Seven Reasons Why Financial Literacy is Essential for Doctors
Peter Crane MD
Compound interest over a prolonged time horizon is the single greatest tool for building wealth and financial independence.
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Compound interest over a prolonged time horizon is the single greatest tool for building wealth and financial independence.
Many physicians (including me) have found satisfaction in providing care to people who live in countries with extremely limited resource. The ability to care for those who were born in
Student loans are overall a good thing. They have made the news a lot lately, and generally they get a negative spin. There is a push to forgive student loans and make debt more manageable for people. There are certainly unscrupulous lenders with terms that will maintain a person in debt for many decades. Work is needed to make sure loan terms are properly disclosed to young inexperienced student and to curtail aggressive loan practices.
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Peter Crane, MD, FAAFP is a board-certified family physician employed by a critical access hospital in rural Idaho. He serves as a volunteer member of the board of the Idaho Academy of Family Physicians. However, nothing on this website or it’s associated media should be construed as personalized advice. The views expressed are those of Dr. Crane and do not represent his employer or the Idaho Academy of Family Physicians or any other professional organization. Doctors Making A Difference is for your entertainment and information only and should not be viewed as professional advice. Each person should seek personalized professional advice pertaining to each situation.
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