White Coat Investor-MtoM #75 - Postdoc Pays Off High Interest Debt

MtoM #75 - Postdoc Pays Off High Interest Debt | White Coat Investor Podcast

After not matching and doing a year postdoc before now being accepted into anesthesiology residency, this doctor accumulated $26K in credit card debt, mostly for the payment of his wedding. We celebrate with him today that he has paid off all of that high interest debt. With a $48K income as a postdoc and interest rates on the cards between 26-29% it was way harder than he thought! If you have debt hanging over your head here are some guiding principles for managing it: link 

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