Physician Cents

You've finished your training and you're about to start an attending position. Congratulations! What should you do with your newfound cash? Should you pay off your debt? Should you build an emergency fund? Should you go on a vacation?  Here's an interesting thought— Why not all three?  We advise our clients to do all of these things because they're  all  important. Yet it can seem incredibly diffi...

What is a real estate syndication? A syndication is a way for multiple parties to pool their funds to purchase an asset. It's a way to legally aggregate a variety of sources of capital. There's been a significant rise in real estate syndications in the last few years. Investing in real estate has become popular—and for good reason. Real estate is full of great opportunities that can be rewarding....

What is a Roth IRA? What are two major issues resident physicians need to be mindful of when contributing to a Roth IRA? Is there a better savings and investment option? If you're able to start saving on top of paying off student loans and living on a resident's salary, this is a topic you need to learn more about. That's why we tackle these questions in this episode of Physician Cents. You will w...

How much should you have in your emergency fund? Do you need to get disability insurance? These are two questions that can be hard to wrap your head around when you're learning to live on a resident's salary. We dive into why each is important and how to navigate allocating money to each in this episode of Physician Cents. You will want to hear this episode if you are interested in... How much sho...

What are the pros and cons of the newest income-driven repayment plan: Saving on a Valuable Education (SAVE)? What should you look out for? Who shouldn't apply for a SAVE plan? These are just a few of the questions we tackle in this episode of Physician Cents. As you're wrapping up school and launching your career, you need to be mindful of your financial future. Don't let these issues catch you b...

Welcome to the first episode of Physician Cents! We've designed our podcast specifically for physicians to simplify complex finances and help you navigate your financial journey alongside your medical journey.  Our first episodes will cover a lot of the conversations you typically have once you've been matched with your residency. In this episode, we're going to tackle budgeting, and the steps you...