In the demanding world of medicine, where every day presents new challenges and sacrifices, financial wellness often feels like an elusive dream. Yet, for physicians who have dedicated their lives to healing others, mastering financial literacy is not just important, it is essential. With the 2024 Medscape Physician Compensation Report ... Read more
Dr. Josh Lumbley
Updated March 26, 2025 by Dr. Josh Lumbley
As a physician, your greatest asset is not just your medical expertise but your ability to practice medicine. Your profession, built on years of education and training, offers you both personal satisfaction and financial security. ... Read more
Pattern Life
Updated November 20, 2024 by Pattern Life
Transitioning from medical school to residency marks one of the biggest changes in your medical career. This includes a huge shift financially, from paying student to salaried trainee. While a resident’s salary is much more ... Read more
Dr. Brennan Kruszewski
Updated October 23, 2022 by Dr. Brennan Kruszewski
Maintaining a healthy diet. Keeping up with routine medical appointments. Getting a good night’s sleep. Science repeatedly demonstrates that these fundamental practices can ward off disease and increase longevity. As a medical student, you’re no ... Read more
Susan Doktor
Updated August 8, 2022 by Susan Doktor
Light awaits you at the end of the financial tunnel. Student Doctor Network (SDN) is excited to announce that we are launching our own line of NFT Cryptocurrencies. This comes from extensive interest from our ... Read more
Chivas Owle
Updated March 21, 2023 by Chivas Owle
Popular culture promotes—and most people accept—the notion that physicians make a lot of money. When it comes to national average salaries, data supports that conclusion, as well. But not all of us are average: medical professionals ... Read more
Susan Doktor
Updated August 8, 2022 by Susan Doktor
If you are struggling to repay your student loans, you may have several options to choose from. However, it is important to first prioritize your finances before incorporating any of these options, as having a ... Read more
Ernest Atta Adjei
Updated June 22, 2022 by Ernest Atta Adjei
Congratulations to all the new doctors! You are all going to save a lot of lives! You may earn fame and money throughout a successful career in medicine but prioritizing financial management from the beginning ... Read more
Patricia Sanders
Updated August 18, 2022 by Patricia Sanders
You’ve done it. The classes have been taken, the concepts mastered, the grades received. Prom happened, whether you went to it or not. Maybe sports were involved. It doesn’t really matter anymore. High school will ... Read more
Erin Wildermuth
Updated June 23, 2022 by Erin Wildermuth
The medical journey is filled with many new experiences and challenges. The financial commitment of a medical career choice is frequently overlooked and can sneak up and surprise us. Medical school and residency are called ... Read more
Amy Rakowczyk
Updated June 23, 2022 by Amy Rakowczyk
Medical school is a costly undertaking. The American Association of Medical Colleges (AAMC) reports the average cost of a United States Allopathic medical school (private vs. public and resident vs. non-resident student). These figures include ... Read more
Emily Millet
Updated June 23, 2022 by Emily Millet
I started residency on July 1st, but even before I started, the emails began. I’m not sure if this was the result of my email address being available online, or distributed via an agreement, or ... Read more
Brent Schnipke
Updated June 24, 2022 by Brent Schnipke
Updated November 13, 2021. The article was updated to correct minor grammatical errors and to update technical details. Money should never be the most important factor While Dave and the crew try a recipe from ... Read more
The Short Coat Podcast
Updated June 24, 2022 by The Short Coat Podcast
You and your spouse are investing a significant amount of time, energy, and money into medical training. You’ve take on this investment with the expectation that it will pay off in the long run, when ... Read more
Amy Rakowczyk
Updated June 24, 2022 by Amy Rakowczyk
Unless you’re one of those people who wins every scholarship you apply for, you’ve likely had to take out student loans to pay for your medical degree. In fact, if you’re like most doctors or ... Read more
Dave Rathmanner
Updated June 25, 2022 by Dave Rathmanner
Financial advisors and wealth managers are not just for rich people or for investing in llama futures and bitcoin loan sharks. Health professionals have complicated financial lives. Huge debts, job search expenses, salary negotiations, moving ... Read more
Monya De
Updated June 26, 2022 by Monya De
Medical school, graduate school, dental school, any graduate or professional school: they are all expensive! Many students are only able to pay for their education by taking out loans and living on a strict budget. ... Read more
Jacob Adney
Updated July 22, 2022 by Jacob Adney
While I was a medical scribe in Texas, I had many conversations with doctors about what medical school is like. I vividly remember one instance where a physician responded to the question with, “Medical school ... Read more
Jacob Adney
Updated June 26, 2022 by Jacob Adney
Medical students deal with a lot of scary things: frequent do-or-die exams, looming USMLE or COMLEX tests, and being responsible for a patient’s care for the first time are a few examples. Sadly, however, one ... Read more
Brent Schnipke
Updated July 22, 2022 by Brent Schnipke