Scrubs and Soy Sauce

How to be financially stable as an intern | Kev's episode

05.02.2023 - By Miki Rai and Dr. KevPlay

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Dr. Kev takes on the podcast solo this week on how to be financially stable as a new intern in medicine! What should you do when you’re making money for the first time, but also have the weight of student debt?! Kevin shares some of the tips that he’s learned and things colleagues have always said they *wish* they knew.

00:00 - Intro

00:56 - How the U.S medical system works and residency

02:27 - How to manage student loans

05:20 - Loan forgiveness and how to qualify

06:50 - Steps to organize your student loans and initiate a repayment program

10:25 - Summary of the types of repayment programs

13:31 - Retirement plans / 403b

16:39 - Using a high yield savings account

17:55 - Budgeting and realistic expenses 

20:35 - Conclusion

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