Asset protection is a hot topic among young professionals. Let’s face it, we spent years in school and sacrificed a lot to get to this point so it’s only right to search for ways to protect what we’ve earned. Asset protection is a term used to describe the way we go about protecting our finances from those who see us as a target. These may be creditors, individuals looking to sue, etc. Everyone needs to give thought to this but there are some groups, namely physicians and dentists that are more vulnerable to legal action.
Do-It-Yourself (DIY) braces and at-home teeth straightening kits have become a trend popping up all over the internet, promising dentist-quality results at a fraction of the price. While I understand how attractive these may look and sound, unfortunately, things that sound too good to be true often are. As an orthodontist I have seen some pretty damaging effects of DIY braces and wanted to share a few facts about this dangerous trend.
I remember sitting through many lunch and learns back in dental school and residency where we were constantly told that we needed to get life Insurance. After the differences between Whole and Term Life Insurances were discussed, many of the insurance agents(Reps) would emphasize the need for Whole Life versus Term Life Insurance, especially for us soon-to-be dentists. They advertised Whole Life Insurance as the best plan to “offer great returns”, “protect our assets,” while providing a substantial death benefit.
Almost all young dentists face confusing (and often conflicting) choices after graduation because of the significant amount of student loan debt they have from dental school. The average dental school graduate has more than $247,000 in student debt. That figure has risen nearly 40% since 2010.
To live a life of purpose means to live your life with Intention. To say you’re living with intention means that there is meaning and purpose behind all your actions. When you are living with intention life doesn’t just happen to you, you are not merely existing, everyday is not “just another day.”
Sleek, stylish and affordable electric toothbrush. Get a FREE refill brush head with your first purchase here.
Hand Crafted, Hand Poured, Premium 100% Soy Scented Candles created by our very own Dr. Patrice Smith. Enjoy 10% discount with promo code: WELCOME10 for all first time customers, here.
Get your teeth pearly white with Smile Brilliant’s professional at- home teeth whitening System. Use code: theunorthodoc for 15% off your order, here
Refinance your student loans to get a lower interest rate and get rid of your debt faster with SoFi
LendKey matches not-for-profit credit unions and community banks with borrowers, and offers student loan refinancing products that help graduates save money on interest rates and consolidate their loan payments. Learn More
Low fixed and variable interest rate refinancing for student loans up to $300K. Sign up and receive a cash bonus here