MD Articles
With a focus on personal finance for physicians, our articles offer unique insights about topics that matter to you.
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Read articleWhy TFSAs are a good option for incorporated physicians
Incorporated physicians typically invest in their corporate accounts, but they can come out ahead using TFSAs. Learn how.
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Read articleShould you contribute to a spousal RRSP?
A spousal RRSP can be an important part of a couple’s retirement plan and even offers some pre-retirement benefits.
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Read article6 mistakes to avoid with your RRSP
Get the most out of your RRSP by avoiding these common mistakes.
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Read articleDebt and more debt: What’s a resident to pay off first?
If you have student loans, credit cards and a line of credit, which one should you pay off first?
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Read articleOpening your first RRSP or TFSA?
Basic information about registered retirement savings plans (RRSPs) and tax-free savings accounts (TFSAs) for first-time investors.
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Read articleHow does incorporating help with taxes?
The tax deferral advantage of incorporating is explained in detail.
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Read articleWhat are the three types of insurance for homeowners?
Understand the difference between homeowner insurance, mortgage loan insurance and creditor insurance.
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Read articleShould you reorganize your debt?
For doctors, using a line of credit to pay off other debt can be a good idea, but be aware that it’s not true across the board.
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Read articleGetting serious? 5 money questions to discuss with your new life partner
How to talk about money with your partner
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Read articleManaging how much tax comes off your residency paycheque
What medical residents need to know about TD1 forms
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Read articleThe dos and don’ts of financial planning for locums
Financial advice for locum tenens: tax planning, incorporation, insurance.
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Read articleThree key findings about Canadian physicians and financial literacy
Most practicing medical doctors in Canada don't feel well-educated about personal finance, and many of them report feeling "stressed" about making financial decisions regarding their priorities.
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Read articleThree key findings about financial literacy and Canadian doctors-in-training
A new study by MD Financial Management attempts to uncover the roots of residents' financial concerns.
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Read articleTop 7 things that physicians need to know about RRSPs
Get the basics on RRSP contribution deadline, RRSP contribution amount, and understand the tax savings.
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Read articleTips from colleagues for physicians who have to work over the holidays
Wellness tips if you are a physician who has to work over the holidays.
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Read articleBlack Friday is coming, but don’t lose your head
How to keep your spending in check through Black Friday and the holiday season
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Read articleBefore you incorporate: Five terms you need to know
If you’re thinking ahead to your medical practice and whether to incorporate, you may realize that you need to learn a whole new vocabulary in order to follow the ins and outs!
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Read articleHow to budget with the burrito exchange rate
Often the thing that prevents you from developing a budget is the very first step: looking at your overall spending.
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Read articleMedical residents: The ABCs of filing a tax return
Easy steps to filing your tax return for medical residents.
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Read articleMedical residents: 3 questions you may have about filing your tax return
Tax tips you might not know about when filing your tax return.
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