Loans, budgets, salaries and everything in-between
Financial health requires skills that you might not have learned in veterinary school. Use these resources to start you off on the right track post-graduation.
Veterinary Salary Estimator
The AVMA Veterinary Salary Estimator can provide you with approximate salary ranges to use as a guide for pay negotiations, budgeting and financial planning, through the use of historical data trends.
Use this tool to guide salary negotiations or map out different earning scenarios as you begin your veterinary career.
Personal Financial Planning
Assess your current financial picture to help build a plan that works for you.
AVMA Personal Financial Planning Tool (PFP Tool)
AVMA’s Personal Financial Planning Tool (PFP Tool) helps you build a personalized profile of your finances so you can evaluate potential salaries, expenses, loans and savings strategies using customized scenarios.
Money Management
The “m” word. Not macrolide, muscle or mastitis. It's MONEY. Track your expenses, invest in your future and get on the road to financial health.
Check out the 20-minute video from Dr. Jess Trichel of Live Oak Bank to learn all you need to know about running a successful business—from owning a practice to managing your individual career!
Don’t overlook your financial wellbeing! Check out veterinarian and attorney Dr. Lance Roasa’s 20-minute video to learn ways to improve your financial know-how.
Start off your veterinary career on the right foot with these financial tips for new veterinary graduates.
Use the free Mint mobile app to create a budget that both works for you today and sets you up for success tomorrow.
Student Loans
Managing student debt can be overwhelming and even a little scary. All you need to know about student loans starts here!
Take the guesswork out of repayment with these short, easy-to-follow learning modules by Paul Garrard, one of the most respected student debt experts in the medical and health professions communities.
The VIN Foundation Student Loan Simulator lets you run "what if" scenarios showing how student debt repayment works and how life choices you make in the coming years can impact your future.
Knowledge is power and checking in is a good thing. Start with the U.S. Department of Education's National Student Loan Data System (NSLDS), the central database for federal student loans.
If you’re having a difficult time repaying your veterinary student loans, it’s important to know your options.
Financial Planning Resources
Is it better to rent or buy a home? Lease or buy a car? How quickly can I pay off my credit card? Check out these tools to organize your finance plan to meet your goals.
Use this calculator to determine how long it will take to pay off your credit card debt.
Deciding between renting and buying a home is more complex than it seems. This helpful calculator walks you through all the factors you need to consider.
Where can you afford to live? Determine the cost of living indexes for various locations throughout the country.
Use this calculator to establish a savings plan for your retirement so your golden years are golden!
Assessing Your Practice's Financial Health
Making smart business decisions is as critical as providing high quality patient care. Use these resources to make a proper diagnosis of your practice’s financial health.
Learn how to accurately assess the financial status of your veterinary practice. Here’s a tip: it’s not just about income!
Pricing doesn't just affect profitability. It also can have a big impact on the decisions clients make about their animals' care.
Insurance Options
Have you explored your veterinary insurance options recently? Let the AVMA Insurance Trusts help you protect what matters most.
If you are looking for malpractice or license defense coverage then be sure to review your options at PLIT. With PLIT you will not be alone in the event of a claim. The PLIT Trust veterinarians and program professionals are here to support and advocate for you.
To protect your income if you should become sick or injured review your options for our disability products. In addition, review our life insurance products to keep your family financially secure if the worse should happen. Learn more about these coverages.