Why Doctors Don’t Get Rich

I recently attended a weekend conference focusing on family, legacy, and wealth. There were a lot of rich people there, but there weren’t a lot of doctors.

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One of the speakers that weekend actually is a doctor, although, like me, he’s reached financial independence and hasn’t seen an O.R. in a couple of years.

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Why Doctors Don’t Get Rich

If you know anything about Robert Kiyosaki’s approach to wealth, then you probably know that real estate played a prominent role in Tom Burns’s path to riches.

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He admits to making numerous mistakes over the years, always learning from them.

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Dr. Burns says that “poor” doctors live pretty well, but they spend what they earn, leaving little room to become truly wealthy.

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They must work indefinitely, often with long, arduous workdays, to maintain that standard of living.

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Meanwhile, a rich doctor “is financially educated, enjoys freedom of choice, and lives life with purpose, passion, and service.”

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He’s right. Most doctors receive no formal education in business or personal finance.

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Too many of us start living “the good life” with all of its trappings before we truly have the means to afford it. Delayed gratification gone wild.

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Why Doctors Don’t Get Rich

I recently attended a weekend conference focusing on family, legacy, and wealth. There were a lot of rich people there, but there weren’t a lot of doctors.

One of the speakers that weekend actually is a doctor, although, like me, he’s reached financial independence and hasn’t seen an O.R. in a couple of years.

Why Doctors Don’t Get Rich

If you know anything about Robert Kiyosaki’s approach to wealth, then you probably know that real estate played a prominent role in Tom Burns’s path to riches.

How Dr. Burns Got Rich

He admits to making numerous mistakes over the years, always learning from them.

How Dr. Burns Got Rich

Dr. Burns says that “poor” doctors live pretty well, but they spend what they earn, leaving little room to become truly wealthy.

So Why Don’t Doctors Get Rich?

They must work indefinitely, often with long, arduous workdays, to maintain that standard of living.

So Why Don’t Doctors Get Rich?

Meanwhile, a rich doctor “is financially educated, enjoys freedom of choice, and lives life with purpose, passion, and service.”

So Why Don’t Doctors Get Rich?

He’s right. Most doctors receive no formal education in business or personal finance.

So Why Don’t Doctors Get Rich?

Too many of us start living “the good life” with all of its trappings before we truly have the means to afford it. Delayed gratification gone wild.

So Why Don’t Doctors Get Rich?

SWIPE UP NOW TO READ MORE

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