Academic Literature

Academic Literature on Medical Professional Personal Finance

The literature is arranged in reverse chronological order, with most recent publications at the top of the list.


Heilman AM, Labak CM. Financial considerations for the transition into residency. World Neurosurgery. 2020;134:231-232. doi:

Ivy A, Standiford K, Mizell J. Financial planning for colorectal surgeons. Seminars in Colon and Rectal Surgery. 2020;31(1):100713. doi:

Calafell J, Cohen JL. What the heck are RVUs? A guide to productivity based compensation. Seminars in Colon and Rectal Surgery. 2020;31(1):100711. doi:

Poppler LH, Sharma K, Buck DW, Myckatyn TM. Five financial pearls for medical students, residents, and young surgeons. Plastic and reconstructive surgery.Global open. 2019;7(2):e1992. doi: 10.1097/GOX.0000000000001992.

Adetayo OA, Ford RS, Nair L, Eliann Reinhardt M. The Oxymoron of Financial Illiteracy in a Highly Educated Population: Are We Appropriately Equipping Trainees?. Plast Reconstr Surg Glob Open. 2019;7(7):e2329. Published 2019 Jul 5. doi:10.1097/GOX.0000000000002329

Jennings JD, Quinn C, Ly JA, Rehman S. Orthopaedic Surgery Resident Financial Literacy: An Assessment of Knowledge in Debt, Investment, and Retirement Savings. Am Surg. 2019;85(4):353–358.

Mizell, Jason S., Thrush, Carol R., Steelman, Susan. The business of medicine: A course to address the deficit in financial knowledge of fourth-year medical students. Medical Practice Management. 2019:344-350.

Daily JA, Gutierrez SC, Bolin E. The most important financial year of your life: Recommendations for the transition from resident to practicing pediatrician. Clin Pediatr. 2018;57(11):1266. doi: 10.1177/0009922818772055.

Wong R, Ng P, Bonino J, Gonzaga AM, Mieczkowski AE. Financial attitudes and behaviors of internal medicine and internal medicine-pediatrics residents. J Grad Med Educ. 2018;10(6):639-645. doi: 10.4300/JGME-D-18-00015.1 [doi].

Connelly P, List C. The effect of understanding issues of personal finance on the well-being of physicians in training. WMJ. 2018;117(4):164-166.

Tevis SE, Rogers AP, Carchman EH, Foley EF, Harms BA. Clinically competent and fiscally at risk: Impact of debt and financial parameters on the surgical resident. Journal of the American College of Surgeons. 2018;227(2):163-171.e7. doi: 10.1016/j.jamcollsurg.2018.05.002.

Bar-Or YD, Fessler HE, Desai DA, Zakaria S. Implementation of a comprehensive curriculum in personal finance for medical fellows. Cureus. 2018;10(1):e2013. doi: 10.7759/cureus.2013 [doi].

McKillip R, Ernst M, Ahn J, Tekian A, Shappell E. Toward a resident personal finance curriculum: Quantifying resident financial circumstances, needs, and interests. Cureus. 2018;10(4):e2540. doi: 10.7759/cureus.2540.

Kuhn GJ, Marco CA, Mallory MNS, et al. Financial planning and satisfaction across life domains among retired emergency physicians in the united states. Am J Emerg Med. 2018;36(3):508. doi: 10.1016/j.ajem.2017.06.059.

Mills AM, Champeaux A. Financial health for the pathology trainee: Fiscal prevention, diagnosis, and targeted therapy for young physicians. Arch Pathol Lab Med. 2018;142(1):12. doi: 10.5858/arpa.2017-0360-ED.

Boehnke M, Pokharel S, Nyberg E, Clark T. Financial education for radiology residents: Significant improvement in measured financial literacy after a targeted intervention. Journal Of The American College Of Radiology: JACR. 2018;15(1):97-99.e1. doi: 10.1016/j.jacr.2017.06.020.

Lundgren AD. Establishing financial literacy: What every resident needs to know. Cutis. 2018;101(5):E8.

Shappell E, Ahn J, Ahmed N, Harris I, Park YS, Tekian A. Personal finance education for residents: A qualitative study of resident perspectives. AEM Education And Training. 2018;2(3):195. doi: 10.1002/aet2.10090.

Daily J, Collins RT, Bolin E. Personal finance for pediatric trainees. Clin Pediatr (Phila). 2017;56(4):313-315. doi: 10.1177/0009922816669789 [doi].

Ahmad FA, White AJ, Hiller KM, Amini R, Jeffe DB. An assessment of residents' and fellows' personal finance literacy: An unmet medical education need. International Journal Of Medical Education. 2017;8:192. doi: 10.5116/ijme.5918.ad11.

Yoo PS, Tackett JJ, Maxfield MW, Fisher R, Huot SJ, Longo WE. Personal and professional well-being of surgical residents in new england. J Am Coll Surg. 2017;224(6):1015. doi: 10.1016/j.jamcollsurg.2016.12.024.

Reinhardt UE. The net present value and other economic implications of a medical career. Acad Med. 2017;92(7):907. doi: 10.1097/ACM.0000000000001582.

Borrelli M, Farwana R, Agha R. Financial management in a medical career. IJS Short Rep. 2017(3):31-34. doi: 10.4103/ijssr.ijssr_11_17.

Jayakumar KL, Larkin DJ, Ginzberg S, Patel M. Personal financial literacy among U.S. medical students. MedEdPublish. 2017;6(1):1-23. doi: 10.15694/mep.2017.000035.

Silva AK, Song DH. Discussion: Making the end as good as the beginning: Financial planning and retirement for women plastic surgeons. Plast Reconstr Surg. 2016;138(4):941-942. doi: 10.1097/PRS.0000000000002557 [doi].

Johnson DJ, Shenaq D, Thakor M. Making the end as good as the beginning: Financial planning and retirement for women plastic surgeons. Plast Reconstr Surg. 2016;138(4):935-940. doi: 10.1097/PRS.0000000000002556 [doi].

Vyas KS, Mardini S, Phillips LG, Gosman AA, Vasconez HC. Financial planning for the plastic surgery residency applicant. Plast Reconstr Surg. 2016;137(2):497e-499e. doi: 10.1097/PRS.0000000000002118 [doi].

Billingsley, Randy, Gitman L, Joehnk M. Personal financial planning. USA: Cengage Learning; 2016.

Silver MP, Hamilton AD, Biswas A, Warrick NI. A systematic review of physician retirement planning. Human Resources For Health. 2016;14(1):67.

Johnson DJ, Shenaq D, Thakor M. Making the end as good as the beginning: Financial planning and retirement for women plastic surgeons. Plast Reconstr Surg. 2016;138(4):935. doi: 10.1097/PRS.0000000000002556.

Young TP, Brown MM, Reibling ET, et al. Effect of educational debt on emergency medicine residents: A qualitative study using individual interviews. Ann Emerg Med. 2016;68(4):409. doi: 10.1016/j.annemergmed.2016.04.013.

Silva AK, Song DH. Discussion: Making the end as good as the beginning: Financial planning and retirement for women plastic surgeons. Plast Reconstr Surg. 2016;138(4):941. doi: 10.1097/PRS.0000000000002557.

Keele S, Alpert PT. Retirement financial planning and the RN: An integrative literature review. J Nurs Adm. 2015;45(10 Suppl):21. doi: 10.1097/NNA.0000000000000249 [doi].

Bar-Or Y. Empowering physicians with financial literacy. J Med Pract Manage. 2015;31(1):46-49.

Witek M, Siglin J, Malatesta T, et al. Is financial literacy necessary for radiation oncology residents? Int J Radiat Oncol Biol Phys. 2014;90(5):986. doi: 10.1016/j.ijrobp.2014.08.010.

Thacker PG. Personal finance for the radiology resident: A primer. Journal of the American College of Radiology. 2014;11(2):205. doi: 10.1016/j.jacr.2013.09.005.

Fernandes D, Lynch JG, Jr., Netemeyer RG. Financial literacy, financial education, and downstream financial behaviors. Management Science. 2014;60(8):1861.

Phillips JP, Petterson SM, Bazemore AW, Phillips RL. A retrospective analysis of the relationship between medical student debt and primary care practice in the united states. Annals of Family Medicine. 2014;12(6):542. doi: 10.1370/afm.1697.

Rohlfing J, Navarro R, Maniya OZ, Hughes BD, Rogalsky DK. Medical student debt and major life choices other than specialty. Medical Education Online. 2014;19:25603. doi: 10.3402/meo.v19.25603.

Tapia NM, Milewicz A, Whitney SE, Liang MK, Braxton CC. Identifying and eliminating deficiencies in the general surgery resident core competency curriculum. JAMA Surgery. 2014;149(6):514. doi: 10.1001/jamasurg.2013.4406.

Mizell JS, Berry KS, Kimbrough MK, Bentley FR, Clardy JA, Turnage RH. Money matters: A resident curriculum for financial management. J Surg Res. 2014;192(2):348. doi: 10.1016/j.jss.2014.06.004.

Meleca JB, Tecos M, Wenzlick AL, Henry R, Brewer PA. A medical student elective course in business and finance: A needs analysis and pilot. Medical Student Research Journal. 2014;4((Fall)):18-23. Accessed January 17, 2019.

McNeeley MF, Perez FA, Chew FS. The emotional wellness of radiology trainees: Prevalence and predictors of burnout. Acad Radiol. 2013;20(5):647-655. doi: 10.1016/j.acra.2012.12.018 [doi].

Frintner MP, Mulvey HJ, Pletcher BA, Olson LM. Pediatric resident debt and career intentions. Pediatrics. 2013;131(2):312. doi: 10.1542/peds.2012-0411.

Carpenter MT, Hehmeyer RL. Qualified spousal trusts. new missouri law provides financial planning flexibility for married doctors. Mo Med. 2012;109(6):451.

Grayson MS, Newton DA, Thompson LF. Payback time: The associations of debt and income with medical student career choice. Med Educ. 2012;46(10):983. doi: 10.1111/j.1365-2923.2012.04340.x.

Steiner JW, Pop RB, You J, et al. Anesthesiology residents' medical school debt influence on moonlighting activities, work environment choice, and debt repayment programs: A nationwide survey. Anesth Analg. 2012;115(1):170. doi: 10.1213/ANE.0b013e318248f61d.

Prabhakaran S, Cevasco M, Mouawad NJ. Financial planning for residents. Bull Am Coll Surg. 2011;96(8):23-27.

Liebzeit J, Behler M, Heron S, Santen S. Financial literacy for the graduating medical student. Med Educ. 2011;45(11):1145. doi: 10.1111/j.1365-2923.2011.04131.x.

Prabhakaran S, Cevasco M, Mouawad NJ. Financial planning for residents. Bull Am Coll Surg. 2011;96(8):23.

West CP, Shanafelt TD, Kolars JC. Quality of life, burnout, educational debt, and medical knowledge among internal medicine residents. JAMA: Journal of the American Medical Association. 2011;306(9):952. doi: 10.1001/jama.2011.1247.

Brown KA. Examining the influence of financial literacy education on financial decision-making among graduate level health professions students. ProQuest Information & Learning; 2010.

Kahneman D, Deaton A. High income improves evaluation of life but not emotional well-being. Proc Natl Acad Sci U S A. 2010;107(38):16489. doi: 10.1073/pnas.1011492107.

Hauge LS, Frischknecht AC, Gauger PG, et al. Web-based curriculum improves residents' knowledge of health care business. J Am Coll Surg. 2010;211(6):777. doi: 10.1016/j.jamcollsurg.2010.07.011.

Hammick M, Dornan T, Steinert Y. Conducting a best evidence systematic review. part 1: From idea to data coding. BEME guide no. 13. Med Teach. 2010;32(1):3. doi: 10.3109/01421590903414245.

Chui MA. An elective course in personal finance for health care professionals. Am J Pharm Educ. 2009;73(1):6.

Morra DJ, Regehr G, Ginsburg S. Medical students, money, and career selection: Students' perception of financial factors and remuneration in family medicine. Fam Med. 2009;41(2):105.

McDonald FS, West CP, Popkave C, Kolars JC. Educational debt and reported career plans among internal medicine residents. Ann Intern Med. 2008;149(6):416.

Morra DJ, Regehr G, Ginsburg S. Anticipated debt and financial stress in medical students. Med Teach. 2008;30(3):313. doi: 10.1080/01421590801953000.

Colthart I, Bagnall G, Evans A, et al. The effectiveness of self-assessment on the identification of learner needs, learner activity, and impact on clinical practice: BEME guide no. 10. Med Teach. 2008;30(2):124-145. doi: 10.1080/01421590701881699.

Dhaliwal G, Chou CL. A brief educational intervention in personal finance for medical residents. Journal Of General Internal Medicine. 2007;22(3):374.

Davis DA, Mazmanian PE, Fordis M, Harrison RV, Thorpe KE, Perrier L. Accuracy of physician self-assessment compared with observed measures of competence: A systematic review. JAMA: Journal of the American Medical Association. 2006;296(9):1094. doi: 10.1001/jama.296.9.1094.

Teichman JM, Cecconi PP, Bernheim BD, et al. How do residents manage personal finances? Am J Surg. 2005;189(2):134.

Glaspy JN, Ma OJ, Steele MT, Hall J. Survey of emergency medicine resident debt status and financial planning preparedness. Acad Emerg Med. 2005;12(1):52.

Glaspy JN, Ma OJ, Steele MT, Hall J. Survey of emergency medicine resident debt status and financial planning preparedness. Acad Emerg Med. 2005;12(1):52.

Hira TK, Loibl C. Understanding the impact of employer-provided financial education on workplace satisfaction. J Consumer Aff. 2005;39(1):173. doi: 10.1111/j.1745-6606.2005.00008.x.

Teichman JM, Matsumoto E, Smart M, et al. Personal finances of residents at three canadian universities. Canadian Journal Of Surgery.Journal Canadien De Chirurgie. 2005;48(1):27.

Jolly P. Medical school tuition and young physicians' indebtedness. Health Aff. 2005;24(2):527. doi: 10.1377/hlthaff.24.2.527.

Greene AK, Puder M. A resident's guide to personal finance. Curr Surg. 2002;59(4):423.

Collier VU, McCue JD, Markus A, Smith L. Stress in medical residency: Status quo after a decade of reform? Ann Intern Med. 2002;136(5):384.

Burg B. Young doctors face a steep climb. Med Econ. 2001;78(16):82.

Teichman JM, Bernheim BD, Espinosa EA, et al. How do urology residents manage personal finances? Urology. 2001;57(5):866.

Teichman JM, Tongco W, MacNeily AE, Smart M. Personal finances of urology residents in canada. Can J Urol. 2000;7(6):1149.

Terrell C, Hindle D. Debt management and financial planning support for primary care students and residents at boston university school of medicine. Acad Med. 1999;74(1):S133.