MtoM #146: Urologist Pays Off $300,000 in 2 Years and Finance 101: Contribution Limits
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 27 November 2023
⏱️ 18 minutes
🧾️ Download transcript
Summary
This doc has paid off $300,000 of student loans only 2 years out of training. He put nearly half of his income towards his loans every month. Not only was he paying big bucks towards his loans but he also started his emergency fund and maxed out a 403(b), 457(b), and invested in an HSA and brokerage account. He became financially literate in med school and the rest is history! Stick around after the interview for a discussion about contribution limits for Finance 101.
As a white coat, you have valuable knowledge. Various companies want that knowledge. And they're willing to pay you for it! That's why we've put together a list of recommendations for companies that pay you to take surveys. If you're looking for a profitable side gig for not too much effort, getting paid for surveys could be the perfect solution for you. You can make extra money, start a solo 401(k), and use your medical knowledge to impact new products. One of the WCI columnists makes an extra $30,000 a year just doing these surveys. Sign up today and use a fraction of your downtime to make extra cash! Go to https://www.whitecoatinvestor.com/MDSurveys. You can do this and The White Coat Investor can help.
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
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This is the White Coat Investor Podcasts to Millionaire, |
| 0:04.2 | celebrating stories of success along the journey to financial freedom. |
| 0:08.3 | This is Milestones's millionaire podcast number 146. |
| 0:16.7 | Yourologist pays off $300,000 in two years. |
| 0:21.0 | Today's episode is brought to us by SoFi, the folks who help you get your money right. |
| 0:24.4 | They've got exclusive rates and offers to help medical professionals like you when it comes to refinancing |
| 0:28.7 | your student loans. That could end up saving you thousands of dollars. Still in residency, sofai offers competitive rates |
| 0:34.6 | and the ability to whittle down your payments |
| 0:36.0 | to just $100 a month while you're still in residency. |
| 0:38.8 | Already out of residency, sofai's got you covered there too, |
| 0:41.0 | with great rates that could help you save money and get on the road to financial freedom. |
| 0:44.0 | Check out their payment plans and interest rates at sofi.com slash white code investor. |
| 0:49.0 | Sofi student loans are originated by sofi bank NAA member FDIC. |
| 0:52.0 | Additional terms and conditions may apply, |
| 0:54.0 | and a molest 69891. |
| 0:56.0 | All right, we've got a great guest on today who's paid off a big fat student loan. |
| 1:02.0 | In just a couple of years. We'll bring him on but stick around |
| 1:05.2 | afterward we're going to talk a little bit about retirement account contribution |
| 1:08.6 | limits for 2024. Our guest today on the milestones to Millionaire Podcast is Scott. |
| 1:13.7 | Scott, welcome to the podcast. |
| 1:15.4 | Thanks for having me. |
| 1:16.7 | Tell us about yourself. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Dr. Jim Dahle of the White Coat Investor, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Dr. Jim Dahle of the White Coat Investor and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.