1/
Since July 1st is rapidly approaching & there are going to be a lot of interns receiving a real paycheck after a long time
Time to talk about finances
1st mistake I made was buying a new car based upon what I thought I made.
BIG MISTAKE
#MedTwitter #MedStudentTwitter
Since July 1st is rapidly approaching & there are going to be a lot of interns receiving a real paycheck after a long time
Time to talk about finances
1st mistake I made was buying a new car based upon what I thought I made.
BIG MISTAKE
#MedTwitter #MedStudentTwitter
2/
So my first piece of advice
Buy a car (if you need it) after you’ve been at your hospital for a little bit.
You may not need a new car
#MedTwitter #MedStudentTwitter
So my first piece of advice
Buy a car (if you need it) after you’ve been at your hospital for a little bit.
You may not need a new car
#MedTwitter #MedStudentTwitter
3/
If you are going to be in the same location for 2-3 years, consider getting a roommate or living at a extended stay hotel if you are in a high cost of living area
Don’t be like me, I paid $1750/mo for a condo I barely saw
#MedTwitter #MedStudentTwitter
If you are going to be in the same location for 2-3 years, consider getting a roommate or living at a extended stay hotel if you are in a high cost of living area
Don’t be like me, I paid $1750/mo for a condo I barely saw
#MedTwitter #MedStudentTwitter
4/
Outsource everything not important & has to be done by you.
That includes housekeeping, which is why I said stay at the extended stay hotel
You’ll thank me later
#MedTwitter #MedStudentTwitter
Outsource everything not important & has to be done by you.
That includes housekeeping, which is why I said stay at the extended stay hotel
You’ll thank me later
#MedTwitter #MedStudentTwitter
5/
Buckle down & live on 80% of your salary.
Save the other 20%, create an emergency fund & invest the rest
You’ll thank me later
#MedTwitter #MedStudentTwitter
Buckle down & live on 80% of your salary.
Save the other 20%, create an emergency fund & invest the rest
You’ll thank me later
#MedTwitter #MedStudentTwitter
6/
Start learning the business side of medicine.
FOR THE LOVE OF GOD DONT SIGNUP FOR ANYTHING NORTHWESTERN MUTUAL OFFERS
#MedTwitter #MedStudentTwitter
Start learning the business side of medicine.
FOR THE LOVE OF GOD DONT SIGNUP FOR ANYTHING NORTHWESTERN MUTUAL OFFERS
#MedTwitter #MedStudentTwitter
7/
Start following financial advisors like @olsonplanner @emilesmattingly @TR401 who care about YOU as a Human
Read physician personal finance blogs like @WCInvestor @passiveincomemd or check out mine @FiSurgi
That’s all for now
#MedTwitter #MedStudentTwitter
Start following financial advisors like @olsonplanner @emilesmattingly @TR401 who care about YOU as a Human
Read physician personal finance blogs like @WCInvestor @passiveincomemd or check out mine @FiSurgi
That’s all for now
#MedTwitter #MedStudentTwitter
8/
forgot 1 thing
Don’t go into the poor house trying to pay your student loans off in 3 years
You worked hard getting to where you are. It’s ok to live.
Your mental & physical health will suffer if the stress of paying those loans are too much
#MedTwitter #MedStudentTwitter
forgot 1 thing
Don’t go into the poor house trying to pay your student loans off in 3 years
You worked hard getting to where you are. It’s ok to live.
Your mental & physical health will suffer if the stress of paying those loans are too much
#MedTwitter #MedStudentTwitter