Blog

Tax Tips and Tidbits for PAs financial independence taxes Jun 20, 2022

Please note: This post was written in Spring 2021 

These items certainly are not all-inclusive, and I am not an accountant or financial advisor. I am simply a PA-C with a desire to share financial independence concepts with current and future PAs. This information is for educational and...

Continue Reading...
Why You Should Consider Using an HSA as Part of Your Journey to Financial Independence financial independence investing pa-c Jun 18, 2022

HSA stands for Health Savings Account, but really in my opinion, HSA should stand for Health Savings Awesomeness! These accounts are so great for many reasons, and I’m just a little bit excited to share with you why they are the best! 

Let’s start by reviewing what an HSA...

Continue Reading...
5 Steps to Calculating and Tracking Your Net Worth (And Why It Matters) financial independence net worth Jun 18, 2022

As we have previously discussed, your financial independence (FI) number that you are aiming to save is at least 25x your expected annual expenses, which should last for at least 30 years of retirement. However, if you're looking to retire early, then you likely would want to have 30 - 33x your...

Continue Reading...
The Big 3 Budget Items budgeting financial independence Jun 18, 2022

(How Cutting the Cost of These Three Budget Categories Can Help Supercharge Your Savings Rate)

“The Big 3 Budget Items” for most are housing, transportation, and food. In fact, Americans currently spend over 61% of their incomes on these three categories alone! The bread and butter of...

Continue Reading...
6 Strategies to Consider When Paying Back PA Student Loans debt pay off pa-c student loans Jun 18, 2022

Update 5/3/21: With the current pause to federal student loan payments and interest accrual due to the COVID-19 pandemic, if you still have federal student loans, you likely want to HOLD OFF on refinancing your student loans with a private company until this is no longer in effect.

Now that...

Continue Reading...
Why Choose the PA Profession? pa profession pre-pa Jun 18, 2022

The PA (physician assistant, soon to be changed to physician associate) profession is amazing. I mean, as a PA-C myself, I’m clearly highly biased, but I’m truly passionate about the profession! Whether you are a pre-PA student in high school or college, a PA-S in PA school, or a...

Continue Reading...
A PA’s Perceptions While Practicing During a Pandemic (COVID-19) miscellaneous Jun 18, 2022

Part One: Written March 23, 2020

The Overseas Origin of an Outbreak

Towards the end of 2019, a highly contagious novel coronavirus was first identified in Wuhan, China. The current theory is that the virus was somehow transmitted from bats to humans, perhaps through an animal market called the...

Continue Reading...
Practical Investing Strategies for a PA During a Bear Market (Example: The COVID-19 Pandemic) investing Jun 18, 2022

When you are investing your hard-earned income (likely in a retirement account), it is rewarding to see the amount increasing over the years. Then, bam!, a bear market smacks you right in the face. This can make you feel nervous, afraid, and even second-guessing your initial plan of investing....

Continue Reading...
The Pros and Cons of Refinancing Your Student Loans… (And Doing So Again) student loans Jun 18, 2022

Update 1/24/21: With the current pause to federal student loan payments and interest accrual due to the COVID-19 pandemic, if you still have federal student loans, you likely want to HOLD OFF on refinancing your student loans with a private company until this is no longer in effect.

  ...

Continue Reading...
PA-S the FI Way: Things to Consider During PA School financial independence pa school pa-s Jun 18, 2022

So you’ve been accepted into a PA program, and are embarking on your education and training – congrats! This will be some of the hardest 2 to 3 years of your life, but you can do anything for only 2 to 3 years, right? The long days during PA school can drag (especially during didactic...

Continue Reading...
Pre-PA the FI Way: Things to Consider When Applying to PA Programs financial independence pa school pre-pa Jun 18, 2022

So you’re a junior or senior in college, and are planning on applying to PA programs soon. It’s overwhelming to think of where to start and which schools to consider, much less trying to do so in a cost-effective way. Here are some things to consider when it is time to apply to PA...

Continue Reading...
Pre-PA the FI Way: Things to Consider in College (Undergrad) financial independence pre-pa Jun 18, 2022

So you’ve graduated from high school – congrats! Now, you are off to college or university… Here are some suggestions of how to maximize your path to FI while you are in undergrad. 

Live at Home

Perhaps you took the previous advice to heart about seriously considering...

Continue Reading...