We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode MtoM #197: Rehab Docs Pays Off Student Loans in 16 Months and Finance 101: Pessimism

MtoM #197: Rehab Docs Pays Off Student Loans in 16 Months and Finance 101: Pessimism

2024/11/18
logo of podcast White Coat Investor Podcast

White Coat Investor Podcast

AI Deep Dive AI Chapters Transcript
People
H
Hunter
播音员
主持著名true crime播客《Crime Junkie》的播音员和创始人。
Topics
播音员介绍了兼职医生作为一种有效的理财方式,可以提高收入并更好地掌控职业生涯。他还强调了乐观主义在投资中的重要性,认为长期来看,乐观主义者通常会获得更好的回报。 Hunter分享了他如何在16个月内还清38万美元学生贷款的经历,他通过努力工作,几乎没有休假,并利用奖金等额外收入来实现这一目标。他还谈到了在这一过程中遇到的挑战和压力,以及如何保持积极的心态。他建议制定财务计划,并评估自身的心理承受能力,才能实现财务目标。 Hunter分享了他如何在16个月内还清38万美元学生贷款的经历,他通过努力工作,几乎没有休假,并利用奖金等额外收入来实现这一目标。他还谈到了在这一过程中遇到的挑战和压力,以及如何保持积极的心态。他建议制定财务计划,并评估自身的心理承受能力,才能实现财务目标。

Deep Dive

Chapters
Hunter, a recent residency graduate, shares his journey of paying off $380,000 in student loans within 16 months through intense work and financial discipline.
  • Hunter worked 11 days on, 3 days off, earning $40,000+ per month.
  • He lived frugally, driving an old car and minimizing expenses.
  • His wife supported his financial goals, focusing on retirement savings.

Shownotes Transcript

This rehab doc paid off $380,000 of student loans in only 16 months! He obviously worked like crazy over that time period to be able to accomplish that goal. He said he knew his value for freedom to choose what to do in the future would keep him motivated when he was starting to feel burnt out. Having the loans gone has given him that freedom and he feels like the work was worth it. He is now excited to focus on his quality of life as well as to start building his retirement accounts. After the interview we will be talking about pessimism for Finance 101.

One of the most underrated financial moves in medicine is working locum tenens. It pays significantly more on average, and you can work locums full time or on the side of your full time. And when you work with CompHealth), the #1 staffing agency, they cover your housing and travel costs —which on top of higher pay, really adds up. Locums also gives you more control of your career, allowing you to go where you want, when you want, with a schedule that works for you. It’s the perfect way to get ahead financially while getting focused on what you love. Whether it’s locum tenens or a regular permanent position, build your career your way with the power of CompHealth). Learn more at https://CompHealth.com)

The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!

Be a Guest on The Milestones to Millionaire Podcast: https://www.whitecoatinvestor.com/milestones

Main Website: https://www.whitecoatinvestor.com)  Student Loan Advice: https://studentloanadvice.com)  YouTube: https://www.whitecoatinvestor.com/youtube)  Facebook: https://www.facebook.com/thewhitecoatinvestor)  Twitter: https://twitter.com/WCInvestor)  Instagram: https://www.instagram.com/thewhitecoatinvestor)  Subreddit: https://www.reddit.com/r/whitecoatinvestor)  Online Courses: https://whitecoatinvestor.teachable.com)  Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter