An excerpt from Pay Yourself First:
"Choosing financial independence creates challenges both financial and psychological...Don't be discouraged. If you are willing to put in place the necessary habits and financial structures...you can take your first steps along a path toward achieving walk-away wealth ..."
Give us a call, we can help.
Pay Yourself First has been featured on ReachMD, the nation's largest learning platform for physicians and other healthcare professionals.
In the interview about the book with Tim Rush, Jim Hemphill discusses four of "The Seven Strategies" and summarizes the TriageMD program for early-career physicians.
It's easy to focus on status and visible perks. They tend to be, well, visible.
What is often overlooked is the hard work and sacrifice it takes to achieve great things.
It's true that most people understand that there is a great deal of training required to become a doctor. No one talks about the physician who became an "overnight success." And yet, public perception tends to lean toward prestige and luxury when it comes to physicians as a class.
From the book Pay Yourself First:
"Nobody expects a plumber to drive a BMW and live in a big house. That doesn't mean there are no successful plumbers. Far from it. And surely there are many wealthy plumbers happily driving Bimmers and living large. But nobody expects it of them."
Status expectations can create real problems for physicians. In this beautiful, balanced commentary, the wife of a fifth-year orthopedic surgery resident reveals her thinking about a problem she is grateful to have. Her thoughts inspired this post.
We continue to get positive feedback from the medical community about our TriageMD program for early career physicians.
The program now offers the first in a series of workshops. The Inflection Point Workshop will give attendees a framework by which they can think critically about their financial decisions in their first years of practice. More importantly, we hope it will empower them to be intentional as they plan their futures.
Read a summary about some of the reasons that TriageMD came to be in our recent press release.
The choice of the date is not left to chance, it symbolizes how far into the following year women must work to earn what men earned in the previous year.
Did you know that the two worst profession in terms of wage gap are personal financial advisors (that would be us) and physicians (that would be you). Will our generation be the one seeing the gap close?