Weekend Toast July 22, 2018

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The “Weekend Toast” series is a collection of recently published articles by other bloggers that I put together to share. Consider this your one stop shop for remaining up-to-date on being a badass 🙂

So, grab your drink of choice, put your feet up and get ready to read!

Apparently everything I read this week, had to do with finances and money making.  So here you go!

Cheers!


The Millionaire Doc features a guest post by Side Hustle Scrubs detailing reasons you should have a side hustle in 10 Reasons Every Physician Should Side Hustle.

Personally, I’m a fan of the concept of having a side hustle; medicine is not what it used to be and I agree that having a side hustle is good not only for income, but also for the opportunity to pursue other interests and learn new skills.

DiverseFi then goes on to make a case against  side hustles and explores those arguments.  See if you agree, at The Case Against Side Hustles.

Now, as a single female, I’ve become comfortable with making some major life decisions, and shouldering the costs of some of those decisions.  For those in relationships, the decisions may become more complicated.  Women Who Money explores one of these possibilities in Is It a Mistake to Buy a House Together When Not Married?  Personally, I’m not sure I’d be able to take that big of a step with someone I’m not married to, but she brings up some interesting points.  What do you think?

For any professional, student, graduate student, student wannabe who’s reading this, student loans are a burden we bear.  I’m sure we’d all like an easy way out, and find a route to loan forgiveness that frees us of this burden sooner rather than later.  However, please be careful! According to this CNBC article, scammers are targeting those especially stressed and vulnerable and making the situation worse. Read more about it in, As Student Debt Grows, So Do the Scams.  There’s a database referenced in the article of companies to be wary of.  Remember, if it’s too good to be true, it probably is; and always call your lender to confirm before you give away any of your information.

Once you starting making money as a professional, it’s important to remember to prioritize your spending.  Remember, the loans are there! Forget keeping up with the Jones’ and live intentionally, as illustrated by Financial Panther in How Living Intentionally Changed What I Could and Couldn’t Afford. In essence, choose what you afford, rather than letting your profession or salary dictate that choice for you.


 

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