The Broke Professional - Page 3 of 21 - Optimize Your Financial Life

Are Physician Loans a Good Idea?

Recent graduates of professional school are in a unique position.  They usually have high amounts of debt and low savings. Not a good recipe to buy a home.  Almost everybody with high debt and low savings will get denied for a traditional … [Continue reading]

The One Service That Finally Let Me Cut Cable

Change is tough.  Changing something I've been used to my entire life is especially tough.  For me, that something was cable TV. Having "background TV" on has always been a normal thing growing up.  Though probably not the best thing to grow up … [Continue reading]

Life Insurance Brings Peace of Mind

"With all of these financial and insurance considerations, one tool that gets lost in the shuffle is life insurance.  This is a shame since a good life insurance plan will provide peace of mind for you and your family, while being a financial … [Continue reading]

Digit: Save Money Easily and Automatically

This post may contain affiliate links America has a savings problem.  No, not the annoying habit of trying to save every country from themselves.  That's for another blog.  The savings problem is that Americans are just not saving enough … [Continue reading]

Investing Lessons Learned from Fantasy Football

  Fantasy football is one of the most polarizing things on Earth.  One on end you have people who are deeply embedded in the culture.  They have been playing in multiple leagues for years and have parties commemorating the start and end … [Continue reading]

How I’m Pursuing Freedom

Being smart with personal finance is not difficult.  There are a few key steps to take which will put you light years ahead of the average American.  My goal is to make personal finance simple and actionable for professionals and anyone else who … [Continue reading]

Dancing is Not a Good Investment Strategy

Investing is a patient man's game.  This applies to almost any type of investing including real estate and stocks.  In general, if you're investing for the long term (more than 10 years), the best strategy is to have a great plan and stick to … [Continue reading]

4 Things You Forgot About Personal Finance

We all forget simple things sometimes.  The other day when I was trying to login to my system at work, I could not remember my password for the life of me.  I always typed it in without hesitation and without thinking about it.  But for some reason … [Continue reading]

Why Retirement Calculators are Dumb

When I graduated from optometry school waaaaaaayyy back in 2009, I started to finally make some real honest to goodness money.  I figured I should learn more about this finance thing and proceeded to read almost every personal finance book at the … [Continue reading]

I Would Love to do Peer to Peer Lending but…

Update:  As of February 2016, Lending Club is now open to Maryland residents!  Click here for the details.    I will be doing some heavy research into this before I take the plunge, so look for an update on my journey into P2P lending.  Edit:  Still … [Continue reading]