Veterinary Archives - Page 2 of 6

Income-driven repayment program refer. Doctor looking at computer

What Doctors Need To Know About Biden’s Income-Driven Repayment Plan

By Michael Jerkins, MD MEd / Budgeting & Financial Planning, Dental, Medical, Student Loans, Veterinary

The Education Department on January 10, 2023, shared the details of the Biden Administration’s proposed reforms to the income-driven repayment program (IDR). During the initial announcement in August 2022, these reforms were overshadowed by the president’s plan for a one-time, set-amount loan forgiveness, despite these changes to IDR being potentially more beneficial in the long …

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As a Doctor, Should I Refinance My Student Loans?

By Ned Palmer, MD MPH / Dental, Medical, Student Loans, Veterinary

Refinancing your medical, dental, or veterinary school loans could save you money on interest, but it’s not always your best option. Loan forgiveness programs only apply to federal loans. If you intend on working for a qualifying institution full-time for 10 years and you have qualifying loans, you should pursue Public Service Loan Forgiveness. If …

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Mortgages for doctors, Mortgage for doctors, Doctor loan, Doctor mortgage, Physician loan, Physician mortgage

Mortgage Basics For Doctors: What Is A Mortgage, How It Works & More

By Michael Jerkins, MD MEd / Dental, Medical, Mortgages, Veterinary

Are you considering buying your first home? Homeownership is an exciting part of life that can be representative of your hard work. Homeownership can increase your overall net worth, provide you with attractive tax shelters, and provide you with security and a greater sense of well-being. But, it also typically means taking on a large …

Mortgage Basics For Doctors: What Is A Mortgage, How It Works & More Read More »

Financial Tips For Doctors: Budgeting, Savings, Retirement & More

By Michael Jerkins, MD MEd / Budgeting & Financial Planning, Dental, Employment & Workforce Data, Medical, Personal Loans, Student Loans, Veterinary

Since our establishment, we have been dedicated to not only providing excellent products and services built for the needs of doctors, but also sharing financial, lifestyle and professional resources that can help you throughout your career. We’ve compiled all of our articles on common financial topics and questions into one easy-to-access resource. Managing your finances …

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A Guide To Understanding Veterinary Practice Loans

By Michael Jerkins, MD MEd / Practice Solutions, Veterinary

If you are a veterinarian considering buying an existing practice, expanding your current practice, or starting up a new practice, you may need financing to help you achieve your goals. Understanding the intricacies of financing options can be difficult, but we have some helpful information to make your financing journey a little easier. Veterinary practices …

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What The Fed Rate Hike Means For Loans, Credit Cards & Savings

By Tyler Stafford, CFA / Budgeting & Financial Planning, Dental, Medical, Personal Loans, Practice Solutions, Student Loans, Veterinary

Inflation is now at 7.1%, lower than the peak of 9.1% in June, but still higher than any point since the 1980s. Americans have been feeling the effects of this with more costly groceries, gas, rent and more. The Federal Reserve is aggressively raising rates in an attempt to slow spending, cool the economy and …

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This is a picture of a doctor walking through a hospital to represent job changes for doctors.

Considering A Job Change? Here’s What Doctors Should Know

By Ned Palmer, MD MPH / Budgeting & Financial Planning, Dental, Employment & Workforce Data, Medical, Veterinary

Deciding to leave one job for another can be a big life change. Whether making this decision because of advancement opportunities, desire for a new location, or dissatisfaction with your current role, consider these things before you make the leap. Are doctors changing jobs? From 2020 to 2022, 46% of physicians changed jobs, according to …

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How Has The Biden Presidency Affected My Student Loans?

By Michael Jerkins, MD MEd / Dental, Medical, Student Loans, Veterinary

Editor’s Note: This article was originally published in October 2020. We updated and revised the content December 2022 to provide the most current and accurate information. Student debt has doubled over the last ten years, ballooning up to $1.54 trillion, and becoming the second largest consumer debt type, placing it higher than both credit cards …

How Has The Biden Presidency Affected My Student Loans? Read More »

This is a photo of a person looking at bills and income statements. | Debt-to-income ratio

How Does Debt-To-Income Ratio Affect Doctors?

By Michael Jerkins, MD MEd / Budgeting & Financial Planning, Dental, Medical, Personal Loans, Veterinary

Medical, dental and veterinary professionals endure years of education and training to be well equipped to serve their patients. Despite the years of learning, doctors often graduate with little financial knowledge. This lack of knowledge can be detrimental to doctors’ long-term financial health. One financial concept that doctors will encounter often as they search for …

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This is an image of a retirement plan for doctors | Doctor retirement

How To Prepare For Retirement As A Physician, Dentist Or Veterinarian

By Michael Jerkins, MD MEd / Dental, Medical, Retirement, Veterinary

Because of the high income of physicians, dentists and veterinarians, many expect these professionals to easily build up substantial savings to enjoy in their golden years. High debt load, late start in earning, excessive spending and lack of knowledge can get in the way of that. Preparing for retirement should be a priority throughout your …

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Veterinary

What Doctors Need To Know About Biden’s Income-Driven Repayment Plan

As a Doctor, Should I Refinance My Student Loans?

Mortgage Basics For Doctors: What Is A Mortgage, How It Works & More

Financial Tips For Doctors: Budgeting, Savings, Retirement & More

A Guide To Understanding Veterinary Practice Loans

What The Fed Rate Hike Means For Loans, Credit Cards & Savings

Considering A Job Change? Here’s What Doctors Should Know

How Has The Biden Presidency Affected My Student Loans?

How Does Debt-To-Income Ratio Affect Doctors?

How To Prepare For Retirement As A Physician, Dentist Or Veterinarian

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