Financial Literacy and Wellbeing among Medical Students, Residents, and Attending Physicians in Lebanon: Results from A Nationwide Multi-Centered Survey - presented by Dr Mohammadali Jardaly

Financial Literacy and Wellbeing among Medical Students, Residents, and Attending Physicians in Lebanon: Results from A Nationwide Multi-Centered Survey

Dr Mohammadali Jardaly

Dr Mohammadali Jardaly
Slide at 27:31
Real World Benefits
Mohammad Ali Jard..
REAL WORLD
BENEFITS
INCREASED FINANCIAL LITERACY translates into real world benefits for individuals,
and to the economy as a whole:
People with strong financial skills are better at job planning and saving
for retirement
Students that take
Consumers that understand
a personal finance
compound interest
course see up to a 5 2% increase in credit
Spend less on
scores within 2 years
transaction fees Accrue less debt
Incur lower interest rates on loans
Save more money
Financial savvy
Investors are more
likely to diversify risk
Desjardins J, (2018) America's Growing Financial Literacy Problem. Retrieved fromhttps://www.visualcapitalist.com/americas-growing-financial-literacy-problem/. Last accessed on 04/06/2020.
1
References
  • 1.
    https://www.visualcapitalist.com/americas-growing-financial-literacy-problem/
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Summary (AI generated)

Studying financial literacy has real world benefits, especially in the healthcare field. It is important as it correlates with burnout, which in turn affects patient safety.