Dental School Budgeting Tips

Hello everyone, welcome or welcome back to my RUclips channel. My name is Malachi Wright and I am a D2 at the University of Maryland School of Dentistry. On my channel, I make YT videos about what it's like to be a dental student, balancing working as a dental student, relationships in dentistry, and so much more. Stay tuned with me as I continue to embark on my journey to become Dr. Malachi Wright.

[@FaithfulySweet]

Oh my goodness this was so helpful thank you!!

[@dajahwhite8049]

Great advice, thanks for your wisdom

[@FaithfulySweet]

Amazing information! Is the high yield savings acct a CD, Money market or savings acct and do you have to put a certain amount of money in it each month?

[@cair4742]

For the HYSA, I thought about that too, but don't you have to pay taxes on the income generated by interest?

[@StudentDoctorWright]

@@cair4742 yeahhh, you can’t get around uncle sam 😂. But regardless? You will likely not pay more than 10% of the income you generated. I would speak to an financial advisor before making a decision though.

[@bollexobi4335]

Hey Malachi, great vid! How much student loan you will have at the end of dental school and are you planning on aggressively paying it down or not?

[@StudentDoctorWright]

Great comment and question. I will have a little over 380k. Repayment depends.It truly depends on what I do long term and exactly how much I will be making. I will elaborate on this in a future video.

[@alannaliebman22]

Here’s my tip. Never check ur bank account after you take loans out. Ignorance is bliss 🙈

[@alannaliebman22]

Jk everyone listen to Malachi. Budgeting is super important and being aware of what ur working with 🌟

[@StudentDoctorWright]

@@alannaliebman22 I was about to just take your advice 😂😂 Hope you are having a great summer backbone!!