Have you ever googled a celebrity’s net worth? The term “net worth” is often associated with the ultra wealthy, but in reality everyone has their own net worth. True, your net worth may not look as impressive as your favorite entertainer, but, as a veterinarian, it should be a figure much more important to you. Why? Your net worth represents …
How Saving for Retirement Can Reduce Your Student Loan Payments
As a veterinarian, one of the toughest financial decisions you have to make is whether to save for retirement and take advantage of compounding growth, or aggressively pay down student loans and become debt-free. Typically in order to achieve one of these goals, you have to sacrifice the other. But what if by saving for retirement you were actually able …
Cash Flow is King: How Understanding Your Cash Flow Plays Into Veterinary Practice Ownership
There is a common misconception amongst veterinarians that personal debt, particularly student loan debt, is a huge roadblock toward securing financing and becoming a practice owner. While debt and student loans can certainly impact your ability to be approved for a loan, the mere presence of debt and loans is not the hindrance many believe it to be. Understanding …