To Get Started on Your Financial Journey, Follow These Six Simple Steps:
-Dat & Aaron | Co-Founders
This popular and rapidly growing community has over 12,700+ 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.
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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!
2022-2023 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!
Health Insurance Basic 101 That Every Optometrist Should Know
Whether you are a New O.D or Seasoned O.D ….healthcare is changing every year. Working in the medical field, I thought I understood how health insurance worked, until I ended up in the emergency room for two hours earlier this year. We will teach how to understand 6 key terms and how they apply to your health insurance (Premium, Deductible, Co-insurance/Co-pays, Maximum out of pocket, Benefit caps & understand network options (HMO, EPO, POS, PPO).
3 Take-Aways That Optometrists Should Know About Biden’s Student Loan Debt Relief
On Wednesday, Aug 24, 2022, President Biden, along with the US Department of Education announced a three-part plan to help student borrowers with federal loans transition back to regular payments. In addition, we do want to let our members know that it took us a little while to gather our thoughts after the dust settled to address our community.. So let’s begin with the facts first and any questions that optometrists might have. PART 1: Final extension of the student loan repayment + 0% Interest pause forbearance until 12/31/2022
5 Tips for Growing a New Sublease Office
Building a new sublease office inside a retail store brings some unique challenges, but can be even more rewarding when you see your office thrive after years of hard work. Like any new business, attracting new patients may be a struggle at first. However, by engaging in a number of creative practices, I was able to grow this office from a patient base of zero to a thriving optometry office! Below, I will share the five strategies that formed the core of my success plan:
6 Tips for Utilizing Cost Benefit Analysis on a New Piece of Equipment
New equipment is always a temptation for practice owners, and for good reason. A cost-benefit analysis (or CBA for short) is a term derived from Lean theory and is an analysis of the expected balance of benefits and costs, including an account of any alternatives and the status quo. CBA takes into account your overall return on investment (ROI), however the approach is a little less black and white than might be expected. Let’s go through 6 important tips on utilizing CBA to its full extent in order to find whether that new piece of equipment should find its way through your practice doors.
5 Tips to Stand Out in Your Job Search
A commonly noticed trend has been noticed over the last few years – new optometry programs continue to pop up throughout the country. This directly leads to an increase in the number of graduating optometrists. Therefore, it is reasonable to assume that the job market for associate optometrists is becoming more competitive. In a competitive environment, job applicants must seek ways to stand out from their peers as leading candidates. Learn how to make an impact on employers and set yourself apart from colleagues on your way to success.
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!
ODs On Finance Bonus
Lowest Current Rate Offered | +0.25% autopay Discount
Click Below to get Started!
2.49% Variable | 2.59 Fixed
1.86% Variable | 3.99 Fixed
0.25% Discount or $1000
2.25% Variable | 3.74 Fixed
3.24% Variable | 3.99 Fixed
4.13% Variable | 2.99 Fixed
2.49% Variable | 3.74 Fixed
3.12% Variable | 2.21 Fixed
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!