Between patient care, social obligations, and education, it is easy to let your finances slide. But, as you know, sorting out your finances is vitally important – not only for your peace of mind, but also for your long-term financial well-being. In fact, cultivating healthy financial habits is paramount for buying a house, buying into a practice, having kids, insulating yourself from financial risk, and enjoying life — and the earlier you start, the better.
Learning Objectives
At the conclusion of this session, participants will understand:
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How to set your financial priorities for the year ahead and avoid the most common money mistakes dentists make
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Strategies for avoiding lifestyle creep
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The importance of your FICO score, how student loans affect DTI, and preparing for buying into or starting your own practice
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Understanding your employment contracts and compensation and how contract review resources can help protect your future
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Updates on the current student loan landscape and how recent changes may impact your repayment strategy and financial planning
Michael Jerkins, MD, M.Ed, president and co-founder, Panacea Financial