In this PPhREI Network Roundup, we discuss opportunity cost, smart TVs, and the frustrating valley of disappointment.
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Carpe Diem MD
When I’m staying in a short term rental, I expect a big smart TV so I can stream movies and shows. If you’re the same way, you know that this came make a big difference in your experience (especially if you’ve got kids to entertain).
In this post, Dr. Cook gives us some practical advice about the best TV to purchase when you’re outfitting your short term rental. Check it out below!
Read the original post on the Carpe Diem MD blog: The Best Smart TVs for Your Short Term Rental (Airbnb, VRBO) 2022
The Darwinian Doctor
This post is all about my move to Memphis and the associated large bucket costs. With the opportunity cost of lost doctor income and the costs related to purchasing and renovating a new home in Memphis, I estimate our costs to be around half a million dollars total.
In the post below, I explain how I got to these numbers and how I’m handling that realization.
Read the original post on the Darwinian Doctor blog: How Moving to Memphis Cost Us $500k
The Prudent Plastic Surgeon
In this post, Jordan Frey, MD delves into some profound keys to success. Inspired by James Clear’s book “Atomic Habits,” he highlights the plateau of latent potential. After you start making changes in your life or finances, this plateau is the frustrating pause before you start to see exponential gains. During this time period, most of your gains are in the background, almost invisibly compounding and gaining potential energy. Since the progress is mostly invisible, this is where many people lose motivation and stop. While in this frustrating period, we are often wallowing in the depths of the “valley of disappointment.”
But as Dr. Frey shows, it’s only a matter of time before progress beyond the valley and start seeing your exponential gains. To get beyond the plateau, he gives us some great tips, including automation and systems.
Don’t miss this great post!
Read the original post on the Prudent Plastic Surgeon blog: 3 Keys to Overcome the Financial Plateau of Latent Potential
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