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061: The Worst Financial Advice Vets Give Each Other
Manage episode 478759337 series 2880521
Ever noticed how veterinarians give each other the most conflicting financial advice? We've spotted some truly head-scratching tips being shared across vet med forums and Facebook groups. We're breaking down some popular but problematic mantras like "everyone should pay off their loans ASAP" or "always choose a Roth 401(k)” and tackling the biggest misunderstandings around tax filing status and production pay. Your finances deserve the same nuanced approach you give your patients — let's talk about finding YOUR path to financial success, not someone else's oversimplified version of it.
Key moments:
(04:06) The Roth 401(k) debate — what's right depends on your individual financial situation
(10:49) Marriage tax filing status should reflect your student loan repayment strategy
(17:11) Are your production bonuses really taxed more? The truth behind the withholding
(21:03) The math proves it: bigger paychecks win even with income-driven repayment
Link mentioned in this episode:
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