WCI #183: Physician Moms and Their Finances
White Coat Investor Podcast
Dr. Jim Dahle of the White Coat Investor
4.9 • 2.3K Ratings
🗓️ 5 November 2020
⏱️ 56 minutes
🧾️ Download transcript
Summary
Our guest today is Dr. Hala Sabry, the founder of the Physician Moms Group on Facebook. Who better to ask about physician moms and their finances than a physician mom managing a group with 75,000+ other physician mom members! We delve into lots of topics surrounding finances as a physician mom including infertility, child care, career changes, and gender wage gap. We talk about women in medicine. Over 50% of medical students are now women. What implications will that have for the physician workforce? Women are often hesitant to negotiate when getting a new job. What can be done to encourage them to negotiate harder and avoid any negative consequences that could come from doing so?
Not everyone has this Instagram perfect life where they're beautiful and have no struggles. Our lives are hard, layered, and dynamic. Not only is medicine your profession, but it is your identity. Your worlds kind of collide as a physician mom and it is a lot of pressure. The truth is, it is not just women who are struggling. Men have the same issues, balancing life and work and all these other things but today's episode really focuses on them from a woman's perspective.
If you’re like most doctors, nobody taught you anything about personal finance or investing during your undergrad, professional school, or residency. And even though your family - and perhaps even your business - rely on you to be the Chief Financial Officer, you have never been given the tools to succeed. Enroll in WCI Financial Boot Camp, a FREE educational email series, and learn to convert your high income to wealth. You will learn the basics of investing, saving, insurance, and more. Your high income alone will not lead to financial success, but as always, we want to help you on your financial journey. Go to https://www.whitecoatinvestor.com/financialbootcamp to sign up today! You can do this and The White Coat Investor can help.
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 is for you!
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Transcript
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| 0:00.0 | This is the White Coat Investor Podcast, where we help those who wear the white coat get a fair shake on Wall Street. |
| 0:06.0 | We've been helping doctors and other high-income professionals stop doing dumb things with their money since 2011. |
| 0:12.0 | Here is your host, Dr. Jim Dolly. |
| 0:15.0 | This is White Coat Investor Podcast |
| 0:20.0 | Number 183, Physician Moms and their finances. |
| 0:23.0 | Welcome back to the podcast. |
| 0:24.4 | We're recording this on October 22nd. |
| 0:26.4 | It's going to start running on November 5th. |
| 0:28.8 | Hope things are going well for you in your neck of the woods. |
| 0:31.8 | If you're like most of us in the country, I think you're seeing an awful lot of |
| 0:34.7 | coronavirus right now. We're actually seeing it in our ERs, multiple patients |
| 0:38.8 | a shift which is kind of new for us here in Utah. So far so good, but we're sure looking forward to getting |
| 0:45.4 | through this and getting back to normal life at some point in the future. I'm hoping and |
| 0:49.7 | praying for those vaccine makers to be successful and quick. |
| 0:54.7 | If you're like most doctors, nobody taught you anything about personal finance or investing |
| 0:58.3 | during your undergrad, professional school, or residency. |
| 1:01.6 | Even though your family and perhaps even your business rely on you to be the chief |
| 1:05.2 | financial officer, you have never been given the tools to succeed. Enroll in WCI Financial |
| 1:11.3 | Boot Camp, a free educational email series and learn to convert your high income to wealth. |
| 1:17.0 | You will learn the basics of investing, saving, insurance, and more. |
| 1:21.0 | Your high income alone will not lead to financial success, but as always we want to help you on your financial journey. |
| 1:26.0 | Go to whitecode investor.com slash financial boot camp to sign up today. |
... |
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