Remove Debt Management Remove Electronics Remove Estate Planning Remove Insurance Coverage
article thumbnail

6 Financial Planning Mistakes Physicians Make

WiserAdvisor

More often than not, people are drawn toward luxury items, expensive electronics, cars, lavish vacations, and other extravagant indulgences. Not prioritizing debt management Debt management is another reason why financial planning for physicians is necessary. Medical schools can be costly.

article thumbnail

12 Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

It details your current money situation and financial system, including investing, saving, retirement, and estate planning. your short, mid-term, and long-term goals) The right types of insurance coverage (Life, health, disability, home, etc.) It’s simply a structured approach to reach your financial goals.