Nobody’s perfect, especially when it comes to managing money. I have yet to meet someone who’s never made a financial mistake. I’ve made my share of mistakes, but fortunately I learned from them and recovered early on.
How much time and effort doctors put into their medical education, it’s equally surprising and sad how little effort often goes into understanding basic personal finance and money management matters.
This one begins early for most medical students as they get into the habit of living beyond their means. Student loans, car loans, credit card loans, vacation loans, and poorly designed mortgages.