There are two main types of mortgages. A fixed rate mortgage has the same rate and payment the entire time. An adjustable rate mortgage (ARM) can change its rate, and therefore your payment, as rates change in the marketplace. We strongly recommend a fixed rate...
This is a comprehensive resource guide covering all the key areas of financial planning for emergency physicians. This post, and all of ER Doc Finance, is dedicated to helping you cut through the noise (most of our articles can be read in less than 5 minutes). Don't...
One of the most common questions we get from our clients is "Should I pay off debt or invest?" When you become an attending physician, you're finally at the point where you have some excess cash at the end of the month, and you want to make sure you're using it...
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