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Showing posts from January, 2022

Financial knowhow for doctors: Why it is important

Building a career in medicine is a lengthy affair. Starting immediately after school, it demands years of dedication and unwavering focus to surmount an array of examinations to finally be able to start a decent and respectable practice. Barring the quintessential meritorious lot, for most average aspirants it can take anywhere between 10 to 15 years before one finds any semblance of settlement. Family and social lives bear the brunt. Finally when we budding doctors emerge from our cocoons after getting done with training, our knowledge is limited and restricted strictly within the ambit of medicine. When it comes to any other field, be it literature, politics, social science, our lack of awareness attains miserable proportions. One such field where most of us lack even basic knowhow is money and investments. Compared to our peers, we invariably start earning late. The first taste of money comes only during internship. Concept of savings and investment at that stage seems alien. More s...