Physician Personal Finance Made Easy: The Review Book for the Course You Never Had in Medical School. - Couverture souple

Steiner DO MBA, Jeff

Couverture souple

ISBN 13 : 9798986415802

Editeur : Two Pugs Publishing, 2022

Synopsis

Physician Personal Finance Made Easy is the second edition to the book The Physician’s Guide to Personal Finance.

Written by a double-boarded pediatric anesthesiologist, Physician Personal Finance Made Easy is a high-yield, outline-style review book, written specifically for physicians at all levels of training and beyond.

The financial challenges you face as a med student, resident, and attending physician are unique. You will accumulate significant medical school debt, your time is limited, and like most, your personal finances are completely disorganized.

Section I - Building Your Financial Foundation
Learn how to

• learn about personal finance through meta-learning.
• evaluate financial professionals
• build financial goals that are specific to you
• build wealth

Other Topics Include

• cash flow planning / budgeting - including budgeting for people who hate budgets
• understanding taxes - keep more of your hard-earned money
• disability / life insurance - what you need and what you need to watch out for
• investing made easy - how investments work and make them work for you
• home mortgages – understand how they work
• treating credit card debt - find the strategy that works the best for you
• treating school loans - including when to consider Public Service Loan Forgiveness (PSLF)
• retirement savings – how/when to use Traditional, Roth, and Backdoor Roth accounts.
• asset protection - protect your hard-earned wealth
• saving for your children’s education - help your children’s education
• estate planning - how to build/protect your legacy

Section II- Your Medical School Years

• organizing your financial life as a med student
• choosing a residency through a financial lens
• how to fund your transition
• how to get $0 payments on your school loans that count towards PSLF
• renting vs. buying a home as a resident
• what paperwork/expenses to expect with the transition

Section III - Your Residency Years

• setting up your resident cash flow plan
• treating credit card debt
• building a student loan debt plan
• savings/investing for the resident
• moonlighting masterclass - run your moonlighting like a boss.

Section IV- Your Attending Years

• Basics of Attending Finance Topics
  • preparing for your new life as an attending physician
  • 1099 vs W2 employee
  • academics vs. private practice
  • choosing the right group practice and avoiding the wrong ones
  • selecting your business structure
  • part-time work and job sharing as an attending
• Unseasoned Attending Years Topics
  • Getting organized as a new attending.
  • treating your student loans
  • building wealth as an attending
• Seasoned Attending Years Topics
  • how to obtain financial independence / work optional goal
  • overcoming the financial / social / self-imposed barriers of retirement
  • options you have if your savings do not match your retirement needs
  • how to use a “scalable” retirement to retire sooner
  • using mini-retirement to test out retirement before you make the leap.

Détails de l'édition

• Éditeur: Two Pugs Publishing
• Date d'édition: 2022
• Langue: anglais
• ISBN 13: 9798986415802
• Reliure: Broché
• Nombre de pages: 382
• Coordonnées du fabricant: Manufactured by Amazon on behalf of the author; https://www.amazon.fr/hz/contact-us; ; c/o Amazon Media EU S.à.r.l., 38 Avenue John F. Kennedy; Luxembourg; L-1855; Luxembourg