Residents' Page - Alberta Doctors' Digest

Residents, start saving now! Here’s how to get past five common hurdles

Contributed by: Michelle Ng, Financial consultant, Early Career, MD Financial Management

I get it. You’ve invested a lot of time and money in medical school and now you’re facing the many challenges of starting your professional career as a resident. There’s a lot to do, things to figure out – and saving money isn’t a top priority.

For young doctors, time is tight, sleep is a luxury and the wallet might feel a bit light. How can you possibly organize yourself to save?

It’s a lot easier than you think.

Here are five reasons that I hear all the time for not saving, followed by the strategies I offer in return. Many young physicians have used these strategies to start down the path to financial success.

Read the full article here.

The AMA advances patient-centered, quality care by advocating for and supporting physician leadership and wellness.