Dr. Wise Money (DWM)

white coat_body length_ DWM 512 standard

DWM, previously known as Debt Free Doctor (DFD), is a 1st year resident (PGY2) in the Department of Medical Imaging at University of Arizona. DWM firmly believes that financial freedom makes better and happier doctors.

As DWM achieves her financial goals of purchasing a home (MS4), paying off her student loans (PGY1), refinancing her home (PGY1), maxing out retirement savings (PGY2), & now closing on her second home, and on track to becoming retirement-eligible in 7 years (3 years after fellowship completion), she writes about & gives talks on personal finance for doctors, assisting her colleagues to achieve financial success.
You can join the collaborative information sharing and discussion on personal finance here; please share your questions and insights in the comment section or on the DWM forum.

Someone I highly esteemed wrote,
“I wanted to take my time reading your article, and I confess I had a hard time trying to grasp all that deep knowledge, at times s so out of reach for my financially challenged mind.
But I am a good observer, and I do clearly see a bright girl that is thriving exponentially just before my eyes. You are applying the universal rule of real success: sharing. Bettering yourself while doing same to others, having fun , staying focused and levelheaded.
You are an example to others in many many ways. Congrats Ms Wise!”

“The young doctor should look about early for an avocation, a pastime,

that will take him away from patients, pills, and potions …

No one is really happy or safe without one.”

–Sir William Osler

Dr. Wise Money Crew Member #1:

Mini Wise Money

Fashion Ella
2 year old Mini Wise Money loves style & fashion since toddler hood.

MWM is now a 3rd grader who loves horse-riding, photography, painting, swimming, singing, dressing fashionably, & collecting ear-rings. MWM has learned the importance of compound interest & investing in her future at the tender age of 8, so she has been depositing her gift money from her generous grandparents and other family members in her Mommy’s Bank, where she earns 10% annual interest. Frequently, we joke that MWM has the highest net worth among her nuclear family, especially when her mom DWM was still paying off her student loans back in 2015.

*You can check out MWM’s artwork including photography, paintings, & sculptures in the Mini Wise Money’s Art Gallery, located on your right side bar.

Dr. Wise Money Crew Member #2:

Wise Money Shopper


DWM’s younger sister, aka the Wise Money Shopper, is quite the deal hunter. All major purchases in the family such as plane tickets and high end gifts are deferred to Wise Money Shopper. As Mini Wise Money fullheartedly adores her auntie’s class & style, DWM marvels at the great deals her sister finds. Wise Money Shopper joined the Wise Money Blog Crew in April 2016. WMS will be sharing tips on living with class & style without breaking the bank.

Dr. Wise Money Crew Member #3:

Wise Money Gourmet


Mom is a cookbook author and gourmet chef. She specializes in the mindful use of healthy ingredients as preventative medicine. She has written over 20 cookbooks in Mandarin Chinese. Since publishing her first cookbook in the mid-90s, she has toured Taiwan many times giving lectures, and there worked extensively in radio and TV. Relocating to the US in 2006, she continually helmed community center cooking classes all throughout southern California. In 2014, she expanded her horizon to mainland China, and there she remains working with local farmers on optimizing the utilization of produce beyond their peak seasons (through fermentation, as well as other forms of preservation).

Every time she visits Tucson, our 4 stoves + 1 slow cooker are on 24-7; our house is filled with the aroma of herbs and spices. You will see new posts from her (in Chinese and English, translated by my sister WMS) soon.

I’ve been trying to convince Mom to start cooking lessons in Tucson, but she prefers to develop her following and business in China for the time being.

Find some of WMG’s recipes here. Click upper right corner for translation to English.

Dr. Wise Money Crew Member #4:

Wise Money Environmentalist

Dad @ Strangeloves

Dad is a civil engineer and retired county topological surveyor turned green energy activist. He has been on the down low since a bout of severe depression. We are all rooting for him to return to the enthusiastic and vivacious person he used to be, and doing our best to be supportive in the meantime.

Years ago, dad began a series of blogs on going green, which were sadly abandoned when his depression hit. His focus was on limiting needless consumption and reducing material waste. WMS plans to develop a series with him on being a conscientious consumer and shopping “green”. Together they will navigate the realms of making purchases that are responsible to the wallet and the environment. We can’t wait for dad to come out of his shell more, and show you all what a truly delightful person he is!

Legal Disclaimer: The articles and information provided on this website (https://www.drwisemoney.com/) are for informational purposes only and are not intended as a substitute for professional advice. Please consult a (fairly priced) professional accountant, financial adviser or lawyer, before making financial decisions.