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Welcome to the blog!
A repository of articles about things doctors didn't learn in medical school, covering side gigs, finances, the business of medicine, life in medicine, and more. These resources are intended to take a deeper dive into specific topics referenced in our educational pages.
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Would I Benefit From Using a Tax Strategist?
How to determine whether the benefits of using a tax strategist over a regular accountant are worth it for high-income earners like physicians based on the situation
How to Choose the Best Life Insurance Company and Policy
How to decide between the many life insurance companies offering you a policy and choose the right one based on cost, reputation, and best fit with your needs
Should I Hire My Spouse and Pay Them from My Business or Side Gig Income?
Why hiring your spouse from your business or side income may not make sense, why it is unlikely to decrease how much you pay in taxes, and retirement considerations
Donor Advised Funds for Charitable Giving: Pros, Cons, Taxes, and More
Why using a donor advised fund for your charitable giving may be tax-advantaged, how to set up & maintain one, related rules, & how it differs from a foundation
Should You Refinance Your Medical School Loans?
Pros and cons of refinancing your medical school loans to lower the interest rate & repayment costs, & how to decide if it makes sense to pay off debt or pursue PSLF
The VC Fund Life Cycle: Understanding the Stages of Venture Capital Investments
Life cycle of a venture capital (VC) fund, including fundraising, picking investments, supporting companies, & final distributions of money back to investors at exit
Do Non-Procedural Specialty Physicians Need Disability Insurance?
Why disability insurance is important for all doctors, even if you’re in a non-procedural specialty where you think it's unlikely you couldn't work in some capacity
Workplace Insurance Benefits: Options Commonly Offered & If You Should Take Them
Common workplace insurance options offered through employee benefit programs, including health, dental, life, and disability coverage, & whether you should take them
Do You Need Life Insurance If You Don’t Have Kids?
Why & when it's important to consider purchasing life insurance even if you don’t have kids, including to help or protect other loved ones financially or cover debt
The Cost of Living Adjustment Rider (COLA Rider) for Disability Insurance
A Cost of Living Adjustment (COLA) rider protects disability insurance benefits from inflation, but is expensive to add to a policy; learn when it makes sense.
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