The Sunday Best is a collection of articles I’ve curated for your reading pleasure.
Presenting, this week’s Sunday Best:
JimJim and I had a pleasant conversation going over this extreme makeover I’m undertaking from physician anesthesiologist to blogger on the JimJim Reinvention Revolution podcast. JJRR Ep39 Finding FIRE as a physician – Discovering new talents through blogging. Bonus: there’s a picture of me, my family, and a bunch of monkeys crawling all over us.
Bogleheads On Investing: Episode 001 – special guest John C. Bogle, hosted by Rick Ferri
An emergency physician compares two workdays side by side. How does his main job compare to the side gig and which does he prefer? The answer from Side Hustle Scrubs surprised me. A Day in the Life.
From a day in the life of a doc to a year in the life of a blogger. From Winning at Personal Finance, A Year of Winning Personal Finance: 40+ Incredible Success Stories from many of your favorite personal finance bloggers.
We’ve decided to pay for a substantial portion of our kids’ college costs by building up six-figure 529 Plans for them. Not everyone can afford to do so and some who can afford it choose not to. Visit Rockstar Finance to see both sides of the debate from Finance Stoic and Pretty Minted in Money Match-Up: Should You Pay for Your Kids’ College Education?
Ryan Inman of Financial Residency invited The White Coat Investor over to help with another common financial question, resulting in The Golden Answer to “Should I Pay off Debt or Invest?”
Humanitarian work is one way to breathe life back into a career that starts to lose its luster. The Millionaire Doc explores a whole bunch of other ideas in Mid-career Crisis: How to Deal When Things Get Less Awesome.
Having transitioned from reading mostly mainstream media to reading lots of blog posts, I’ve found I get a lot more value and knowledge from the blogs. As Jonathan Clements says at The Humble Dollar, there’s a lot of Bad News out there on big sites.
The good news is you’re well on your way to becoming a millionaire if you’re not there already. I’m a millionaire, ESI Money is a millionaire, and so are these five folks. Check them out and learn from their stories.
- Millionaire Interview #76
- Millionaire Interview #77
- Millionaire Interview #78
- Millionaire Interview #79
- Millionaire Interview #80
20+ Physicians at FinCon
If you’ve been following any of about two dozen physician financial bloggers on social media over the last few days, you know we’ve all been hanging out together in Orlando among another 2,000 or so attendees at the conference where money and media meet.
When Dr. Jim Dahle attended for the first time in 2012, he was quite likely the only doctor in the house. My first FinCon was last year in 2017 and there were a solid dozen or so docs there — a big change in just five years. This year, at FinCon18, there were about twice as many. How many will we see in Washington, D.C. next September?
Whatever the number is, I’m sure it will again be larger and I think that’s wonderful. We’re all doing what we can to connect with our colleagues from our own perspectives, helping them better understand how to manage their finances and hopefully improve their lives as a result. The more voices, the better.
Oh, and as was widely predicted, this site did not win Blog of the Year, but it was a great honor to be a finalist, and I was excited to see the crown placed upon my friend Tanja from Our Next Life. Of the ten finalists, three were FIRE blogs, including the grand champion. Strong work, Tanja and FIRE community!
Earlier in the week, we visited Key West and Havana, Cuba on a cruise as a group of about two dozen doctors, bloggers, and family members. We’ve never before traveled with such a large group of people we knew (or were getting to know) and it was super fun.
Havana was eye opening and educational. I learned, from the perspective of the Cuban government, the myriad ways in which the CIA has thwarted every attempt by supposed heroes Fidel Castro, Che Guavara, and others to make Cuba a prosperous nation of plenty.
The classic cars were, well… classic, the people were friendly, and we felt safe everywhere we went. That included a stop for lunch where we had Mojitos on Monday with Waffles on Wednesday at the original Sloppy Joes just one day after visiting the Key West bar of the same name which is famous for its Ernest Hemingway look-alike contest.
Based on feedback from the crew that joined us and those that wished they had in the Physicians on FIRE Facebook group, I think we may have to do something similar again.
Would you be interested in joining us on a future cruise?
Final Days to Save $300 on WCICON22 Registration
The White Coat Investor Physician Wellness and Financial Literacy Conference, at which I'll be speaking about retirement withdrawal strategies along with several dozen outstanding orators, is taking place in sunny Phoenix, AZ from February 9th to 12th, 2022. Earn up to 17 CME / Dental CE. All in-person attendees must be fully vaccinated against COVID, and there is a comprehensive virtual / online option, as well. Hope to see you at the talks, happy hours, or online at WCICON22!
You won't see this price again after Tuesday, 10/19, so now's the time to utilize that CME fund if you've got one.Click here for all the details.
Have an outstanding week!
-Physician on FIRE