2022 in Review, and a Look at 2023!
It’s hard to believe, but the year 2022 has vanished in the blink of an eye. This past year, we’ve had the pleasure of seeing ODs on Finance continue to grow and help ODs on their financial journey, whether they be new grads or seasoned veterans. We are thankful for your attention, your questions and your contributions. Two tenets that hold paramount value to us at ODs on Finance are transparency and productive growth. In this letter, we will highlight how our community has grown, the various methods we provide value to our community, exciting new projects/acquisitions for 2023, and a look at our commercial interests/disclosures – trust us, you’ll want to read this! Here is a quick recap of 2022!Read More
What Should I Do First? A Complete Guideline Step-By-Step
Personal finance is called personal for a reason; it is just as much a science as it is an art (similar to prescribing glasses). But seriously, this is probably one of the most difficult decisions that a lot of doctor investors will face and has starved me of sleep a lot – simply deciding which…Read More
8 Financial Mistakes that New Optometrists Make
The average new optometrist graduates at an average age of 28 year old (significantly behind non-OD peers in terms of income generation), with an average student loan debt of over $220,000+, with little or no retirement investments. Often new grad optometrists find themselves practicing in oversaturated cities and most importantly without any formal financial education. This is the perfect storm that often leaves many doctors mentally overwhelmed and prone to devastating financial mistakes. In this article, we will address 8 common financial mistakes that new OD graduates make and how you can avoid them to be financially successful.Read More
Annual Report: 2020
Hello ODs on Finance Family, Well 2020 has surely been a year! Let’s be honest, we all went into the year 2020 with big expectations – but the so-called Year of the Optometrist had some nasty surprises up its sleeve. Despite the trials and tribulations that 2020 brought, it also brought important lessons, and the…Read More
Ask the CFPs Part I – Budgeting and Debt Reduction (FB Live Event)
One aspect of personal finance that is vitally important but not necessarily “sexy” is budgeting and debt reduction. In addition to growing your money, limiting the money owed and devising strategies to keep your debt low will help grow your net worth. Our latest Live event will address ways to get out of debt and…Read More
8 Financial Lessons that I Learned during COVID-19
As we approach the end of August, we have experienced the worst market down-spiral in mid-March since the 2008 housing recession, with a -20% stock market crash. Luckily, year to date (YTD), the S&P 500 index has recovered nicely to roughly baseline. While we are not out of the woods yet, I have learned some important financial lessons, both as an investor and as an individual during this once-in-a lifetime catastrophe. Here are 8 things the pandemic has taught me.Read More
My Office is Closed; I am Out of Work, What Do I Do?
[Disclaimer] This article was written to the best of our knowledge with the latest news released from the Federal government. Some information may change/modify so we will keep the information updated to the best of our ability On March 17, 2020, the CDC and subsequently the AOA has urged all non-essential eye care providers to…Read More
The Federal Reserve Just Slashed Interest Rates to 0%, What Does This Mean for Me?
March 2020 is shaping to be one of the craziest months our country has experienced in quite a while. There is no doubt that these next few weeks will find their places in US History books that our children and grandchildren will study in the future. With widespread quarantine efforts by the government and CDC,…Read More
Five Tips for Keeping Debt Low During Optometry School
Optometry school is an exciting time. You begin a rigorous and in depth education that will directly impact your future. You meet lifelong colleagues and friends. You learn skills that you will use to improve the lives of countless patients, and in turn, these skills will in turn help you make a living. However your…Read More