What's Your White Coat Net Worth?

What's Your White Coat Net Worth?

I track my net worth and shares it openly with FPMD readers every 3 months. Honestly it can be a bit embarrassing. Here I am a grown man in his early thirties, yet my net worth has been stuck solidly in the red for as long as I can remember. The reality is we medical trainees are faced with a very unique set of financial challenges that make the early accumulation of wealth very unlikely. Today I want to remind you to check your "White Coat Net Worth".

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Future Proof Shares - 12/12/17

Future Proof Shares - 12/12/17

We live in an amazing world of constant information, sometimes it can get overwhelming.  "Future Proof Shares" is a weekly series with the goal of selecting 5 interesting pieces of media on money and medicine from around the Interwebs.  They may be old or new but will always be new to me.  This series is inspired by "The Sunday Best" by my fellow physician money blogger Physician on FIRE (PoF).  Enjoy! 

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Splash Financial - Making a Splash in Medical School Debt

Splash Financial - Making a Splash in Medical School Debt

It's been some time since I last wrote about student loan refinancing. One reason is there hasn't been a lot of changes in student loan management strategies. The threats to PSLF by the Trump administration has yet to materialize so I continue to recommend to all medical graduates to strongly consider PSLF to help repay their student debt. Another reason is there hasn't been a lot of changes to the student loan refinancing industry. Many of the names are entrenched - SoFi, CommonBond, Earnest etc. and only one (Laurel Road) specifically targeted medical student loans. Today I want to introduce a newcomer to the medical student loan refi industry - Splash Financial.

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GUEST POST: Student Loan Repayment Assistance Beats Sign-on Bonuses

GUEST POST: Student Loan Repayment Assistance Beats Sign-on Bonuses

For major healthcare organizations, sign-on bonuses have long been a recruiting tool for enticing the best and the brightest doctors, nurses, and specialists. A lump sum paid directly to the new hire shortly after on-boarding is a smart way to show how invested an employer is in the new employee and his or her success on the job.  According to the Medicus physician recruiting firm, nearly 90% of physicians hired through the firm received a signing bonus last year, up from 68% in 2015.  On average, a sign-on bonus for a new physician is $24,802. However, employers may benefit in attracting top talent through student loan repayment assistance programs rather than sign-on bonuses in the near future.

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A Time to be Thankful

A Time to be Thankful

Happy Thanksgiving everyone! Just want to let you know there will be no official FPMD posting this weekend. I hope you are enjoying some much needed rest and relaxation with family and friends this weekend. As you stuff yourselves with great food and fill your holiday shopping carts, I encourage you to reflect on 3 things you are thankful for. Here are 3 things I'm thankful for:

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Happy Thanksgiving with FPMD Curated Black Friday Gadget Deals!

Happy Thanksgiving with FPMD Curated Black Friday Gadget Deals!

Happy Thanksgiving everyone! Hope you are all enjoying some much needed relaxation time with family and friends and not on call at the hospital. Besides stuffing yourself with good food until you're ready to burst, Thanksgiving also has the distinction of preceding Black Friday when you can find some of the best bargains no matter what you're looking for. But I'm a gadget junkie, so here is a list of selected gadgets at bargain prices worth considering.

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