ER Doc Advisor - Financial Planning & Taxes for Emergency Physicians

EP 209: Getting Back to Basics: Essential Financial Foundations for Emergency Physicians

Finance can be complex. It's very easy to focus on the bells and whistles instead of the tried and true.

So today, we’re stepping back to explore the core financial principles that every emergency physician should know. Understanding what areas to focus on, and which to avoid, is just as important whether you're fresh out of residency or a seasoned pro.

 

Topics Discussed:   

  • The tax extension date and what to do now to avoid late filing penalties.
  • The impact of not understanding the relevant factors to your financial trajectory.
  • Why it's important to create personal spending boundaries.
  • Understanding the roles of purpose, balance, and mental health when it comes to your finances.
  • Financial catastrophes to avoid.

Resources Mentioned:

Tags:

financial basics, back to basics, financial foundation, emergency medicine, ER doc, ER doctor,