Doctor Common Financial Mistakes

Money is stressful for students. I’ve been there. As a pre-med, medical student, and even as a physician, it’s not uncommon to stress about money, student loans, and feeling stretched too thin financially. It’s essential to get a grip on your finances from day one because of the effect of compounding interest. This applies to both investments and student loans. These are the 5 most common pre-med and medical student financial mistakes.

01:27 – 1 | Pushing Off Financial Education
03:31 – 2 | Prioritizing Prestige Too Highly
04:38 – 3 | Not Practicing Self-Restraint
06:59 – 4 | Misunderstanding “Scholarships” and Loan Forgiveness
08:27 – 5 | Cheaping Out in the Wrong Places

Related Videos:
Go to Medical School for Free: https://www.youtube.com/watch?v=sX5PGr1NzOQ
Does University Prestige Matter: https://www.youtube.com/watch?v=0clZ16xIHo4

Resources:
White Coat Investor: https://geni.us/liMjA
Reddit Personal Finance: https://reddit.com/r/personalfinance
Med School Insiders Scholarship: https://medschoolinsiders.com/medical-school-scholarship/

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Disclaimer: Content of this video is my opinion and does not constitute medical advice. The content and associated links provide general information for general educational purposes only. Use of this information is strictly at your own risk. Kevin Jubbal, M.D. and Med School Insiders LLC will not assume any liability for direct or indirect losses or damages that may result from the use of information contained in this video including but not limited to economic loss, injury, illness or death.