11/24/2025
In the latest MFP, "Top 5 Financial Tasks for Residents + Early-Career Physicians."
โฑ๏ธ Protect yourself with insurance. Cover from high costs you cannot predict.
๐ณ Create a debt reduction plan. Pay off high-interest loans as soon as possible.
๐ Make a spending plan. Use the โ50/30/20โ rule as your guide for take-home pay.
๐ Create a savings plan. Have 10โ20% of your pay automatically deposited into a high-yield savings account.
๐ Start investing. Max out your retirement contributions each year.
Read the full article by Lisha Taylor, MD, MPH: https://www.mydigitalpublication.com/publication/?i=854803&p=20&view=issueViewer