Managing Personal Finances

Short description: Financial considerations for every stage of your career. Financial considerations are especially important for residents. Fortunately, there are a few simple and reliable financial rules that can help you make the most of each paycheck and establish good habits that can support financial well-being throughout your career as a physician. Create a Personal Budget Creating a budget will help you gain a clear understanding of where your money is being spent. You can make a budget worksheet that lets you track your expenses each month. By comparing your actual expenses in each category to the expenses planned in your budget, you can see if you are ove...

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