MtoM #198: Financially Recovering From a Divorce and Finance 101: The Importance of Both Spouses Working Towards Financial Goals Together
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 25 November 2024
⏱️ 27 minutes
🧾️ Download transcript
Summary
Today we are talking with an anesthesiologist who went through an emotionally and financially tough divorce. He came on the podcast to encourage anyone going through a similar situation to hang in there and know it will be better on the other side. This doc had his financial awakening soon after his divorce when he realized he had to turn his finances around. He started working more and got into a few side gigs so he could increase his income. He got out of debt and started saving and building wealth. He is now happily remarried and financially successful. After the episode stick around for Finance 101 for a discussions about the importance of you and your spouse working toward your financial goals together.
Mortar Group is a premier real estate investment firm focused on multifamily properties in both ground up and value add projects in the competitive markets of New York City since early 2000s. With over $300 million in assets under management and over 30 investments since inception, their fully integrated firm model allows Mortar to maximize efficiency and value across their investments in these niche markets. Mortar leverages over two decades of experience in architecture, development and asset management in their projects to build value and minimize risk for investors. Invest in tax efficient, high return, risk adjusted strategies with Mortar Group at https://whitecoatinvestor.com/mortar
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 the White Coat Investor podcast, Milestones to Millionaire, |
| 0:04.2 | celebrating stories of success along the journey to financial freedom. |
| 0:13.3 | This is Milestones to Millionaire podcast number 198, financially recovering from a divorce. |
| 0:20.0 | Mortar Group is a premier real estate investment firm focused on multifamily properties |
| 0:23.6 | in both ground up and value-ad projects in the competitive markets of New York City since the early 2000s. |
| 0:29.2 | With over $300 million in asset center management and over 30 investments since inception, |
| 0:33.6 | their fully integrated firm model allows Mortar to maximize efficiency and value across their investments in these niche markets. |
| 0:40.5 | Mortar leverages over two decades of experience in architecture, development, and asset management in their projects to build value and minimize risk for investors. |
| 0:47.7 | Invest in tax-efficient, high return, risk-adjusted strategies with Mortar Group, a whitecoatinvestor.com slash mortar. |
| 0:55.3 | Welcome back to the podcast. It's always good to have you here. We're working with |
| 1:00.0 | limited ability here. Megan and I both have arms and splints today. So we got two useful hands |
| 1:06.3 | between the two of us, but we're still putting this together for you as best we can. |
| 1:11.3 | We got something coming up this week. You're listening to this this week. This is a, you know, |
| 1:16.9 | Thanksgiving week, and I hope you're thankful for something, but come the day after Thanksgiving, |
| 1:21.7 | there are going to be some things around here that you can be even more thankful for |
| 1:26.6 | because we've got some plans around here for |
| 1:30.4 | some stuff you may be interested in. So pay attention this week to the blog and we'll mention |
| 1:35.5 | on the podcast next week, but we've got some cool stuff coming up this week as far as white |
| 1:41.3 | code investor goes. All right, we have got a great interview today. |
| 1:45.5 | It's a milestone we haven't done before, which I think will be pretty interesting to hear. |
| 1:49.8 | And then stick around afterward. |
| 1:51.5 | We're going to talk about for a few minutes the importance of both spouses working together |
... |
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