Discovery Resource # C-07

Buying a home is probably the biggest and most important investment you can make. It is important to determine how much home you can really afford, and how much will that home cost you in the end? Read More...

Discovery Resource # C-06

Use this calculator to help determine your estimated tax liability along with your average and marginal tax rates. "High-income" workers may experience an increase in federal taxes and beyond due to new provisions such as personal exemption phaseouts, limits to itemized deductions, Medicare tax on investment income, and a new top tax bracket. Read More...

Discovery Resource # C-05

When you borrow money for college and medical school you might not be thinking about your ability to repay the loan once you graduate. Outstanding student loan balances may infringe upon your ability to qualify for a home, auto and other personal loans. Use this tool to help gauge the feasibility of your student loan repayment with your anticipated future income. Read More...

Discovery Resource # C-04

Over the course of a loan amortization you will spend hundreds, thousands, and maybe even hundreds of thousands in interest. By making a small additional monthly payment toward principal, you can greatly accelerate the term of the loan and, thereby, realize tremendous savings in interest payments. Use our extra payment calculator to determine how much more quickly you may be able to pay off your debt. Read More...

Discovery Resource # ST-09

For most physicians, whether you’ll ever be wealthy depends on how you spend your first paycheck post training. The secret to building wealth as a physician is to grow into your attending income as slowly as possible, especially in that first year out of training.

This chapter will help equip you with the mindset needed to make good financial decisions for your first 12 paychecks to help you pay down your student loans, save up for a down payment on your dream home and build a substantial retirement nest egg within just a few years of residency graduation.
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