The ultimate goal of every young physician while in medical school and residency should be to become a remarkable doctor. However, what if one of the biggest factors of being a great doctor was not addressed from the start?
Financial wellness may not directly correlate with being an incredible doctor, but stress can and does, and today's young medical professionals have a lot on their plates — beginning with $200,000 in student debt. Factor in starting a family, buying a home and — oh, yeah — you also have to be a great doctor and work 80 hours a week.
When I first started working with medical residents, I was somewhat shocked to hear that their medical schools and residency programs did not provide any financial courses. However, we still get the feedback that their programs fail to provide enough, if any, guidance on everyday finances.