This is the second article in a following series on saving money.  Introduction Do not have more house than you really need Save on Groceries and Control Your Restaurant Expenses Maintain your professional clothing yourself Analyze fixed costs and destroy them - utilities, phone bill Housing costs in America are cheap. If...

As a high-income earning physician, you deserve a McMansion, right? How much house can you buy on your income? Suppose that you are the average physician that we discussed in an earlier post. You are making $200,000 annually. According to this example, you have approximately $131,000 for living expenses...