Benjamin Meyer has put together a financial survival guide for his fellow interns about consolidating student loans, RePaye options, retirement savings and more! If you only have time to read one post as an intern, make it this one.
Interviewing for residency comes at a time when your income, net worth and credit are at all time lows. You can match at your first choice without breaking the bank.
There are a lot of great things about practicing medicine in the military, and I'm not just talking about the fact that you can order your patients to take their medications.
One of the lessons frequently taught to me growing up was that I was free to choose anything I like, but that I wasn't free to choose the consequences of my choices. Those were attached to the choices, like two ends of a stick.
Teaching residents about personal finance and investing is intimidating at first. Until the Q&A starts, when you realize, "I've got this."
A recently published academic paper confirms that the average resident is a financial idiot. Rock bottom. Nowhere to go but up! Kudos to those working on this problem.
Graduating residents need to pay off their loans efficiently, use a 15 year mortgage, and max out their retirement accounts. If you have any dreams of a nice retirement, paying for your kids’ college tuition, or traveling around the world at your hearts’ content, then heed this advice.
Jason Mizell, MD and Sarah Catherine Gutierrez, CFP, write about their experience with an MS4 Business of Medicine and Personal Finance class. Turns out the students love it, just as I would expect.
Residents can save for retirement. In fact, it is best to start that habit with your first paycheck. Roth IRAs are ideal places for a resident's retirement savings.
Mountaineers start their big days long before dawn. Smart docs start their financial lives long before attendinghood and learn key financial lessons early.
Residents and students often get started on the wrong path financially. Providing high quality information to them early in their careers can make a dramatic difference.
Graduates of USUHS often have no student loans, but do owe 7 years to the military. Is it worth it? Read and find out.
What happens if you live like a resident for more than 5 years? Well, you get really rich, really quickly like this couple.