Along the medical journey, I have learned a lot from others. I went from knowing nothing about finances to being able to manage over $250,000 of my husband’s student loans and putting my family on track for early financial independence. But I didn’t just learn how to do all of this on my own. I had help and guidance along the way. And I’m giving back by collecting this list of my favorite resources to help you, too.
I denote anything with an affiliate link with an asterisk.* While there are lots of affiliate links here, I use and love every single product and service here and would recommend them even if there wasn’t an affiliate. Any income I get helps pay for my kids’ diapers and to keep my blog going while still in training.
Without further ado, these are the DocWife resources that keep our household running.
It goes without saying that you should be learning and reading books. But your DrSpouse works a ton, you’re juggling everything, and your to-do list is a mile long. There’s just not enough time in the day. So if I am going to go out and suggest books to you, they have changed my life and they are going to change your life, too.
1. Bogleheads’ Guide to Investing by Mel Lindauer, Michael LeBoeuf & Taylor Larimore – If you had to get just ONE book on finances, this would be it. It was the “a ha” moment that changed my life. Bogleheads is a tribe of people who have a very active Boglehead forum, which is like Wikipedia. Most of the information in that massive forum is condensed in this book. The book is a perfect mixture of technical with story-telling and it has enough information so you can act upon it to start investing.
2. The Four Pillars of Investing by William J. Bernstein
3. The White Coat Investor by Dr. James Dahle
4. The Final Hurdle by Dennis Hursch, Esq. – The Final Hurdle is about physician employment contracts and it’s imperative you read this before or as you interview. Even if you are planning to hire a contract attorney to review your contract, you need this book. The secret sauce to getting an amazing contract is that you must bring up negotiation points before the contract is written. Once the contract is written and handed to you, it’s mostly a done deal. Read this book, get an upper hand at negotiating. Read my book review here.
5. The Doctors Guide To Book Series by Dr. Cory S. Fawcett
The most powerful student loan calculator by Student Loan Planner
*Personal Capital. This app tracks our household’s net worth.
Mint. This software tracks your budget.
LegalZoom. If anyone depends on you financially, you need a Will. You can create a straight-forward one for you and your DrSpouse for FREE.
*LastPass. Most of us are guilty of using one password for everything, which is one step away from having our identity stolen. LastPass stores all your passwords in a cloud. It is FREE to use.
*Blooom. If you are overwhelmed with your 401k/403b fund choices, this roboadvisor analyzes them and makes sure you don’t spend on needless fees and instead making sure your 401k/403b is working harder for you.
*Digit. It’s a great app for saving for your emergency fund. I review it here.
Fave saving money apps
*Ibotta. This app is for saving on groceries.
*Ebates. If you join using my link and spend $25, you’ll get $10 back.
Fave place to find a room during away rotations
*Airbnb. This is one of our favorite ways to travel. If you use my link, you get $40 bonus to spend.
Rotating Room. If your DrSpouse needs a place to stay for an away or clinical rotation, you need to check this site. It says it’s made for and by medical students but all you need is an .edu email. My husband used it for all his away rotations.
Fave Life Hacks
Life360. I can’t tell you how many times my husband has told me he’s on the way home, only to be delayed at work for longer. This app “beeps” when he leaves the hospital and has a GPS where he is on the map as he’s driving, like Harry Potter’s Marauder’s Map where he sees everybody’s footsteps (I’m a nerd). Now I know when he really is on the way home.
Fave security system
*SimpliSafe. Sometimes you don’t know the neighborhood you move into very well yet. For peace of mind, get this system. Unlike most systems, it does not lock you into a contract and is strictly month-to-month, and you can take it with you easily whether you move. If you use my link, you will get 10% off.