This is the White Code Investor Podcast, where we help those who wear the White Code get a fair

shake on Wall Street. We've been helping doctors and other high-income professionals stop doing

dumb things with their money since 2011. Here's your host, Dr. Jim Dobb.

Welcome to Podcasts number 18, Emergency Funds.

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Welcome to this episode of the podcast. I'm glad you're here. I suspect a lot of you are

commuting or exercising or otherwise bettering yourselves while listening to this in the background.

So we'll try to not make it too heavy today. A lot of these episodes kind of get a little bit

heavy, but we'll keep it a little bit lighter. Today we're going to be talking a lot about emergency

funds, which turns out to be a surprisingly controversial topic. But we've been having a lot of

fun here at the White Code Investor lately. We've got our scholarship contest going right now.

If you'd like to get a whole bunch of money for med school or dental school or other professional

school and you're currently a full-time student in good standing, you should be sending us what's

basically a guest post on the blog. And the top five of these wind prizes, the top ones likely to

get something like $15,000 in cash to help reduce their debt burden for school. And so if you

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