It’s 2022, and many of us want this year to be better than last year. Instead of just hoping this happens, let’s make some realistic goals and put steps in place to achieve them. Here are some of my 2022 goals:
1. Continue to invest at least 10 percent of my salary in retirement accounts. Investing money gives me the opportunity to allow my money to grow. Because of inflation (the …
Emergency physician and financial planner Noah Kaufman gives a general cryptocurrency market update. He discusses the state of Bitcoin and the impact of fiscal tightening by the Federal Reserve and also comments on Paul Krugman’s recent New York Times column comparing cryptocurrency to the subprime mortgage crisis. Finally, we talk …
I began pondering this topic after I witnessed a health care professional post on Facebook her hospital system’s expectation that she return to work five days into COVID, still ill and actively symptomatic. She needed more recuperative time but struggled to give herself permission to take it. Unfortunately, this scenario is all too common in the health care community. How did we get here?
Demoting the importance of my own health …
As an attorney who negotiates physician employment agreements with hospitals on a daily basis, I have developed a healthy skepticism about mindset of hospital executives. It is painfully obvious that most executives in our hospital systems have a business school mindset, that views physicians as necessary (albeit expendable) cogs in the magnificent machine that is the hospital.
Executives can hardly be blamed for this attitude. Physicians will always …
Anyone can win at poker when dealt a royal flush. But what can you do when the cards you are dealt don’t appear winning at all? My answer: Make the best of what you have.
Recently I learned of a colleague who sustained a broken back in an accident. He continues to work, wearing a brace and not taking pain medication. I know from watching his videos that he routinely handles …
Remember in Jurassic Park when Ian Malcolm describes Chaos Theory to Ellie Satler, watching a drop of water roll down her hand? It might roll to one side or the other based on any number of differences in the hair on her hand, subcutaneous blood flow, imperfections in her skin, all tiny variations in a complex system, affecting the outcome. The scene came to mind last week when in 24 …
Pediatric cardiac anesthesiologist, woman, mother, wife, friend, mentor. I can’t remember a time when I wasn’t trying to “work smarter, not harder” to get it all done and feel good about myself, only to begin climbing the mountain with a fresh list the next day. My goals were simple: peace of mind and a sense that I was in control of my life and doing a good job for all …
The majority of my coaching clients are physicians. It isn’t easy for them these days. For the most part, doctors are rational types who believe in science, data, and facts. They have trouble understanding why so many of their patients seem to have signed on as extras in the unreality show of a skilled Pied Piper with a large and devoted following. How sad that so many people have followed …
The most memorable books have twists, turns, and surprises. A plot twist is a literary technique involving a radical change in an expected outcome. It involves withholding critical information until the time is right, changing our perception of preceding or current events. There are often hints along the way, foreshadowing what is to come, but realization does not come until the twist happens, and often only appreciated in retrospect. Red …
A colleague announces he is retiring.
Unknown at the time is the fact that there were a series of fires and suicides committed by patients at the psychiatric facility where he was chief medical officer during the year prior to his departure. State investigators condemned the incidents and found an array of policy failures and procedural errors compounded by staffing shortages due to the coronavirus pandemic.
Another colleague announces his retirement. Unknown …
Are you a physician who is having financial difficulties? Doctors are at unusually high risk of making scary financial blunders in their personal lives because they are high-income professionals.
Despite having a higher-than-average income, physicians can nevertheless develop unhealthy financial habits that will cost them in the long run. Physicians can easily fall into any financial pitfalls.
Fortunately, with a bit of foresight, it is easy to avoid doing …
There’s a lot of hubbub about The Great Resignation right now.
Millions of Americans are quitting their jobs each month. It’s happening in medicine and other sectors such as education, tech, and fast food. Interestingly, it’s not the typical younger employees driving the massive numbers; it’s mid-career workers.
In our household, we have seen both sides of the resignation. At the same time that my teen son quit his first job at …
In a world of delightfully fit health coaches who gleefully snack on kale chips during the holidays, I am not one of them! I like to splurge. Holiday cookies are my weakness, and pecan balls did not disappoint this season! Did you stray from your health goals? I am right there with you. But as a coach, I believe in celebrations. There is no shame in indulging in treats on …
This article is sponsored by Masterworks, the art investment platform.
Jeff Bezos has been doing a lot of buying and selling lately.
In fact, he recently sold billions in Amazon stock to buy $70 million worth of this asset. And he isn’t the only billionaire accessing this $1.7 trillion …
As I write this, a rapidly spreading COVID-19 variant called Omicron is the uninvited guest this holiday season. I’d hoped that the vaccine would have had more widespread acceptance, and we wouldn’t be in this situation, but this is our unfortunate reality now. In addition, COVID-19 has metastasized the already inherent bureaucratic cruelty of the U.S. medical system into death by a thousand slashes of red tape. I will explain why …
While you must be understandably excited about this new chapter in your life, don’t let this excitement get in the way of optimizing your job search. Over half of physicians leave their first job within five years and, of those, a majority leave after 1 or 2 years. Your first job search is an important step in your career; make sure the search gets the time and energy it deserves.
1. …
“You do not rise to the level of your goals. You fall to the level of your systems.”
– James Clear, Atomic Habits
I had a bit of a revelation recently when I brought my dog in for grooming. Some background: My dog is ten years old and has a double coat from hell (although very pretty). She also had a spinal cord injury in November 2019 and has residual weakness in …
Your income doesn’t matter. What you do for a living doesn’t matter. If you want to keep from being broke, none of these things matter except for this: When you’re dealing with money, you’ve got to understand how to do simple math.
I hear stories about people that don’t understand what broke means. It could be the person that recent graduates from dental school with $400K in debt that buys the $80K BMW for instant …
As another autumn pulls the pages off the 2021 calendar, it’s already time to start planning for the end of the year. The days get shorter but often busier as the weather cools down. This can be a vital time when preparing for taxes, and it’s good to know what the best savings strategies are for you to implement now, which will put you in a good spot for your …
Health care workers understand that workplace violence, cognitive overload, and burnout have been challenging their safety and wellbeing long before COVID-19 added to their trauma. Bias and inequities in health care environments were also present well before this novel virus began making headlines. The time is now for us to determine what it will take to keep people in their chosen profession and then rapidly make these changes. Failure to …
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