Future Proof Shares - 6/6/17

Welcome back to another edition of "Future Proof Shares" - a weekly series with the goal of selecting 5 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! 

  • There's a particular sector of the economy that has been struggling and it's impossible not to take notice.  It seems business gets harder everyday for any retailer in America whose name is not "Amazon."  Mr. Tako Escapes explores the question - Is Retail Dead?  He has a good idea.  Do you?
  • While renting vs. buying is an age-old question for anyone, it's an especially big concern if you are a medical student heading into residency.  With these evergreen type of questions, the more viewpoints you take in, the better informed your decision will be.  Ryan from Physician Wealth Services shares a few tips in Should You Rent of Buy Your Home in Residency?  [Full disclosure: Ryan is a paid sponsor of FPMD.]
  • The following resource is a new find for me, High Income Parents is a blog dedicated to "helping high income parents raise awesome kids."  Tom is a anesthesiologist and a father of 5 who has been sharing some great insights over the last few months.  While I don't have any kids of my own, I still find many of his articles helpful.  Here is one that may go against the conventional wisdom - Should I Pay Down Debt or Save for an Emergency Fund? Maybe Neither.
  • Many financial gurus have stressed the importance of setting up a budget - a plan for every dollar you make.  But not too many has gone thru the trouble of customizing one for a medical trainee.  Big thanks to the Wall Street Physician for this latest entry in the Intern Financial Survival Guide - Budgeting As A Resident.
  • The further I progress in my medical education, the more I realize there is really only one finite resource that we can never regenerate - time.  I've become keenly aware of how inefficient most people are with managing their time, myself included.  Passive Income MD shares some personal tips in Things I Delegate, Things I Don’t…  Do you delegate enough?

Sponsor Highlight

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Future Proof, MD

Dr. Bo Liu is an aspiring radiologist-in-training and the founder and editor of the White Coat Money Blog.  He has an interest in interventional radiology and helping his medical colleagues get ahead in this mad world of medicine and money.  When he's not crushing the list at the PACS station or typing up your next favorite blog post, you can usually find him at the local badminton club, movie theater or the most recently opened restaurant.