Finance for Physicians: Confessions of a MBA LTC Ross Colt MD, MBA, FAAFP Deep thoughts on…Money For the love of money is a root of all kinds of evil. (2 Timothy 6:10) “We were so poor my daddy unplugged the clocks when we went to bed.” (Chris Rock)
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LTC Ross Colt
MD, MBA, FAAFP
$100,000 +Money = happiness
But it helps!
$20,000Good debt, bad debt
Each saves $6,500/yr, rate of return 8%
R3- $69,000By the way…Resident salaries
Staff level (minimum)
MAJ (obligated) $100,000