Money Monday

Taxes: facing the “T” word

tax time“T” is for “taxes.” (Almost) everyone has to pay them in some capacity. As a general rule when creating a personal budget, you should aim to live on about 65% of your earnings and save 10%. Sadly enough, the remaining 25% or so will go toward paying taxes. Read on for more information about your taxes as a new dentist…

The credit test: what’s your score?

Like most students, you probably spend the majority of your time focusing on school and exams. You may have heard the term “credit score,” but do you know what the term really means and how it could impact your future? Read on for the answers…

Yes, you should still save while paying off debt

Let’s assume you are a healthy young dental practitioner.  You are working and starting to pay off some of your school loans.  Suddenly, the unexpected happens and you are left physically unable to work.  Your disability insurance does not start paying benefits for six months.  To prepare for these and other unexpected circumstances, a general… Read more »

Money Monday: the credit card conundrum

The holiday season might just as well be called “spending season.” No one wants to sit at home while their friends are out at holiday parties and shopping. While indulging in these activities, it is easy to whip out your credit card and charge everything. After all, you can pay for it in the New Year, right? Not so fast. Before you put everything from gingerbread lattes to a new IPod for your sister on those credit cards, take a step back to think…

Money Monday: How do I pay for this?!

So you’ve jumped through the academic hoops of fire, rocked the DAT, and owned that high-pressure interview landing you in a dental school; Congratulations!…but what about the cost? According to the ADEA the average graduating dental student debt is over $200,000 not taking into account any debt from undergrad or living expenses. There are many options out there, but if you desire location choices and have a passion for philanthropy, two programs at any of the hundreds of available sites in the National Health Service Corps (NHSC) may be for you …