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Posted on 10/19/24 at 4:07 pm to DarthRebel
quote:
quote:
When did you stop worrying about money?
When I die, then I will stop. The world is always field with unknowns.
Lots of good replies here, be willing to try them out.
This, and I don't want to be that way. I guess it's just how I'm wired. I don't need much at all to be happy. It's not greed. I want generational wealth and assets that protect my offspring and their children.
Posted on 10/19/24 at 11:44 pm to lesgeaux
Wife worked for a dentist that always said “we’ll keep an eye on it”. The other dentists would talk behind his back and say “it’s not gonna get better, fix it while its small”
That always made great sense to me. He left a lot of money on the table and seems like caused his patients more pain and problems by not fixing them before they got big.
That always made great sense to me. He left a lot of money on the table and seems like caused his patients more pain and problems by not fixing them before they got big.
Posted on 10/20/24 at 6:37 am to Fat Bastard
RE
Mutual Funds
Lego Investing
Mutual Funds
Lego Investing
Posted on 10/20/24 at 7:04 am to pioneerbasketball
You stop worrying when your passive income is greater than your expenses.
Posted on 10/20/24 at 10:35 am to lesgeaux
quote:while I was locked up. Bigger things to be worried about (no pun intended)
When did you stop worrying about money?
Posted on 10/20/24 at 8:33 pm to SuperSaint
Two thoughts not mentioned -
Could you look to another dentist around town that might be struggling as well. Both of you hire a consultant to see want combining your practice into one would look like?
Two what about a dentist franchise system to join? Do they exist (ie my eye doctor). You individually own the franchise and you’ll have to give up some profit, but you’ll have shared national advertisement and name recognition. That alone should bring you more business?
Could you look to another dentist around town that might be struggling as well. Both of you hire a consultant to see want combining your practice into one would look like?
Two what about a dentist franchise system to join? Do they exist (ie my eye doctor). You individually own the franchise and you’ll have to give up some profit, but you’ll have shared national advertisement and name recognition. That alone should bring you more business?
Posted on 10/21/24 at 12:26 pm to pioneerbasketball
Posted on 10/21/24 at 1:00 pm to lesgeaux
Not worried about money really.
But there is always that outside threat of missed opportunity or even a major career hit. I take nothing for granted.
But there is always that outside threat of missed opportunity or even a major career hit. I take nothing for granted.
Posted on 10/21/24 at 1:18 pm to lesgeaux
I'm 41 I'll let you know when I stop.
Posted on 10/21/24 at 1:39 pm to lesgeaux
It depends on the day.
We make a very good living, but are still relatively young and not yet totally financially independent so that stresses me on bad days as work.
We also have had our old house on the market for about 8 months now. We had refinanced at 2.6% and the monthly carrying costs are negligible, however having so much money just sitting there really stresses me out.
We make a very good living, but are still relatively young and not yet totally financially independent so that stresses me on bad days as work.
We also have had our old house on the market for about 8 months now. We had refinanced at 2.6% and the monthly carrying costs are negligible, however having so much money just sitting there really stresses me out.
Posted on 10/21/24 at 2:33 pm to lesgeaux
quote:I would invest in anything to market yourself. Surely you do something extraordinary if you want something more. I own a business and we have done well, but like you don’t like adding services outside our core. Recently added a marketing firm and have had some marginal results. We also added some services that we felt comfortable with. We have grown enough that it has paid for itself by double already
do think maybe I should consider a consultan
Posted on 10/23/24 at 1:10 am to lesgeaux
quote:
Fear / lack of confidence to tell patients what treatment I think they need to schedule for and worried that they’ll get pissed and leave my office thinking I’m trying to scam them and am out for their money. So a lot of times I’ll shy away from telling them to schedule a crown or whatever and will say we can just check it again next time and let me know if it starts hurting. Or I’ll feel obligated to give way too many people way too big of discounts thinking it’s the nice thing to do
Been there, done that.
Do you have Social Anxiety Disorder by any chance?
Also, do you use an intraoral camera?
This post was edited on 10/23/24 at 1:12 am
Posted on 10/23/24 at 6:18 am to lesgeaux
Sponsor an elementary school (parking spots, athletic day t shirts, anything.)
Invest in good hygienists. Very few people, especially kids, want to be introduced to theee hygienists over the course of two years. They’ll get pregnant and married, but the rest won’t quit your practice and go somewhere else 15 minutes away for an extra few bucks an hour.
There is probably a day a week (say Monday,) where you can close the office and won’t notice an appreciable drop off in business, but you will cut costs.
Tell your family to stop spending money as if you’re a dentist for a while.
Invest in good hygienists. Very few people, especially kids, want to be introduced to theee hygienists over the course of two years. They’ll get pregnant and married, but the rest won’t quit your practice and go somewhere else 15 minutes away for an extra few bucks an hour.
There is probably a day a week (say Monday,) where you can close the office and won’t notice an appreciable drop off in business, but you will cut costs.
Tell your family to stop spending money as if you’re a dentist for a while.
Posted on 10/23/24 at 6:35 am to lesgeaux
I will stop worrying about money when i win the lottery and that hasnt happened yet.
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