One of my colleagues started a podcast during residency, called The Intern at Work. It has continued and grown as a resource for residents done by residents. There are lots of practical and distilled approaches to common clinical problems. I recently had the pleasure of appearing on the pod to talk about personal finances during residency.
We cover some important topics
Debt: The good and the bad. Spending while in debt.
Investing: When to consider starting investing. The alphabet soup of investment accounts. How they work, and where to start.
How to Use Investment Accounts: Using your FHSA, TFSA, and RRSP to your advantage. Avoiding common mistakes and how to correct them.
Letting Compounding Work for You
Repaying Student Loans: Loan forgiveness, interest-free loans. How to strategize repayment and whether consolidation makes sense or not.
Making Sense of Your Resident Pay Check: tax deductions, CPP, and EI.
Related Loonie Doctor Articles
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Dealing With Medical Student & Resident Debt
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DIY Investor Basic Training & Interactive Guide
Great episode Dr. Soth, packed with smart/helpful guidance!
Thanks! The young physicians in recent years face a number of financial headwinds, but hopefully the better access to financial education helps.
Mark