Overcoming 5 common hurdles that keep residents from saving money
After investing so much time and money in medical school, you are no doubt finding residency to be a life-changing start to your professional career. While your paycheque may not be large right...
Med school can be expensive. Creating a plan to help you minimize your debt can have a huge impact on your financial future. Here are a few ways to get started.
Residency: you’ve accomplished so much to get to this stage.
As you approach the end of your medical training, you’re probably thinking about all the things you need to do, including setting up...
Henry Annan, a final year medical student at Dalhousie University, talks with Leah Aulenbach, financial consultant with MD Management Ltd. about the common questions she gets from medical students abo
Medical school can be expensive for many students, so it’s wise to manage your expenses and cut costs where you can, including travelling costs.
Whether you are going to see family or friends,...
As you’re establishing your career, you may not have a lot of money to invest. You may also be facing a large student debt. The one advantage you have is time.
When you save and invest money, it...
MD Quick Clinic – Should I Invest or Pay Down My Debt?
As a physician just starting your career, should you use your money to invest or to pay down debt? It’s an important question. In this MD Quick Clinic, you will see how an MD Advisor will help you:
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Henry Annan, a final year medical student at Dalhousie University, talks with Leah Aulenbach, financial consultant with MD Management Ltd. about the importance of setting up a budget and the easy way
Financial advice helped this client recover from one financial mistake, and avoid another
Dr. E counts himself among the lucky ones. After overcoming a financial setback in his early 40s, he nearly made a colossal mistake a decade later that could still be affecting him.
Henry Annan, a final year medical student at Dalhousie University, talks with Leah Aulenbach, financial consultant with MD Management Ltd. about the impact of rising interest rates and when you need t
Student loans or lines of credit: what’s the difference?
Henry Annan, a final year medical student at Dalhousie University, talks with Leah Aulenbach, financial consultant with MD Management Ltd. about the differences between a student loan and a line of cr
A career in medicine means you’ll be joining the top 1% of income earners in the country. But what about before you get there? During your training and as you begin to practise, you could be accruing
To tackle your debt, start with a plan, get to know your net cash flow, follow this debt reduction plan: analyze your monthly cash flow, set your debt-reduction targets, create and monitor your plan.
Embarking on a career in medicine is both exciting and rewarding. It can also leave you with a high level of debt after graduation if you’re not careful with managing your expenses and borrowing...
Five Questions You Should Ask About Medical School Debt
Most medical students expect to incur debt by the end of their education. Depending on the amount of money owed, the debt can be a source of stress and may influence your career choices.
While you...
Pay Down Medical School Debt or Invest? Five Steps to Finding a Balance That Works for You
For a physician new in practice, like you, paying down debt versus investing is an important consideration when deciding whether to invest in a registered retirement savings plan (RRSP) or...
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