This is Journal Club 08/06/21! I stop every week JOURNAL CLUB. After filtering the articles on the web, I present some that have had an impact on my life this week. Be safe and stay healthy!
- Today, the world of personal finance is full of different types of advice. Advice on what to buy regarding stocks, bonds, mutual funds, real estate, etc, and most importantly, what not to buy like a brand new car. But when you’ve reached a certain milestone on your path to financial freedom, The Darwinist Doctor has an interesting question for you: how would you like to spend your money on the pursuit of happiness? His answer: spend your money on experiences, not things. Check out this article Why I buy experiences, not thingsto understand the author’s perspective on hedonic adjustment and memory dividends for happier, more fulfilling lives.
- Have you heard the term limiting beliefs? It translates into the stories you tell yourself to empower or limit yourself. Our beliefs are neither 100% empowering nor 100% restrictive. So what is this factor that determines your success or failure in any adventure? The author of the Careful plastic surgeon thinks it depends on your way of thinking. How do you change your mindset to empower yourself, you ask? To find the answer to that, read the article, The 5 Most Important Restricting Beliefs To Overcome On The Road To Wealth.
- At some point in your life you may have recognized the sacrifices your parents made to bringing certain “rich foods” to the table or enjoying some of the more sophisticated things in life that you probably took for granted as a child, but recognized his Worth a lot later when it came off your paycheck? Perhaps by this point you had that newfound appreciation for the finer things in life that you had during your childhood. If any part of you wants to instill the same spirit in your kids then you will find this post interesting: Financial milestones that my children should experience until Crispy Doc.
- As a doctor, has it ever crossed your mind to opt out of the Medicare plan? It is often discussed in the medical community. There seem to be two camps of belief, one that thinks it is one of the worst decisions a doctor can ever make, while others believe it could be a financially sound decision if you carefully weigh your options. But what does it mean to say no to Medicare and why is it worth considering? The answers to which you will find in the article, Should I opt out of Medicare? until Wealthy Doc.
That’s it guys. Hope you enjoyed the Journal Club this week.
Are you reading anything interesting this week? Please don’t hesitate to share them in the comments below!
Thanks for reading and sharing!