The Sunday Best (3/11/2018)
The Sunday Best is a collection of articles I’ve curated for your reading pleasure.
Presenting, this week’s Sunday Best:
The Investing Doc highlights a humungous hypocrisy with numbers that can’t possibly be true, but are, of course. My Congressman Takes Money from Drug Reps. I Can’t. [Not that we should.]
Entitled children can be almost as bad as our friends in congress when it comes to taking money. The Chief Mom Officer is here to help you avoid such a situation. Economic Outpatient Care – Enabling, Not Disabling, Your Kids.
Dr. Amanda Liu is gone, but not forgotten. In fact, I thought of her during Dr. Nisha Mehta‘s talks in Park City last weekend. Dr. Liu’s site, Dr. Wise Money, lives on as her sister shares some heartfelt thoughts with us in Better To Do.
Jonathan Mendonsa of ChooseFI was a pharmacist for a while. He paid down $168,000 in debt in four years and is now living life on his own terms, which unsurprisingly, does not involve working in a drug store. Listen to Jonathan as he tells you to Get Off the Hamster Wheel and Pay Off Your Student Loans Fast! Note: The Student Loan Resource Page can help.
When you’re debt-free, as Rob is after paying off his mortgage, you’re in a better position to take on more risk or simply free up more time. Passive Income MD encourages us to Focus Less on Net Income and More on Net Time.
Taxes are tough to avoid in your working years, but it’s not tough to eliminate many of them as a retiree. From Jonathan Clements‘ The Humble Dollar, Adam Grossman shares his insight on Six Figures, Tiny Taxes.
Who Wants to be a Millionaire? Let Alex & Cassie, a.k.a. The Thrifty Couple show you the way. Retire a Millionaire With These Nine Simple Financial Life Principles.
Making Up For Missed Time
I’ve said before that this part-time gig I’ve got now is essentially an early retirement trial. The experiment is now in its sixth month, and this month, I’m performing double duty, working like a 1.2 FTE employee after taking all of last month off.
I work with some wonderful people, help patients get through a difficult day, and I’m paid pretty well to do it. On the other hand, I love waking up naturally (sans alarm clock), having the freedom to be location independent, and being the boss who decides how I’ll spend my day.
Having financial independence has afforded me the opportunity to decide what I actually want the rest of my life to look like. When I envision the perfect day, week or month, if I’m truly being honest with myself, no hospital rooms, endotracheal tubes, electronic medical records, or pager beeps enter that picture.
What does your perfect day, week, or month look like? Does it include the work you do today?
Have a first-rate week!
-Physician on FIRE