A Message to Final Year Medical Students

message to medical students

Last Updated on July 24, 2022 by The MediFi Guy

You now find yourself at a critical transitional period, a few months before formally starting work with the promise of one of the highest starting salaries in the country. A period wherein you will become the target of a host of financial services professionals. These professionals are banking on your lack of knowledge regarding basic personal finance and investing concepts (which the majority of new doctors tend to be ignorant of) and will try anything within their means to capitalize on your ignorance in order to secure as large a cut as possible of your future income. Therefore, at this critical juncture, it is very vital that you be aware of what not to do, just as much if not more so than what you should do. 

The pitfalls and traps to avoid and the reasons why you should avoid them will be the subject of the forthcoming posts, wherein we will be discussing the Four Horsemen of your potential Financial Apocalypse – the financial advisor, the car salesman, the private banker, and the insurance broker.  

Legal Disclaimer: The information on this website including research, opinions or other content is not intended to and does not constitute financial, accounting, tax, legal, investment, consulting or other professional advice or services. The author of this blog does not act or purport to act in any way as a financial advisor or in a fiduciary capacity. Prior to making any decision or taking any action, which might affect your personal finances or business, you should take appropriate advice from a suitably qualified professional or financial adviser.

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