Pay Yourself First: A Financial Guide for Doctors Entering Practice

Pay Yourself First: A Financial Guide for Doctors Entering Practice
ISBN-10
1541109376
ISBN-13
9781541109377
Pages
102
Language
English
Published
2016-12-12
Publisher
Createspace Independent Publishing Platform
Authors
David A. Burd, James Hemphill

Description

Young doctors starting practice today face a unique set of challenges. The typical physician has $185,000 of student loans. The relative priority given to debt paydown, lifestyle upgrades, and saving/investing will have a determinative effect on the financial arc of your future. The transition from residency or fellowship to full-time practice as an attending physician is the only time new doctors can substantially upgrade lifestyle, while also establishing powerful savings habits, placing themselves on the fast track toward financial independence. This book provides a basic course in practical financial literacy in less than 100 pages. It demonstrates why optimal financial sequencing of savings and debt paydown is so important. Getting a fast start toward walkaway wealth requires the right attitude, information, and strategy. This book is the best place to start.

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