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Showing posts with the label #financialliteracy #instagram #doctors #genderbias #healthcareworkers #qip #qualityimprovementproject

Financial Literacy in Healthcare Workers - My QIP

  Hey all Why such a dry topic? Well this dry topic has annoyed me like my dry scalp in winters. Post residency, I had a decent salary in hand and didn't know what to do. I had just come out of a bad health crisis, so party was the last thing I'd do.  I sat down and navigated money management . Its been about a year and I am still exploring things. When I would go upto my colleagues to ask about their savings and investment strategies , I noticed something interesting.  Gender bias . Like a curious kid in the world of finance I would bombard them with questions.I found something interesting gender wise . Honestly majority of the doctors were unaware about where there investments are going. Male doctors acted like they got things figured out by Investing in the traditional real estate , mutual funds ( Suggested by their friends or CAs) , in worst scenarios Fixed Deposits. There was no logic why a certain mutual fund was picked , why a certain stock was picked . It wa