Best Physician Finance Blogs
Here are some of the best physician finance blogs of 2022
Table of Contents
I wanted to publish a brief post discussing some of the best physician finance blogs currently. In no way is this a comprehensive list. Consider this more of a foray into the sites that introduced me to personal finance for physicians. Each of these websites are original and worth a read. I have done my best to only include websites that are active. There are some great physician finance blogs out there, but many have gone inactive over the past few years.
At the end I have included some honorable mentions. Enjoy!
The White Coat Investor
The White Coat Investor (WCI) had defined what physician personal finance is.
Dr. Jim Dahle (an emergency medicine physician) and his team at The WCI have been absolute juggernauts in this niche. From easy-to-read introductions to personal finance to some of the most complicated current tax codes, they cover it all.
I was first exposed to the WCI during the final months of medical school. I was given The White Coat Investor book to read and blew through it in a few days. It was, and has remained, the most influential book on how I approach my finances. Shortly after, my wife read it, and since that time we have added our finances as a pillar to our successful marriage. As Dr. Dahle says, a good marriage is your most important asset (paraphrasing, but you get the gist).
Do yourself a favor, check out the website. Read any and all things that interest you. If you don’t know where to begin… then start by reading his book. However, if you want to dip your toe in the water, I have highlighted some great posts below. Enjoy!
How to do a Backdoor Roth IRA [Ultimate Guide & Tutorial]
The Physician on FIRE
The Physician on FIRE (PoF) is about reaching Financial Independence and Retiring Early…hence the acronym. The mind behind PoF was an anesthesiologist. He got his start by writing about his journey pursuing financial independence. Through his dedication to smart money management and investing, he was able to reach ‘thin’ financial independence in his early 40s. Following this milestone, he cut back to working part time. Eventually he retired from medicine completely.
He now lives out his dream traveling the world, documenting his adventures, and enjoying the ‘fat’ financial independence life.
PoF does an incredible job educating medical professionals on the importance of intelligent choices during all parts of your training. However, no matter when you choose to pursue financial independence, there is an article on this site for you. The website is simple, elegant, and user-friendly. From early retirement, investing, real estate, blogging, you name it…PoF has an article about it. Of note, the PoF has partnered with the WCI to form the WCI Network.
There is not a perfect place to start…because they are all great. That being said, I have included a few that really influenced me below. Check ‘em out!
A Tale of 4 Physicians: The Impact of Lifestyle on Financial Independence
If You Don’t Understand the FIRE Movement, Read This
2 Years of FIRE: Life After an Early Exit from Medicine
Passive Income M.D.
You may be noticing a trend here… The next blog on my list is also part of the WCI Network. This is not by coincidence. All members of the WCI Network are parts of a greater whole. The Passive Income M.D. is no exception. The Passive Income M.D. (spoiler alert) focuses primarily on ways physicians can implement passive income into their lives.
When I started The Motivated M.D. I spent a lot of time on this site. The site offered many articles on blogging as well as other means of increasing physician income. The most intriguing aspect of his writing is his devotion to methods that have persistent returns long after you have put in the work. His writing focuses on investing, real estate, physician side hustles, and financial independence. He also hosts his own podcast. I have not had the opportunity to check out his podcast. However, if it is anything like his blog, then I am sure missing out!
Here are some of the first articles I read from his website.
How I Pay My Student Loans Using Passive Income
3 Critical Lessons from My Adventures in Real Estate
10 Reasons Residents Should have a Financial Planner
The Frugal Physician
The Frugal Physician is a site that is near and dear to my heart. Disha, creator and owner of The Frugal Physician seems like a very down-to-earth individual…and it shows in her writing.
I was first introduced to The Frugal Physician by my wife. After reading an article or two I was hooked. Her writing is straight forward, informative, and digestible. Her website focuses more on big picture personal finance and budgeting.
On her website you will find information on debt elimination as well as her personal journey achieving financial independence. Her writing weaves a tapestry of a life built through passion, hard-work, and frugality. By doing so, she offers applicable financial advice. From how to restore an old sweater to destroying your debt, she covers it all. Make sure to give her website a view.
The Emergency Fund and Debt Payoff
How to Start Extreme Couponing
Semi-retired M.D.
The Semi-returned MD is predominantly a real estate investment website. They offer an online course and work to help you build a real estate portfolio. The website is owned and operated by a dual physician couple. He is an internist and she is a family medicine physician. They both play a role in running the blog as well as their real estate business. They do a great job publishing articles that document their journey achieving financial independence through smart real estate investments.
If pursuing passive income through real estate piques your interest, look no further. They offer an online course as well as endless blog posts on real estate.
What Does Mindset have to do with Real Estate Investing
A Step-by-step Guide to Achieving Financial Freedom
Is This a Good Investment? Real Estate Investing Metrics Made Easy
Financial Success M.D.
The last, but certainly not least, financial blog to promote is Dr. Cory S. Fawcett at Financial Success M.D. You may know Dr. Fawcett better through the many physician finance books he has written over the years. He has multiple publications directed at physicians. His books range from debt elimination to pursuing alternative career paths and more. Each of them a great read!
I would honestly tell you to start by reading one of his many books before diving into his website. I was able to get his books on Kindle and they were informative, entertaining, and readable in a single sitting. However, for the purposes of this list, here are some of Dr. Fawcett’s posts that I found helpful.
The Best Way to Teach Your Kids About Money
Here’s Why so Many Doctors are Broke
My Take on Medscape’s Physician Lifestyle and Happiness Report
Honorable mentions
If you want even more physician finance blogs, make sure to check out FeedSpot! Here you will find a list of the Top 20 ‘active’ Physician Finance blogs on the internet. Give it a look! As always…
Stay motivated!
The Motivated M.D.
Well there you have it. Just a few of the physician-directed finance blogs I recommend to all-comers. I hope you enjoyed this list. Make sure to check out the physician personal finance books I recommend. If you liked this article, please subscribe to our website, and don’t forget to follow us on Twitter, and Instagram.
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These blogs are worth to read. Thanks for sharing!
Thanks for reading!