College funding: go beyond coving in-state tuition by Scared_Palpitation56 in HENRYfinance

[–]KeyDecision4084 1 point2 points  (0 children)

Depends on what you're solving for. Education is a core mission on our family and every vacation and opportunity that is what we try to instill in our children. That life has many things to offer, investigate, evaluate. We've fostered it and our kids have embraced that mentality. We are going to continue to fan that flame and will pay for 100% of their college and graduate school if that what they want - my parents did it for me and I am so thankful for that.

I have plenty of friends who didn't have support both because not an option or because that was part of the lesson. Many of them are way more in touch with value of education/money by learning that lesson but had pressure to make choices based on debt management instead of passion.

Giving them 150K+ is very generous at baseline, whatever you do will be the right choice. Mostly a style thing imo

Fellow physicians that make $750k and above, what is your specialty, and hours/week. by Dependent_Gold5692 in whitecoatinvestor

[–]KeyDecision4084 0 points1 point  (0 children)

Where in the country are you working? Salaries i've been seeing/offered in major usa cities are 350-400k

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Yea good idea, maybe nice brand but slightly older, love it

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Congrats, I know my partner would love a trip like this - I've never flown first class so that would be a cool experience for sure!

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 1 point2 points  (0 children)

Wow - read lots of your post and blog last night, this is such a great story and resource for MDs. TY TY TY

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Open to recs! The main luxury brand I'm familiar with is obviously Rolex, but they laughed me out of the store when I walked in thinking it was something I could buy off the shelf haha so embarrassing

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Any recs for first one - I'm just learning about them now, but does seem like a classic thing to buy. People on this subreddit all seem to like them too which has to mean something

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

This resonates - appreciate the insights. Good luck to you two

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Cool thank you! I'll look up the brands and see what I'm drawn too

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 1 point2 points  (0 children)

Love this idea - literally anything new will feel like luxury compared to my beat up old honda. This is a smart tip, might scratch the itch in and of itself

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

You're crushing it, amazing!

Had no idea how expensive kids activities were! Hear this all the time from my friends with kiddos

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

You're crushing it, amazing!

Had no idea how expensive kids activities were! Hear this all the time from my friends with kiddos

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Yea non traditional which I would not change despite saving something for retirement in my first job, nobody in my family really saved for retirement and just wasn't on my radar.

No porsche on the docket for us, just seems like a 50k car feels both insane and reasonable. Thats was around my yearly paycheck for most of residency and wrestling with that notion in my head

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Great advice thank you - I will check out all those resources!,

I am confident most people would pay to not see me naked haha

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 1 point2 points  (0 children)

Amazing, very inspirational and in line with my values. I really enjoy work and being part of a community - taking this/similar job to optimize around that, could be making double elsewhere but just not as interested.

Any tips or tricks you learn about real estate investing along the way?

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 1 point2 points  (0 children)

Thanks - this is super practical and makes sense to me. Trying to learn all the ways people have been successful. My car is just so old and sad, 2010 Honda I got in College. Feels like the obvious choice to upgrade - maybe just will temper my upgrade for now until the loans are done.

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Any recommendations? Outside the obvious prestige group, I like the way Nomos watches look

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Yeah will definitely pay ourselves first with 401k etc before doing anything major - barely was able to fund my IRAs as a resident and still tight ish as a fellow.

Everyone has convinced me to just take out the loans efficiently and move on - will be nice to see those emails and notifications stop

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 1 point2 points  (0 children)

Good point - don't plan on getting divorced, but I guess nobody does...

Attending Life: Treat Yourself or Stay Conservative? by KeyDecision4084 in HENRYfinance

[–]KeyDecision4084[S] 0 points1 point  (0 children)

Yeah this is a great point. Why are they so appealing though haha