Money

Using Someone Else‘s Account Is Stealing

Using Someone Else's Account Is Stealing

I hope I can convince you that using someone else‘s account is stealing. Everyone knows that if you go to Target and walk out with a liter bottle of olive oil without paying, it is stealing, right? How does Target…

Opportunity Cost of Time

Opportunity Cost of Time

Opportunity cost represents the potential benefits that a business, an investor, or an individual consumer misses out on when choosing one alternative over another. Opportunity cost usually refers to money. If you buy a television for $1000, you don’t have…

How Best to Use Credit Cards

How Best to Use Credit Cards

The best way to use credit cards is to maximize rewards while avoiding all fees. Credit cards allow you to buy things before you have the money in your bank account. We all know that. If you don’t pay attention…

How To Know When to Retire

How to Know When to Retire

How To Know When to Retire I left my medical practice of 19 years last week. I’ve had three parties celebrating my retirement, but I don’t call it retirement. Retirement used to mean quitting a job of 35 years, then…

Why Is It So Hard to See the Doctor?

Why Is It So Hard To See The Doctor

Why Is It So Hard to See the Doctor? A common complaint is the delay and difficulty getting an appointment with your physician, especially your primary care physician. You can wait a few minutes for coffee at the Starbucks, walk…

What Is Money?

What Is Money? What is money sounds like a stupid question. It’s not. The best explanation I have read was in Basic Economics by Thomas Sowell. Paraphrasing, money is the intermediary for exchanging things between people. The economy, whether for…