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"Hand-selected word of Wisdom to help you succeed" 

10 Practical Tips on How to Pay Off $221K+ Optometry Student Loans in 5 years

By DatBuiOD | November 17, 2020 |
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Like many optometrists, I graduated from Southern California College of Optometry (SCCO) with over $221,245 in student loans back in June 2015. It was a combination of both federal loans ($198,303) and high interest private loans ($22,942) that I took out for other living expenses during my 4th year rotations. In early October 2020, during the COVID-19 pandemic, I made my final and last student loan payment, roughly 5 years later.

2020-2021 Comparison Retirement & IRS Limits

By DatBuiOD | November 8, 2020 |
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KEY POINTS: (1) Overall, 401K/Roth IRA/SIMPLE/SEP contribution limits are the same in 2021 (2) Trad IRA: For single taxpayers covered…

6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong

By DatBuiOD | October 2, 2020 |
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We have quite a few ODs on Finance members who are big Dave Ramsey fans, and quite a few who are Dave Ramsey Haters. Here are 6 Lessons That Dave Ramsey Get Right, and 6 Lessons That Are Completely Wrong and how each OD can optimize them to be even more successful!

8 Financial Lessons that I Learned during COVID-19

By DatBuiOD | August 19, 2020 |
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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.

The New Normal – Should Optometry School Tuition be Reduced in Light of Virtual Classes and Reduced Clinic Time?

By Dr. Aaron Neufeld | July 19, 2020 |
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The coronavirus pandemic has turned our world upside down. Face coverings and hand sanitizer, once foreign objects only wielded by the most righteous germaphobes, have now become a reality and requirement for nearly everyone. In the SF Bay Area, where ODs on Finance’s physical headquarters are located, many large tech companies have adopted a permanent work from home policy – which has lightened morning traffic, allowed many workers to move out of the area into more affordable areas and has undoubtedly reduced overhead cost for these large companies in terms of commercial real estate needs.

8 Reasons Why Every Optometrist should Invest in Index Funds

By DatBuiOD | July 1, 2020 |
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KEY POINTS: (1) Better Performance (2) Lower Cost (3) Less Time consuming (4) Less Risky (5) More Tax-Efficient (6) Ease…

The Optometrist’s Guide to Side Hustles

By DatBuiOD | April 29, 2020 |
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With the increasing burden of massive student debt and low insurance reimbursement rates, many optometrists are searching for income alternatives…

The Optometrist’s Guide to Life Insurance

By DatBuiOD | April 5, 2020 |
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Life insurance is a situation that no one wants to address or even think about due to its morbid nature. …