Summary In this episode of The Learning Curve, host Irtaza Asar and guest Dr. John Sangl discuss the critical importance of financial literacy for medical residents. They explore the cultural silence surrounding financial education in medicine, the challenges of managing student loans, budgeting strategies for new attendings, and the significance of retirement planning and insurance. Dr. Sangl shares practical advice on how to navigate these financial challenges and emphasizes the need for residents to take control of their financial futures to avoid burnout and achieve long-term success.   Takeaways Financial literacy is crucial for residents to avoid financial pitfalls. Cultural silence around money in medicine hinders financial education. Residents often feel financially unprepared due to lack of education. Student loan management is essential for new attendings. Budgeting is key to financial success after residency. Maximizing retirement contributions early can lead to significant wealth accumulation. Disability insurance is vital for protecting income as a physician. Investing in real estate can be a path to financial freedom. Negotiating contracts can lead to better financial outcomes. Continuous financial education is necessary for long-term success.