Archive For: Tips

A Medical Resident’s Guide to Mortgage Rates

Physician mortgages are loans designed to make homeownership possible even for new doctors and medical residents.  Most doctors make serious financial sacrifices for their career path, including taking on an average of $190,000 in student debt and forgoing a full salary in their early adult life. Typically, this financial situation (high debt, little savings, short ... Read More
 

A Step-by-step Guide to Physician Work-Life Balance

For most physicians, medicine is more than just a career: it’s a calling. However, being passionate about your profession can come as a double-edged sword. On one hand, your work is extremely stimulating and fulfilling. On the flip side, it can be difficult to set healthy boundaries between work and the rest of your life ... Read More
 

What You Need to Know About the Cost of Disability Insurance

While disability insurance can seem like a daunting purchase for young doctors, it provides indispensable financial protection.   There are an enormous variety of factors that determine the cost of a physician disability insurance: medical history, age, specialty, benefit level, insurance company—the list goes on. Because of all these variables, it can be difficult to ... Read More
 

Your Complete Guide to Physician Compensation

It’s no secret that compensation can be a difficult discussion with potential employers. Here, we’ll give you everything that you need to navigate that discussion and start earning what you’re worth. We’ll delve into understanding your worth, evaluating (and prioritizing) the roles that will bring you the most happiness, and the four key factors to ... Read More
 

7 Alternative Jobs for Physicians

Are you burnt out from years of working long hours? Do you want to step away from clinical practice? You’re not alone. Many doctors suffer from burnout. After all, practicing medicine is demanding work. It certainly doesn’t have the best work-life balance of any career out there. A lot of physicians come to a point ... Read More