Posts Tagged ‘debt payoff’
The Racial Wealth Gap, and What Veterinarians Can Do About It
Building wealth comes down to a very simple formula. Make more money than you spend. Invest the difference wisely. Set your kids up for success so that future generations may prosper. The formula may be simple. But the ability to build wealth and pass it along is NOT a level playing field- not by a…
Read MoreSteps To Take With Your Money When Chaos Abounds
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 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…
Read MoreSeeking Financial Advice Part 2
In Part 1, I discussed the first step before hiring a financial advisor: Dig deep and understand WHY you’re hiring them. Sounds so simple, but you would be surprised how often people choose financial advice without understanding how the industry really works. If you’re not clear about your own goals, you may find yourself wasting…
Read MoreStudent Loan Repayment Advice for Veterinarians: Where To Turn?
Updated September 2021 Let’s say you have a ton of student debt. You need help figuring out how to pay this thing off. Your veterinary program didn’t do such a great job on giving you the tools to do this before you graduated. So now you are on your own with your degree (yes!) and…
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