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So, you know, my wife and I, we've been living sort of very conservatively. I'm a doctor in training, and now I have a big contract coming up.

That's $650,000 a year.

Way to go.

She makes about, thank you, she makes $100,000 a year.

And so we're projected to make $750 at the end of, after a year of working.

Sweet.

What kind of doc are you?

Yeah, cardiology. Oh, wow. Good for you, man. You've worked hard. You've worked hard to get there. I'm proud of you. Thank you. Thank you. The training has been very arduous and I feel like I want a Porsche. And my wife is in agreement too that, you know, I've deserved a nice car.

I deserve a nice car. Um, the thing is, is I'm not sure if, if I can afford it. Uh, and so that's

why I called in today. Okay. Do you have any money?

Yeah. So I've saved up about $60,000, which is, I would say, like an emergency fund type situation.

We own two homes.

One is in Florida where I did the beginning of my training, and that one is being rented out, and it's generating $1,000 a month after all the taxes and bills are paid. Does it have a mortgage on it? Yeah, it does. It has $100,000 a month after all the taxes and bills are paid.

Does it have a mortgage on it?

Yeah, it does.

It has $150,000 left on it.

And in your current home, what is it worth?

That one is $300,000, or it's worth about probably $450.

We bought it just a year ago, and we have $300,000 left on it.

So how much do you have in cash to buy your car with?

Well, that's the thing.

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