Tips for Repaying Student Loan Debt as an APP
Navigating student loan debt can be daunting for recent graduates, especially for Physician Assistants and Nurse Practitioners with average debts ranging from $100,000 to $150,000. Despite earning an average base salary of $120,000, understanding repayment options is crucial. By following strategies like the Financial Vitals Checklist, graduates can manage their debt responsibly while building a long-term financial plan for success.
What is the Financial Break-even Point Between an MD and a PA? Part 3: Mid-Career & The Path to Retirement
Follow John and Jane’s financial journey from college to early retirement as they navigate careers in medicine, strategically save, and ultimately achieve multimillionaire status. Through debt payoff, career advancements, and savvy investing, they demonstrate the power of income, savings rate, and starting early on the path to financial independence.
‘Tis The Season: Holiday Scheduling in the Urgent Care
Holiday scheduling in healthcare involves balancing patient care needs with staff preferences. Traditional methods include ranking preferences and requiring a set number of holiday shifts. Alternatives such as rotational shifts and accrued time off offer different approaches to ensure fairness and accommodate staff needs.
What is the Financial Break-even Point Between an MD and a PA? Part 1
Explore the fascinating financial journey of twins John and Jane Doe as they navigate the intricacies of medical careers. From divergent paths as a Physician Assistant (PA) and a physician to the challenges of rising student loan debt, their story offers valuable insights into the evolving landscape of healthcare professions and the pursuit of financial stability. Discover how strategic decisions and meticulous planning shape their professional trajectories in this captivating narrative.
Exploring Lucrative Side Hustles for Physician Assistants
Unleash your entrepreneurial spirit! Discover a myriad of side hustles beyond the traditional medical career path, from telemedicine consultations to real estate investing. Whether you’re seeking financial freedom or a creative outlet, these ventures offer flexible earning opportunities to ignite your passion and take control of your future.
The Corporate Practice of Medicine Takeover
In the battle between healthcare and corporate interests, the corporate practice of medicine (CPOM) is reshaping the landscape of patient care. This eye-opening article exposes how private equity firms are influencing medical practice, raising critical questions about the future of physician autonomy and patient well-being. Join us as we delve into the impact of CPOM and explore strategies for reclaiming control in the face of corporate dominance.
Why Is Disability Insurance Important for Medical Professionals?
Disability insurance is the cornerstone of financial security for new medical professionals, safeguarding your ability to earn and sustain your future. This article underscores why it’s essential to obtain coverage early in your career, sharing real-life stories of how unexpected disabilities impacted two healthcare providers and emphasizing the crucial details of different insurance policies. Discover how to protect your greatest asset—your ability to work and earn—before it’s too late.
As A Doctor, Why Did I Buy My First New Car At 48 Years Old?
Are you torn between your love for cars and your commitment to financial wisdom? Dr. Slater, an ER doctor and lifelong car enthusiast, navigates this very dilemma in “Car Guy vs Personal Finance Guy.” He shares his personal car journey, balancing the allure of high-performance vehicles with the financial realities of car ownership, offering insightful advice for medical professionals and car lovers alike.
Car Guy vs Personal Finance Guy.
I’ve always considered myself a car guy. I think that bright-colored, curvaceous sports cars are works of art. I had Lamborghini Countach & Porsche 911 posters on my wall growing up. I would look at car books in the library and read car magazines in the bookstore.
Why Teach Medical Professionals About Personal Finance?
Dr. Slater outlines the pathway to financial independence (FI) for medical…
