--- title: "Welcome to Dr. Piggy Bank" url: https://drpiggybank.org/ description: "Dr. Piggy Bank was a beginner personal-finance guide for medical students and residents, covering the basics, savings, retirement accounts, investments, taxes and loan." --- # Welcome to Dr. Piggy Bank A beginner site to personal finance for the med student novice [Start with the Basics](https://drpiggybank.org/philosophy/) ## The reading room [01**Does High Blood Pressure Cause Fatigue?**Sep 16, 2026](https://drpiggybank.org/does-high-blood-pressure-make-you-feel-tired/) [02**Turkey Bacon for Weight Loss: Calories, Sodium and Limits**Sep 16, 2026](https://drpiggybank.org/is-turkey-bacon-good-for-weight-loss/) [03**Can You Use Nutritional Yeast to Make Bread?**Sep 16, 2026](https://drpiggybank.org/can-you-use-nutritional-yeast-to-make-bread/) [04**How to Calculate Your Calorie Deficit for Weight Loss**Sep 16, 2026](https://drpiggybank.org/how-to-calculate-calorie-deficit-for-weight-loss/) [05**Supplemental Dental Insurance With No Waiting Period**Sep 14, 2026](https://drpiggybank.org/supplemental-dental-insurance-with-no-waiting-period/) [06**Is Biotin Good for You? Benefits, Risks, and Evidence**Sep 14, 2026](https://drpiggybank.org/is-biotin-good-for-you/) [07**How to Choose an Enterprise Imaging Cloud PACS for Hospital: Buyer's Guide**Sep 11, 2026](https://drpiggybank.org/how-to-choose-an-enterprise-imaging-cloud-pacs-for-hospital-buyer-s-guide/) [08**SEOWriting.ai vs Autoblogging.ai for Hands Free Blog Automation**Sep 07, 2026](https://drpiggybank.org/seowriting-ai-vs-autoblogging-ai-for-hands-free-blog-automation/) More [09**Outrank Alternatives for SEO Agencies: 8 Automated Content Generation Tools Compared**Aug 23, 2026](https://drpiggybank.org/outrank-alternatives-for-seo-agencies-8-automated-content-generation-tools-compared/) [10**Radiant Health Saunas vs Saunacloud for Low-Emf Heaters**Aug 23, 2026](https://drpiggybank.org/radiant-health-saunas-vs-saunacloud-for-low-emf-heaters/) [11**Health Mate vs Saunacloud for Customizable Wellness Programs**Aug 20, 2026](https://drpiggybank.org/health-mate-vs-saunacloud-for-customizable-wellness-programs/) [12**Ambra Health vs Medicai for Cloud-Based Medical Imaging Solutions**Aug 12, 2026](https://drpiggybank.org/ambra-health-vs-medicai-for-cloud-based-medical-imaging-solutions/) [13**Who's the Best for Heavy-Duty: SBD Apparel vs Nordic Lifting**Aug 07, 2026](https://drpiggybank.org/who-s-the-best-for-heavy-duty-sbd-apparel-vs-nordic-lifting/) [14**Intelerad vs TeleRay vs Tricefy vs Medicai for Image Sharing**Aug 03, 2026](https://drpiggybank.org/intelerad-vs-teleray-vs-tricefy-vs-medicai-for-image-sharing/) [15**Who's the Best for RIS/PACS Integration: Intelerad vs Medicai**Aug 02, 2026](https://drpiggybank.org/who-s-the-best-for-ris-pacs-integration-intelerad-vs-medicai/) [16**Who's the Best for Mobile Access: PostDICOM vs Medicai**Jul 31, 2026](https://drpiggybank.org/who-s-the-best-for-mobile-access-postdicom-vs-medicai/) Earlier [17**Why Is Medicai the Best for Scalable Digital X-ray?**Jul 30, 2026](https://drpiggybank.org/why-is-medicai-the-best-for-scalable-digital-x-ray/) [18**Top 5 WhatsApp Business API Platforms for Small Businesses Who Need Automation Builder**Jul 27, 2026](https://drpiggybank.org/top-5-whatsapp-business-api-platforms-for-small-businesses-who-need-automation-builder/) [19**7 WhatsApp Marketing Software Platforms for Customer Success Teams**Jul 03, 2026](https://drpiggybank.org/7-whatsapp-marketing-software-platforms-for-customer-success-teams/) ## Why is this important?! - The average debt of medical students is**a lot.** - According to Association of American Medical Colleges, the class of 2018 graduated with a *mean debt of $188,758 if from a public school and $209,367 if from a private school*. - Physicians are **not wealthy**. - What is wealth? - Wealth is a measure of all physical and intangible assets owned by an individual after subtracting all debts. - Authors of The Millionaire Next Door, Thomas Stanley, PhD and William Danko, PhD, found that physicians are *big under accumulators of wealth*. (They have a whole bunch of formulas to determine a prodigious accumulator of wealth (PAW) vs. under accumulator of wealth (UAW) but we won’t get into the details). - Why? - Late start in earning - High student loan debt - Not living within means - *Low financial literacy* and lack of time dedicated to understanding finances especially when it comes to savings, retirement, and financial accounts. - We have **low financial literacy**. - While financial literacy is not a requirement to be a competent physician, the lack of understanding finances can significantly impact job satisfaction, productivity, and physician burn out rates. How comfortably are you talking about your finances? How well do you think you understand your finances and wealth? - ***The first step in becoming wealthy and financially literate is taking the time to understand basic concepts and common terms.*** ***Welcome!*** Disclaimer: Intent of information is to educate. We cannot take responsibility for any outcomes that may result following the application of this information. ## The guides - 01[Basics](https://drpiggybank.org/philosophy/)Pay your(future)self first! - 02[Savings Accounts](https://drpiggybank.org/savings-accounts/)What is a savings account? - 03[Retirement Accounts](https://drpiggybank.org/retirement-accounts/)What is a retirement account? - 04[Investments](https://drpiggybank.org/investments/)Things you can do with your money in your accounts, ideally to make more money but this is not guaranteed, so there are risks. - 05[Taxes](https://drpiggybank.org/taxes/)What are taxes? - 06[Loan Repayment](https://drpiggybank.org/loan-repayment/)Section is summarized and abridged as there are many resources available for loan repayment but included, since personal finances would not be inclusive without discussion of loan repayment. - 07[Things To Do Now](https://drpiggybank.org/things-to-do-now/)Things you can do now to help yourself - 08[More Resources](https://drpiggybank.org/more-resources/) ## Contact and the reader survey ### Contact If you have any questions, feedback, or general comments, please feel free to contact me. Questions about this archive: . The original [contact page](https://drpiggybank.org/form__map/) is kept as it was. ### Please take this survey! https://goo.gl/forms/gBjZnIldTobfYcqA2 The survey is recorded here as it was published; see [the survey page](https://drpiggybank.org/take-the-survey/).