The Sunday Best (5/15/2016)

Sunday Best

The Sunday Best is a collection of a handful of posts I share with you each week. With so many informative and inspirational writers out there, I have no trouble coming up with 5 worthwhile reads each week.

 

Most posts will be from recent weeks, written by physicians, and related to personal finance, but expect to find a post or two that are lacking at least some of these elements.

 

Presenting, in no particular order, this week’s Sunday Best:

 

“I could get used to this” says the voice in the Lexus commercial. “Don’t“, says Jim Wang @ Wallet Hacks in a piece that serves as a nice companion to my Make it a Treat post, entitled I Could Get Used to This.

 

Abuse of prescription opioids kills an American every 19 minutes. Indications are that Prince was likely among the dozens of victims one particular day. Sanjay Gupta, MD suggests Doctors must lead us out of our opioid abuse epidemic.

 

In an oldie but goodie, Megan Lewis, M.D. @ Ideal Medical Practices provides a mouthwatering metaphor reflecting a sad reality in How Do Doctors Get Paid? The post is from 2009, and sadly, the situation has only gotten worse since then. #ICD-10

 

Perhaps inspired by Dr. Lewis’ metaphorical piece, Mark E. Williams wrote The story of a man who was a very good cook, a brilliant allegory recently published @ KevinMD.

Big ERN @ Early Retirement Now makes a case for abandoning the traditional “emergency fund” in Our Emergency Fund is Exactly $0.00, a title which isn’t exactly accurate, but the arguments are sound.
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Have a great week!

-PoF

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7 thoughts on “The Sunday Best (5/15/2016)”

  1. Thank you Dr., thanks so much for the link to our page. We also enjoyed all the other very interesting reads. Not being MDs we didn’t realize all the challenges you face. Thanks for keeping everybody healthy despite the bureaucracy!

    Reply
    • You’re very welcome. Thanks for writing a worthy post – it’s been the most popular of the Best so far today. Strong work!

      We do our best to thrive in the face of red tape, and my glass remains half full. The increasing burdens do start to wear on doctors though, which is one of the main reasons I created this site – to offer an escape route to those who desperately need it.

      Best,
      -PoF

      Reply
  2. Subscribe to get more great content like this, an awesome spreadsheet, and more!
  3. Enjoyed the emergency fund article – very thought-provoking. Of course, most people have not gotten to the stage Mama and Papa ERN occupy. The new attending with $200k student loan debt and living like a resident might not have the luxury of drawing down on the HELOC or even credit card float available. But for those who have paid off student loans and are on their way to FIRE, I agree that emergency needs can be planned for more creatively. Glad you recommended this article.

    Reply
    • Very true Johanna, their plan wouldn’t work for everyone, particularly those just starting out. I like to think of my taxable account as being a large reservoir that could be tapped in an emergency, but I do keep more than the ERNs do in available checking and savings. I also have plenty of credit card space available if needed, and a steady paycheck to pay the balance.

      Best,
      -PoF

      Reply

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