This paper aims to provide a summary of the basics of personal finance, specifically as it pertains to medical trainees and early career physicians. While not sufficient by itself, it may serve as a jumping off point for further reading and investigation into different aspects of personal finance. It includes discussion of spending and saving, emergency funds, insurance, student loans, and investments and tax-advantaged retirement accounts. Graduating financially well-rounded radiologists and physicians allows for a more effective balance of patient care, education, family, and interests outside of work.
Keywords: Investing; Personal finance; Retirement; Saving; Wellness.
© 2024. The Author(s), under exclusive licence to Springer Science+Business Media, LLC, part of Springer Nature.