MtoM #258: Student Gets Full Ride to Medical School and Financial Boot Camp: 529s
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 19 January 2026
⏱️ 25 minutes
🧾️ Download transcript
Summary
Today we are chatting with a second year med student who received a full ride scholarship to medical school. He was prepared to pay for his education fully with loans and then got the incredible news that he had been selected for the scholarship. He is an awesome example of getting financially educated early so he will be ready to hit the ground when he finishes training. After the interview we are talking about 529s for Financial Boot Camp.
If you're a high-income physician, you already know how hard you work for every dollar. The question is: how much are you actually keeping after taxes? Gelt is a tax firm focused on proactive tax strategy, guided by expert CPAs and optimized via in-house AI tools. They work with physicians and practice owners to use the tax code more intelligently so your structure, deductions, and planning help you keep more of what you earn. As a White Coat Investor reader, you can book a free strategy intro at WhiteCoatInvestor.com/Gelt and receive 10% off your first year with Gelt. It's time to start using your tax plan as a lever for growth.
Celebrating your stories of success along the journey to financial freedom! Tune in every Monday to the Milestones to Millionaire Podcast, where we celebrate the financial achievements of our listeners and share practical tips for reaching your own milestones. We want to celebrate your milestones—no matter how big or small—and help inspire others to follow your lead. Every week, these episodes feature one listener who has recently achieved a milestone they are proud of and want to celebrate, and they give any advice they have for those who want to follow their example. Make sure to listen every Monday to be inspired by your fellow white coat investors.
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00:00 M2M Podcast #258
03:15 Student Gets Full Ride to Medical School
13:53 Advice For Others
15:42 529s - Education Savings
Transcript
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| 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. |
| 0:13.3 | This is Milestones to Millionaire podcast number 258. |
| 0:16.6 | Medical student gets full tuition scholarship. |
| 0:19.7 | If you're a high-income physician, you already know |
| 0:21.8 | how hard you work for every dollar. The question is, how much of it are you actually keeping after |
| 0:25.9 | taxes? Gelt is a tax firm focused on proactive tax strategy, guided by expert CPAs and optimized |
| 0:32.6 | via in-house AI tools. They work with physicians and practice owners to use the tax code more intelligently. |
| 0:39.5 | So your entity structure, deductions, and income timing all work together to help you keep more |
| 0:44.3 | of what you earn. As a white code investor, visit whitecodeinvestor.com slash gelt to book a free |
| 0:50.5 | strategy intro and receive 10% off your first year with guilt. It's time to start using |
| 0:55.0 | your tax plan as a lever for growth. All right, welcome back to the milestones podcast. You can come on |
| 1:00.5 | this podcast. You apply at whitecoatinvestor.com slash milestones, and we'll celebrate any milestone with you. |
| 1:07.8 | We'll use it to inspire others to do the same, whether they're working on the same milestone as you or a different milestone. But the beautiful thing about it is to get your |
| 1:15.9 | voices on the podcast. This podcast really is centered on you. We want to encourage you to be |
| 1:22.3 | successful because we think if you're financially successful, you actually become better. You become a better partner, |
| 1:28.5 | you become a better parent, you become better at your job. If you're a doc, you become a better |
| 1:32.4 | physician or dentist or whatever when you don't have to worry so much about money. And you can |
| 1:37.7 | concentrate on your family, your wellness, your patients, your clients, the things that matter most. |
| 1:43.9 | So please, work on your milestones. If you feel |
| 1:48.1 | like coming on and celebrating it with us, we appreciate that. And we'd welcome you to do so. |
| 1:54.1 | Right now we've got a promo going for Expert Witness Startup School. Hey, this is run by Dr. Gretchen |
... |
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