ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 89: More ER Docs Are Experiencing a Different Type of Burnout

October 27, 2021
By 
Scott Wisniewski, EA
We all experience that feeling when you make a purchase and you end up regretting it. It happens. Could be as small as spending more than you usually would on a dinner and you’re left feeling unsatisfied. Or it can be more significant, like in the case of purchasing a car and that car not living up to the experience you were hoping for. In either case, there’s a sense of regret and that regret is tied to your relationship with your income, expenses, and expectations. It can be difficult to assess whether the feeling is temporary – maybe in the case of a one-off transaction – or if it’s part of an ongoing trend that persists across your entire financial picture. 

On today’s episode, we look into a different kind of burnout than the work-related burnout ER Docs are accustomed to hearing about and focus on ways to restructure your relationship with spending to help combat this feeling and reprioritize what’s important to you.

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Topics Discussed:     
  • What financial burnout is.
  • Why so many ER Docs get stuck in the grind.
  • How to ensure you’re spending money on the right things.
  • Why you shouldn’t let excessive spending dictate your workload.
  • How to avoid lifestyle creep.
  • The unique challenges ER Docs face when it comes to income.
  • How to spend more sustainably.
  • The benefit of ranking your purchases on paper to asses what's important.
Resources Mentioned:

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Tags

planning, financial planning, ER doctor, doctors, finances, taxes, retirement

EP 216: Trump 2.0: The Potential Impact on Taxes, 401(k) Limits, and More

by 
Scott Wisniewski, EA

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