I graduated from Tufts University School of Dental Medicine in 2011. I had about $ 250,000 in total student loans with no idea how interest rates really worked and how to pay off such a large amount of debt. . I am from Haiti where credit, student loans, etc. were not really a thing, especially not $250,000 in student loans!!!…
These are a few reasons why you should look into real estate as an investment avenue. 1. Once you’re well established as a real estate investor, real estate tends to have a predictable cash flow. Cash flow is the net spendable income derived from the investment after all operating expenses and mortgage payments have been made. 2. Real estate appreciates…
1. Discipline to Save & InvestTime is of the essence.Don’t delay saving and investing. The earlier you start, the better 2. Discipline to delay gratification.If you look around you, you’ll probably notice that we are surrounded by advertisements that are aimed at making us spend money on things we do not need…whether it’s ads for a new phone, a new…
Life insurance can provide a protective financial cover for you and your loved ones. It ensures that you and your dear ones always get financial support. Here are some of the points to be aware of regarding life insurance. 1. Peace of MindHaving life insurance provides the ultimate peace of mind. Doctors, if you have someone who is relying on…
Now that you are a practicing doctor, you need to avoid common mistakes that doctors tend to make when paying off student loans. 1. Losing track of loans.Borrowers are sometimes late with a loan payment or even default on a loan because they forget about one of their loans.Automate your payments so you don’t fall behind on your payments. Some…
Here are 5 important money principles that will guide your financial life…. 1. Spend less Than you MakeThe is probably the most important money principle you can apply to your financial life. If you are constantly overspending, you’ll never reach your full financial potential. Focus on increasing your income not your expenses. 2. Get Comfortable with Being UncomfortableInvesting might be…
In this is a computer age where you can achieve anything you want just by being consistent. Don’t work hard, work smart…. You can make money while you’re asleep by making wise investment decisions. Don’t be in a hurry to invest, take your time to make properly do your research before investing your hard earned money. Disclaimer: The post is…
Doc, really don’t need to monitor someone’s finances except you have the urge to learn from that person. While doing that, remember to pay attention to details especially how they earn a living and please be ready to put everything you learn to actions so your efforts won’t be in vain. I’m here to teach you how to be financially…
There is no right time than now right now to get into real estate, with housing market prices going up and it being a sellers market. If you’re new to real estate investing there still are things you can do! ☑️ Do all the research you can!Read books, blogs, YouTube, podcasts etc. ☑️ Connect with lenders and figure out what…
There are several ways to invest in real estate. The best way, however, depends on your goals. Real estate investment can be a great idea, just make sure you do your research before you buy anything. You can invest in real estate through many different channels, but the most common are these different ways. 1. Own A Property:Owning a property…