember driving in a car without air conditioning, raiding the trash at the local thrift store for clothes and moving from an apartment into someone’s basement to save on rent. Still I never went hungry – my mother worked at several local Chinese restaurants so there were always leftovers. What’s my point? I’ve known what it’s like to be poor, although not poor enough to be homeless or go hungry.
Curbside Real Estate is a concierge brokerage that specializes in connecting physicians, many of whom have recently completed their residency programs or fellowships, with the best home loan program for them and a carefully-vetted real estate agent, effectively eliminating the guesswork and frustration commonly associated with buying a home. The mission of Curbside Real Estate is twofold. Its primary mission is to allow physicians to focus more on their profession and families, and less on the stresses of buying a home, by streamlining the process. Its secondary mission is to give back by creating homes for underprivileged children.