A clearly written, common-sense guide to smart money management for medical professionals.
Burd and Hemphill’s debut financial guide aims to help start new physicians on the path to solid financial futures.
Doctors may make a great deal of money over their lifetimes, but that doesn’t mean that they always know how to manage it wisely. New doctors start at relatively low salaries—according to the authors, fellows may make as little as $12.50 an hour—but they can start making impressively high ones in the blink of an eye. Such a sudden, radical change in cash flow can easily throw a new doctor for a loop, particularly given society’s expectations of how doctors are supposed to live. Burd and Hemphill write that many young doctors plan to practice indefinitely and see no need to put money aside for retirement. But, they point out, the first few years of medical practice are crucial in determining a doctor’s financial future: A doctor who starts saving money immediately will end up with a far bigger return than one who waits even a decade to invest. One who starts by putting his or her cash toward an expensive lifestyle will find it extremely painful to cut back later and start saving, but one who continually tucks a percentage of earnings away from the beginning won’t have to change a thing. The authors define wealth as being able to maintain a lifestyle indefinitely without needing to work, and their book lays out a plan for accomplishing this end. Their program centers on the concept of “pay[ing] yourself first”—setting aside money from each paycheck and saving it before spending it on anything else. The authors clearly know their subject, and unlike many money management books, this one provides specific investment and money-management suggestions; the only sour note is the sales pitch at the end, when the authors advise new doctors to sign up as their clients.
A clearly written, common-sense guide to smart money management for medical professionals.Pub Date: April 19, 2013
ISBN: 978-0615798196
Page Count: 72
Publisher: TGS Financial Advisors
Review Posted Online: Jan. 30, 2014
Review Program: Kirkus Indie
BOOK REVIEW
Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis...
Privately published by Strunk of Cornell in 1918 and revised by his student E. B. White in 1959, that "little book" is back again with more White updatings.
Stricter than, say, Bergen Evans or W3 ("disinterested" means impartial — period), Strunk is in the last analysis (whoops — "A bankrupt expression") a unique guide (which means "without like or equal").Pub Date: May 15, 1972
ISBN: 0205632645
Page Count: 105
Publisher: Macmillan
Review Posted Online: Oct. 28, 2011
Kirkus Reviews Issue: May 1, 1972
This is not the Nutcracker sweet, as passed on by Tchaikovsky and Marius Petipa. No, this is the original Hoffmann tale of 1816, in which the froth of Christmas revelry occasionally parts to let the dark underside of childhood fantasies and fears peek through. The boundaries between dream and reality fade, just as Godfather Drosselmeier, the Nutcracker's creator, is seen as alternately sinister and jolly. And Italian artist Roberto Innocenti gives an errily realistic air to Marie's dreams, in richly detailed illustrations touched by a mysterious light. A beautiful version of this classic tale, which will captivate adults and children alike. (Nutcracker; $35.00; Oct. 28, 1996; 136 pp.; 0-15-100227-4)
Pub Date: Oct. 28, 1996
ISBN: 0-15-100227-4
Page Count: 136
Publisher: Harcourt
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: Aug. 15, 1996
BOOK REVIEW
BOOK REVIEW
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