MtoM #183: Emergency Physician Family Pays off $311,000 of Student Loans in 11 Months and Finance 101: The Best Paying Hobby Out There
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 12 August 2024
⏱️ 27 minutes
🧾️ Download transcript
Summary
This emergency doc paid off $311,000 in less than one year! He worked like crazy and picked up shifts every chance he could get. He and his family lived like residents and poured everything they could into the loans. He credits his wife and all she sacrificed to making this huge accomplishment possible. They are now excited to have him significantly cut back on shifts and to buy a much needed car. For Finance 101 find out what the best paying hobby you can have is.
Our sponsor for this episode is Sermo, the leading online community for healthcare professionals seeking to earn extra income. Sermo offers flexible, paid surveys that help shape the future of medicine, along with opportunities for professional collaboration and support within a trusted community. With over 1.5 million members, Sermo is where HCPs come together to share insights, advice, and support. Join now at https://www.whitecoatinvestor.com/sermo and earn $20 instantly by completing your first two-question survey.
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!
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Transcript
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| 0:00.0 | This is a whitecoat investor podcast, Milestones to Millionaire, |
| 0:04.1 | celebrating stories of success along the journey to financial freedom. This milestone to Millionaire Podcast Number 183. Emergency position family pays off $300,000 in student |
| 0:20.0 | loans in 11 months. Today's episode is brought to you by Sermo, the exclusive online community |
| 0:25.2 | where health care professionals can easily boost their income. With over 1.5 million doctors, |
| 0:29.6 | APCs and other HCPs, Sermo offers flexible paid surveys that fit into your schedule, allowing you to earn extra income on your terms. |
| 0:37.0 | CERMO paid over $25 million to its members last year, and some members have even earned more than $15,000. Beyond earnings, |
| 0:44.2 | Sermo provides a supportive community where health care professionals can |
| 0:46.9 | connect and collaborate. New members can visit whitecoat investor |
| 0:49.8 | dot com slash Sermo to take their first two- $20 survey today as white code investor. |
| 0:55.5 | dot com slash Sermo. All right welcome back to the milestones millionaire |
| 1:00.0 | podcast this is where we take your stories and celebrate them with you and use them to inspire others to do the same. |
| 1:06.2 | You can apply to be a guest on the podcast at whitebone investor. |
| 1:09.8 | com slash milestones. Don't forget about our special sale just for podcast listeners if you use code |
| 1:16.3 | Podcast 20 from now through Monday the 19th of August you get 20% off all |
| 1:21.6 | WCI courses and everything at the WCI store. |
| 1:24.8 | That makes our new Fire Your Financial Advisor student course just $79. |
| 1:29.8 | You can use your CME money and enroll in courses such as financial wellness and burnout prevention for |
| 1:34.3 | medical professionals where you get access to the entire Fire Financial Advisor course content |
| 1:39.4 | as well as additional wellness and burnout prevention modules. |
| 1:42.8 | CFE, continuing financial education, 24, |
| 1:45.7 | also qualifies for you to use your CME Money Act, |
| 1:49.2 | just like the conference where it was made qualified |
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