Money Minutes for Doctors #41 ~ Fellowship Decisions

Decisions, decisions, decisions…

Mariners and ocean going explorers throughout the ages have been faced with decisions that influenced the outcomes of their voyages and lives in various ways. Some decisions were better than others! Wether it be the first circumnavigation or what is regarded as the most successful failure in exploration, the voyage of the Endurance, no big decision is ever made without carefully considering all of the possible outcomes, variables, etc…right? So, why should the choice of a fellowship be any different? Here to discuss with us the financial ramifications of a decision to pursue a fellowship is our faithful navigator of finance, Ms. Katherine Vessenes, CFP®, RFC, Founder and President of MD Financial Advisors.

About Ms. Vessenes:

Ms. Vessenes works with over 300 physicians and dentists from Hawaii to Cape Cod. Her firm uses a team of experts to provide comprehensive financial planning to help doctors build their wealth and protect their wealth while reducing taxes now and in the future. Katherine is a longtime advocate for ethics in the financial services industry; and has written three books on the subject of investment strategies. She has received many honors and awards including: numerous tributes from Medical Economics as a top advisor for doctors, multiple 5-Star Advisor Awards, honored as a Top Woman in Finance, in addition to being selected to be on the CFP® Board of Ethics. Katherine can be reached at: Katherine@mdfinancialadvisors.com or 952-388-6317. Her website: www.mdfinancialadvisors.com.

Fellowship Decisions

Your career choices should make you as happy as possible!

Some questions to answer for yourself:

(1) Do you have a high level of student debt?

(2) Are you on PLSF payoff? If yes, can really be great way to have more debt forgiven.

(3) Will fellowship improve the quality of your life?

(4) Will fellowship help you achieve your passion?

(5) Will fellowship improve your job options?

(6) What is the job market in our chosen profession at the time of graduation?

Your medical degree is your ticket to adventure! There are so many opportunities that are available to physicians don’t be afraid to pursue what makes you happy!

Doctors who own their own practice are the happiest and have the highest job satisfaction!