Training to become a physician can be intense! I find myself thinking this quite often, but I can’t truly understand or relate because I don’t have any first hand experience. Fortunately, I found someone gracious…
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How to stay fit as a Young Physician – Interview with Dr. Ryan Stanton
Earlier this week, we sat down with Dr. Ryan Stanton to talk about the relationship between health & finances, and especially how it affects young residents and physicians. Below, he also gives some tips on…
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10 Essential Money Moves for the Resident Physician
1 – Communicate With Your Spouse! To this day, my wife still gives me a hard time about our first date… we went for ice cream and were getting to know each other. About 3…
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So You’re Moving to a New State…
Everyone knows Uncle Sam – he takes his slice of your pie before you ever even see it. But what about the lesser known local and state income tax bites? Did you know, in some…
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New Student Loan Refinance Option For Medical Residents
Great news! There is hope for residents and fellows feeling the brunt of high interest rate student loans. Until recently, it was challenging and often impossible to refinance student loans to lower rates as a…
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Should I Rent or Buy My Home in Residency?
Many in the medical community believe residents and fellows should buy their homes – purchasing in the transition period between medical school and residency. This group often has the opportunity to take advantage of “physician…
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Disability Insurance Basics for Residents
We use insurance to protect many things in our lives – from jewelry to cars to homes – but many of us don’t think about protecting our most important financial asset: our ability to earn…
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15 Tips for Surviving on a Medical Resident’s Salary
Are you serious about living within your means and maximizing your resident salary? Here are 15 tips to get you moving in the right direction! 1) Determine what you’re working with In our area, the…
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3 Methods of Eliminating Student Loan Debt
Student loans are downright scary for many people. According to the AAMC the median student debt load for a 2014 medical school graduate is 180K. Throw an interest rate of 6%+ on top and you…
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