Hey all, We had another good month in August, my wife officially started her new job at the local hospital working some PRN shifts. We decided to put essentially her entire paycheck into her 401k account to get it maxed out by the end of the year as we don’t really need the extra income …
Hey all, Another busy month worth of full clinical shifts, telemedicine and a vacation week. Emergency medicine is great because you can essentially take a vacation whenever you want. The downside is…there is no true vacation hours built in so I still end up working the same amount of shifts. With a week off, that …
This month was my first full month as an independent contractor. I’ve learned a lot. I left the partnership track for my group and now I work for an hourly 1099 rate at my local emergency department. A small part of me is a little sad that I won’t ever make partner in my group, …
Six Lessons Learned Switching from W2 Employee to Independent Contractor Read More »
I’m 35. I make a lot of money as an emergency medicine physician. I have a lot of debt. I have a wife and kid. Am I crazy to think I can do this by 40? Why can’t I? I own a beautiful home on the water in Florida, still with a large $800k mortgage. …
I left the partnership track at my job. It hurts a little bit, but honestly, it mostly feels freeing. Perhaps, long term, I would have come out ahead in the partner track and it was a huge mistake. But my job posted 1099 independent contractor positions that were paying significantly more than my current pre-partner …
Another busy month settling into our new home, the market has been on fire and have seen some serious gains this year, particularly because I am still mainly in growth stocks which got clobbered last year. First lets look at net worth for the year. I added in my student loans, mortgage, home equity hence …
We are finally in our new house!!! After several months of delay, we finally moved into our dream home. We have spent a lot of time unpacking, setting up as well as a spending a lot of money furnishing it. It is honestly a bit difficult for me to keep track as so much money …
Hey all, another busy month of work, involved 20 busy shifts in the emergency department as well almost a full week of vacation as my family was visiting. A major downside of shift work/emergency medicine is you don’t really get vacation. We are contracted for the same number of shifts each month, a vacation week …
February was another busy month of work but overall everything is going well. I’m having trouble keeping a simple budget as we continue to have several large one time expenses as we plan to move into our house something this month (March 2023!). I finally bought H+R Block and plugged in my taxes and oh …
Well we have officially moved to Florida and I’ve started my new job and hoping to close on our house in the next month or so. Lots of big bills and expenses were due this month. I spent more money this month than I have in my life for sure. Thankfully many of these are …