In medical training, our job is to hone our craft by learning and practicing the best possible medicine for our patients. Unfortunately, medical training isn’t free. With the substantial debt burden facing graduating medical students, it has become increasingly important to know how to navigate the choppy waters of personal finance. With sharks in the water, no training on personal finance, and little time to spare on such an important topic, this short primer aims to teach you only what you need to know about personal finance so that you can focus on taking good care of patients. If you are ready to learn how to effectively pay down your student loans, invest efficiently, and achieve financial freedom early in your career – then this book is for you.
Feel free to take a look at the introductory portion of the book through the “Look Inside” feature.
Here are some of the essential topics you will learn in The Physician Philosopher’s Guide to Personal Finance:
●Investing basics (compound interest, time in the market versus “timing” the market, etc.)
●Investing specifics (types of vehicles, solid investment plans, and examples)
●Specifics on how to attack your student loans
●Paying off debt versus investing (or both) at various stages
●Asset protection (life, disability, umbrella insurance, etc)
●Where to get financial advice and identifying where conflicts of interest exist
●Why lifestyle inflation matters after training and how it can wreck your life
Praise for The Physician Philosopher’s Guide to Personal Finance:
“I have frequently told physicians and dentists that the first really good personal finance and investing book you ever read is likely to be worth $2 Million to you over the course of your life… This is a $2 Million book.” – James M. Dahle, MD (The White Coat Investor)
“Applying the Pareto principle, Dr. Turner has distilled his substantial knowledge and experience in personal finance into a no-nonsense book that a physician can easily read and understand in one insightful evening.” – Leif M. Dahleen, MD (Physician on FIRE)
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