Use this checklist to prepare for your first year of residency.
- Organize your loan portfolio.
- Learn what loan repayment options are available.
- Creating a monthly budget and spending plan.
- Familiarize yourself with your stipend and how much take-home funds you will have.
- Research the cost of living for your residency location.
- Prepare to live life on a resident stipend.
- Create financial goals for residency and beyond.
- Know how to begin contributing to your retirement.
- Start thinking about your financial goals.
- Consider factors such as insurance and speak with your Benefits Office.