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Debt Management and Life after Dental School. Todd Cockrell, DMD Kelly Richards . “Live Today to Create Tomorrow”. Our challenge and encouragement for you as we get to talk today:. @ASDAnet. #ASDAnet. What decisions do you need to make first. @ASDAnet. #ASDAnet.
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Debt Management and Life after Dental School Todd Cockrell, DMD Kelly Richards
“Live Today to Create Tomorrow” Our challenge and encouragement for you as we get to talk today: @ASDAnet #ASDAnet
What decisions do you need to make first... @ASDAnet #ASDAnet
Decision 1 - Post Graduate Choices: Decision 2 - Geography vs Opportunity:Decision 3 - Practice Environment • Specializing • General Practice Residency or AEGD • Private / Group Practice • Military Service or Public Health • Academic Dentistry and / or Research @ASDAnet #ASDAnet
Visions Goals Review The Big Picture( Map out your game plan ) -------------------------------- • Strategies • Tactics • Tools @ASDAnet #ASDAnet
Why ? @ASDAnet #ASDAnet
Income / Salary Student Debt Living Requirements “Big Picture” Requirements ... Financial Realities You Need to Know in Order to Plan @ASDAnet #ASDAnet
** FACT - only 1 out of 100 Dentists Know the number or amount of money they must save each month to reach their goals and achieve their milestone events in their career Do you Know Your Number? @ASDAnet #ASDAnet
“Everyone says they know what to do, but the reality is, only a small few will actually ever do what they know”- Anthony Robbins - @ASDAnet #ASDAnet
Student Debt Realities and Choices: Plans to Choose From: You’ll have 10-25 years to repay your loan, depending on which repayment plan you choose. • Standard Repayment • Extended Repayment • Graduated Repayment • Income Contingent Repayment • Income Based Repayment @ASDAnet #ASDAnet
Visions Goals Review The Big Picture( Map out your game plan ) -------------------------------- • Strategies • Tactics • Tools @ASDAnet #ASDAnet
Visions Goals Review The Big Picture( Map out your game plan ) -------------------------------- • Strategies • Tactics • Tools @ASDAnet #ASDAnet
The sooner you have clear and detailed visions and goals, the quicker you will be able to map out your game plan... Then and only then can choose your Strategies,Tactics and Tools to accomplish what you want @ASDAnet #ASDAnet