There were a number of reasons I felt compelled to start this blog nearly 2 years ago, and one of them was to help increase financial literacy for DVM’s before there was any sort of market downturn. Taking action on your money is easier to accomplish when the economy is doing well and individuals have…Read More
Building up a savings account for a rainy day is a must when it comes to financial well-being, and this includes having enough funds to cover medical expenses. You don’t want to be in a position where you are avoiding a trip to the doctor because you don’t have the funds to pay for a…Read More
The post Marie Kondo and Your Finances discusses the mindset around decluttering and organizing your finances. Here, you’ll be getting some tactical tips on ways to physically and digitally organize your financial life. Why is this so important? Because when your finances are disorganized, you are wasting both your precious time and money! Time is…Read More
Note: This post was originally published in January, 2019. Simplicity. This is what I strive for, with my everyday life and my choices. So back in 2014, when this little book with a long name called “The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing” by Marie Kondo became all the…Read More
Note: This post originally published in December 2018. It has been updated for 2019. According to the Merck Animal Health Veterinary Wellbeing Study, one of the biggest stressors in a veterinarian’s life is money. One could argue that this is a top stressor for almost anyone, but veterinarians are especially prone to financial stress. Why?…Read More
The ever-elusive work-life balance….how does one achieve this? Perhaps the problem is that we have a pretty clear understanding of what constitutes the “work” part, but how exactly do you define the “life” part of this equation? Did we ever feel “life” balance before work entered the picture? One important component of life is your…Read More
A recent plane ride had left me a bit nervous before takeoff. The weather at our destination was supposed to be pretty terrible, with a lot of wind and rain in the forecast. I braced myself for a bumpy plane ride. I was also crossing my fingers that my kids wouldn’t get sick on the…Read More
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 More
Practicing veterinary medicine feels a lot like you’re playing defense. The patient comes in with a problem. You use your skills to diagnose and treat the problem while taking into account the owner’s finances, owner compliance, and patient compliance. With each step, you are constantly vigilant, ready to respond to forces outside your control. When…Read More
What’s stopping you from achieving your goals?
Time and money are typical answers. These are both limited resources, so not having enough of one or the other (usually both!) are difficult roadblocks to overcome for many of us.