Personal Finances | Budgeting, Spending, Saving

Why You Need A Paycheck In Retirement

During the five years before retirement, doctors face crucial financial decisions, and a detailed analysis of monthly spending needs and income sources, along with expert financial advice, is essential to ensure a worry-free retirement.

Personal Finances | Budgeting, Spending, Saving

How Do Your Personal Finances Stack Up?

Our member survey results are in! Find out how your personal spending, saving, and wealth building strategies compare.

Personal Finances | Budgeting, Spending, Saving

Teach Your Children About Money Management

They're never too young to start learning the value of a dollar! It will leave them better prepared to handle their own finances as adults.

Personal Finances | Budgeting, Spending, Saving

12 Strategies To Help Beat Inflation

Inflation is at a 40-year high and is likely to remain elevated for the foreseeable future. Fight back with these tips to rein in costs in 12 major areas of your personal finances.

Personal Finances | Budgeting, Spending, Saving

Top Four Apps To Improve Your Finances

If you’re not tracking your personal spending and automatically investing your savings each month, you could be robbing yourself of millions of dollars in retirement. Use these apps to manage your finances and set yourself up for success.

Personal Finances | Budgeting, Spending, Saving

Six Habits Of Millionaire Doctors

What characteristics separate the most financially successful doctors from all others? Did they inherit great wealth, or is their success based on their specialty, location, or just blind luck? Based on our 40 years of experience, we’ve narrowed down the top 6 habits that make millionaire doctors elite.

Personal Finances | Budgeting, Spending, Saving

4 Ways To Save On Your Family’s Medical Costs (Part Two)

Previously, we shared how to save on hospital bills by shopping around for the best prices, plus how to avoid surprise out-of-network costs. Now, we help you save on prescription drugs and provide tips to reduce your medical bills.

Personal Finances | Budgeting, Spending, Saving

4 Ways To Save On Your Family’s Medical Costs (Part One)

With medical costs rising at ever-faster rates, it’s critically important to find ways to save, while still receiving the best care. In this article, we uncover 2 ways to help to lock down savings on hospital procedures and elude billing surprises.

Personal Finances | Budgeting, Spending, Saving

6 Strategies To Save At The Gas Pump (Online-Only Article)

Gas prices have jumped almost 30% so far this year and are headed higher. Learn how you can save hundreds of dollars to help ease the pain.

Personal Finances | Budgeting, Spending, Saving

How Has COVID-19 Affected Your Personal Finances?

You can compare your financial situation with the averages of our 464 member-dentists and specialists who reported on their personal spending, savings, and asset accumulation in our 2020 Personal Wealth Survey.

Personal Finances | Budgeting, Spending, Saving

Top 5 Financial Apps For Your Success

Plan for a financially secure future with the help of our advisors’ favorite personal finance apps to control spending and increase your savings. Money management just got easier!

Personal Finances | Budgeting, Spending, Saving

20 Ways To Cut Your Personal Spending Now

It’s more important than ever, during times of uncertainty, to find ways to squeeze every dollar—and these strategies will help you keep extra money in your pocket, so you have more left over for retirement savings.

Personal Finances | Budgeting, Spending, Saving

Don’t Let Your Emergency Fund Rob Your Retirement Nest Egg

Read on for 5 alternatives to low-interest savings accounts, plus how to use them.

Personal Finances | Budgeting, Spending, Saving

Save Thousands By Purchasing Your Next Car Online

A better buying experience, explained! How you can take advantage of a newer, less painful car buying process—whether you’re shopping for a new or used car.

Personal Finances | Budgeting, Spending, Saving

Considering Buying A Second Home? Calculate The True Cost Of Ownership Before You Purchase!

Our analysis helps you determine if owning your vacation home is a wise move, or whether you’re better off renting a vacation property and using the added cash flow to boost retirement savings.

Personal Finances | Budgeting, Spending, Saving

6 Ways Financial Apps Can Help You Control Spending/Boost Savings (Online-Only Article)

There are several financial apps to help you use logic, rather than emotion, to improve your finances.

Personal Finances | Budgeting, Spending, Saving

Top 3 Budget Apps To Improve Your Personal Finances

Recommended tools from the Editor to help you manage your household finances with less stress & more saunter!

Personal Finances | Budgeting, Spending, Saving

Top 25 Strategies To Cut Spending And Build Your Wealth

Reduce the assets required at retirement $811,500 by cutting personal spending $2,500 a month! These tips will help you make it happen.

Personal Finances | Budgeting, Spending, Saving

Is A Balanced Savings Plan—Reducing Retirement Savings While Increasing Personal Savings—Best For You?

5 rock-solid reasons this approach could be devastating to your finances.

Personal Finances | Budgeting, Spending, Saving

6 Factors To Consider When Projecting Your Planned Retirement Spending

If you want financial security, don't blindly follow the conventional wisdom that you'll spend less in retirement than you do now.

Personal Finances | Budgeting, Spending, Saving

How Does Your Personal Spending Stack Up?

Pinpoint areas of overspending you can easily cut by knowing where your monthly personal living expenses rank compared to other dentists and specialists.

Personal Finances | Budgeting, Spending, Saving

Top 20 Strategies To Painlessly Slash Your Personal Spending

Reach your retirement goals faster by being a savvy shopper and using our tips to save regularly!

Personal Finances | Budgeting, Spending, Saving

9 Ways To Slash Your Prescription Drug Costs

You – and your wallet – will be healthier when you take these steps to lower your cost before your doctor even writes a prescription.

Personal Finances | Budgeting, Spending, Saving

How Do Your Personal Finances Compare?

Find out how your debt and savings levels stack up compared with other elite doctors in the results of our Personal Wealth survey.

Personal Finances | Budgeting, Spending, Saving

How Much Cash Should You Keep On Hand? (Online-Only Article)

Don't fall for the typical financial planner advice. Savvy doctors will be happier, and more profitable, following our advice!

Personal Finances | Budgeting, Spending, Saving

Add Up To $560,000 To Your Health Savings Account (HSA) Balance!

The difference in how you save or invest your HSA funds is truly amazing. Here's how to achieve the higher earning outcome!

Personal Finances | Budgeting, Spending, Saving

5 Hidden Pitfalls In Auto Leases; Here's Your Better Deal!

These hidden pitfalls are the reason for our long-held opposition to auto leasing.

Personal Finances | Budgeting, Spending, Saving

Are You Cheating On Your Spouse?

Your relationship and your retirement will both end up better off if you don't avoid talking with your spouse about money.

Personal Finances | Budgeting, Spending, Saving

10 More Ways To Save

Why spend more than you need to? Use these resources and strategies to easily reduce your spending & keep more money in your pocket!

Personal Finances | Budgeting, Spending, Saving

Top 30 Financial Lessons Learned Over 30 Years

Want an easy-to-implement financial budget, guaranteed to assure your financial success? Check out #15.

Personal Finances | Budgeting, Spending, Saving

Are You On Track For Retirement?

If you haven't accurately calculated your monthly living expenses as well as projected them for retirement, there's a chance you're behind on your retirement funding.

Personal Finances | Budgeting, Spending, Saving

Behind In Retirement Savings? 5 Steps to Catch Up Quickly

Shocked by your “number”? Try implementing these 5 tips to reach it faster.

Personal Finances | Budgeting, Spending, Saving

3 More Strategies To Cut Medical Costs

Here's how to get top notch medical care, while still protecting your wallet.

Personal Finances | Budgeting, Spending, Saving

4 Advantages Of Saving By Automatic Draft

Take the guesswork out of trying to time the market with your investments.

Personal Finances | Budgeting, Spending, Saving

The High Cost of Lazy Money

Instead of hoarding idle cash, consider these 4 sources of emergency funds so you don't lose out on hundreds of thousands in retirement!

Personal Finances | Budgeting, Spending, Saving

More Ways To Save

Keep more cash in your wallet with these money-saving tips and resources!

Personal Finances | Budgeting, Spending, Saving

How Much Will You Need To Retire? (Part Two)

Use this chart to determine the income-producing assets required at retirement to maintain your standard of living.

Personal Finances | Budgeting, Spending, Saving

How Much Will You Need To Retire? (Part One)

Planning your finances without knowing your spending level is like doing dentistry without taking X-rays.

Personal Finances | Budgeting, Spending, Saving

How Does Your Personal Spending Compare?

When they first begin tracking their monthly spending, most doctors are shocked to discover the actual number.

Personal Finances | Budgeting, Spending, Saving

More Strategies To Painlessly Reduce Your Personal Spending

Implementing these tips can help you significantly boost your savings for a more secure retirement!

Personal Finances | Budgeting, Spending, Saving

How Do Your Personal Wealth, Debt Level, And Annual Savings Stack Up?

Record levels were revealed in our reader survey results. But, what’s the story behind the numbers?

Personal Finances | Budgeting, Spending, Saving

Achieve Financial Independence By Putting Your Savings On Autopilot

Doctors who save this way have a 95% success rate in becoming fiscally independent.

Personal Finances | Budgeting, Spending, Saving

Top 30 Wealth-Building Strategies To Boost Your Personal Finances

How well are you managing your money? If you're not already using some of these recommendations, then you could be doing better!

Personal Finances | Budgeting, Spending, Saving

How A Comprehensive Financial Plan Can Improve Your Health (Online-Only Article)

Are you on the right track to achieving your financial goals in retirement? If you don't have a plan, then you're planning for financial disaster!

Personal Finances | Budgeting, Spending, Saving

Top Apps To Help Manage Your Personal Finances

Want to be financially efficient on the go? Try out these money management apps that will save you time and money!

Personal Finances | Budgeting, Spending, Saving

How To Build Wealth While Maintaining An Emergency Fund

Don't lose hundreds of thousands of dollars over the course of your career by leaving “emergency funds” invested at microscopically low returns!

Personal Finances | Budgeting, Spending, Saving

Am I Saving Enough? (Online-Only Article)

Many unknown variables may affect your ability to retire when you want to, so make sure you pay close attention to the one aspect you CAN control – how much you are saving.

Personal Finances | Budgeting, Spending, Saving

Do You Have An Automatic Savings Plan? (Online-Only Article)

Are you a saver, a spender, or a giver? The truth is, it’s best to be a little of all three; finding a balance between them all is the hard part! Here’s how to find a balance AND reach your financial goals!

Personal Finances | Budgeting, Spending, Saving

Cut Discretionary Spending 30% By Paying With Cash

Here’s two of the most effective ways to deal with out of control living expenses, followed by some benefits of kicking the credit habit.

Personal Finances | Budgeting, Spending, Saving

Living Well “On The Cheap” Through Online Bargain Shopping

Shave hundreds, if not thousands, off monthly personal living expenses, without sacrificing quality of life.

Personal Finances | Budgeting, Spending, Saving

Top 10 Strategies Doctors Are Using To Slash Personal Spending

As the gap widens between doctors’ net worth and assets required for retirement, proper budgeting is essential.

Personal Finances | Budgeting, Spending, Saving

How to Make Budgeting For Personal Living Expenses Easier

Free, user-friendly internet resources leave even the laziest doctors with no excuse to not track their spending.

Personal Finances | Budgeting, Spending, Saving

Reach Retirement Goals Faster By Cutting Personal Spending

What’s your number? The amount you need to retire is probably much bigger than you think.

Personal Finances | Budgeting, Spending, Saving

How to Determine the Best Way for You to Save for Retirement

Pre-tax vs. after-tax? Which means of saving is right for you?

Personal Finances | Budgeting, Spending, Saving

Curb Your Overspending: How to Master the Psychology of Change

The fact is that most doctors must change their spending and saving habits to successfully adjust to the new economic reality.

Personal Finances | Budgeting, Spending, Saving

How to Assure a Successful Retirement Despite the Stock Market Crash

As economic conditions worsen, doctors may need to adjust their game plan to achieve financial security in retirement.

Personal Finances | Budgeting, Spending, Saving

How Do Your Monthly Personal Living Expenses Compare?

Setting and maintaining a personal budget is paramount to a doctor’s financial well being.

Personal Finances | Budgeting, Spending, Saving

Time to Adjust Your Personal Spending and Savings Rates To Avoid a “Train Wreck” at Retirement

Given longer life expectancies, reduced Social Security benefits, and higher spending habits, doctors must make changes.

Personal Finances | Budgeting, Spending, Saving

How to Negotiate Substantial Discounts On Everyday Purchases

Why pay retail when you don’t have to?

Personal Finances | Budgeting, Spending, Saving

Five Steps to Achieve Financial Independence

In this era of economic uncertainty, doctors should act decisively to put their financial house in order.

Personal Finances | Budgeting, Spending, Saving

Increase Savings by Eliminating the “Gone Factor”

Implementing an automatic savings program is essential to reaching financial independence.