Previously, MyFinanceMD, has been clamoring for TAX REFORMS, since our tax system has not been updated to reflect inflation. See this post: AlDub and Philippine Tax Reform In fact, our tax system’s last update was made 20 years ago. Imagine that! If you are earning more than 500K per year, you are being taxed at…
Category Archives: Doctor’s Lounge
Congratulations! You are Now a Board Certified Doctor! Now What?
You finally did it! Big hooray, and yehey. You pushed through all the years of hard work, sleepless nights, eye bags, self-doubt, exhaustion, double personality disorder and caffeine-controlled-life to finally at the end of the journey. You are now Board Certified Medical Doctor! Your family is proud and you are probably grinning from ear to…
Who Wants To Be a Doctor? 13 FAQs about the DOH Scholarship
Ever since I was a child, I was one of those kids whom when you ask, “What do you want to be when you grow up?” will always answer, “I want to be a doctor.”, even though I excel more in Math subjects. That answer never changed. In college, I chose a course in…
7 Unexpected Places Where you can Get Money in Case of an Emergency
There are many unexpected events that can happen in our lives anytime. That’s the reason why a good financial foundation always include a healthy amount of emergency fund stock away. Here is how to compute your emergency fund. But in times of financial emergencies, we don’t know how much we might really need…
For First Time Credit Card Users: 7 Things You Need to Know
Credit cards are just small plastics cards. They may seem small and harmless in your wallet but they are one of the most powerful inanimate objects I know that can give people sleepless nights and untreatable headaches. The purpose of this post is educating the first time credit card users but it can also educate…
Rules for Female Doctors: Changing Names after Getting Married
When I got married last 2010, I didn’t know how changing surname actually works. As a medical doctor, I just copied other doctors who got married before me and just placed a dash (-) from my surname and to that of my husband’s surname, not knowing that there are other options available for me. …
A Simple Trick for Doctors to Know Whether Their Accountant is Honest
Writing articles about things doctors should know about Taxation 101 makes me a go-to person to ask, especially from doctors who has zero knowledge on numbers, more so, taxes. Even though I write articles that are simple to digest, doctors really don’t have enough time to sit down and understand everything I write. I…
Money Jars (for kids to teens) – Explained from Magandang Buhay Show
Last Monday, I was invited to guest in the TV show “Magandang Buhay” in ABS-CBN. It was both nerve wracking and fulfilling experience. Nerve wracking because it was a “live show” so, to those who were able to watched the show, forgive my clumsiness and self-consciousness. Fulfilling also because after the few minutes of fame,…
