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SIDE GIGS
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SIDE GIGS

Here’s a list of a fewΒ sideΒ gigs that you could be doing now for either active or passive income.   Dental hygienist or part-time dentist on Saturdays (I did that for a couple of years after graduation). Drive for Uber or LyftΒ  Β Medical Consulting Brand ambassador for scrubs company, toothpaste company, cosmetic company, etc (Instagram is...

How many bank accounts should I have?
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How many bank accounts should I have?

How many bank accounts should you have? As many as your bank will allow! You need to have a purpose to save money. Why are you saving? What are you saving for? Ask yourself that question.Whether it’s for a car, furniture, down payment on a house, vacation, etc, it’s important to know why you are saving....

3 things to get rid off in order to get out of debt
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3 things to get rid off in order to get out of debt

Podcasts, seminars, webinars, books, etc. There are so many ways to become financially literate to know what is the best way to pay off debt and create generational wealth. However, before starting your debt repayment journey, there are a few things to address first. It’s key to be open to be financially literate so you...

How much am I spending on interests?
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How much am I spending on interests?

A question that I get asked sometimes is how much am I really paying on interests? For example, if you have a $ 200,000 student loan with an interest rate of 7%, you would calculate how much you are spending on interest daily like so: Interest rate/number of days in a year * student loan...

Real Estate or The Stock Market?
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Real Estate or The Stock Market?

Real Estate or The Stock Market? Before answering that question, let’s look at the differences:By definition real estate is a tangible asset and a stock is an investment that represents a share, or partial ownership of a company. Stocks are liquid as you can easily buy and sell them compared to real estate where it can take...

How do I stay motivated when paying off debt?
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How do I stay motivated when paying off debt?

Mindset is key when trying to get out of debt. Here are a few points to make sure that you stay motivated. Figure out your “why”.-Why do you want to get out debt?-What would your life look like with no more debt? Paint the picture. Visualize it. -What could you be doing with the money instead...

Should I invest or pay off my loans?
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Should I invest or pay off my loans?

Well, the answer is ” it really depends!” It really depends on your risk tolerance, your student loan amount and interest rate, your investment philosophy and your long term goals! However, here are important points to help you decide if you should pay off your student loans first before investing. Most doctors have six figure...