Combining Finances: A Rite of Passage (Part 2)

As seen in Part 1, how you choose to combine your finances is a very personal decision between you and your partner. There are a host of factors that determine the best method. For those who have already combined finances, what worked earlier in the relationship is not guaranteed to stay that way as the…

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Vet Success Stories: 100% Debt Free, Including the Mortgage!

This USDA veterinarian (who wishes to remain anonymous), resides in the Midwest with her husband and children. She also works as a part time associate veterinarian. She wanted to share her story of becoming completely debt-free, including her mortgage!  1.Give us a little of your background and how you got started in veterinary medicine. After…

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10 Ways Veterinarians Can Prepare for the Next Recession

A recent plane ride had left me a bit nervous before takeoff. The weather at our destination was supposed to be pretty terrible, with a lot of wind and rain in the forecast. I braced myself for a bumpy plane ride. I was also crossing my fingers that my kids wouldn’t get sick on the…

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Increasing Income as a Veterinarian: 9 Strategies

Updated September 2021 When you hear the word “budget,” what do people usually think about doing first (other than running the other way as fast as possible)? They usually think about decreasing their spending, which is not very pleasant to think about. It brings about feelings of deprivation, scarcity, and hardship because now you have…

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Disability Insurance for Veterinarians: The Basics

Life insurance, although not pleasant to think about, is easy enough to understand. Benefits get paid out upon a person’s death. There is no “gray” area here according to the insurance company- you’re either dead or alive.  However, disability is not so black or white. How exactly does one define “disability?” It turns out that…

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Private Practice versus Academia- Looking At the Numbers

This guest post was submitted by The Vetducator, a veterinary professor with more than 20 years’ experience in academia.  He has served as a section chief, department chair, director of the internship selection committee, and on numerous faculty search committees.  He reads extensively on financial topics, notably the blogs Mr. Money Mustache, White Coat Investor,…

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The One Smart Money Move That New DVM Grads Can Start Today

As a new veterinary graduate starting your career, life can be overwhelming. You have just spent four intense years of your life preparing for this moment, not to mention all of those years of education and experience to get you into vet school. You are more than ready to finally practice as a full-fledged DVM.…

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