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 »
Periodontists face financial challenges from school to practice, but having an understanding of personal finances and ways to improve or invest in yourself can make all the difference. In this article, we share how these financial challenges may affect you as a periodontist, what you can expect in a salary, and what you should know …
Personal Finance 101 For Periodontists: Salary, Practice Ownership & More Read More »
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 …
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 …
How To Prepare For Retirement As A Physician, Dentist Or Veterinarian Read More »
You have finally completed your training and are now practicing as a physician, dentist or veterinarian. Congratulations! Your years of hard work in school and training are finally paying off — literally. Receiving a substantial paycheck after years of less income can be very exciting, but this significant jump in pay can come with challenges. …
Veterinarians have a unique financial lifecycle. With significant debt from veterinary school and the potential for low pay in residency, there are many factors that affect the financial health of veterinarians and veterinarians-in-training. Understanding what is ahead and finding solutions for any challenges will allow you to navigate the road ahead with confidence. We share …
A Veterinary Student’s Guide To Job Outlook, Residency & Finances Read More »
Contract lawyers can be helpful if you are becoming an employee or partner of a large group or system. They can also help if you are a practice owner where complex legal agreements are common. These experts can help you review and negotiate the complexities of an employment contract when you are considering a new …
Hard credit checks are when a financial institution checks your credit before making a lending decision. These can negatively affect your credit score. Soft credit checks are when a company reviews your credit score for things such as background checks or pre-approved products and do not affect your credit score. There are special exceptions for …
Hard Credit Check Vs. Soft Credit Check: What Doctors Need To Know Read More »
President Joe Biden announced his decision on student loan forgiveness and the forbearance period Wednesday afternoon. During Biden’s presidential campaign, he promised to forgive a large chunk of the country’s loan balance. Since his inauguration, many politicians and borrowers have been pressuring the White House to follow through on this pledge. Here is what you …
Biden Forgives $10,000 In Student Loans: What Does This Mean For Doctors? Read More »
Choosing a practice lender and banking partner for your acquisition, startup or any other practice-related transaction is a very important decision. More than just rate, the relationship you are creating with your lending bank, the support and services they provide, and how their structure allows you to focus on what you do best — patient …
Finding A Practice Lender & Bank: Choosing Wisely Today For Your Practice Tomorrow Read More »
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