Business is The Best Medicine
Personal Finance Blog for Medical Professionals
Welcome to Business is the Best Medicine
Latest Posts
Favorite Podcast in April
In this April 2026 roundup, I share some of my favorite recent podcast episodes covering financial independence, physician taxes, retirement planning, business ownership, burnout, and sustainability. These conversations challenged the constant push for “more” and reinforced themes I’ve been thinking about lately around intentionality, simplicity, and building a life that is financially sustainable long term.
Article 2: The Path to Financial Stability after 60
This is the second article in a series about getting a late start on your personal finances. In the first installment, we talked about how people wake up at 60 trapped in a job because they have no retirement, too many bills, and not enough money. We discussed how...
My Favorite Blog Posts from April 2026
April 2026 roundup of top physician finance blogs, covering investing, spending, income, and lessons learned along the way.
Lesson Six – Financial Advisors
Financial advisors can help with planning, investing, and behavior, but not all advice is created equal. This article breaks down what advisors actually do, how they’re paid, and the hidden costs of common fee structures like AUM. Using real examples, it shows how fees and poor incentives can significantly impact long-term wealth, and helps you decide when hiring an advisor makes sense, and when you’re better off managing your own money.
Lesson Five – Why the U.S. Stock Market “Always” Goes Up
This lesson explains why the U.S. stock market has historically trended upward over long periods, even through wars, recessions, and crashes. It highlights three key drivers: inflation pushing prices higher, the constant creation of new and innovative companies, and the market’s ability to eliminate failing businesses while allowing winners to grow exponentially. The takeaway is that long-term investing relies on optimism in human progress and patience through short-term uncertainty.
No Retirement at 60+: Is It Too Late?
Many people reach their 60s without a clear retirement plan, not from lack of effort, but lack of structure. This article explores the common paths that lead here and reframes the goal from building wealth to creating stability. It sets the stage for a practical plan to reduce stress, close the income gap, and make the next 10 years more manageable.
Favorite Podcasts of March 2026
In this March roundup, I share podcast insights on stepping into a CEO mindset, navigating AI-driven investing decisions, and thinking through the best ways to invest for your kids, all while balancing a busy season of life.
Lesson Four – How an Investor Makes Money from Stocks
This lesson breaks down the main ways to invest in stocks, from individual companies to mutual funds and ETFs. It explains the risks of stock picking, the importance of diversification, and why low-cost index funds consistently outperform actively managed funds for most investors.
My Favorite Blog Posts from March 2026
This March 2026 roundup highlights standout posts from physician finance blogs, covering asset diversification challenges, small-cap investing, setting boundaries, transparency in net worth, AI scribes in medicine, and the value of simple living, alongside a personal update on a knee injury and recovery.
The Pink Tax
The modern “pink tax” isn’t just about overpriced razors, it’s the ongoing cost of maintaining a socially expected appearance. From hair and nails to Botox and skincare, these expenses can quietly add up to thousands each year. But what’s often overlooked is the opportunity cost. When you zoom out, those small, routine purchases could translate into hundreds of thousands of dollars if invested over time. This isn’t about eliminating self-care, it’s about understanding what you’re trading and making intentional choices with your money.
Featured On
New Content Published Every Monday.
Archives
How to Make Your Money Work for You Later in Life
In the final article of this series, we discuss what to do once you’ve stabilized your finances later in life. From investing and retirement accounts to taxes, Social Security timing, and lifestyle creep, this article focuses on creating more stability, flexibility, and sustainability over the next 5–10 years. It’s not about getting rich overnight. It’s about being intentional so your money works better for you moving forward.
Favorite Podcast in April
In this April 2026 roundup, I share some of my favorite recent podcast episodes covering financial independence, physician taxes, retirement planning, business ownership, burnout, and sustainability. These conversations challenged the constant push for “more” and reinforced themes I’ve been thinking about lately around intentionality, simplicity, and building a life that is financially sustainable long term.
Article 2: The Path to Financial Stability after 60
This is the second article in a series about getting a late start on your personal finances. In the first installment, we talked about how people wake up at 60 trapped in a job because they have no retirement, too many bills, and not enough money. We discussed how...
My Favorite Blog Posts from April 2026
April 2026 roundup of top physician finance blogs, covering investing, spending, income, and lessons learned along the way.
Lesson Six – Financial Advisors
Financial advisors can help with planning, investing, and behavior, but not all advice is created equal. This article breaks down what advisors actually do, how they’re paid, and the hidden costs of common fee structures like AUM. Using real examples, it shows how fees and poor incentives can significantly impact long-term wealth, and helps you decide when hiring an advisor makes sense, and when you’re better off managing your own money.
Lesson Five – Why the U.S. Stock Market “Always” Goes Up
This lesson explains why the U.S. stock market has historically trended upward over long periods, even through wars, recessions, and crashes. It highlights three key drivers: inflation pushing prices higher, the constant creation of new and innovative companies, and the market’s ability to eliminate failing businesses while allowing winners to grow exponentially. The takeaway is that long-term investing relies on optimism in human progress and patience through short-term uncertainty.
No Retirement at 60+: Is It Too Late?
Many people reach their 60s without a clear retirement plan, not from lack of effort, but lack of structure. This article explores the common paths that lead here and reframes the goal from building wealth to creating stability. It sets the stage for a practical plan to reduce stress, close the income gap, and make the next 10 years more manageable.
Favorite Podcasts of March 2026
In this March roundup, I share podcast insights on stepping into a CEO mindset, navigating AI-driven investing decisions, and thinking through the best ways to invest for your kids, all while balancing a busy season of life.
Lesson Four – How an Investor Makes Money from Stocks
This lesson breaks down the main ways to invest in stocks, from individual companies to mutual funds and ETFs. It explains the risks of stock picking, the importance of diversification, and why low-cost index funds consistently outperform actively managed funds for most investors.
Neill Slater MD, MBA
Author
Heather Zamarron PA-C
Author
Featured On
