For the super savers, as you have managed to get your 4% employer match, max out your 18k annual contribution limit to 401k/403b, AND max out your 5.5k ROTH IRA. Here are some more steps you can take to build your
Net worth building steps in residency
As residents/ fellows, most of us student loans, personal loans, credit card debt, car payment, mortgage payments, our residency paychecks, potentially moonlighting/ side job income, and a future promising 4-6x of our current income. Since training is a significant chunk
Numbers speak louder than desires…
We recently faced the dilemma of whether to purchase another home so that my parents can live in one of them and we another. We COULD afford a 2nd home mortgage/expenses, but I suspected it was NOT a numerically sound choice. Since
Growing net worth on high debt/income ratio: Principles
As promised from the last post, Take a financial snapshot (debt & asset denoted as D & A) of where you are NOW D: Student loan balance and interest rate D: Private loan balance and interest rate D: Personal loan balance and interest rate D: Consumer debt (credit card) balance and interest rate
*PGY 1-12: let’s positively grow our net worth NOW.
Some of the most amazing doctors I look up to have chosen to dedicate 8-12 years as doctors in training, after graduating from medical school. It truly is remarkable and inspiring to see someone on his/her way to complete the 32nd