The series of Debt Management sessions was conceived not only to assist students with the management of their educational debt but also with teaching the elements of personal finance. We have established 12 sessions a year on financial topics identified by students through focus groups. Some of the sessions have been video taped for video streamed presentations so that students who could not attend could gain access to this important information 24/7. This year we are going to be upgrading this section of our web site making it more dynamic and interesting and hope to add new videos and update the old ones -- giving them a consistent look. Stay tuned.
As you know, most students are anxious about financing their medical education and the debt that results. We hope that these sessions will help students alleviate this anxiety and reinforce the benefits of obtaining an M.D. degree. Some sessions have been designed to assist students with the transition both to and from medical school. Other sessions are presented by credit professional to help students understand the impact of credit card debt and of credit reporting.
Smart Budgeting
This session focuses on short-term financial planning, guiding students through the process of creating a budget and managing finances. It features cost-saving tips and strategies to keep student loan borrowing to a minimum.
There are two versions of the session, a basic and advanced. The basic version was produced for Edfund and the advanced version is for UCLA medical students and residents.
Long Term Planning: Securing Your Financial Future
Check out our latest video streamed session, "Long Term Planning: Securing Your Financial Future." We developed this session so you can learn to identify and develop your financial goals. You learn about the importance of saving, investing and protecting your assets. You receive an overview of the most common retirement plans. You'll also find a glossary of terms, FAQs and worksheets to help you understand and clarify the concepts and terminology.
There are two versions of the session, a basic and advanced. The basic version was produced for Edfund and the advanced version is for UCLA medical students and residents.
More Sessions:
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Drowning In Debt
The burden of consumer debt is a growing problem among students (and alumni) who have had access to credit before enrolling in a graduate or professional degree program. Students are enrolling with increasing levels of credit card and other consumer debt. As a result, many are finding it very difficult to manage the repayment of that debt while in school, and once they graduate. It also is affecting their ability to obtain privately-guaranteed educational loans. What can be done to assist these financially at-risk individuals? more ...
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Gorilla Guide to Credit
Do you use credit wisely? Credit is meant to be a tool not a crutch! This session is intended to help students begin to think about their use of credit and to use credit wisely. A dynamic speaker from Consumer Credit Counseling will present information on how to establish good credit or reestablish good credit, help students understand their current debt situation, design a debt reduction plan that will work, and make good buying decisions. more ...
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Investment Fundamentals
The Investment Fundamentals seminar provides inexperienced investors with basic information that will help them start an effective investment program. Participants will learn the fundamentals they need to begin investing for financial success and will review the benefits and goals that can be achieved with sound investment strategies. more ...
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Money Matters- Credit Counts!
Most students, as well as people, do not think about their credit report or its importance. It is important to help students realize that their actions today are making a significant and important impact on their credit, which affects interest rates or credit terms on future purchases such as a house or car. more ...
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Piggy Banks To Paychecks
This session is intended to help fourth-year students to realize the financial transition from medical student to resident. more ...
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Relocation: Issues and Tips
As you prepare to move out of your medical school apartment and into your new home for residency, there is a lot to think about, from finding a place to live in, to getting yourself there and settled in. Probably the most important thing to do on this process is to get well informed. There are many excellent resources online that provide advice and links to companies that provide the service you need. Many of you will find that the hospital where you are headed will be an invaluable source of information. Call the medical information office and current residents and ask them about housing: where to live, whom to talk to (I.e. realtors), ect. The residents will be particularly helpful in telling you where residents live, estimating commute times to the hospital, and giving you a sense of where you'll want to spend time away from the hospital. more ...
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Vacations on a Shoestring
Many fourth-year students interview for their residencies all over the country. It is often hard for them to link the interviews so that they can economize on the cost of trips. Most students borrow to pay for the travel to their interviews. Medical school can also be a very stressful time-- working long hours with little time off. When studens can get away, most are lacking the resourses to do so. more ...
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Women & Money
Do you feel in control of your money? Brenda Weiner from Consumer Credit Couseling and a video presentation based on the Today's Show series with Jeanne Chatsky. Money for Women, will help students learn unique strategies for personal finance that are empowering today's women. more ...
