After years of education and training, many physicians begin their careers with some hefty student loan debt. Once you become a parent, it can be intimidating to put money aside for your child’s education, especially if you’re still paying off your own. Here are some ways you can save for college without derailing your own financial goals: Prioritize Your Own Finances as a Physician Continue Reading
College Savings 101: The Downsides of 529 Plans
529 Savings plans are the most popular college savings methods, and with good reason. There are so many good reasons to use 529 plans to save for your child’s education, like: Investments are tax-deferred, meaning your withdrawals will be tax-free 529 plans earn interest, similar to mutual funds Contribution limits are high You can invest automatically with monthly Continue Reading