September 2017 CME

Welcome to the September 2017 edition of the Monthly CME.  I’ve put together a short list of articles, podcasts, and books for your reading pleasure. Topics will range from personal finance to life-work balance and more. Enjoy!

Articles:

I hope everyone in Harvey’s path is OK. I donated some money to the Texas Diaper Fund and Houston Food Bank. The disaster definitely got me thinking about emergency preparedness. No matter where you live there are things to consider. As you go through your financial journey, you need to celebrate milestones, big and small. WCI wrote about the 14 Financial Milestones one should celebrate. Look for a post from me about a milestone I will soon be celebrating :). I love when new women join the Facebook group Women Physicians Personal Finance and find financial nirvana. A common newbie question is “How should I invest my money?” They get that low cost index funds is probably the way to go, but it is understandably overwhelming for the new investor. I love this article by Mama Fish Saves about the simple 3 fund portfolio. However, I will point out that I do not use this and feel that bonds really have no place for those investing long term.

Podcasts & Audiobooks:

WCI interviewed me on his podcast last week. We discussed my non-traditional path to medicine as well as some of the unique issues physician women and moms have. Dr. Carrie Reynolds and I continue to records podcasts for the Hippocratic Hustle. Since my impending maternity leave is on my mind we recorded a podcast about maternity leave and even discussed how not to get caught up with all the baby gear you’ll want to buy.

Books:

All new moms need this book. It will prevent you from buying everything in sight. At least you’ll make informed choices. Some of the bigger ticket items I decided on:   The classic intro book for medical students, residents and physicians. This was the first book I read on the topic during my last year of residency.]]>

Posted in ,

2 Comments

  1. Westcoaster on September 15, 2017 at 6:08 am

    Hi Bonnie, can you outline what you like instead of Bonds? and why? I’m new to your blog so I apologize if you’ve written about it before.
    I’m used to seeing an “age in bonds” rule for simple investing portfolio theory. With the current interest rate, I have also avoided bonds and CDs in lieu of alternatives (some REITS and more emerging markets) but do want to add diversity so as not to be overexposed to stock volatility.



Recent Posts

Life is Changing…

After months of being busy, I was finally able to catch up with my friend and collaborator Carrie Reynolds on her podcast, Hippocratic Hustle! I got to share my upcoming life changes–moving, quitting my job, all that crazy stuff! As of now, I have about 1 more week of work, and then we pack up…

Gender Equity in Our Financial and Professional Lives

Wealthy Mom MD is all about empowering women physicians. In today’s society, women are entering the workplace more and more, building their own careers, and becoming the breadwinners of their households. But have we reached gender equity in our financial and professional lives? This is a big question, and one I had the privilege of…

What Business Entity Should I Use for My Business/Side Hustle?

Editor’s note: This is a guest post from a fellow business owner, Johanna Fox. Johanna is a CPA, CFP®, RLP® and senior partner at Fox and Company Wealth Management Services. Her woman-owned firm is fee-only and provides comprehensive portfolio and tax management services to physicians. Johanna is also a forum moderator and frequent contributor to…

Get our guide

Sign up to get the 4 Steps to Creating Wealth and start your journey to financial freedom today!