Financial First Aid. Empowering Physicians and Other Professionals To Take Charge Of Their Financial Futures 12+

📓 Doctors, lawyers, veterinarians, dentists, and others go through extensive schooling to become professionals, but many lack significant financial education. Financial First Aid is designed to quickly cover the basics of personal finance and practice management, discussing what to do starting out as a student, progressing through the residency training years, and then into the post-graduate years. It teaches the following:✚ What professionals should be doing right now with their money and at every stage of their career✚ How to evaluate and determine the best investment options and determine how much is needed for retirement✚ How to intelligently pick the best investments from 401k or IRA offerings ✚ Understanding stocks, bonds, gold, commodities, target date funds, mutual funds, and other assets to determine when it is appropriate to invest in each ✚ How to quickly read and understand financial statements for improved control of practice and personal investments, including discussions about overhead rates and benchmarking practices✚ Understanding and managing life insurance and disability insurance policies✚ How to manage student loans✚ How to identify office fraud red flags and properly react to that fraud and utilize prevention techniquesIn addition, this book covers the different available retirement accounts and tax ramifications, and it discusses when to utilize each. It explains what you need to know about financial advisors and how to pick a financial planner, if desire...