Financial Advice - Is Your Financial Advisor the Best?

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Bik: I had a run in with a financial adviser that maybe nt the best. Bik: No one is going to watch your money more than you. Ask hem the questions yourself. Look at the numbers yourself, because it might not be true. And so i'm glad we got out when we did. But just because you are a physician and you have a financial adviser, don't think that your money is safe and that it's growing doesn't assume that be on top of it.

We can learn several lessons from this dual doctor couple. The first two years they had no savings as they had no financial education. Having a child motivated them to be more intentional about getting their financial lives in place. Fortunately they had physician incomes so even if you are not perfect in the first few years you still have that income to become financially successful quickly. High income makes it easier. Do what you can to get your income up. See our article about ways to make more money as a doctor. https://www.whitecoatinvestor.com/15-ways-to-make-more-money-as-a-doctor/

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The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs for specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

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