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November 1, 2024 38 mins

Most physicians aren’t planning ahead for their finances during their training and residency—they’re surviving. Many assume that once they’re a full-fledged doctor, any financial issues will be resolved. You may be thinking about marriage, kids, or buying a home. But financial decisions aren’t typically top-of-mind. 

So in this episode of Physician Cents, we’ll cover some of the basic things newly minted physicians need to think about with special guest Dr. Kaveh Hoda.

Looking for help with Disability Insurance, Physician Banking, Student Loan Refinancing, Physician Mortgages, Contract Reviews, and more? Check out our "Best of the Best" sponsors page to find a list of the professionals Chad & Tyler team up with for their clients.

You will want to hear this episode if you are interested in...

  • Dr. Hoda’s biggest concerns during training [2:24]
  • Why physicians shouldn’t hastily buy a home [4:56] 
  • Safe ways to save your money [10:53] 
  • A conversation about 529 plans [15:20] 
  • Starting a private practice: S Corp versus LLC [21:23] 
  • Is Locum Tenens work becoming more common? [31:53] 
  • Check out Dr. Hoda’s podcast! [36:53] 

The best of the best list is a paid sponsorship, but these are professionals/companies that Tyler and Chad collaborate with within their own practices or have been vetted to earn a spot on this list. By supporting our sponsors, it allows Chad & Tyler to dedicate more time to you and the Physician Cents community. If you ever have a question (or not a great experience, which we don’t expect!) about a sponsor, please let us know. We call it the “best of the best” for a reason, and we will maintain that standard for our listeners & viewers.

Resources & People Mentioned

  • Corporate Dissolution or Liquidation: Form 966

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