Tag: Savings Account
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7 Personal Finance Books Every Healthcare Professional Needs
Managing personal finances can be a daunting task, especially for us healthcare professionals who are often busy with our demanding schedules. From medical school debt to planning for retirement, the financial journey of a medical professional is unique and requires tailored advice. Fortunately, there are several excellent personal finance books that can help you navigate…
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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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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…