High-yield savings are a fantastic way to stash your free money wasting away in your checking account. This Sofi Money Review will go over the pros and cons of opening an account with Sofi Money. You typically earn an average of 2.20 % APY or more dependent on which savings account you pick. One of the problems with keeping cash
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I came across an interesting article from Bloomberg discussing the definition of being wealthy across different age groups. The data came from the 2019 Modern Wealth Survey from Charles Schwab. The online survey was based on answers from a cohort of 1,000 respondents, age ranged from 21 to 75 years old. Below are some interesting findings: 59% of Americans live paycheck
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I am sure there are a lot of reviews for both Mint.com and Personal Capital out there. However, as with everything, everyone has a different perspective and this is my honest review of two free and most popular personal finance tracker out there. Mint.com I have been a long-time user of Mint. I don’t quite remember when I started using
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Welcome to the first edition of the Sunday financial reading for pharmacy professionals! These are some of my favorite articles I read this recently. Happy reading! Which Should You Fund First: Your 401k or IRA? Article Intro When saving for retirement there are many different strategies and savings vehicles available. The two most popular are 401 (k) and IRA. He’s
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I recently ran an analysis through my 401 (k) provider to check what is the optimum age for me to retire at. My 401 (k) provider, Empower advised me to retire at the age of 70 to get the full retirement benefit! Well, you might be thinking about how long can I live to enjoy that retirement? As you can
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Let’s learn different strategies for your investment and saving today! Disclaimer, I am not a personal finance expert. If you’re a personal finance newbie just like myself, the SEC has a really good resource called introduction to investment for you to peruse. Because I’m not an expert I have to do a lot of reading on personal finance from various
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In this post, I will describe 5 five ways pharmacists can generate passive income. There are two types of income sources: active and passive income. Pharmacists get their active incomes from working their full-time jobs. You can get creative with this. I have personally known pharmacists who are trying to earn extra income in a variety of different ways. First,
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In this blogpost, I’m continuing my how-to series on WordPress. Specifically on optimizations via WordPress plugins. Interested in starting a blog just like this one? Read more about it here. It’s probably best to go with as few plugins as possible due to the fact that too many plugins can slow down your website. Find out which ones are most
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What is the average pharmacist salary in 2019? In this blog post, I compiled pharmacist salary data from top salary sources. Pharmacists consistently ranked among the most trusted health care professionals and also among the top earners. How much money do pharmacists actually make? I have researched this topic since 2011 and have a deep interest in it. I know
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In this blog post, I’ll describe a few of my strategies for monetizing this blog. Are you interested in creating your own blog? Please read my post about how to create a blog just like this one. Google Adsense I came across a really good article regarding Adsense from google research. Here adsenseninja gave a thorough explanation of adsense. My
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Do you know which pharmacy school is the top pharmacy schools in Texas? Ever since high school I’ve been infatuated with college rankings. In particular, I love browsing through the US News rankings. There are other college rankings out there but US News is probably the most known and widely cited. They have been ranking colleges since 1983! The latest
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This top ten list is not any particular order. The following are blogs that are my favorites when it comes to personal finance, pharmacy or both! Money Under 30 This is one of the highly recommended personal finance blogs online. Frugal Asian Finance The title is self explanatory! Another FIRE participant with very interesting topics. Financially Alert Follow the very
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This post may contain affiliate links, please read our affiliate policy for more details. Starting a blog ranked highly in most recommendations for a side hustle. While it is tough to stand out in a crowded arena if you find a good niche and put forth a genuine effort. I believe you can be successful. I started this blog as
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If you’re a pharmacist who’s interested in personal finance then you’ve probably have heard of a side hustle. A pharmacist side hustle is anything that you’re doing on top of your full-time pharmacist job in order to earn additional income. I think it is a growing trend amongst millennials who wanted to pad their savings for investments or working toward
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In this post, I will document my student loan journey and how I paid off my student loan in 2 years. MyFed Loan accounts Many college graduates are familiar with this loan servicer. My initial loan started with approximately $29,000 subsidized loan after my graduation in 2006. Student loans are usually subdivided into three different types of loans. After my
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