The Physician Philosopher’s Guide to Personal Finance: The 20% of Personal Finance Doctors Need to Know to Get 80% of the Results

Book overview:

Medical training focuses on mastering the best care for patients, but it comes with a significant financial cost. With many graduates facing heavy debt and little guidance on personal finance, The Physician Philosopher’s Guide to Personal Finance offers a concise primer on managing money wisely so doctors can focus on their patients.

This book teaches readers how to effectively pay down student loans, invest smartly, and achieve financial freedom early in their careers. The introductory section is available to preview through the “Look Inside” feature.

Key topics covered include:

• Investing basics such as compound interest and time in the market versus timing the market
• Investment options and solid plan examples
• Strategies for tackling student loans
• Balancing debt repayment and investing throughout different career stages
• Asset protection including life, disability, and umbrella insurance
• Finding trustworthy financial advice while recognizing conflicts of interest
• The impact of lifestyle inflation after training and how to avoid it

Praise for The Physician Philosopher’s Guide to Personal Finance:

• “The first really good personal finance book a physician reads is worth millions over a lifetime. This is that book.” – James M. Dahle, MD (The White Coat Investor)
• “Dr. Turner applies the Pareto principle to deliver personal finance knowledge in a clear, no-nonsense way that physicians can grasp in one evening.” – Leif M. Dahleen, MD (Physician on FIRE)