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One of the biggest college planning mistakes? Assuming there's one "right" answer Some families want to cover everything Others want to pay for undergrad and let their kids take it from there The key is deciding what matters most before you start saving and investing

Say you work from home. Say your office is in the attic. It's largely unfinished. But come summertime, it's a 85-90 degrees up there! So you decide to remodel it, costing $21k You would NEVER do this if you didn't work up there. How much of that cost can you deduct?

If you're counting on PSLF buyback, this episode is for you Should you keep making payments & hedge against uncertainty? Or stop paying & rely on the buyback process? Neither option is perfect, but understanding the tradeoffs can help you move forward with confidence Listen on Apple or Spotify

What if you were to add a pool to your existing home instead of buying that $2mil house?

A physician recently asked me about using a 10-pay whole life policy to save for a house, their kids' education, or just build wealth outside the market. I'm gonna tell you what I told him:

I love it when financial advisors give away free financial plans as long as you buy an insurance product from them.

Now tell them their income *could* be higher under the new patient/quality care metrics.

Coming this Wednesday on A Good Problem to Have... It'll be a short but critical episode. You'll definitely want to listen if you're an attending physician who: - had a truckload of PSLF months on the SAVE forebearance - hit 120 payments including those forbearance months and subsequently applied for PSLF buyback - is now waiting (months perhaps) for it to process - hedged your buyback bet by keeping up payments since they were still pretty low but now...now it's time to recertify your income. And your 2024 and 2025 income was full attending pay, so now you're looking at either a huge jump in payment or going on forbearance and surrendering to the success rate of the PSLF buyback process. What should you do?

I met with a client yesterday who said something really awesome. He would like to buy a home next year, but doesn't know a thing about the process. He said he wants to do some reading before talking with me in depth about it so that he has a baseline of knowledge. What a cool thing to realize. Sure, I can teach him everything about the home buying process. But he wants to have his own store of knowledge upon which to build. A willingness to self-learn along with surrounding yourself with a team of experts is a fantastic combination. This is also extremely important for physicians who want to open their own practices.

I see so many Term to 80 life insurance policies owned by physicians. I do not like them. Alongside a thoughtful investment plan, 10/20/30 year term laddering strategy is good enough. And the premium goes up every year! When I say "only buy term" this is not what I mean!

An S-Corp can help you save money on taxes But what often gets missed are the expenses, retirement contributions, and administrative costs that reduce the potential benefit Before you jump in, make sure you understand the full picture New episode out today (Listen on Apple or Spotify)