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White Coat Investor Podcast

MtoM #209: OBGYN Takes 5 Months Off and Still Builds Wealth and Finance 101: Treasury Direct

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.92.3K Ratings

🗓️ 10 February 2025

⏱️ 29 minutes

🧾️ Download transcript

Summary

Today we are celebrating this OBGYN taking a 5 month maternity leave and still building wealth through the process. This dual doc couple took advantage of all their state and employer benefits to really minimize the financial impact of taking maternity and paternity leave. Despite taking a hit to their income their wealth grew by around $200,000. Her advice to anyone who is starting a new job and wants to have kids at some point is to look very closely at what the maternity benefits the job offers. She also recommended sitting down with HR to make sure you understand the benefit options. After the episode we will talk about Treasury Direct for Finance 101.

With Weatherby Healthcare, you choose your own healthcare career path. Our locums experts then support you every step of the way, helping you find the right opportunities at the right times. We understand your professional and personal goals, and are experts at helping you achieve them. Let’s keep your career interesting with new locations and settings, and diverse patients and cases. And, just as importantly, let’s make sure you get more free time for your hobbies… or to just relax. We’ll help you find that balance. With more jobs in more locations, Weatherby gets you where you want to go. https://whitecoatinvestor.com/weatherby

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 

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Transcript

Click on a timestamp to play from that location

0:00.0

This is the White Coat Investor podcast, Milestones to Millionaire, celebrating stories of success

0:06.0

along the journey to financial freedom.

0:13.2

This is Milestones to Millionaire podcast number 209. OBGN takes five months off and still builds

0:20.0

wealth. With Weatherby Healthcare, you choose your own healthcare career path.

0:24.6

Our Locum's experts then support you every step of the way, helping you find the right opportunities of the right times.

0:29.6

We understand your professional and personal goals and are experts at helping you achieve them.

0:33.6

Let's keep your career interesting with new locations and settings and diverse patients and

0:39.2

cases. And just as importantly, let's make sure you get more free time for your hobbies or to just

0:43.8

relax. We'll help you find that balance. With more jobs and more locations, Weatherby gets you where

0:48.7

you want to go. Learn more at whitecoatinvestor.com slash weatherby. All right, welcome back to the podcast.

0:56.1

This podcast is about you.

0:58.4

We use your successes to inspire others to do the same.

1:02.5

If you'd like to be a guest on this podcast,

1:04.3

you can apply a whitecoatinvestor.com slash milestones.

1:08.4

All right, for all of you medical and dental students out there, other professional

1:12.7

students too, this probably applies, but it's specifically aimed at medical and dental

1:17.1

students. We're going to talk about what you need to know about money. This is free information

1:22.4

that can literally make a difference worth millions of dollars over the course of your career.

1:27.5

You simply cannot afford to wait until the big paychecks start rolling in to learn about money,

1:32.4

and you certainly don't want to do with lots of doctors before you have done,

1:35.6

which is to wait until you're about wanting to retire before you start learning about money.

1:40.3

We're going to put together a webinar, and this webinar is going to run February 12th, 6 p.m. mountains.

...

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