ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 48: Are You Living Shift-to-Shift?

Most ER Docs don’t realize how unique their income situation is. From our perspective, as advisors, it’s quite special, and affords immense opportunity when planned for correctly. You would think with high income affords more flexibility. But high income for ER Docs, when combined with variability in that income, creates a unique catch-22: where mistakes are even more magnified while psychologically it can be very easy to become complacent.

So in this episode, we identify two specific things you can do to help manage your variable income.

Topics Discussed:     
  • The hardest part about being an ER doc.
  • How to avoid procrastination with your finances.
  • What budgeting and dieting have in common.
  • How to manage your finances so you can handle fluctuations in your income.
  • The psychology behind dealing with money.
  • How to impact your income positively by being strategic with your planning.
  • The solution if budgeting doesn’t work for you.
  • How to figure out what you’re spending on average.
Resources Mentioned:  


planning, financial planning, ER doctor, doctors, finances, discipline, saving, income, variable income