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Financial Survival after Medical School
Activity
Concept Integration and Review
Deductions levied on salaries. Budgeting, debt managment, insurance and estate planning. Retirement.

Curriculum Block

Concept Integration and Review / Post-clerkship
- Indicates most relevant

Objectives

Activity Objectives
  • List the various deductions levied on salary.
  • Summarize a mechanism for budgeting, debt management, insurance planning, and estate planning.
  • Start saving for retirement.

Tags

CanMEDS Roles
Leader/Manager Manage career in planning, finances, and health human resources in a practice
Curriculum Block
Concept Integration and Review Post-clerkship
Curriculum Week
Post-clerkship
Longitudinal Discipline
Financial Literacy
McMaster Program Competencies
5.3 Demonstrate altruism, appropriately balancing patient needs and self-interest/self-care 8.1 Demonstrate healthy coping mechanisms to respond to stress 8.4 Demonstrate awareness and acceptance of different points of view 8.5 Recognize that ambiguity is part of clinical health care and respond by utilizing appropriate resources in dealing with uncertainty 8.99 Other personal and professional development
MeSH
Financial Management [N03.219.463] Income [N01.824.417] Insurance [N03.219.521.576] Investments [N03.219.702] Practice Management [N04.452.758.708] Practice Management, Medical [N04.452.758.708.450] Professional Practice [N04.452.758] Salaries and Fringe Benefits [N01.824.417.700] Students, Medical [M01.848.769.602]

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