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Veterinary

This is a picture of a doctor walking through a hospital to represent job changes for doctors.

Considering a Job Change? Here’s What Doctors Should Know

Deciding to leave one job for another can be a big life change. Whether making this decision because of advancement opportunities, desire for a new location, or dissatisfaction with your current role, consider these things before you make the leap. Are doctors changing jobs?  From 2020 to 2022, 46% of physicians changed jobs, according to …

Considering a Job Change? Here’s What Doctors Should Know Read More »

student loans

How Has the Biden Presidency Affected My Student Loans?

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 »

This is a photo of a person looking at bills and income statements. | Debt-to-income ratio

How Does Debt-to-Income Ratio Affect Doctors?

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 …

How Does Debt-to-Income Ratio Affect Doctors? Read More »

This is an image of a retirement plan for doctors | Doctor retirement

How to Prepare for Retirement as a Physician, Dentist or Veterinarian

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 »

medical school graduation

As a Doctor, Should I Refinance My Student Loans?

Refinancing your medical, dental, or veterinary school loans could save you money on interest, but it’s not always your best option. Loan forgiveness programs only apply to federal loans. If you intend on working for a qualifying institution full-time for 10 years and you have qualifying loans, you should pursue Public Service Loan Forgiveness. If …

As a Doctor, Should I Refinance My Student Loans? Read More »

How Can Doctors Avoid Lifestyle Creep?

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. …

How Can Doctors Avoid Lifestyle Creep? Read More »

veterinary student

A Veterinary Student’s Guide to Job Outlook, Residency & Finances

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 »

interest rate

What the Fed Rate Hike Means for Loans, Credit Cards & Savings

Inflation has reached a 40-year high, increasing 8.3% over the past 12 months. Americans have been feeling the effects of this with more costly groceries, gas, rent and more.  The Federal Reserve is aggressively raising rates in an attempt to slow spending, cool the economy and reduce the worst inflation since the 1980s. The Fed …

What the Fed Rate Hike Means for Loans, Credit Cards & Savings Read More »

This is a lawyer reviewing a contract.

How Contract Lawyers Help Doctors

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 …

How Contract Lawyers Help Doctors Read More »

credit check

Hard Credit Check vs. Soft Credit Check: What Doctors Need to Know

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 »

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