Med School Money

Medical school is expensive, and for most of us the money coming in is fixed. You get a loan disbursement, you divide it across the semester, and that is what you have to work with. There is no raise coming, no bonus, and for most students no part-time income to fall back on. That makes

Let’s be honest about something upfront: most medical students do not have a lot of spare time. Between lectures, clinical placements, studying for exams, and trying to maintain some semblance of a social life, the idea of adding a side hustle on top of all that sounds exhausting. And for a lot of people in

When we started medical school, we knew we were taking on debt. What we did not fully appreciate was how differently that number lands depending on where you study, how you funded it, and what happens to the balance in the years between graduation and your first real paycheque. Most people have a vague sense

We have talked a lot on this blog about why budgeting matters during medical school. But knowing you should budget and actually doing it are two different things, and a big part of what makes the difference is having a tool that is easy enough to use that you will actually stick with it. We

Financial planning is one of those things that sounds like it is meant for people who already have money. When we first started hearing about it, our instinct was that it did not really apply to us yet. We were students living on loans, not people with salaries and investment portfolios. What was there to

Budgeting sounds boring. We get it. When you’re trying to survive anatomy lab and memorize the Krebs cycle, the last thing you want to do is sit down and track every dollar you spend. But here’s the thing—not having a budget is way more stressful than having one. Without a budget, you’re constantly wondering if

Medical school is hard enough without adding money stress to the mix. But the truth is, a lot of us make the same financial mistakes during our training—mistakes that cost us thousands of dollars and years of unnecessary stress. We’re not talking about small things like buying coffee or ordering takeout once in a while.

When we started medical school, we were focused on one thing: learning medicine. We thought about how we’d survive anatomy, pass our exams, and eventually become good doctors. What we didn’t think much about was money. We knew medical school was expensive. We knew we’d have loans to deal with eventually. But the actual financial

Let us be honest with you: when we started medical school, we had no idea what we were doing when it came to money. We could tell you the steps of glycolysis. But ask us about student loan repayment strategies, or what a Roth IRA was, or how to actually budget on a tight income?