June 2, 2021

Why do physicians fail to focus on their personal finances?

"We need to crawl before we walk and walk before we run. The first step is to establish your why. Why do you want the financial freedom to practice medicine because you want to, the way you want to instead of because you have to? Without a why, even...

"We need to crawl before we walk and walk before we run. The first step is to establish your why. Why do you want the financial freedom to practice medicine because you want to, the way you want to instead of because you have to? Without a why, even achieving financial freedom can be an empty victory.

After this, start your financial education. Pick a personal finance book and read 10 pages a day. Read one finance blog post each day. Small efforts will lead to big rewards.

After this, you are ready to develop your own written financial plan and start your financial well-being journey!"

Jordan Frey is a plastic surgeon and can be reached at The Prudent Plastic Surgeon and on Twitter @jordanfreymd.

He shares his story and discusses his KevinMD article, "Why do physicians fail to focus on their personal finances?" (https://www.kevinmd.com/blog/2020/12/why-do-physicians-fail-to-focus-on-their-personal-finances.html)