To Get Started on Your Financial Journey, Follow These Simple Steps...
-Dat & Aaron | Co-Founders
This rapidly growing community, boasting over 18,000 optometrists, is eager to assist with your financial inquiries. We offer advice on investment strategies, student debt management, and provide support and encouragement. Additionally, Dat and Aaron are available daily for direct, additional help.
If you wish to share your financial situation anonymously, please send us a direct message on Facebook for any private member posts!
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3. Start With This Article And Keep on Reading the Latest Posts!
Through education, discussion, and tools, ODs on Finance strives to be a comprehensive resource for all finance-related matters. We aim to empower every optometrist, whether as an employee or practice owner, to achieve their full potential in their careers. Our objective is to help our colleagues in optometry and other healthcare professions live debt-free, financially liberated lives, and build substantial net worth. Financial freedom is one of the most valuable gifts you can give to yourself. Start learning today!
6 Massive PSLF Changes + 3 Student Loan Tips for Optometrists
On Wednesday Oct 6, 2021, the US Department of Education announced a massive overhaul to their 10-year Public Service Loan Forgiveness Program, essentially affecting all optometrists working for non-profit clinics like VA, IHS or non-profit universities.
3 Important Steps to Do Due Diligence For a Successful OD Practice Purchase
Purchasing a practice is an exciting yet daunting process for both new grad and seasoned optometrists alike. One of the reasons purchasing a practice is so daunting is due to the uncertainty that comes with becoming the new owner of an existing business….Due diligence methodology for purchasing an optometric practice has been nearly universally defined by prominent valuation experts in the field. This is the 3 methodology that we will be discussing.
8 Dos and Don’ts When Purchasing an Optometry Practice
Practice ownership is often heralded as one of the pinnacles of an optometric career. Having ownership of a practice often allows for higher income, and more importantly: freedom and autonomy to practice as one sees fit. In my career, I have had the privilege of buying my own practice as well as helping others through the buying process… So whether you are a newly minted graduate looking to begin your legacy, or you are a seasoned veteran looking to acquire another piece of your empire – use these points to help guide you towards your next big purchase.
3 Optometry Job Contract Red Flags to Watch Out For
Reviewing contracts can be tedious, challenging, confusing, and flat out exhausting. However, the contract review and negotiation phases of the career search journey are arguably the most crucial steps in the entire job search process. This could set you up for huge financial success early on in your career, or it could keep you stuck at an office where you would rather not work any longer out of fear of breaching your contract. We tend to focus on compensation because it’s easier for us to understand as compared to legalese. However, I would argue that the non-salary contractual items are equally, if not more, important than wages. This article will briefly discuss three non-salary red flag items to be aware of during your contract review.
7 Takeaways for Optometrists From Biden’s Extension Of Student Loan Relief
Last Friday afternoon, Biden announced that he will extend the student loan moratorium (which was supposed to expire at the end of September 30,2021) to a new date of January 31, 2022. Benefits include suspended payments (forbearance) and frozen 0% interest from March 2020. While there are a lot of moving parts, here is what you should be aware of if you are an optometrist with federal loans:
4. Check Out ODs on Finance Book Series
These books strives to teach student, 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.
Clinical anecdotes and straightforward advice will keep students and new graduates entertained page after page while teaching important financial lessons to avoid potential pitfalls.
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, or a tax CPA?
Whether you're in search of top refinancing lenders, insurance brokers, real estate assistance, tax professionals, or a book recommendation, this exceptional list of Recommended Resources is tailored for optometrists and other high-earning professionals. Aaron and Dat diligently vet each partner to ensure they uphold ethical standards and adhere to our stringent principles.
If you're seeking trusted and experienced professionals and services, you're in the right place!
Explore our upcoming virtual webinars, where we provide more than 50 hours of CE hours and financial webinars. Enjoy all of these for free and from the comfort of your own home!
8. Are You A Practice Owner? Or Opening Cold?
Unlock the full potential of your optometry practice with unbeatable, negotiated rates and unrivaled financial resources - all under one roof! Get access to the LOWEST Equipment pricing 100% FREE.
Don’t forget to join our Free Cold Start Accelerator!
