Personal Finance Perspectives

 
 
  • Contract Negotiation: Tips for the New Physician   In this short video, Dr Lee Mills gives practical information on contract negotiation.
  • A Doctor Tells: How to Save More of Your Money Putting your family on a spending 'diet' and adopting a more frugal approach can provide you with financial freedom down the road. But it takes discipline today to reap those benefits tomorrow.
  • How Trump's Tax Plan Could Affect Doctors The impending tax overhaul may still change, but here's how the elements of the proposed plans could affect physicians.
  • Should You Buy or Lease Your Car? When it's time for a new car, many ponder the perpetual dilemma: Would I be better off buying or leasing? Here are some wise tips.
  • Retire by 50: How to Manage Your Finances to Retire Early Lots of doctors would like to retire early, but that would be easier said than done for many. Here's how to take a hard look at your finances and see what you need to do.
  • 23 Tips for Starting and Running a Private Practice Dr Nathan Wei offers some frank advice for running a successful private practice in 2017.
  • Doctors and Depression: Suffering in Silence Many doctors suffer with untreated or poorly treated depression, but a large percentage don't seek help.
  • Doctors' 5 Most Frequent Investing Mistakes Doctors who try to earn money from making smart investments have hits and misses, just like many investors. How can you avoid making common investing mistakes?
  • Are You Leaving Tax Money on the Table? Are you still working on your tax returns? Here are some important ways to get all of the deductions you deserve.
  • Doctors Named to 'Fraud Hall of Shame' Eleven physicians committed criminal schemes to line their pockets--and they were caught.
  • Bias, Burnout, Race: What Physicians Told Us About the Issues This year's Medscape Lifestyle Report included responses to questions on physicians' race or ethnicity and whether these relate to burnout, bias, and health.
  • The Many Ways to Network Physicians will learn about options for networking, using job boards, how to approach personal contacts, using professional meetings to find contacts, and the benefits and limits of social media.
  • Negotiating the Contract Physicians will learn the best strategies for negotiation, when and how to negotiate, understanding and negotiating for compensation, and more.
  • How Much Does Disability Insurance Cost? This chapter describes the variables that affect premiums, and tells how physicians can choose which factors are right for them and will keep their premiums under control.
  • Buying Medical Malpractice Insurance This chapter discusses the importance of malpractice insurance; elements of coverage that are important, including tail coverage, occurrence and claims-made coverage; and the consent-to-settle clause.
  • Purchasing Your Malpractice Policy This chapter covers elements of purchasing a policy; how to choose a broker or an insurance carrier; when you need to get surplus lines coverage; and what to expect to pay in premiums.
  • Pricing Malpractice Insurance Physicians will learn about the factors and choices that can affect their premium price, such as group discounts, risk management discounts, and claims-free discounts.
  • Is Your Bonus Attainable or Just a Tease? Doctors--especially employed ones--say that when it comes to earning extra compensation, the deck is stacked in favor of the hospital system. Here's how to make sure your bonus won't slip away.
  • Where Should You Invest $10,000? Whether you've saved up enough to start investing, or have gotten a recent bonus or windfall, it's important to make the right decision where to put your money.
  • Top Financial Mistakes of Young Doctors New physicians often graduate with a mountain of debt, and while trying to pay it off, they may make money decisions that will harm more than help.