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The First Five Money Moves After Residency
If I were finishing residency today, I wouldn’t start with a complicated investing strategy. I’d start with a few boring moves that create margin and protection.
The attending paycheck creates options. It also creates temptation. I’d keep the first moves simple:
- Cash
- Protection
- High-interest debt
- Retirement accounts
- Slow lifestyle upgrades
The early attending years are a rare chance to build momentum before lifestyle catches up.
I’d probably add one more: don’t make your first attending paycheck your baseline lifestyle.
Want the longer version? Read it in MoneyRx
