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"Get Rich Slow: The Power of Delayed Gratification"
And the first paragraph:
So I just ran across this article in one of our monthly professional magazines - not a professional journal (Like the Annals of Emergency Medicine), but still useful and widely read. Just thought that I would point out that the Slow Lane Mentality is EVERYWHERE.
The best part? It's written by a physician who just happens to have something to sell.
SMH!
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And the first paragraph:
I hear a lot of negative chatter among emergency physicians these days. It seems to grow worse every year. Here’s a sample:
“I have control over almost nothing in medicine”
“I’m sick of government regulations, electronic medical records, hospital committee meetings, and patient satisfaction scores”
“I constantly worry about lawsuits and paycuts”
“I’m burned out”
“I’m unfairly blamed for rising health care costs and not paying my ‘fair share’ in taxes”
“I wish I could work less or quit altogether if I had the financial means to do so”
What so many of these frustrations come down to is finances . . . specifically not making wise decisions about money. So many physicians don’t know where their financial future is heading, and don’t trust financial advisors to help them.
These frustrations – combined with large debt loads – lead many physicians to believe they just can’t get ahead financially. Are they doomed to simply work shifts into old age, cranking patients out month after month?
The answer is that by taking an honest look at your finances – and then taking control of them – you can achieve amazing financial milestones. You can pay off all of your debt. You might not have a butler, but you can live in a nice house. You can build up a decent sized retirement portfolio to sustain you for the rest of your life. You can have a good lifestyle while you are working and after you retire.
So I just ran across this article in one of our monthly professional magazines - not a professional journal (Like the Annals of Emergency Medicine), but still useful and widely read. Just thought that I would point out that the Slow Lane Mentality is EVERYWHERE.
The best part? It's written by a physician who just happens to have something to sell.
Setu Mazumdar, MD, CFP is board certified in EM and is the president of Physician Wealth Solutions
SMH!
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