As a resident specializing in the field of Anesthesia, Emergency Medicine, Oncology, Dermatology or any of them really you are now earning upward of $50,000 annually. Fantastic but do you find yourself scrambling to figure out where your paycheck went at the end of the month? If so, you are not alone. According to the Center for Financial Services Innovation (CFSI) almost half of you say that your expenses are either the same or greater than your incomes. That is a rather startling figure.
They also go on to say that, well over half of you are struggling financially. For many of you the cause is mounting school debt compounded by monthly living expenses. There are additional costs that you can control zapping your wallet. You know what they are (admit it or not). Those trips to the coffee shop, impulse purchases when you only went in for 1 or 2 items, water bottles, dining out too much the list goes on. All this may seem elementary but sometimes we need to take a hard l[...]