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Budget, Borrow & Build: Financial Wellness for Medical Students

Program Description

This session offers a comprehensive guide to navigating the financial realities of medical education, from budgeting during school and residency to preparing for long-term financial wellness. Participants will gain practical tools to manage expenses, evaluate residency compensation, develop student loan repayment strategies, and begin saving for retirement early in their careers.

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Overview/Objective

  • Budgeting Basics: learn how to build a budget during medical school & residency.
  • Residency & Finances: Understand typical salary, benefits, and financial questions to ask during residency interviews.
  • Student Loan Strategy: Explore repayment plans, forgiveness programs, and how to balance loan payments with saving.
  • Retirement Planning: Explore how to get started with retirement savings, even on a residents’ income.

Available Formats

In-Person

Virtual

Presentation Length

1 hour

Interests

Specialized Financial Topics

Audience

Graduate Students

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Last Updated: 10/20/25