If you don’t know where your money is going, you can’t make it work for you. There is no more important financial advice I could give you as you traverse through medical school. I remember when I received my first loan check at the beginning of medical school, it was by far the most money I ever had in my hand at one time. But even though it has your name on it, it is not your money…it’s the government’s money, and they will want it back sooner than you think. Therefore, the less you borrow the better, and the better you manage your money, the less you will need to borrow.
For most newly minted medical students, the loan money they received for living expenses may possibly be the most money they’ve ever managed at one time. As the popular saying goes, “more money equals more problems,” and this could not be truer than for a MS-1 with a $2,000 loan check. So how do you keep track of where your money is going? How do you use your money wisely? Below I will answer those questions based on my experiences.
You just started medical school and are beginning to get used to the routine of lectures, labs, studying, and taking tests. While this is quite nostalgic of your undergraduate days, medical school will certainly challenge you in different ways. To help you navigate the next four years, we’ve prepared an overview of what to expect and when to make those important decisions.
By Walter Wiggins
With this post, we’d like to give you an overview of the timelines for the USMLE and the Match this year. Obviously, there will be variation in some of these dates for different institutions, but our hope is to take a little stress off of you by presenting you with a general timeline to guide your preparation for the three steps of the USMLE and this year’s residency Match. Deadlines will be in red text with the exact date of the deadline listed, for clarity.
A few months back, Vamsi and Jaysson posted a great article on iPad use in the hospital. However, their focus was on the use of iPads during residency. While they hit on some great points about order entry and care coordination, we’ll go over concerns specific to med students in this post.
At this point in time, only a few schools are taking major steps to integrate iPad use into their curricula. However, with the rising prevalence of e-textbooks and iPad-friendly electronic medical records (EMR) systems, students at many schools may benefit from using an iPad as an educational supplement in the classroom and on the wards.