The Physician Philosopher’s Guide to Personal Finance

Review The Physician Philosopher’s Guide to Personal Finance


The Physician Philosopher’s Guide to Personal Finance


The second edition of James D. Turner’s “The Physician Philosopher’s Guide to Personal Finance: The 20% of Personal Finance Doctors Need to Know to Get 80% of the Results” is an essential guide to personal finance specifically aimed at students who are undergoing medical training. In the modern world today, medical training is expensive, meticulous, and time-consuming resulting in many students finding themselves burdened by debts and loans which can hinder the entire process if not planned ahead. Fortunately, in “The Physician Philosopher’s Guide,” Turner breaks down all the aspects of medical training that many consider daunting and complex and simplify them step-by-step to ensure a secured financial position. From the concept and execution of saving and budgeting, James D. Turner’s “The Physician Philosopher’s Guide” has managed to condense everything into a compact and cohesive book is a must-have for aspiring physicians in training. 

About the Author

James D. Turner, MD, is a husband, father of three, author, inventor, and blogger at The Physician Philosopher. More about his work can be found at He also happens to be a physician practicing academic anesthesiology. On a side note, he had managed to pay off all $200,000 of his student loan debt in 19 months and has increased his net worth by $250,000 in just 12 months out of training.

While in training, a few books and a couple of conversations opened his eyes to the fact that he had accrued way more debt than I should have in training, but (despite that), he could still be financially independent in his early 40’s.

Table of Contents

  • Acknowledgments
  • Table of Contents
  • Foreword
    • Chapter 1: Introduction
    • Chapter 2: Personal Finance Basics
    • Chapter 3: Conflicts of Interests
    • Chapter 4: Financial Choices in Medical School
    • Chapter 5: The Pareto Principle for Residency
    • Chapter 6: Student Loan Debt Management Part 1: Income-Driven Repayment and Public Service
    • Chapter 7: Student Loan Debt Management Part 2: Private Student Loan Refinancing Options
    • Chapter 8: Personal Finance During Residency
    • Chapter 9: Live Like A Resident (After Residency)
    • Chapter 10: A Tale of Two Doctors
    • Chapter 11: Investing After Residency
    • Chapter 12: How Much Do I Need?
    • Chapter 13: Asset Protection
    • Chapter 14: The Balance

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