Category: lifestyle

How to replace the headlight bulbs on a 2006 Subaru Impreza

Welcome to installment #2 on basic handiwork tips that any professional (day trader, neurosurgeon, or even business analyst) can learn to do! The previous tutorial discussed how to replace the rear bulbs on the same car.

It turns out that my low beams on my 2006 Subaru Impreza wagon decided to burn out on the way to work one early morning. I stopped by AutoZone on the way home to pick up replacement bulbs and made the repair that evening. An upgraded pair of Xenon-like bulbs could be found on eBay for less than $20. Unfortunately I could not wait for the shipping and ended up picking a set of standard Halogen bulbs for $31 at the store. The dealer and typical garage would have charged around $50 for parts and another $70 for labor. The job took me approximately 10-15 minutes. This roughly translated to a “net gain” of $90 for 15 minutes of my time. That brings things to an untaxed hourly rate of $360. Not bad!

The headlights of the car look like this:

Subaru Impreza 2006 headlights
The high beam is medial to the low beam

The low and high beams are divided into separate housing compartments with a washer seal to keep moisture out. Access to the passenger side lights is easier than the driver’s side because the battery is situated adjacent to the lights on the driver’s side. I was fortunately able to replace the driver’s side bulb without removing the battery.

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For the passenger side, you will have to remove the air filter exhaust to gain access to the lights. There is a hex bolt that holds the housing in place:

Subaru Impreza Air Exhaust bolt
Size 10 hex bolt

On the driver’s side, there is a plastic fastener that holds the windshield washer fluid reservoir tube in place:

Subaru Impreza Windshield fluid fastener
Use a Phillips head screwdriver to unscrew and then a flat head screw driver to remove the plastic

The plastic screw with fastener can be removed by unscrewing the screw and then prying the fastener up with a offset spatula or a flat screwdriver. Be careful to pry gently to prevent snapping any of the plastic thread on the fastener.

The low beam housing assembly is then directly behind the bulb:

Subaru Impreza headlight assembly
Subaru Impreza headlight assembly

It can be removed by turning the cover counterclockwise:

Subaru Impreza headlight bulb assembly
Turn counterclockwise to unscrew

Underneath there is a bulb connector that also needs to be unscrewed counterclockwise:

Subaru Impreza 2006 headlight bulb connector
turn counterclockwise to loosen

The bulb itself is then held in place by a spring mechanism. This the the trickiest part of the disassembly because you don’t have a clear view of the spring, especially on the driver’s side. The spring is removed by squeezing the prongs together and unthreading it from the retaining ridge:

Subaru Impreza 2006 headlight spring thread
Subaru Impreza 2006 headlight spring thread

After you remove the spring, you will have clear access to the low beam bulb. The bulb is a 12V – 55W unit. The Subaru Impreza 2006-2007 low beam bulb is a sized H7 bulb.

AutoZone only had the Sylvania brand.

The disassembly process is identical for both headlights, although there is much less room to work with on the driver’s side due to the battery. Make sure that you wear gloves while removing and replacing the bulb. These bulbs run hot, and can be asymmetrically heated if there is oil or grease from your hands or grime from the engine. Oil and grease will shorten the life of the bulb.

Reassembly involves reversing the aforementioned steps. Take your time and make sure that the housing cover is screwed on appropriately and tightly. You do not want moisture getting into the electrical wiring.

Again, this is a relatively straightforward process and is low risk. If you wish to upgrade your headlights, you can even install an HID conversion kit (Xenon) to upgrade the quality of lighting. You can find plenty of videos online discussing this option.

If you have any questions, sound out below!

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Doctors must achieve a baseline level of financial competency

As doctors, we don’t need to be financial gurus (a la Bill Bernstein), but we must establish a baseline level of financial competency.

This doesn’t even mean that you have to like finance, numbers, or even money. Our medical licensure mandates a certain number CME credits to stay current; the same is true for our financial knowledge. It really doesn’t take much time either. You also don’t need to know everything in detail, just the basics and enough to make educated decisions, hold a conversation with your tax advisor, or money manager.

Start slowly. Sign up for our monthly newsletter. Pick up a book. Read two hours a month. Increase as needed. It’s not a race, but the more time you spend on the subject, the better off you will be. Trust us.

 

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That fancy TV will cost you way more than you realize

Fancy TV costs more than you think

Thinking about getting a new 78” 4K Curved TV? Our favorite online retailer has it “on sale” for $5997.99 with free shipping! As a high income doctor, you can afford it right? You probably could, but you’re really paying much more than you realize.

Imagine that you are a neurosurgeon in California who works 80 hours a week making $700,000 a year. Surely you can afford this fancy entertainment gadget, right? Suppose you are a real baller and pay $6000 for the TV, $500 for a wall mount, and another $500 for the handyman to install and mount the TV to your living room wall. After all, you’re a brain surgeon.

So for $7000 out the door, you have a nice shiny new TV that you hardly have time to use. (For simplicity, we won’t include the recurring costs for satellite or cable of at least $100 a month.)

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As a high-income married earner, you immediately put yourself in the 39.7% federal marginal tax bracket (for 2014). You are also in the 11.3% marginal state income bracket in California (on top of the $54,054 fixed tax: see: https://www.ftb.ca.gov/forms/2014_California_Tax_Rates_and_Exemptions.shtml).

You will have to earn roughly $14,285.71 using marginal tax dollars in California to pay for that $7000 TV! If you run your own practice with a 50% overhead, you’d have to earn twice that!

While we can look into the cost in more detail and account for the exact numbers, the conclusion is that we need to be aware of the real cost of the ancillary amenities we buy—it is much higher than the price tag we see and possibly eats into our savings more than we realize.

Enrich your life outside your career

do you limit yourselfI am guilty of this myself. Doctors are notorious for keeping a narrow mind within medicine. We think that being great at medicine helps compensate for other shortcomings.

News flash: it doesn’t.

We need to spend time outside of our career to keep a well-balanced lifestyle. It really doesn’t matter what you do, whether you cook, exercise, wash your car, read, or all of the above. I will intersperse my entries on occasion with tutorials on routine “blue collar” work that will help you get ahead.I know too many medical residents or students who are “too busy” to clean their apartments or cook their meals. Read Ben Brown’s analysis of a doctor’s value.  Unless you’re financially independent several times over think twice if you’re too good to wash your dishes.

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Spend less than you make

Spend less than you make

This applies whether you make $30,000 a year or $300,000. For doctors and other “professionals” who command a 6-figure salary, there is always an apparent public expectation that you can afford and should have a fancy house, car, boat, or airplane. That is unfortunate.

There are many trade specialties such as plumbing, carpentry, handiwork, and electric wiring that also command similar income yet we don’t expect a carpenter to drive a BMW or own a million dollar home.
This public image of the profession is detrimental to our financial health. While we can gradually adjust up our lifestyle (to a certain extent) with a higher income, it requires active control to translate a high income to a high net worth. I recommend reviewing The Millionaire Next Door. It is slightly outdated, but the portrayal of wealth was surprising to me.
More concepts to follow!
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