Personal Finance

Personal Finance Blog
Featuring blog posts written by the ASA Committee on Young Physicians.

How to Use Your First Real Paycheck as a New Grad
Learn how to be financially smart with your paycheck now that you are an employed graduate. Some smart moves include setting up your 401(k), setting up a checking and savings account, making student loan payments, etc. Read more.

Financial Planning
With transitioning from training into clinical practice comes financial planning. Julius Hamilton, MD, offers advice on establishing an emergency fund, finding a financial planner, insurance policies, loan repayment, and retirement.

See what SoFi can do for you—and your finances
Starting out in your career can be financially challenging. SoFi offers innovative solutions for your finances, so you can get ahead.

Asset Allocation for Beginners
Learn more about asset allocation. This article offers insights on the age-based model and non age-based models as well as investing.

Building An Investment Portfolio
Building an investment portfolio can be overwhelming. Gain some tips on short and long term goals to get started.

10 Money Hacks To Try
These 10 money hacks can help you achieve your financial goals. Read more to get started.

Financial Health 101 for Young Docs
You may have a number of competing priorities, so plan to pay down debt, budget for needs and get started on investing for the future. Find out why physicians often resist working with a financial advisor, and why they (and you) may want to reconsider.

How to Manage Your Money Better
Managing your finances can be challenging. Learn how to set financial goals, start saving money or more money, use your credit cards wisely, manage your debt appropriately, and use the right bank account.

Handling Finances in Marriage
Money is one of the most common things couples fight about. Read more to gain tips on how to manage finances with your partner.

When Is the Best Time to Buy a House?
If you are thinking about buying a home, check out these helpful tips. It is important to know you are ready to buy, watch interest rates, time the real estate market, and understand your local market.

Ways to Make Financial Freedom a Reality
How to make financial freedom your reality. Learn more on investments, mental barriers, and working with SoFi.

Pros & Cons of Buying A Starter Home
If you are in the market for your first home, check on the pros and cons of starter homes. See what makes the most sense for you.

Transition to Practice: Five Money Tips for the Resident in Training: a Checklist for Your Financial Health
As a resident, your financial situation can be challenging. Check out these five money tips to improve your financial health.

Going from Broke: Five Questions Residents Have About Money
As a resident, you may have questions about your finances, most of which are commonly asked questions. Check out these five questions and answers to help get your finances on track.

Investment Risks and Ways to Manage
Investments can be risky. Learn more about the types of risks and how to manage them. 

Test Your Knowledge: Take Our Investment Quiz
Whether you're new to investing or you've started but you're not 100% confident, check out this overview.  Take the Investing 101 Quiz to get started.