award icon Created with Sketch. calendar certificate clock icon Created with Sketch. E3102F58-39B7-46A0-8807-E0F8514AF64F Created with sketchtool. B48371CD-7E6B-424D-A27D-C47F740A4CE9 Created with sketchtool. graduation-cap-v2 BE74797F-D7BA-4121-9C80-10A96FDA86F0 Created with sketchtool. 0260AD13-A00B-4C10-833D-FC53567907CE Created with sketchtool. moneystack Created with Sketch. nib icon 12-5 Created with Sketch. resume icon Created with Sketch. E2B92C1B-84F1-409E-84D3-5740C0E9A496 Created with sketchtool.
Loading...Please Wait
TIME: 2.5HRS
A Physician's Guide to Managing Debt
The Smart Way to Use Debt and Avoid Debt Problems

Debt can help physicians to reach their personal goals, but it's important to choose the types of debt that use your money more effectively and are easier to pay off. Doctors should also learn what types of debt to steer clear of; how to avoid getting in over their head, and which strategies are best for paying off debt. This course will cover:

  • Reasons for debt and types of debt
  • What to look for when taking out a mortgage
  • The psychology of taking on and living with debt
  • Physicians' biggest debt mistakes
  • Managing and paying off your debt
READ MORE
5 CHAPTERS
Reasons for Debt and Types of Debt
This chapter discusses why most physicians have debt, as well as the types of debt that physicians might take on and the best strategies to manage it.
START
Taking Out a Mortgage
Physicians will learn about important considerations before taking out a mortgage and how to evaluate the various types of mortgages that may be available.
START
The Psychology of Taking On and Living with Debt
This chapter talks about attitudes and biases toward debt that influence how you decide whether or not to take on debt, how much, and what kind.
START
Physicians' Biggest Debt Mistakes
Physicians may typically encounter certain savings and debt pitfalls. This chapter will tell you what they are and how to avoid them.
START
Managing and Paying Off Your Debt
Physicians will learn tactics and strategies for paying off debt, how to decide which debts to pay off first, and where investing fits into paying down debt.
START
test your knowledge
Earn Medscape Academy Certificate
start
ACADEMY CERTIFICATE EARNED
View Course Certificate
view
This content will become available after you have completed the prior chapters.
AUTHORS
Ned Palmer, MD MPH
COO, Co-Founder, Panacea Financial. Staff Physician, Department of Medical Critical Care, Boston Children's Hospital, Boston, Massachusetts
Michael Jerkins, MD MEd
President, Co-Founder, Panacea Financial. Physician, Department of Internal Medicine and Pediatrics, Baptist Health, Little Rock, Arkansas
Beth Braverman
Freelance writer, New York, NY
ABOUT
PHYSICIAN BUSINESS ACADEMY

Medscape Physician Business Academy is designed to help all physicians, employed and self-employed as well as new and more established practicing physicians, become successful in their medical practice and career by providing the essential business information that most medical schools and residency programs don't teach.

VIEW ALL COURSES
COURSE BENEFITS

BY COMPLETING 8 COURSES YOU WILL RECEIVE A CERTIFICATE OF COMPLETION. AFTER COMPLETING EACH COURSE, YOU’LL RECEIVE A LETTER OF COMPLETION.

EARN
PHYSICIAN BUSINESS ACADEMY CERTIFICATE
Medscape Physicians Business Academy course content is provided for educational and information purposes only. If you have particular questions or concerns relating to your practice you should consult the appropriate legal, financial or other expert.