Hey everyone, it’s Finance Fridays again. Today is just kind of another reflection type of post… we’re going to ponder “Live for Today, Save for the Future“. Live for Today, Save for the Future? Yea. I think these are two separate mantras that people seem to think about when it comes to finances. At first glance, they may seem like they are completely at odds with each other, but I’m here to tell you that […]

Live for Today, Save for the Future #illumedati

Hey everyone, it’s Finance Fridays again. Today is kind of a short post which is more about the “feelings” of Finances rather than dollar signs, saving, and expenses. Today we’re going to talk about “Comfortable”. Comfortable? Yea. Basically, there are a lot of levels of wealth. You can find different takes on this, but the basic gist of it is when you’re first starting out at building wealth you worry about everything. “Can I afford […]

Comfortable #illumedati

Hey everyone it’s Finance Fridays again. Today’s post might seem a little off topic, but today I want to talk about “The Lottery” — but perhaps not quite in the sense you might think for a Finance Fridays post. The Lottery? Yea. When I say Lottery, you might be thinking that I mean the Mega Millions or Powerball or something. In general, that is what most people think about when you hear the word “lottery” […]

The Lottery #illumedati

Hey everyone, it’s Finance Fridays again. Today I’m going to talk about a concept that people seem to understand intuitively as common sense, but I will try to flesh out… it’s the “Pay Now or Pay Later” concept. Pay Now or Pay Later? Yea. It’s kind of a companion post to my prior post of: Buy the Best Versus Buy Cheap So, let me first give you some background from when I was a kid: […]

Pay Now or Pay Later #illumedati

Hey everyone, it’s Finance Fridays again. Today will be a short post about “Revisiting the Roth 401k”. Revisiting the Roth 401k? Yea. I’ve talked about it before multiple times, but in general, there aren’t that many instances (for doctors) that using a Roth 401k makes sense. One of the times that it makes a lot of sense is when you’re a resident. However, I’ve discussed some other times when you can consider utilizing a Roth […]

Revisiting the Roth 401k #illumedati