Money Talk
Health Savings Accounts: The Ultimate Triple Tax-Advantaged Account
Updated 3/2022 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…
Read MoreTips For Organizing Your Finances
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 MoreMarie Kondo and Your Finances
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 MorePersonal Finance New Year’s Resolutions You Can Start TODAY
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 MoreWork-Life Balance Is Not Enough: Focusing on the Bigger Picture
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 MoreHoliday Spending Tips: Plan Better and Beat the Stress!
Every year, the holiday decorations and holiday-themed music seem to start earlier and earlier. So do the sounds of credit cards swiping and keys tapping/fingers swiping as online shoppers scour the internet for the best deals. For some people, this is truly the most wonderful time of the year. But for many others, this time…
Read MoreShowing Your Money Who’s Boss: The YNAB (You Need A Budget) Method
Do you REALLY need a budget? Well, if you’re wanting to make some significant changes to your money story, then you’ll have to have SOME form of budgeting. I’m sorry to say that your numbers aren’t going to magically fix themselves so that you’re rolling in the dough. That’s the #truth. It’s becoming harder to…
Read More10 Ways Veterinarians Can Prepare for the Next Recession
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 MoreIncreasing Income as a Veterinarian: 9 Strategies
Updated September 2021 When you hear the word “budget,” what do people usually think about doing first (other than running the other way as fast as possible)? They usually think about decreasing their spending, which is not very pleasant to think about. It brings about feelings of deprivation, scarcity, and hardship because now you have…
Read MoreInvesting Wisely after Debt Payoff
Here is a great question that I received from a reader: “How do I invest wisely after we pay off our debt?” Some people would go straight to a financial advisor and ask their advice about investing. As I’ve explained in multiple posts, if you don’t know the basics of how the financial industry works…
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