KevinMD February 24, 2025
Michele Cho-Dorado, MD

We, as physicians, dedicate years to rigorous education and training to excel in our chosen specialties. We endure periods of sleepless nights, poor nutrition, personal sacrifices, time constraints, and modest pay. For many, this journey is further compounded by the significant burden of student loan debt. We do this with the expectation that we will be able to make up for lost time later. Yet, too often, when financial stability finally arrives, it is met with lifestyle inflation—bigger homes, luxury cars, and unchecked spending—leaving many physicians trapped in a cycle of debt rather than achieving true financial freedom. Many physicians have simply not been taught how to manage their money.

Similarly, as parents, we strive to equip our children with...

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