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Costs of Life After Graduation
Activity
Active Large Group Session

Curriculum Block

Integration Foundation / Part 5 / Week 3
- Indicates most relevant

Objectives

Activity Objectives
  • Define RESP, RRSP and TFSA, and the rules for each program.
  • Define the components of an investment portfolio and investment vehicles.
  • Evaluate the impact of compound interest and its effect on returns.
  • Define a T-rex score.
  • Identify the sources of debt in medical school and residency.
  • Summarize how to consolidate debt and analyze whether to do so.
  • Name the resources available to manage one’s debt.

Tags

CanMEDS Roles
Leader/Manager Manage career in planning, finances, and health human resources in a practice
Curriculum Block
Integration Foundation Part 5 Week 3
Curriculum Week
IF Week 11
Longitudinal Discipline
Financial Literacy
McMaster Program Competencies
8.1 Demonstrate healthy coping mechanisms to respond to stress 8.3 Develop the ability to use self-awareness of knowledge, skills, and emotional limitation to seek help appropriately 8.4 Demonstrate awareness and acceptance of different points of view 8.99 Other personal and professional development
MeSH
Financial Management [N03.219.463] Financing, Organized [N03.219.521]

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