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Financial Wellness

Financial Wellness Curriculum

Every year of the MDCM program, one financial wellness session is integrated into the curriculum. All financial wellness sessions are given by conflict of interest-free physicians. In addition to those sessions, we have created a list of resources for self-directed learning.

Click here for the Wellness Curriculum Overview

Self-Directed Learning

Financial Counselling

Take advantage of the SSAO's financial counselling program! Meetings with an advisor can answer general questions related to budget and debt management, as well as specific counselling on personal financial requirements.You may book an appointment with an advisorby calling 514-398-6013 or emailing student.aid [at] mcgill.ca.


Financial Planning

  • Scholarships and Student Aid Office: Find all the resources and advice you need to help pay for university, from step-by-step guides on how to apply for funding to information on how to budget effectively
  • The Frugal Scholar MDCM Toolkitcan be found under Your Finances on theMcGill's Scholarships and Student AidOffice
  • Visit the Office of 㽶Ƶ website for a list of


Tips on Financial Planning

  • Financial Management: by Drs. Jane and Paul Healey, U of T
  • Paying for Medical School
  • Designing a budget for the school year may appear to be a laborious process, however it is an essential step that can help you reduce your amount of accumulated debt by the time you enter residency. MD Management has prepared a to help you budget your expenses and sources of income

Disability Insurance

  • Obtaining disability insurance early on in your training is a wise investment. Consider looking into different insurers and select the best plan for you.
  • Preparing for Residency: by Dr. Stephanie Zhou MD, MSc, University of Toronto

McGill Financial Literacy Trainings Online


Podcasts

  • The Wellness Podcast: Episode 10:Put your Money Where your Mind is: An Introduction to Financial Health & Well-Being
  • : Episode 4:What's your Worth? with Dr. Stephanie Zhou


Articles

  • (p. 46 in The Money Issue) 


Social Media

  • : finance book reviews, side hustles, budgeting, investing)

Financial Concerns

The Office of Medical Learner Affairs is pleased provide guidance in all other areas of financial decision making, which includes (but is not limited to):

  • Gaining control of spending habits
  • Resolving feelings of anxiety about money
  • Developing goals to make dreams a reality
  • Resolving emotional ties between bank balance and personal values
  • Identifying feelings of loss, anger, shame, sadness, and anxiety regarding past financial decisions

Poster Presentation: A Collaborative to Increase Financial Literacy Across Different Medical School Curricula (CCME 2022)

(Please click on the image to play the video)

Zhou, S., Gendreau, P., Healey, J., Premji, L., Rahimi, S., Saad, N., & Pham, T-N. (2022, April 23-26). A Collaborative to Increase Financial Literacy across Different Medical School Curricula [Poster presentation]. The Canadian Conference on Medical Education, Calgary, AB, Canada.

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