Sample veterinarian personal finance budget

Got budget? Most of us don't. But veterinarians are smart--too smart to ignore this vital tool to take charge of their and their families’ future.
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Jan 29, 2014
By dvm360.com staff

The VPI-Veterinary Economics Financial Health Study gave veterinary practice owners, veterinary associates and veterinary team members plenty to think about. You can see more about the study as well as resources built around the study here.

Now, as an ongoing service and resource to veterinarians struggling with their own finances, we've developed this page with an ever-growing list of interactive tools, insightful articles, video tips and more—all centered on helping you to the financially stable life and career you deserve.

Sample personal budget
Mark McGaunn, CPA, CFP, is managing member of McGaunn & Schwadron CPAs in Needham Heights, Mass., and one of his specialties is personal and business finance for dentists and, yes, veterinarians. He provided us with three sample personal finance budgets:

> One uses numbers from an average Gen Y associate as seen in the recent VPI-Veterinary Economics Financial Health Study.

> One uses numbers from a married couple of two veterinarians.

> One is empty for your use.

Compare yourself and email us at ve@advanstar.com with questions. We'll share answers in print in Veterinary Economics and online here on dvm360.com!