You thought the ending to the title was going to be “…Solo 401k” didn’t you? That’s where DH (Dear Husband) thought this was going when I told him about this blog post. I pointed out that a Solo Parent-Child trip is actually more valuable than a 401k. For the myriad reasons why read on in time for a “Mother’s Day” type blog post. Continue reading “The Benefits of Investing in a Solo Parent-Child Trip”
Last week, I had a fantastic 8 days. So I wanted to share what I learned after A) going on a cruise to Cuba with Physician on Fire, etc and B) attending FinCon 2018 (a gathering for financial bloggers and podcasters—where I mostly hung out with the 20+ Physician bloggers there):
1) “We’re not alone!” This is the single most common refrain—with relief evident in their voices—people repeatedly said as they remarked how refreshing it was to meet others like them. Continue reading “You are Not Alone: the Importance of Finding your Monetary Tribe (#FinCon2018 Recap)”
“We’re in this stage of life where we’re supposed to have flexible time because we’re raising children, yet none of us have this time we need because we’re all working. It doesn’t make sense.”
One of my friends from Germany recently wrote this to me in an email and I agree wholeheartedly with him. So many of us are doing life backwards : having kids and working full time, but after the kids move out, then we retire or change to working part-time.
If people were financially free Continue reading “What Financial Freedom can do for you”
I was talking with a physician friend of mine about this two-part blog series. She said I was writing about I’s and O’s. This is medical talk for “In” and “Out.” In other words, what doctors monitor in hospitalized patients: how much liquid they took in and how much they put out.
After having spent years borrowing money just to eat (hello undergrad (for me) and med school for both of us), we’ve focused on frugality, so more money stays in then goes out.
Last week I talked a little about how we consciously choose to fight the American consumer trends by consuming less and how we are beyond blessed in our current life circumstances.
We’ll pick up today where I left off about how we are counter culture and how this gives us more freedom to choose how we spend our time:
If you own a business or you ever felt like there’s more to life than just obtaining stuff, you should read STRETCH by Scott Sonenshein.*
The premise of this book is by unlocking the power of less, you’ll achieve more than you ever imagine—lifelong satisfaction can be gained from stretching resources instead of chasing more. He gives many examples of businesses who chased more resources ended up bankrupt, versus others that triumphed from stretching their existing resources.
A book summary (as my friends sometimes ask me for):
He died mid-sentence. Eight years old and talking to me.
“My belly hurt, so I took some pepto from mom and-”
Eyes rolled up before they closed, his head lolled to the side, neck pulseless. Dead before we could hit the code button. An hour later, still dead. Continue reading “Why Do Doctors Write?”