Financially Free Physicians

From Rounds to Receipts: The Complete Resident's Cashflow Guide


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Residency is a financial tightrope — you've got the education of a doctor but the paycheck of... well, not a doctor. You'll learn how to create a realistic cash flow plan without micromanaging every decision, how single residents navigate differently than couples, and when buying a house during residency makes sense (or doesn't). Listen in for practical advice without the judgment, shame, or complicated spreadsheets

Key moments:

(07:10) Start your cash flow plan by tracking regular bills first, then variable expenses (13:55) Borrowing extra during residency depends entirely on your repayment strategy (24:31) Credit card interest destroys wealth — always pay statements in full (34:35) Key questions residents should ask when comparing renting vs. buying a house (44:57) Should you save during residency — and if so, pretax or Roth?

Doctors know best... about medicine. Book a free intro call to give your finances a second opinion. Just browsing? Learn more about us at SLP Wealth.

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Financially Free PhysiciansBy Sim Terwilliger, CFP®, CSLP®