Four Top Options Physicians Can Consider For Childcare (And What They Cost)
COVID-19 has wreaked havoc on nearly every aspect of physicians’ lives—jobs, relationships, personal fulfillment—and now, childcare. Procuring quality, affordable childcare has only become more challenging for families throughout the pandemic. In fact, the annual Care.com Cost of Care Survey unearthed that 85% of parents reported spending 10% or more of their household income on childcare […]
Why Knowing The Value Of Your Time May Change The Way You Approach Money
What’s a physician’s most valuable asset? There’s a lot to choose from (education, job impact, salary, etc.), but many would agree that their most valuable asset is time—the time they have to build a fulfilling career, nurture relationships, engage in hobbies, and more. Your time is valuable—but do you know how much? And how can […]
The Ins and Outs of Cash Flow Planning for New To Practice Doctors
No matter where you are in your career, cash flow planning can be an overwhelming process—especially if you’re trying to take it on alone. New doctors will quickly figure out that cash flow planning is much more than budgeting. It incorporates everything from your taxes, household expenses, insurance, debt, and your short and long-term goals. […]
What Does A Physician’s Budget Look Like?
Do high earners need a budget? The short answer—yes. The need for a budget doesn’t hinge on your pay stub. Instead, it’s about taking control of your finances and making every dollar work for you. Here are our tips for physicians to build a budget that works. Stop Budgeting and Start Cash-Flow Planning An effective […]
3 Ways Doctors Can Better Manage Their Debt
No matter which way you spin it—most physicians graduate with a significant amount of debt. Creating a plan to repay that debt should bring added freedom and flexibility to your life. The road to debt repayment may be a long one, but it doesn’t have to be out of reach. From consolidation suggestions to loan […]
5 Keys That Can Make or Break Your Money As A New Doctor
New doctors have a lot on their plates, from landing a killer first job to building a new routine to starting to repay the mountain of student debt on their shoulders. The first few years after residency or fellowship can set the tone for your financial future, and we want to help you make the […]
