Business is The Best Medicine
Personal Finance Blog for Medical Professionals
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Journey to Striving for Personal Growth Over Perfectionism
In this deeply personal narrative, Heather takes readers on her journey from perfectionism to progress, navigating the complexities of competitive sports, entrepreneurship, and marriage. With candid introspection, she reveals the pitfalls of her relentless pursuit of flawlessness, offering valuable insights into embracing imperfections, fostering personal growth, and finding balance in the chaos of life. Join Heather as she shares her quest for happiness, leadership excellence, and entrepreneurial success, promising an authentic and relatable account of her ongoing pursuit of fulfillment.
Acknowledgment That I Did Not Get Here Alone
In Dr. Slater’s reflective piece, he candidly explores the pitfalls of success and the importance of acknowledging the role of luck and privilege in his achievements. From his mother’s guidance to the fortunate timing of career opportunities and investments, Slater’s narrative urges readers to embrace humility in the face of personal and professional triumphs.
The Financial Vital’s Checklist: What To Do With Your Next Dollar
At BBM, we believe the Financial Vitals Checklist is a blueprint to construct your financial life. Read these 5 stages, 10 steps to set yourself up for success.
Introduction To The Financial Vitals Checklist: A Wealth Building Tool
Read the introduction to the Financial Vital’s Checklist: the wealth building tool recommended by BBM.
FINCON For Beginners: Tips for Navigating Your First Conference
Have you ever started a new venture and found an unexpected community that propelled your success? Heather recounts her journey into blogging and how attending FINCON, a premier conference for personal finance content creators, provided invaluable insights and connections. Discover how this vibrant community transformed her approach to digital marketing and content creation.
Au Pair: French For Inexpensive Childcare?
As an E.R. physician with a demanding schedule, Dr. Slater understands the challenges of finding flexible and affordable childcare. In this insightful article, he explores the benefits and considerations of hosting an au pair through the U.S. au pair program, drawing from personal experience to offer a compelling alternative to traditional childcare options. If you’re struggling with irregular work hours and seeking a cost-effective, culturally enriching childcare solution, this article is a must-read.
Invest in Real Estate: How I Started and Where I’m Headed
In this compelling journey from medicine to real estate, Heather reveals how she and her husband transformed a $20,000 investment into a thriving wholesaling business. Discover the challenges, strategies, and triumphs that shaped their path to financial freedom and long-term wealth creation.
Why Is Disability Insurance Important for Medical Professionals?
Disability insurance is the cornerstone of financial security for new medical professionals, safeguarding your ability to earn and sustain your future. This article underscores why it’s essential to obtain coverage early in your career, sharing real-life stories of how unexpected disabilities impacted two healthcare providers and emphasizing the crucial details of different insurance policies. Discover how to protect your greatest asset—your ability to work and earn—before it’s too late.
The Corporate Practice of Medicine Takeover
In the battle between healthcare and corporate interests, the corporate practice of medicine (CPOM) is reshaping the landscape of patient care. This eye-opening article exposes how private equity firms are influencing medical practice, raising critical questions about the future of physician autonomy and patient well-being. Join us as we delve into the impact of CPOM and explore strategies for reclaiming control in the face of corporate dominance.
Navigating the High Cost of New Cars: Strategies for Smarter Purchasing
Buying a new car is often celebrated, but should it be? As car prices skyrocket and financing terms stretch longer, the American dream of car ownership is increasingly becoming a financial burden. Discover how smarter car-buying decisions can save you thousands and challenge the traditional notion of cars as symbols of freedom.
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My Asset Allocation
Analyzing my annual net worth statement revealed insights into my asset allocation, notably an overweight in real estate and individual stocks. Despite recognizing these imbalances, I’m committed to rebalancing and diversifying my portfolio over time, using the exercise as a roadmap for financial growth and stability.
Book Review: Die With Zero by Bill Perkins
Die With Zero” challenges readers to rethink their approach to money and life, advocating for spending assets to maximize experiences rather than accumulating wealth indefinitely. While its message resonates with those seeking a more fulfilling life, it may not be universally applicable, particularly for younger individuals or those facing financial constraints. Ultimately, the book prompts reflection on the balance between financial security and living a rich, experiential life.
Tips for Repaying Student Loan Debt as an APP
Navigating student loan debt can be daunting for recent graduates, especially for Physician Assistants and Nurse Practitioners with average debts ranging from $100,000 to $150,000. Despite earning an average base salary of $120,000, understanding repayment options is crucial. By following strategies like the Financial Vitals Checklist, graduates can manage their debt responsibly while building a long-term financial plan for success.
Book Review of The Family First Entrepreneur by Steve Chou
In “The Family First Entrepreneur,” Steve Chou offers a refreshing perspective on entrepreneurship, prioritizing family and purpose over relentless hustle. His insights challenge conventional wisdom, advocating for a balanced approach that aligns business goals with personal values. While tailored for entrepreneurs seeking harmony between work and family, its universal messages resonate with anyone striving for a more fulfilling life.
The Financial Realities of My First Rental Real Estate Property
In a detailed reflection on his first real estate investment, Dr. Slater highlights the importance of accurately tracking performance and expenses. Using Faulkner, a rental property owned for sixteen years, as a case study, he delves into financial intricacies, lessons learned, and the realities of real estate investing. Through candid analysis, he emphasizes the significance of prudent financial management and the value of hands-on experience in navigating the dynamic landscape of property ownership.
My First Real Estate Transaction
Dr. Slater’s journey into real estate investing began with the purchase of two houses on the same day, one as a primary residence and the other as an investment property. Over the years, he leveraged his experiences with these properties to build a successful portfolio, emphasizing the importance of taking action and learning from practical experience in the real estate market.
My Goals for 2024
Take a look at 2024 goals for Heather. Review business, personal and professional goals.
My Goals of 2024
Take a look at 2024 goals for Neill. Review business, personal and professional goals.
Top Highlights from 2023 Part 2
Heather’s 2023 highlights include prioritizing family time through a career change and downsizing her wholesale business. Balancing work and family was her main challenge, while navigating partnership dynamics was a significant hurdle. Financially, reclaiming control of her business was a win, but a nightmare deal resulted in a $30,000 loss. Heather’s focus on intentional choices and family time brings her joy amidst challenges, with anticipation for growth in the coming year.
Neill Slater MD, MBA
Author
Heather Zamarron PA-C
Author
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