Posts Tagged ‘investing’
What Will You Make of Your Millions?
$5.8 million. This is the number that you can expect to earn in a lifetime according to these conditions: Starting salary: $80,000 Age: 26 Retirement age: 65 % annual increase in income: 3% Of course, these numbers will vary WIDELY depending on your situation. Change any of these variables, and you will have different results.…
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 MoreHealth 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 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 MoreVet Success Stories: A Globe-Trotting DVM Shares Her Debt-Free Journey
I’d like to introduce a veterinarian who has been quite the adventurer! Her job as a military DVM has taken her across the globe, and she has even done a stint as a vet working in the UK. She’s had experience owning rental real estate, and she’s about to embark on a NEW adventure. Read…
Read MoreVet Success Stories: 100% Debt Free, Including the Mortgage!
This USDA veterinarian (who wishes to remain anonymous), resides in the Midwest with her husband and children. She also works as a part time associate veterinarian. She wanted to share her story of becoming completely debt-free, including her mortgage! 1.Give us a little of your background and how you got started in veterinary medicine. After…
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 MoreWomen and Money: Avoiding "Money Stuff" and How We Can Do Better
Updated October, 2020 I’m not one to go on huge shopping sprees, but if there’s something I need to buy, you’d better be sure that I’m looking for some deals. For many years, this was my definition of being good with money. Make intentional purchases, and make sure you’re not paying full price. How about…
Read MoreYour Savings and Investing Options: Fill Your Buckets!
Seeking Financial Advice Part 3: Finding Your Ideal Advisor
In general, I’m a big fan of outsourcing if you have the means to do so. Outsourcing buys you time, and time is a resource that is limited to every single person on this planet, regardless of who you are. However, I have to say I’m really surprised when people outsource their finances to someone…
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