Money Talk
AVMA Convention 2019: The Highs, the Lows, and Everything In Between
Many moons ago, I attended an AVMA Convention in Washington DC. The details are a little fuzzy right now, but there is one detail that was definitely different this time around. Rather than a casual attendee, I was now invited as a speaker. WHAT?!? Never did I imagine myself as someone standing behind the lectern,…
Read MorePrivate Practice versus Academia- Looking At the Numbers
This guest post was submitted by The Vetducator, a veterinary professor with more than 20 years’ experience in academia. He has served as a section chief, department chair, director of the internship selection committee, and on numerous faculty search committees. He reads extensively on financial topics, notably the blogs Mr. Money Mustache, White Coat Investor,…
Read MoreCreating Big Change With Financial Education
Remember when money was fun and uncomplicated? As a child, you might have received some money for your birthday or during the holidays. You didn’t quite know the power that you held in your little hands, but you knew it was there by the way people reacted when you proudly displayed those crisp bills. Maybe…
Read MoreVeterinarians and Life Planning: Getting Your Priorities Straight
There is one point that I tend to hammer home over and over again: personal finance is more than just the numbers. Focusing on the numbers alone is not guaranteed to motivate someone to change their money story. The central question to ask yourself is “Why?” What is it about your current situation that makes…
Read MoreThe Three Fund Portfolio: A Book Review
This post contains affiliate links. Please refer to my disclosure statement– thank you! When it comes to investing, the simpler, the better. Jack Bogle, the founder of Vanguard, repeated this message over and over again throughout his long career in investing. This message had particularly resonated with a man by the name of Taylor Larimore.…
Read MoreThe One Smart Money Move That New DVM Grads Can Start Today
As a new veterinary graduate starting your career, life can be overwhelming. You have just spent four intense years of your life preparing for this moment, not to mention all of those years of education and experience to get you into vet school. You are more than ready to finally practice as a full-fledged DVM.…
Read MoreInvesting: Should You Use a Roboadvisor?
Ever wish you could get started with investing, but you felt like you needed a financial advisor to help you figure it all out? Thanks to technology, people are turning less to human advisors and relying more on roboadvisors. In order to understand how roboadvisors fit into the picture, it’s important to look at the…
Read MoreUse Automation To Make Your Financial Life Easier
Want a really easy way to get better at money? Pay off debt? Save money? Build wealth? AUTOMATE! It turns out that the best way to accomplish these goals is to sidestep human nature. Our brains aren’t wired to prepare for events far off in the future because we have more pressing concerns in the…
Read MoreAvoid Common Pitfalls with Benefits in Veterinary Practice
The following blog post is a reprint from an article that was originally printed in the Oregon Veterinary Medical Association magazine. The author, MacKenzie Martin, is a financial advisor who works with many veterinarian clients. You can find out more information about her here. She has given full permission to re-print this article on this…
Read MorePay Off Debt Or Invest? The 9 Step Priority List
Should I pay down debt or invest? If you happened to win the Mega Millions, then the answer would be pretty easy. The first thing people typically want to do is to pay off all debt. Then in no particular order, they spend, donate, and invest. But of course, we are not Mega Millions lottery…
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