Financial Matters Part 1 – Repaying Loans
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A comprehensive understanding of the repayment process for paying back student loans is essential in building a solid financial foundation early on. It’s important to remember that student loans are real loans, just like mortgages on your house or a loan for your car. You must repay student loans even if financial circumstances become difficult or you’re facing unexpected hardships. Unfortunat …
A comprehensive understanding of the repayment process for paying back student loans is essential in building a solid financial foundation early on. It’s important to remember that student loans are real loans, just like mortgages on your house or a loan for your car. You must repay student loans even if financial circumstances become difficult or you’re facing unexpected hardships. Unfortunat … Continue reading "Financial Matters Part 1 – Repaying Loans"
Many physician employment contracts contain non-compete clauses, also known as “restrictive covenants.” From a physician's perspective, the legal language of restrictive covenants and may be difficult to understand and are somewhat intimidating. These clauses are fraught with significant long-term implications for our careers. While it is critical to consult with an attorney in reviewing you … 
Two factors in retrospect that I wish I would've had greater insight into both revolve around financial planning. It's difficult to know upon entering residency, and then transitioning into practice, how some very basic decisions will impact your financial well-being 10, 20, 30, and 40 years down the road as one looks to retire.
First, with respect to financial planning related to the practice, I … 