Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Four Common Investment Mistakes That Can Quietly Cost As an optometrist, you’ve got plenty to manage - patients, staff, your practice, and family. But what about your investments? When new clients come to my firm, I often find the same issues in their portfolios. They’re not dramatic blowups - but they quietly drag down results over time. Here are four of the most common mistakes I see...
3 months ago • 4 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time A Framework For Making Smart Buying Decisions for New Equipment "Just because you'll get a deduction, doesn't mean you should buy it." That's the conversation I had with two practice owner clients this week. A super common question I help clients think through is when should you buy new equipment? That new OCT you've been dreaming about? The visual field machine or automated exam lane calling...
3 months ago • 4 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time The Party's Over: Interest Returns to SAVE Forbearance August 1st Just when we thought we had a handle on the student loan landscape, the Department of Education threw us another curveball. The Dept. of Ed announced that starting August 1st, 2025, interest will begin accruing again on SAVE plan forbearance – ending what has been essentially a free ride for borrowers stuck in this limbo. If...
4 months ago • 4 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Major Student Loan Changes from the One Big Beautiful Bill Act The recently enacted One Big Beautiful Bill Act (OBBBA) brings significant changes to student loan repayment options for optometrists - both current ODs and future borrowers. Here’s a breakdown of what you need to know - as of my current understanding. I'm sure we'll keep learning more as everything is implemented (or challenged...
4 months ago • 6 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time The Tax Changes You Need to Know in the Final One Big Beautiful Bill Act Well, it finally happened - after a close vote in the Senate and a trip back to the House, the "One Big Beautiful Bill Act" made its way to the President and is now signed into law. It certainly is Big (~870 pages). But is it Beautiful? Well, beauty is in the eye of the beholder, as they say, and the merits of this Bill...
4 months ago • 11 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Big News in Congress for Current Student Loan Borrowers Good news for optometrists with student loans! A recent development in Congress may protect your current repayment options from (proposed) chopping block. For a while now, we've all been watching two sources of uncertainty looming over student loan borrowers: Ongoing court cases for the SAVE plan Current proposed legislation making its...
4 months ago • 3 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time The Hidden Profit Sharing Traps Costing Practice Owners Dr. Sarah runs a successful 3-doctor practice in suburban Denver. Her 401(k) includes profit sharing, her employees are happy, and everything seemed to be running like a well-oiled machine. Until she discovered she was leaving money on the table - every single year. The issue wasn’t whether her plan had profit sharing. It was how that...
5 months ago • 3 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time 7 Factors to Balance When Deciding Your Owner's Wage Your optometry practice is a powerful asset that fuels your personal and professional goals. But, how do you determine the best way to pay yourself, especially if you’re an S-corp practice owner required to take a W-2 wage? A common question I work through with practice owners is - how much should they pay themselves in a wage? And how...
5 months ago • 3 min read
Eyes on the Money Newsletter Helping ODs master their money, career, and practice one email at a time Well, it finally happened—the House just passed the proposed "Big Beautiful Bill Act" (🤦♂️ yes...that's the name...) by a razor-thin margin of just one vote. The name might make you chuckle (or cringe), but the potential impact on your finances is no joke. These are still proposals, not law yet. It still needs to go through the Senate, and we can expect important changes. But knowing what's...
6 months ago • 4 min read