To Get Started on Your Financial Journey, Follow These Seven Simple Steps:
-Dat & Aaron | Co-Founders
This popular and rapidly growing community has over 24,500+ Optometrists who are eager to help answer your financial questions, tips on how to invest and manage your student debt and finally to provide support and encouragement. Also Dat and Aaron are also there daily to provide direct additional help.
Want to share your financial situation anonymously? Please Facebook message us directly for any private member post!
2. Subscribe to Our OD-Financial Newsletter
Don’t worry! Dat and Aaron hate spam too! Our goal is to provide you with new and useful article content, in addition to the latest updates!
3. Start with this Article and Keep on Reading the Latest Posts!
Through education, discussion and tools; ODs on Finance seeks to be a universal resource on everything finance related. We also seek to enable each and every optometrist to reach their true potential in their careers whether it be as an employee or practice owner. Our goal is to see our colleagues both in optometry and other healthcare fields living debt free, financially unrestricted lives with a high net worth.
Financial freedom is one of the greatest gifts you can give yourself. Start Learning today!
2023-2024 IRS limitations for Optometrists
With inflation rising at all time highs, it definitely seem that the IRS is adjusting quite drastically for most of these accounts for 2023! While all of these limits might seem higher, remember that it is mainly keeping up with inflation, which the consumer index is estimated at 8%. in 2022. Please use these important limit to adjust your financial planning for 2023 especially for any retirement plans!
Creative Approaches To Acquire An Optometric Practice
Approaching the acquisition of your first practice with a little creativity may open up additional opportunities for acquisition at a more reasonable cost of investment. We are all used to the approach of identifying a practice for sale and buying it. Gone are the days when banks easily lent money, that borrowed cash was affordable, and the price of practices for sale was attainable to a new solo practice optometrist
Overcoming $153,242 Student Loan Debt in Four Years Working in Corporate Optometry
Hello, I’m Dr. Ayana Pierre O.D, and I graduated from NSU in May 2019. I chose the path of corporate optometry and currently practice in Central Florida. Working about 4.5 days a week, I’ve been fortunate to earn a gross income of approximately $250,000 last year. This achievement has been a blessing, providing me with not just financial stability but also the flexibility to manage my schedule effectively.
Navigating the Path to Cold-Starting an Optometry Practice: A Journey of Passion and Persistence with Dr. Ashley Szalkowski
Driven by the desire for change and a fresh approach to eye care, Dr. Ashley Szalkowski shares insights into the process of establishing a thriving practice from the ground up.
October 2023 Market Update for Optometrists: Latest Economic & Financial Trends
The economic landscape is characterized by a steady 3.7% inflation and cautious actions from the Federal Reserve, particularly in managing interest rates to avoid potential economic downturns. While some economic indicators like GDP growth appear robust, there’s a visible undercurrent of economic stress and mixed expert predictions regarding a potential recession in 2024.
The Holland’s Journey: Paying off $660,000 Student Debt in 5 1/2 Years
We want to share our stories to help other young optometrists who are struggling with their student loans. We are both practicing optometrists and managed to overcome a massive obstacle together: paying off $660,000+ in student loans in just 5 1/2 years. Sounds impossible right? But let’s start from the beginning.
4. Buy the Official "The Optometrist's Guide to Financial Freedom" Book
Co-founders Drs. Dat Bui and Aaron Neufeld created this comprehensive blueprint on techniques to overcome financial obstacles facing optometry students, residents, practicing doctors and other high-earning professionals.
This book strives to teach both young and experienced optometrists financial topics that were never taught in school, ranging from strategies on how to use a high-income salary to attack massive student debt, budgeting and saving for retirement, avoiding predatory advice from financial advisers, using tax strategies to save money, creating passive income, stepping into private practice ownership and how to build wealth through long-term investing in an ever-changing optometric world.
5. Refinance Your Student Loans Today to Save Money!
Great news! Aaron and Dat were able to negotiate and advocate for the best term rates and cash back bonuses for all ODs on Finance members/users looking to refinance their student loans.
Starts thousands worth on interest and get up to $1000 Sign-Up Bonus today!
6. Need Help with a Doctor's Home Mortgage? Disability/Life Insurance? Tax CPA?
Whether you are looking for the best re-financing lenders, insurance brokers, real estate help, tax professionals or a book to read- this wonderful list of Recommended Resources for Optometrists and other high-earning professionals has you covered!
Aaron and Dat work extremely hard to vet each partner to make sure they are ethical and adhere to our strict principles.
If you’re looking for trusted and experienced professionals and services to help you out!
Check out our upcoming virtual webinars where we offer 50+ hours of CE hours, and financial webinars, all for free and from the comfort of your own home!