Part of thriving in your career as a veterinarian is learning to manage your finances. Among other things, this means finding the right strategy to pay down debt, making and managing a budget, and planning for the future. From veterinary school through retirement, AVMA tools can help. Use them to plan for your future and stay on a road to financial health.
From budgeting to goal setting to managing cash flow, these resources can help make money management simpler and less confusing, regardless whether you’re a new graduate or nearing retirement.
This AVMA-exclusive tool lets you build a personalized budget estimate so you can plan for the future while meeting your current needs. It walks you through the essential steps of budgeting – and lets you experiment with scenarios to see what will work best for you.
Earn CE while learning strategies and practical tactics to maximize your financial health. Webinar topics include how to improve your personal finances, grow practice profitability, and more.
Find links to calculators that help you estimate cost of living, credit card scenarios, car ownership costs, retirement needs, and more.
Dealing with student debt
Student debt is a reality for veterinarians, and finding creative solutions to alleviate the veterinary debt load is a top priority for the AVMA. Both on our own and in concert with other groups across the profession, we develop tools and advance public policies that help address veterinary debt. Use these resources to manage your own educational debt.
Devoting part or all of your career to public service, non-profit work, or rural practice can be a strategy to manage student debt.
Examine the student loan landscape to understand your best options and what to consider in making repayment decisions. Free for AVMA members.
The Federal Student Aid site shares pros and cons of loan consolidation, describes the application process, and lists factors to consider in deciding whether to consolidate.
There are many reasons why you might not be able to make payments on your student loans. Explore your options to avoid default.