Despite their high salaries, not all doctors are wealthy, and some live paycheck to paycheck. Here are 5 reasons why many doctors today are broke.

While most doctors have deep specialized knowledge, there’s a big difference between being smart in your profession and being smart with money. If you’re an aspiring physician worried about becoming a broke doctor, put in the time as soon as possible to advance your financial education. This video is a great place to start.

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TIME STAMPS:
00:00 - Introduction
00:14 - 1 | Believing They are Universally Smart
01:36 - 2 | Overspending Too Soon
03:38 - 3 | Decreasing Salaries
04:31 - 4 | Increasing Costs of Private Practice
06:15 - 5 | Tuition Debt
07:54 - Is Becoming a Doctor Worth It?

LINKS FROM VIDEO:
Med School Insiders Balance & Wellness Scholarship: https://medschoolinsiders.com/medical...
Money, Investing, Finances (Playlist):    • Money, Investing, Finances  
How To Afford Medical School | Do You Need To Be RICH To Become a Doctor?:    • How To Afford Medical School | Do You...  
The Changing Cost of Medical School:    • The Changing Cost of Medical School  
Student Loans 101 | College & Medical School:    • Student Loans 101 | College & Medical...  

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Disclaimer: Content of this video is my opinion and does not constitute medical advice. The content and associated links provide general information for general educational purposes only. Use of this information is strictly at your own risk. Kevin Jubbal, M.D. and Med School Insiders LLC will not assume any liability for direct or indirect losses or damages that may result from the use of information contained in this video including but not limited to economic loss, injury, illness or death. May include affiliate links to Amazon. As an Amazon Associate, I may earn a commission on qualifying purchases made through them (at no extra cost to you).