ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 186: The 3 Best Financial Decisions ER Docs Make

When you think about it, we all make millions of financial decisions over the course of our lives. Is it the culmination of all of those financial decisions that results in your success or not? Possibly. But there is undoubtedly a mindset that we see common in all of the most financially successful ER docs that provides the framework for each and every financial decision they make.

On today’s episode, we’ll discuss this framework and what we feel are the three biggest decisions that drive financial success for ER docs.

Topics Discussed:   

  • The importance of keeping spending and lifestyle creep in check.
  • How spending impacts all elements of a financial plan.
  • An important perspective on how to pay yourself and deal with taxes and savings.
  • What the most successful ER docs do with their savings.
  • The best guard rail to set to protect yourself from overspending.
  • How to handle your investments wisely.

Resources Mentioned:

Tags

Financial decisions, money mindset, lifestyle creep, spending, saving, money management, financial planning, financial planner, emergency medicine, ER docs, emergency doctors