
A considerable number of children of immigrants decide to “do their family proud.” They decide to commit to studying medicine to become a doctor or dentist. Some of them are first-generation college students who become first-generation professionals.
Although their ambition and successes are admirable, the backgrounds of immigrants’ children may not thoroughly prepare them for the financial jolts they will receive along the way as medical professionals. It is entirely possible that no one in their family ever sat down with them and talked about that traditionally taboo topic: money. It is entirely conceivable that no one talked with them about financial planning because the parents and other relatives themselves had little money with which to plan much of anything.
