MtoM #44 - Back to Broke Oncologist
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.8 • 2.4K Ratings
🗓️ 13 December 2021
⏱️ 16 minutes
🧾️ Download transcript
Summary
We are celebrating this oncologist who got back to broke 6 months out of training. He went from a net worth of $-128K to $+210K net worth in 1.5 years. Getting back to broke as a physician is a big deal! He discusses his "lifestyle inoculation" that helps them purposely spend their money to bring them happiness. Being so intentional in their spending has allowed them to build wealth quickly. You can be intentional too with your spending. See how to avoid the trap of lifestyle creep here. https://www.whitecoatinvestor.com/how-to-avoid-the-traps-of-lifestyle-creep/
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Transcript
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| 0:00.0 | This is the White Co-investor podcast, Milestones 2 Millionaire, |
| 0:04.5 | celebrating stories of success along the journey to financial freedom. |
| 0:09.0 | Here is your host, Dr. Jim Dolly. |
| 0:16.0 | This is Milestones Millionaire podcast number 44, back to broke oncologist. |
| 0:21.2 | If you haven't heard this podcast before, this is a podcast where we celebrate your accomplishments |
| 0:26.9 | with you. We want to say good job. Congratulations. Well done. Keep going. No matter what your financial |
| 0:34.9 | accomplishments have been. If you would like to be on the podcast, you can do so. Just go to |
| 0:41.3 | whitecodeinvestor.com slash Milestones and sign up and we'd love to bring you on the podcast. |
| 0:46.9 | Celebrate your Milestone. Whether it's becoming a millionaire or a decadent millionaire or |
| 0:51.0 | paying off your student loans or your mortgage or whatever it might be, we'd love to celebrate it |
| 0:54.8 | with you. Now let's have work from our sponsor. It's story time brought to you by LocomStory.com. |
| 1:01.5 | Today we'll be reading Docks and Shocks. Some docs are overworked as work works overworked |
| 1:06.5 | workers weary. Some docs are overstocked, stopped as pandemic tiktoks keep docs off clocks. |
| 1:12.7 | If Docks or Shocks is the pandemic clock tiktoks, then Locomst is the token to unburn the burnt out |
| 1:17.4 | broken. Enough tiktok. The time is now and Locomst is how. Locomptendons tends to trend as a |
| 1:23.2 | godsend mend to burnt out ends. For more Locomptendons information, LocomStory.com is your final destination. |
| 1:30.6 | All right, let's get our guest on the podcast. All right, my guest on the podcast today is David. He |
| 1:37.7 | is an attending oncologist. Welcome to the Milestones to Millionaire Podcast. Thank you. It's really |
| 1:42.8 | my pleasure to be here and a great honor to speak with you a financial hero of mine. So |
| 1:47.9 | a financial hero. That's a wonderful thing. I have a real heroes and that are a financial heroes. |
| 1:53.2 | Well, I haven't had the opportunity for you to be a real hero of mine. So, |
| 1:57.3 | gladly, gladly. And hopefully, hopefully you never will. You don't want to meet me at work for sure. |
... |
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