Tag: Personal Finance
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Spaving Hacks: Save Money Wisely as a Healthcare Professional
When was the last time you bought something that seemed like a good deal because it was “Buy 1, Get 1 Free?” In our world of healthcare, where time is a luxury and finances can often be stretched thin, a new term has emerged in personal finance: spaving. Short for “spending to save,” spaving encapsulates…
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How to Create a Budget During Medical Training
I started setting up a financial budget since I was in college. Having a limited income through some grants, a part-time job at my college health center and some student loans made it necessary for me to have a budget. As I transitioned into medical school, I continued that mindset of knowing I still have…
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HSA Benefits for Doctors: Tax Savings and Investment Growth
I did not have any access to employer-based retirement accounts until I was a Fellow Physician. I knew nothing about these very foreign concepts until I decided to look into more closely. As I’ve learned, one of the best financial tools out there for increasing wealth is the Health Savings Account (HSA). HSAs provide a…
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Why I Pay My Credit Card Bills In Full Weekly
I always had a funny relationship with credit cards as a medical student. I didn’t like the idea of debt but it was also a necessary tool given the limited income I had at the time. The stress and demands left little room for personal financial management. One strategy I’ve found particularly effective is paying…
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FICO Credit Score Fundamentals: Healthcare Pro Edition
I didn’t know what my credit score was until I stumbled upon it in while paying for a credit card bill online a few years ago. In the hustle and bustle of our demanding schedules in healthcare, it is easy not to give the credit score much thought. However, understanding our FICO credit score is…
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Unlock Savings: Why Online Shopping Portals Can Empower You
As a practicing physician, my days are often long and unpredictable. Between patient care, charting, and the constant demands of the job, I know how precious time is. Over the years, I’ve learned that the right tools can make all the difference—especially when it comes to shopping. Online shopping portals have been a game changer…
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Smart Money Moves: Advice For Med Students
Here are some practical advice for med students from a physician: study smarter, stay motivated, and thrive through medical school challenges.
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Key to Financial Growth: Embrace High Yield Savings Accounts (HYSA)
I know how demanding a career in healthcare can be with its long hours, constant challenges, and little time to think about your own needs. That’s why I’m passionate about sharing ways to build financial security. One tool I’ve found invaluable is a high-yield savings account (HYSA). It’s an easy, low-risk way to grow your…
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Unlock the Secret to Thriving: Why This Millennial Physician Swears by YOLO Travel
I get it – being a healthcare professional feels like living in a constant whirlwind. I’ve been there, postponing trips with the excuse of “later” while juggling endless shifts and responsibilities. But the truth hit me hard: later isn’t guaranteed. Burnout is real, and we need moments to remind ourselves why life is worth living…
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Why Healthcare Pros Need the Benefits of a Financial Advisor
Discover the benefits of a financial advisor for healthcare workers so you can save money, reduce stress, and build a secure financial future.
