Author: Doctor in Denim

Goodbye, Student Loans!

Goodbye, Student Loans!

In February of this year, I made some calls to the lovely folks at the Department of Education and Student Aid and confirmed that from 2005 to 2013 I took out almost $350,000 IN STUDENT LOANS!

A Brief History of My Loans

The exact total amount of money I borrowed for school – including tuition, fees, supplies, and “cost of living” funds – was $347,634.

That total is principal only and includes none of the interest accumulation, which was quite significant over the course of all those years.

The loans were dispersed between 2005, when I started dental school, and 2013, when I finished my specialty residency.

I had no debt coming out of undergrad, which I finished in 3 years at an in-state university. I got an academic scholarship and worked two jobs during college. And before that I went to a public high school and worked at a bakery, in case anyone is keeping score.

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Our Death-Defying Feat of Driving Old 2WD Cars (and How it Saved us $66k in 5 Years)

Our Death-Defying Feat of Driving Old 2WD Cars (and How it Saved us $66k in 5 Years)

My husband and I are now on our 18th winter of driving non-fancy 2WD cars in snowy climates. Locations we’ve driven said cars during winter include most of Colorado, Chicago and other “lake effect snow” parts of the Midwest, and our current mountainous hometown, which averages 100 inches of snow per year in town (double that on the higher mountains around us).

This past winter brought us one storm with over 35 inches of snow in 24 hours.

Our current vehicles are both 2WD. They were made in 2004 and 2007, were bought with cash, and cost us less than $100/mo total to insure. The costs for gas and regular maintenance (oil changes, etc) are negligible.

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When the Answer to “How’s it Going?” is “Boring!”

When the Answer to “How’s it Going?” is “Boring!”

As you may have picked up from some of our previous posts, we like a good adventure. We realize they’re not all winners, and in fact some of them are solidly in the “once was enough” category, but we like to feel like we’re doing stuff. We also realize that being bored is a first-world problem, and we own that.

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Hacking Our Way to Hawaii (Round 2!)

Hacking Our Way to Hawaii (Round 2!)

We’ve been able to fly Hawaiian Airlines quite a few times – domestically and internationally, economy and first class – but it’s only in the last 12 months that we’ve flown HA with the kids.

The first trip to Hawaii with the kids was a wonderful week in Maui March of 2018, when Baby J was 9 months old. You can read here about the costs of the entire trip, as well as comparable costs if we had paid cash.

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Paying Taxes with a Credit Card

Paying Taxes with a Credit Card

Yes, I took that picture of the shark. No, I was not in the water with it (aquariums for the win), although I am proud to say I have snorkeled with sharks a couple of times. A shark picture seemed appropriate for a post about taxes and credit cards; they all are potentially scary, and they are frequently misunderstood.


So last month I put $24,130 of our personal taxes on a credit card. You read that right. The same person who tracked her family’s spending down to the penny last year, bought her kids second-hand toys for Christmas, and advocates super aggressive debt repayment just put tens of thousands of dollars of money she owed to the government onto a credit card!

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Office Skills!

Office Skills!

I’m sharing this here due to popular request! I apologize to everyone who is not in my field; these posts are not going contain much that can hold your interest. I’ll get back to rambling about other topics later this week.

Back Office Skills

This is the “skills checklist” we give to new members of our back office team. They can bring it with them when they request raises if they want to.

Obviously, this is not going to be super useful if you are not in our particular field (orthodontics). Even if you are in this field, you will want to design a skills list that fits your unique practice, team, and office culture.

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$500k of Business Debt Bites the Dust

$500k of Business Debt Bites the Dust

Honestly, it’s mind blowing for me to write this post. I have major imposter syndrome anytime I even think about numbers this high.

And before we go any farther: please don’t send me messages telling me I’m limiting myself by “not thinking big” or some such nonsense. These are freaking huge numbers. And not only on a global scale (where the median household income is under 10k) but in the USA as well (where the median household income is about $61k) and even in the shiny bubble of doctor salaries that I live in, where the average individual income is anywhere from $100k to $300k depending on your specialty and time in practice and blah blah blah.

So, yes, it feels crazy to write this post. It’s also really fun for me to write this post, because I’ve been waiting impatiently for this day ever since I realized it was within my grasp this calendar year.

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Our Family’s 2018 Spending (and How We Could Have Spent Less)

Our Family’s 2018 Spending (and How We Could Have Spent Less)

A couple quick notes before we dive in to the numbers:

I decided back in January of 2018 to share our family’s spending publicly for a whole year. This was an attempt to prove that doctors do not have to spend a totally ridiculous amount of money to live well and love life and more importantly a strategy to make us take a cold hard look at where all our cash was going and decide whether we liked what we saw.

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