ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 187: The 3 Worst Financial Decisions ER Docs Make

We just discussed the three best financial decisions an ER doc can make, but what about the three worst? What’s interesting is poor decisions have disproportionally worse outcomes than good decisions when it comes to finances. That’s something really crucial to understand and highlights why we are so risk-adverse when it comes to the best ways for ER docs to become successful.

On today’s episode, we’ll go over three specific decisions that every ER doc needs to avoid if they intend to reach financial independence.

Topics Discussed:   

  • Where people are commonly under-insured.
  • What getting behind on taxes can do to your finances.
  • Why one of the worst situations is very common.
  • The dangers of burnout.

Resources Mentioned:

Tags

Financial decisions, money mindset, lifestyle creep, spending, saving, money management, financial planning, financial planner, emergency medicine, ER docs, emergency doctors