Journal Membership 1-22-21

This is Journal Club 01/22/21! I hold one every week JOURNAL CLUB. After filtering through the articles on the web, I present some that have influenced my life this week. Be safe and stay healthy!

  • As doctors, we know that it is not uncommon for doctors to live from paycheck to paycheck. It’s an unfortunate reality and there are many factors to be blamed. One of these factors is put by Smart Money MD. In this postAsks the author: Why do doctors have trouble controlling expenses? The answer is surprisingly accurate and revealing.
  • As you probably know, goal setting is extremely important. But stop that Law Goals is even more. in the This post from Five Year Fire EscapeThe author discusses some of the smaller goals you can accomplish in order to achieve your bigger goals, and how to get the most important thing right: your mindset. This article may not be aimed directly at clinicians, but the concepts are still true.
  • Do you remember J. Wellington Wimpy from the old Popeye cartoons? You couldn’t, but XRAYVSN does. And as it turns out, this consistently broken character is a great analogy for our modern day finances. In this postThe author shows how you can avoid being the next wimpy.
  • Back in 2016, Physician on Fire wrote a post listing four hypothetical doctors at different stages in their careers and finances. in the this post from 2021He does the same, but adapts to the modern age. It’s fascinating to see how things have changed.

That’s it for this week! Hope Journal Club 1/22/21 has been helpful to you.

Finally, a little motivation. Have fun and a nice weekend!

Journal Club 6/26/20 Investor Club


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