The Money Blog

A Harvard Business team found that from a database of 50,000 leaders, both positive comments and constructive criticisms were important in promoting team success.

While criticism was most effective...

Previously I explored how the affluence of a physician household can make life too easy for kids.

But there are negative effects on us too.

The pandemic forced us to dial back some of the...

Many of us grew up heeding criticisms and corrections from superiors while downplaying praises (lest it go to our heads).

As such, we gravitate towards negative comments on ourselves.

Studies on...

In an earlier post, I alluded to the notion of choice in most consumer purchases.

Below, I’ll briefly highlight the first three strategies I use to avoid consumer debt:

1. Cash, Paper,...

As part of the social maturation process, we humans grow from dependence to independence to interdependence.

Professionally, this is also true as we progress from medical students to interns,...

For those of you who have known me personally over the years or attended our live events, you will be familiar with my constant praise of outsourcing.

And as a two-doctor family with four children,...

Decades ago, one of my mentors asked me, “Would you like to make 100% of one person, or 1% of one hundred people?”

That question caught me by surprise. I was working around a hundred...

In an earlier posting, I wrote how debts can be a choice. Today I’ll explore the mental toll that bad debts take.

When it comes to issuing debt, banks use formulas based on occupation, income...

Fear is an innate instinct to protect us from danger, but it can also be a learnt or conditioned response to less harmful situations (e.g., heights, public speaking, social settings).

Fear of the...

In an earlier posting, I explored how time in the most precious asset in our lives.

None of us is getting our youth or years back. Yet we lose countless hours consumed with fear.

What I have come...

According to yourdictionary.com, risk can be defined as “peril, danger, [or] the chance of loss or injury”.

The traditional scholastic education system discourages risk-taking by...

This post is the first in a series wherein I explore the effect of debt on our lives.

Debts can either be good or bad – depending on a few features that I will explore over the course of...