Introducing Money Matters Rx: Your financial prescription for a successful future

By MDLinx staff
Published October 18, 2023

Key Takeaways

They say money isn’t everything, but we know that setting yourself up for a successful financial future is a hallmark of an ultimately fulfilling career in medicine.

Despite years of schooling, the subject of finance is typically left untouched during the grueling training period. Even years into practice, many physicians haven’t acquired basic money know-how specific to their profession.

With Money Matters Rx, we offer guidance for making solid financial decisions throughout your career—whether you are a new resident saddled with debt, an established physician with an eye on retirement, or somewhere in between.

This exclusive series, tailored to physicians, features expert insight from Altelisha “Lisha” Taylor, MD, MPH, a board-certified, practicing physician with financial expertise and a passion for helping doctors achieve financial wellness. We’ll cover everything you need to know about managing your personal finances—from investing 101, to paying off debt, to maximizing your contributions to retirement, and more. 

And, we're hosting two live webinars with Dr. Taylor, featuring actionable advice and financial tips for all stages of your career, with time for your questions. Click the registration link below!

Also, don't miss our special companion reports covering 2023 physician compensation data trends, authored by Shamard Charles, MD, MPH. We leverage the latest research from the Medical Group Management Association (MGMA), a leading salary data provider, examining doctor pay across specialties, geographies and other factors. Click here to read the first installment.

Our Money Matters Rx series provides reliable data, guidance, resources, and support on topics such as: 

  • Establishing a strong foundation: Common money mistakes residents and fellows make; what to ask for when negotiating salary for a new job; top tips for student loan repayment.

  • Investing best-practices: Choosing the right investments throughout the career stages; protecting your financial assets; how to invest if you want to retire early.

  • Practical financial management tips: Choosing the right financial advisor (and how to avoid overpaying them!); buying a home vs renting; financial tasks to take care of by year’s end.

  • Physician salary trends: The highest- and lowest paying states to practice medicine; how income evolves over the course of a physician’s career; personal perspectives on how doctors feel about their pay; and more.

While good financial management can seem elusive in your busy day-to-day life, it doesn’t have to be overwhelming.

Money Matters Rx will guide you in taking the right steps to securing a strong financial future, wherever you are in your career. Because we want you to focus on what’s most important: fulfilling your professional goals, making time for family and friends, and establishing a positive work-life balance. 

Read Next: Residents and fellows: Don't fall prey to these 5 money mistakes

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