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Are Doctors Typical or A-typical?
Here is what typical Americans earn in salary, spend in a month, and how they pay their bills. Now, compare this to physicians and other medical professionals.
This analysis suggests that many people [even some doctors] are most likely spending more than they earn each month. It also shows steady movement away from cash and checks toward plastic and electronic payment instruments, which can result in unfamiliar or unchecked fees and interest charges that can increase overspending and indebtedness.
Source: creditdonkey.com
Assessment
Managing your spending and payments will help track monthly expenditures.
Conclusion
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Filed under: Financial Planning, Funding Basics, iMBA, Inc. | Tagged: doctor personal expenses, doctor salary, physician income, physician pay, Where Does our Salary Go? | 8 Comments »
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