5 Financial Mistakes Commonly Made by Physicians

Practice Management

In a Medscape Business of Medicine article, Dennis G. Murray, a freelance writer from Vernon, N.J., discusses five common financial mistakes that physicians tend to make.

The five mistakes are:

 

1. Assuming that all bonds are "safe" investments.
2. Lending money to friends or relatives.
3. Acting impulsively on a "hot tip."
4. Failing to bill properly.
5. Not saving for a rainy day.

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