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When it comes to lifestyle inflation, where do you draw the line?

As the husband of a physician, I know what it’s like to live on a low income while watching your spouse go through the grueling process that is residency. I know what it’s like to want a nicer car, a nicer home, and just about nicer everything.

One one hand, I think physicians have earned the right to a better than average lifestyle. After all, doctors are some of the hardest working and selfless people on the planet. On the other hand, I see the dark side to lifestyle inflation all too often.

Ultimately, there has to be a line between rewarding yourself and going overboard.

So, below, I’ll offer three steps that will help physicians learn how to reward themselves in a way that allows for maximum enjoyment without affecting their long-term wealth goals.

Continue reading …

Your patients are rating you online: How to respond. Manage your online reputation: A social media guide. Find out how.


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