Business is The Best Medicine
Personal Finance Blog for Medical Professionals
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Latest Posts
My Laundromat Got Sued
Getting sued for someone else’s debt was not something we could have predicted. But because we had built financial margin, what could have been a financial crisis was simply an annoying inconvenience. Here’s why preparing for the unexpected matters.
Thailandishness: A Financial Warning from Bangkok
After watching a friend lose millions through fraud, leverage, and an undiversified portfolio, Dr. Slater reflects on the fragile nature of wealth. This cautionary story explores the importance of diversification, knowing when enough is enough, and protecting the financial freedom you’ve worked so hard to build.
Life Audit
A simple budgeting exercise turned into something much bigger. After auditing every line item in our personal and business finances, I discovered how small conveniences and lifestyle upgrades had quietly become our new normal. Here’s what we found, what we changed, and why I think everyone should perform an occasional “life audit.”
Alternate Reality: A Counterfactual Look at My Last 20 Years of Investing
Twenty years after starting his first attending job, Dr. Slater asks a fascinating question: What if he had skipped the businesses and rental properties and simply invested in index funds? The answer is a powerful reminder that financial independence doesn’t require an extraordinary path—just consistent saving, disciplined investing, and time.
Favorite Podcast for May and June
After a busy summer of travel and a brief break from podcasts, I’m back with five episodes that challenged the way I think about financial independence, investing, AI, disability insurance, ethical investing, and consumer spending. Here are the conversations that stood out to me over the last two months.
2026 Mid-Year Goal Check-In
Six months into 2026, I’m reflecting on the business, personal, and financial goals I set in January. Some have been accomplished, others still need work, but the biggest surprises weren’t on my goal list at all. From becoming a runner to changing my relationship with medicine, here’s what the first half of the year has taught me.
My Favorite Blog Posts June 2026
From insurance and hidden retirement risks to financially healthy marriages and the No Surprises Act, here are my favorite physician finance articles from June 2026, plus a few thoughts from my family’s travels through Thailand.
Koreanomics: My Family Trip to the DMZ
Our visit to the Korean DMZ became much more than a history lesson. Standing at the border between North and South Korea offered a powerful perspective on freedom, economic systems, and the dramatically different paths one people have taken since the Korean War.
Confession of a PRN Princess
A joke from a coworker made me realize that being a “PRN Princess” has very little to do with working fewer shifts. It’s about creating enough financial margin to choose how you spend your time, rediscover your love for medicine, and intentionally build the life you want.
The Magical & The Mundane: Update Article May 2026
A reflective mid-year update covering debt reduction progress, children’s stock portfolios, charitable giving through a DAF, and shifts in asset allocation. Blending personal finance with family life and travel, this post highlights how consistent, “boring” financial habits quietly build long-term wealth and freedom.
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Thailandishness: A Financial Warning from Bangkok
After watching a friend lose millions through fraud, leverage, and an undiversified portfolio, Dr. Slater reflects on the fragile nature of wealth. This cautionary story explores the importance of diversification, knowing when enough is enough, and protecting the financial freedom you’ve worked so hard to build.
Life Audit
A simple budgeting exercise turned into something much bigger. After auditing every line item in our personal and business finances, I discovered how small conveniences and lifestyle upgrades had quietly become our new normal. Here’s what we found, what we changed, and why I think everyone should perform an occasional “life audit.”
Alternate Reality: A Counterfactual Look at My Last 20 Years of Investing
Twenty years after starting his first attending job, Dr. Slater asks a fascinating question: What if he had skipped the businesses and rental properties and simply invested in index funds? The answer is a powerful reminder that financial independence doesn’t require an extraordinary path—just consistent saving, disciplined investing, and time.
Favorite Podcast for May and June
After a busy summer of travel and a brief break from podcasts, I’m back with five episodes that challenged the way I think about financial independence, investing, AI, disability insurance, ethical investing, and consumer spending. Here are the conversations that stood out to me over the last two months.
2026 Mid-Year Goal Check-In
Six months into 2026, I’m reflecting on the business, personal, and financial goals I set in January. Some have been accomplished, others still need work, but the biggest surprises weren’t on my goal list at all. From becoming a runner to changing my relationship with medicine, here’s what the first half of the year has taught me.
My Favorite Blog Posts June 2026
From insurance and hidden retirement risks to financially healthy marriages and the No Surprises Act, here are my favorite physician finance articles from June 2026, plus a few thoughts from my family’s travels through Thailand.
Koreanomics: My Family Trip to the DMZ
Our visit to the Korean DMZ became much more than a history lesson. Standing at the border between North and South Korea offered a powerful perspective on freedom, economic systems, and the dramatically different paths one people have taken since the Korean War.
Confession of a PRN Princess
A joke from a coworker made me realize that being a “PRN Princess” has very little to do with working fewer shifts. It’s about creating enough financial margin to choose how you spend your time, rediscover your love for medicine, and intentionally build the life you want.
The Magical & The Mundane: Update Article May 2026
A reflective mid-year update covering debt reduction progress, children’s stock portfolios, charitable giving through a DAF, and shifts in asset allocation. Blending personal finance with family life and travel, this post highlights how consistent, “boring” financial habits quietly build long-term wealth and freedom.
Neill Slater MD, MBA
Author
Heather Zamarron PA-C
Author
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