As doctors move from residency or fellowship to their first years of practice, they face a variety of choices. One of the key choices is between a high-consumption, high-status lifestyle, and a more modest, savings-oriented lifestyle designed to build walk-away financial independence at a relatively young age. This book discusses the changing economics of medicine, the psychology of wealth and status, and the compounding effects of early savings. The book concludes with seven success strategies for physicians making the ...
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As doctors move from residency or fellowship to their first years of practice, they face a variety of choices. One of the key choices is between a high-consumption, high-status lifestyle, and a more modest, savings-oriented lifestyle designed to build walk-away financial independence at a relatively young age. This book discusses the changing economics of medicine, the psychology of wealth and status, and the compounding effects of early savings. The book concludes with seven success strategies for physicians making the transition to full-time practice, designed to place a new doctor on a confident path toward financial security.
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