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Understanding Personal Finance for Physicians

Contrary to popular belief, not all physicians experience financial security. From costly professional expenses and a high amount of debt to managing large sums of money, those in health care face financial challenges just like anyone else despite their high income bracket. On top of the daily stressors that come with the profession, this can take a toll on their mental health. That is why it’s important to understand the common financial challenges physicians encounter throughout their careers, insurance needs such as life insurance and disability insurance and the best ways to ...