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WCI #219: Financial Priorities as a New Attending

WCI #219: Financial Priorities as a New Attending

Becoming a new attending is a complicated time in your financial life. That first year out of training is probably the most important year of your fi…

MtoM #22 - Family Doc Pays Off $230K in 6 years

MtoM #22 - Family Doc Pays Off $230K in 6 years

It took this doctor 6 years to pay off her student loan debt because she muddled around for awhile before getting tired of the loans and getting more…

WCI #218: How Much Car Can You Afford?
Car

WCI #218: How Much Car Can You Afford?

"Average Joe" is frequently poor because of his car. For most middle-class Americans, the reason they are not millionaires is sitting in the driveway…

MtoM #21 - Doctor and Nurse Become Millionaires in 5 years

MtoM #21 - Doctor and Nurse Become Millionaires in 5 years

This couple went from -187K to 1.2 million in 5 years. Their key to success? Budgeting software, You Need a Budget, and following it to a T. In this …

WCI #217: Practicing Medicine in India

WCI #217: Practicing Medicine in India

We have done episodes about what it is like to practice medicine in England, Australia, and Venezuela. Next up is India. With Dr. Raja we discuss wha…

MtoM #20 - Psy-Fi MD Millionaire

MtoM #20 - Psy-Fi MD Millionaire

This doctor couple went from -500K to millionaire status in 9 years with an income ranging from $200-$500K. What makes this episode different is that…

WCI #216: Gold Bullion, Subway Franchises, Taxes, and Divorce

WCI #216: Gold Bullion, Subway Franchises, Taxes, and Divorce

In this episode we answer your questions ranging from gold bullion to Subway franchises. With questions about 401(k)s, UGMA accounts, withholding tax…

MtoM #19 - Millionaire Status in 5 Years

MtoM #19 - Millionaire Status in 5 Years

A very familiar story in this episode as our guests are an EM doc and teacher turned stay at home mom, very similar to the WCI and Mrs WCI. It took t…

WCI #215: Calculating ROI, Dollar Cost Averaging vs. Lump Sum, UTMA Accounts & TIPS

WCI #215: Calculating ROI, Dollar Cost Averaging vs. Lump Sum, UTMA Accounts & TIPS

This podcast is all about you and what you want to talk about. Today it is investments. How to calculate return on investment? What is the best way t…

MtoM #18 - Cancer Researcher pays off $130K

MtoM #18 - Cancer Researcher pays off $130K

After finding White Coat Investor 2 years ago, this physician has felt freed by this continuing financial education. Her debt was an emotional burden…

WCI #214: Will Student Loans Be Forgiven?

WCI #214: Will Student Loans Be Forgiven?

Student loans have been on the back burner for the last year or so, as borrowers have enjoyed 0% interest on their federal loans. There has been lots…

MtoM #17 - Nurse Practitioner and Pharmacist Millionaires

MtoM #17 - Nurse Practitioner and Pharmacist Millionaires

$1.2 million change in net worth in the last 6 years with a salary typically less than $200K. This couple reached millionaire status without ever fee…

WCI #213: Rules and Options for Managing Inherited Retirement Accounts

WCI #213: Rules and Options for Managing Inherited Retirement Accounts

If you inherited retirement accounts or anticipate leaving retirement accounts to your heirs, it is important to understand the rules and options for…

MtoM #16 - Paid off $260K in 2 years

MtoM #16 - Paid off $260K in 2 years

A urologist paid off $260K in 2 years. Making a plan ahead of time to pay off your loans helps you make decisions about where to live and what job to…

WCI #212: How to be a Coffeehouse Investor with Bill Schultheis

WCI #212: How to be a Coffeehouse Investor with Bill Schultheis

In 1998, Bill Schultheis wrote a simple investment book for people who felt overwhelmed by the market. The Coffeehouse Investor inspires readers to f…

MtoM #15 - Financially Independent Military Periodontist

MtoM #15 - Financially Independent Military Periodontist

In this episode we celebrate Casey achieving financial independence relatively early on a military salary that ranged from $75-260K/year. He has a $1…

WCI #211: Late Start Retirement Savings

WCI #211: Late Start Retirement Savings

Feeling like you are late to starting your retirement savings is a common sentiment. People are not generally as far behind as they think. Second car…

MtoM #14 - Optometrist Pays off 229K in 26 Months

MtoM #14 - Optometrist Pays off 229K in 26 Months

Optometrist and Vets seem to have the worst debt to income ratios. But this optometrist developed a hatred for his lenders and crushed his debt. Thou…

WCI #210: How to Survive and Thrive as a Divorced Doctor

WCI #210: How to Survive and Thrive as a Divorced Doctor

25% of physicians will experience divorce. We get questions on the podcast and blog from doctors going through divorce frequently but we have little …

MtoM #13 - Millionaire Internal Medicine Doctor

MtoM #13 - Millionaire Internal Medicine Doctor

Teresa and her husband made a plan to live off one income. In 5 years post training they were able to reach millionaire status. There are many roads …