For What It’s Worth

4 Financial Tips for New Attending Physicians

Entering practice after residency marks an exciting transition where your hard work begins to yield financial rewards. Our experience collaborating with physicians for the past decade provides valuable insights into these transitions. Here, we provide four key financial tips to consider—while not an exhaustive list, these recommendations can significantly impact your financial journey.

Taylor Hewson

Financial Advising

The Stories We Tell Ourselves About Money…

We like to think we are in control, all of the time. Of course, this is rarely the case given the myriad of factors beyond our control that exist in our lives.

Money is no different.

The term “financial literacy” has gained prominence in public policy over the last number of years as governments seek to increase the understanding of money and the economic systems in our society. Presumably, this is to help ensure that people can make better decisions … Read the whole post...

Taylor Hewson

Perspectives: Trust the financial advisor, who trusts the market.

By David Booth, Executive Chairman & Founder, Dimensional Fund Advisors LP

With over 200,000 financial advisors in the United States, how do you pick one?

First, eliminate the stock pickers. Those are the people making predictions about which stocks are going to be winners and losers. Cross off the market timers, too. They’re the ones who get into and out of the market, trying to buy the dip and sell at the peak. The problem with these strategies is that … Read the whole post...

Taylor Hewson

Personal Finance

Bring An Umbrella, It Might Rain…

Insurance is rarely a topic gleefully brought up at the dinner table or discussed when you’re out with friends. However, it is a crucial part of any holistic financial plan, and it looks different for everyone. Insurance might make up a larger portion of some people’s financial plan, while making up only a small portion for others. It all comes down to your risk tolerance around your cash flow.

If you’ve made it this far, you aren’t as scared of … Read the whole post...

Taylor Hewson

Personal Finance

Inflation: How is it Affecting You?

As we move into summer, more and more media coverage is being given to Canada’s high inflation rate. With a current rate of 7.7%, the highest in close to 40 years, many households are worried about their financial situation and the rising cost of… well, everything! Not all households are created equally though. Your personal inflation rate, the rate at which your costs have increased, is likely going to be different than the aggregate Canadian inflation rate.

We all … Read the whole post...

Connor Hewson

4 Financial Tips for New Attending Physicians

The Stories We Tell Ourselves About Money…

Perspectives: Trust the financial advisor, who trusts the market.

Bring An Umbrella, It Might Rain…

Inflation: How is it Affecting You?