Financial planning Work for assets, not money Accumulating and developing assets that earn money can help you begin to be less dependent on your paycheck for income. July 1, 2022FridayJuly 2022 issue Money Matters Seger Morris, DO Seger S. Morris, DO, MBA, is the program director for the internal medicine residency at Baptist Memorial Hospital–North Mississippi in Oxford, Mississippi, and regional assistant dean and director of health policy programs for William Carey University College of Osteopathic Medicine. Contact Dr. Morris
Confronting burnout and moral injury in medicine Regarding burnout in medicine, “I knew there was more to the story than the frustration of dealing with administrative obstacles,” writes Jerry Balentine, DO.
Nearly 70% of doctors in their 40s want to retire in their 50s or early 60s, survey reveals Medscape report finds that physicians, on average, would like to save $3.9 million to feel comfortable retiring from medicine.
This is an extremely valuable article. You are the first to introduce me to the idea of using money earned from investments as “fun money” for discretionary spending rather than my taking away from my take-home pay. Would you consider doing a future article on different types of passive income? Jul. 29, 2022, at 3:01 pm Reply
Both the Robert Kiyosaki books which I read during during high school and my maternal grandparents real estate company have shaped my thoughts and practices regarding wealth, taxes, and money. Glad that Dr. Morris is educating physicians about assets (wealth) and “money”. Through the years, I taught my daughters about the differences between owning productive apple tree yielding apples than speculating on the sale of future apples produced in an upcoming season. Those were the valuable financial lessons that my beloved maternal grandparents and parents taught me. Jul. 31, 2022, at 9:32 am Reply