Story at-a-glance Many physicians in private practice lack basic business training, which limits growth and wealth-building potential.Future earnings—not practice equity—are your biggest asset, and growing them requires intentional business strategy.Poor debt management, weak marketing, and

Story at-a-glance HSAs pair with high-deductible health plans (HDHPs) to offer lower premiums and tax-advantaged savings for medical expenses.Contributions are tax-deductible, grow tax-deferred, and can be withdrawn tax-free for qualified medical expenses—even premiums.Unused funds roll over

Story at-a-glance Third-year medical education is evolving, with growing debate between traditional block rotations and longitudinal integrated clerkships (LICs).Block rotations offer broad exposure, but critics compare the brief experiences to “speed-dating” with specialties.LICs provide

Story at-a-glance Budgeting isn’t restrictive—it’s a tool for financial freedom, especially for physicians managing complex income and expenses.Start by assessing your current income, not future projections, to avoid overspending.Track both essential and discretionary expenses to uncover

Story at-a-glance Physicians need an emergency fund—3 to 6 months of expenses in a liquid, safe account.Most doctors don’t prioritize cash reserves, putting their financial stability at risk.Keep funds in a high-yield savings account or money market fund—not investments.Build it gradually with