Docs Outside The Box - Ordinary Doctors Doing Extraordinary Things

On the verge of graduating from med school and want to get your finances in order from the get go? Tune into today’s episode to learn our top 6 money tips for making your money work for you not just after graduation but for the rest of your life. In this episode, we discuss: [3:37] Elmhurst Hospital strike update [5:31] The inspiration behind this episode [9:58] Make sure you’re aware of the stipulations behind any sign on bonuses[13:26] Money tip #1: Determine your salary, where you’re going to be living, and use ADP Salary Calculator to get your take home pay[16:58] Money tip #2: Figure out how much you’re able to spend on rent [23:59] Money tip #3: Factoring in your student loan debt into your monthly expenses [30:47] Money tip #4: Determine what your expenses are aside from rent + student loans [34:49] Listener question: What challenges do you see yourself or other doctors facing in regards to saving, investing, retirement planning, tax planning, and estate planning?[39:51] Money tip #5: Start protecting