Students are often forced to make some of the most significant financial choices of their lives without fully understanding the long-term impacts of these decisions.
You did not pursue a career in medicine for the money and may find it alarming that many doctors 10 years ahead of you feel underpaid and stressed about their finances.
In fact, 24% of doctors in their 60’s are not yet millionaires despite decades with a six-figure income. That doesn’t need to be you.
Dr. Jim Dahle, Emergency Physician, best-selling author, and Founder of The White Coat Investor, will help you navigate the major decisions you will face during school and residency training.
This book will teach you how to:
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Understand all of the options for paying for medical or dental school
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Minimize, manage, and pay off your student loan debt 2-5 years after training
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Make an informed specialty decision and ensure you match
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Understand the advantages of traditional and non-traditional students
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Prevent and combat burnout
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Choose whether to rent or buy during residency
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Begin investing so your money can work as hard as you do
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Secure the right insurance to protect yourself and your family
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Achieve the financial success you envisioned when you were accepted to school
You can pay off your debts rapidly after school AND enjoy the financial success of all your hard work and training.
Medical and dental school are filled with enough pressure. Use this guide to remove the financial worries so you can move forward into your career with the confidence you need.
Praise for Guide for Students
I wish I had this information when I was a student. This book should be required reading as part of the dental and medical school curriculum. –Alexandra E. Forest, DDS, MD
An invaluable resource for pre-med students, medical students, and those in residency. –Rick Ferri, CFA
Succinct summary of financial gems! –Col. Gregory Morgan, Ret. USAF, CPA
This book provides solid financial advice for anyone in medical school or anyone considering medical school. More importantly, it provides a foundational framework for making sound and prudent financial decisions throughout one’s life. It is worth its weight in gold. –Ryan Kelly, CFP
Packed full of straightforward practical recommendations and is a must-read for medical students! –Mitchell D. Belkin, Medical Student
This should be the required textbook for a Financial Literacy 101 course in every medical and dental school curriculum. This book will teach you how to become financially independent by making smart moves with your money as a student, a resident, and as a practicing doctor or dentist.–Angela Chiara, Dental Student
The one book to read the summer before starting medical school. –Jake Babel, Medical Student
How I wish I had this amazing book when I started school. I would be in a very different place now financially. –Jonathan Polak, MD
Great advice from an author that is easy to understand and relatable. Imagine “First Aid for the USMLE” but for your financial freedom. A very important read for health professions in the midst of medical training. –Austin C. Snyder, Medical Student
The breadth of financial topics covered in concise, easy-to-read chapters makes this book a “go-to” for students and residents who want to understand the basics of personal finance quickly and learn how to practically apply economic concepts to every step of their medical journey. –Chelsea G. Swanson, JD