Debt Free DDS’ Friday Favorites are a collection of this past week’s (or month’s or year’s if still relevant) financial blog posts, articles, or other resources. These are resources I have found very helpful for me on my journey to becoming debt free, financially literate, and financially independent. I believe they will help you too.
If you need help with financial education resources, please see my
tab. If you are drowning in student loan like I once was, start by refinancing them to get a lower interest rate. See my Student Loan refinancing tab for great options. And if you don’t feel like you know enough to manage your own finances and you need help, see my Financial Planning Services tab for help.
Debt Free DDS’ Friday Favorites
1)In a bit of a selfish move I want to highlight a post this week on the White Coat Investor. It’s my very own guest post titled “Freedom from student loan debt: A dentist’s story”. The White Coat Investor is a hero of mine so it was a huge honor to get to write for his blog. Check it out.
2)Semi-Retired MD gave us great insight into Real Estate investing. If Real Estate investing is something you are interested in, I highly recommend this blog. It has fantastic information like “A PROVEN PATH TO FINANCIAL FREEDOM – BRRRRING IT ON!”
3)The Frugal physician has a great series called “Doctors free from student loans”. These are inspirational stories of doctors who destroyed their student debt. The stories are usually different from each other and different from my own. But they all have one thing in common: They destroyed student debt. If it is possible for them (and me), it is possible for you. Read her latest entry in this series called Doctors Free of Student Loans: Dr. Karl Slazinski.
4)If you are struggling to build wealth and still living paycheck to paycheck despite a large income, Dr. Cory Fawcett has great recent post titled “10 Steps to Recovery From the Paycheck to Paycheck Lifestyle”. I suggest you read it and implement those steps to be on a better path financially this year. No time better than now.
5)This post from Mr. Money Mustache is not from last week. In fact it is from 2012. But oh how true it is. It’s called “News Flash: Your Debt is an Emergency!!”. Debt absolutely is an emergency. Especially credit card debt and other high interest rate consumer debt. A large student loan burden is also an emergency that should be taken care of no more than 5 years out of training.
This week’s recommendation
This week I want to recommend the book The Bogleheads Guide to Investing. Whether you are a beginner or an intermediate investor, this book will go a long way on helping you figure out this investing game. The truth is, once you figure it out, it is not that complicated. However, it is so very important. You would never be a dentist, physician, or other professional without the proper training right? Well, you have another job. And that is to invest for your future. You can’t do that without proper training. Read this book. It will help you tremendously.
And remember, you don’t have to be a slave to debt. Together we can become debt free (and financially literate, and financially independent).
-Debt Free DDS
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*Nothing on my website is professional or legal advice. I am only sharing information that I have learned and it may or may not be accurate. I am not liable for any problems you may have by following this advice. Please do further research and get professional and/or legal advice about any of these topics. This post likely contains affiliate links. This site could be paid for clicks or purchases made through these links. See my disclosure here.