✉️ Letter from the Co-founder and CEO

Welcome, Future Healthcare Innovators,

As you prepare to begin your residency, this April we’re focusing on practical advice to secure your financial health and maintain emotional balance. Our goal is to equip you with straightforward strategies for managing your finances and well-being in the unique context of residency.

Financial Health: Clear Actions

• Assess Your Financial Situation: Start with a clear view of your loans, expenses, and expected income. Use this understanding to craft a realistic budget.

• Explore Debt Management: Investigate repayment options and forgiveness programs specifically designed for healthcare professionals. Our Andwise tools are here to help simplify this process.

• Financial Planning Workshop: Join us to learn about creating a financial plan that’s both realistic and resilient, tailored for the early stages of your medical career.

Emotional Balance: Tangible Steps

• Schedule Health Appointments: Make time for any overdue check-ups or dental visits. Addressing health concerns now can reduce stress later.

• Establish a Balanced Routine: Focus on creating a daily routine that includes time for meals, exercise, and rest. Small changes can make a big difference in your overall well-being.

• Consider Your Living Space: Think about how your home can best support your needs. A calm, comfortable environment can significantly enhance your ability to relax and recharge.

Let's use this April to take meaningful steps toward financial clarity and emotional steadiness. Andwise is here to support you with resources and advice tailored to the demands of residency.

Warmest regards,
Kanav Jain
Co-founder and CEO, Andwise

📚️ What We’re Reading

Compiled by Tanya Frias, CFP®, Director of Financial Education and Empowerment at Andwise.

1. Budgeting Tips for Gen Z as the Cost of Living Eats into Your Savings by Alice Kantor, Bloomberg: This article addresses the financial challenges faced by Generation Z due to rising living costs. It provides practical advice from financial advisors on budgeting effectively and emphasizes the importance of saving, even with constraints, to reach financial goals and ensure long-term security.

2. Navigating the Housing Market Brick by Brick by Frank Sorrentino, Forbes: This article discusses the complexities of the current U.S. housing market, focusing on fluctuating interest rates, supply and demand imbalances, and the impact of economic confidence on housing. It also discusses the significance of understanding market dynamics, such as the effects of interest rates on affordability and the challenges posed by housing inventory shortages.

🗞️ New Andwise Resources

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