Profile avatar
olsonplanner.bsky.social
The physician's financial planner and tax professional. #MedSky Planning Services: www.olsonfp.com Podcast and Other Resources: www.physiciancents.com
882 posts 1,334 followers 600 following
Getting Started
Active Commenter

I have three 10 packs of these masks - KN95 from WellBefore - for kids 5 and under - very small faces Anyone here benefit from having them? I believe they’re less than a year old. I will send them anywhere for free.

Are interest rates falling? Maybe? You’re thinking, “Sweet - if they do fall I can afford more house!” For you HCOL folks, this may be your entry point. But I want you to read the following caution first:

There’s so much innate fear surrounding the hierarchy of medicine. Just remember that even the department chair takes a dump every day. Nobody is that special.

Working 60+ hours a week and still unsure if you can take a vacation without guilt or credit card debt? Yeah, I see you. And you deserve better.

Everyone thinks doctors are rich. Meanwhile, residents are choosing between paying off debt or buying eggs. One of them costs $8. The other your soul.

My firm, OlsonFP, has two planners. - Me - @moneyeducator.bsky.social If you follow me, you at least kinda know me. But I figured most of y’all don’t know Ronnie. He and I work together with all of our clients. He’s really great at his craft and I like working with him a lot.

In HCOL area home decisions, you have to be honest with yourself about how niche the areas are that you’ve identified as desirable. It’s good to have preferences. But the more specific your preference, the more you may be inadvertently pricing yourself out of being a homeowner.

If you make $300K and buy a $1.2M house, you didn’t “level up.” You just handcuffed your financial future. Why physicians buying too much house is soooo unwise:

A 0% down physicians mortgage does NOT mean you don't need savings to buy a home. You need 2-3% of the purchase price for closing costs, an emergency fund in place, and extra cash ready to pay for misc. stuff for the new place.