Financial Literacy for Physicians

Unlocking Financial Wellness: Strategic Financial Literacy Advice for Physicians

In the demanding world of medicine, where every day presents new challenges and sacrifices, financial wellness often feels like an elusive dream. Yet, for physicians who have dedicated their lives to healing others, mastering financial literacy is not just important, it is essential. With the 2024 Medscape Physician Compensation Report ... Read more

Dr. Josh Lumbley

Updated March 26, 2025 by Dr. Josh Lumbley

Ensuring a Healthy Financial Future: You Have Options

Maintaining a healthy diet. Keeping up with routine medical appointments. Getting a good night’s sleep. Science repeatedly demonstrates that these fundamental practices can ward off disease and increase longevity. As a medical student, you’re no ... Read more

Susan Doktor

Updated August 8, 2022 by Susan Doktor

Money Matters: Building Wealth While Fostering Health

Popular culture promotes—and most people accept—the notion that physicians make a lot of money. When it comes to national average salaries, data supports that conclusion, as well. But not all of us are average: medical professionals ... Read more

Susan Doktor

Updated August 8, 2022 by Susan Doktor

How-and Why-to Start Estate Planning Now

The COVID-19 pandemic has highlighted end-of-life issues for all of us. One psychologist puts it this way: “[T]he reality of our mortality has pierced the consciousness of our society.”  This reality has always been particularly ... Read more

Christian H. Brill

Updated June 22, 2022 by Christian H. Brill

Financial Management as a New Doctor: Where to Start

Congratulations to all the new doctors! You are all going to save a lot of lives! You may earn fame and money throughout a successful career in medicine but prioritizing financial management from the beginning ... Read more

Patricia Sanders

Updated August 18, 2022 by Patricia Sanders

Financial Health

Let’s Talk About Your Financial Health

As a medical student or medical-student-to-be, I’m guessing you were one of the best readers in your elementary school class. You probably still read constantly—albeit mostly on technical topics nowadays. But despite how much reading ... Read more

Susan Doktor

Updated June 22, 2022 by Susan Doktor

Short Coat Podcast: Money and Medical School Applications

Updated November 13, 2021. The article was updated to correct minor grammatical errors and to update technical details. Money should never be the most important factor While Dave and the crew try a recipe from ... Read more

The Short Coat Podcast

Updated June 24, 2022 by The Short Coat Podcast

Just Sign on the Dotted Line

 Updated September 19, 2021. The article was updated to correct minor grammatical errors and for formatting. The provisions of the contracts couldn’t look any better: $ 300,000 annual salary guarantee sustained by hospital/practice forgiven over ... Read more

Lee Burnett

Updated June 27, 2022 by Lee Burnett