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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. Physicians may also get a 403b or 457b plan.

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12 Steps To Creating A Solid Financial Plan For Yourself

Clever Girl Finance

your short, mid-term, and long-term goals) The right types of insurance coverage (Life, health, disability, home, etc.) Now that you are aware of what to plan, let’s get into exactly how to create your financial plan. How to make a financial plan Below, you’ll find twelve steps for how to make a financial plan.