I really enjoyed reading the book. It does a great job of moving through the various personal finance topics which are imperative to building and protecting wealth. I’ve spent several years trying to figure much of this information out and wish I had read this book sooner! I appreciated that he does not steer people towards expensive products such as whole life insurance. My personal philosophy differs in regards to investment active management in favor of an indexed passive approach and would like to see more on that particular approach. But that small difference would not dissuade me from recommending the book. I think this book would be an especially good gift to anyone graduating from residency / fellowship.
Freedom Formula for Physicians is a great financial resource for physicians young and old. It’s never too late to improve your financial planning. I wish I would have had Dave as a resource back in medical school. We get plenty of in depth training on the science of medicine, but very limited advice on how to make wise decisions financially. Physicians rarely get advice outside of the big insurance/investment firms who often don’t always have the best intentions – Dave does this in a very unbiased, descriptive manner. Buy the book, don’t wait!
Ask Me a Question
Do you have a question on your debt reduction strategy, insurance needs, or other financial topics?
Regardless of whether you are a young physician in residency or a doctor with many years of experience, I would welcome discussing your specific question.
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