Costs of Life After Graduation
Activity
Active Large Group Session
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]