I help therapists navigate every element of their financial lives: from understanding your practice P&L and building a personal budget to managing student loan debt and investing for retirement... and everything in between. But don't let my love of the tax code and spreadsheets scare you off! You're just as likely to find me with my nose buried in one of Pema Chodron's books as reading up on the latest financial planning techniques.
Is it smarter to buy or rent? 🤔
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Hello Reader, I’ve been excitedly working on a rent versus buy calculator in my spare time. (I’m a numbers dork, yes this is the type of thing that I get excited about!) 🤓 But the other week I tossed my draft calculator in the garbage bin. 🗑️ Why, you ask? Because the New York Times just came out with a truly EXCELLENT rent versus buy calculator. It was fancier and more slick than anything I could put together and honestly… they’ve thought of everything. As soon as I saw it, I knew I needed to share it with everyone. The rent versus buy decision is tricky. 🤔 It’s a question I’m asked a lot. Like most financial decisions, the right answer for you will depend on a number of factors. And the NYT calculator can help you think them through. Whether you’re a committed renter, a committed homeowner – or wondering which path is right for you, I think spending a bit of time playing around with this calculator will be time well spent. And if you have any questions about it – or find any of it confusing – hit reply and let me know how I can help! Best, PS: I’ve gifted you access to the NYT rent versus buy calculator for 30 days (if you’re not a NYT subscriber). So don’t wait – give it a whirl today! |
Hi there! I'm a financial planner for therapists!
I help therapists navigate every element of their financial lives: from understanding your practice P&L and building a personal budget to managing student loan debt and investing for retirement... and everything in between. But don't let my love of the tax code and spreadsheets scare you off! You're just as likely to find me with my nose buried in one of Pema Chodron's books as reading up on the latest financial planning techniques.
Hello Reader, I hope this email finds you in the midst of preparing a legendary BBQ, or perhaps strategically placing your lawn chair for the best view of tonight’s fireworks. 🎇 Before your eyes glaze over at the mention of the word “budget”, hear me out. I promise not to drone on with the usual “save more, spend less” mantra. Instead, I’ll share a little secret with you. A budget is not a restriction on your spending, it’s a liberation from financial stress. Think of your budget as your own...
Hello Reader, We’re entering the summer season, which of course means a tax payment will soon be due! 🫤 Your second Estimated Tax Payment is due on June 17th. (Typically June 15th, but that’s a Saturday this year… so you get a few extra days.) Whether you receive part of your Private Practice earnings through a paycheck or not, you typically will need to make Estimated Tax Payments over the course of the year. These Estimated Tax Payments, when combined with any payroll tax withholding, help...
Hello Reader, The initial tax filing deadline has come and gone and hopefully you’ve crossed that finish line without too much sweat and tears! Of course, if you’ve filed an extension, you still might be in the thick of it. 😰 I realize that the last thing you probably want to spend time on right now is planning for next year’s tax filing deadline. But now is actually the perfect time to plan. Why? Because everything is fresh in your mind. What went well? What didn’t go so well? What would you...