Financial Mistakes | PPhREI Network Roundup | 6-4-2022

Today from the PPhREI Network: ways to reach financial independence, why you shouldn’t paint your own house, and 11 financial mistakes made by the Prudent Plastic surgeon.

Carpe Diem MD

In this post, Ian Cook discusses the concept of financial independence. There are many ways to reach FI, but some are more attractive than others. Do you want to achieve it by just decreasing your expenses, or increasing your passive cash flow?

Read the debate on the Carpe Diem MD blog: Can You Ever Truly Be Financially Independent?

The Darwinian Doctor

This week, I wrote about my family’s recent adventure painting our vacation rental in Palm Springs. My conclusion was that it’s a job better left to the professionals because:

  • Your time is too precious
  • You’re not a good painter
  • You risk physical harm

Don’t miss the photo of the elusive Darwinian Doctor-ess (my wife) at work!

Read the post on the Darwinian Doctor blog: Why Doctors Shouldn’t Paint Their Own House

The Prudent Plastic Surgeon

Last but not least, Jordan Frey wrote this week about financial mistakes in his past. Eleven of them, to be exact. He uses these cautionary tales from his own life to outline a path to financial success. I love the transparency into his own past — it really makes these lessons hit home!

Read the post on the Prudent Plastic Surgeon blog: Top 11 Financial Mistakes That I Have Made

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