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White Coat Investor Podcast

WCI #239: Contract Negotiation and Student Loans

White Coat Investor Podcast

Dr. Jim Dahle of the White Coat Investor

Medicine, Health & Fitness, Business, Investing

4.92.3K Ratings

🗓️ 2 December 2021

⏱️ 47 minutes

🧾️ Download transcript

Summary

Today we are answering questions about contract negotiation. It is important to know what parts of a contract you can negotiate and when you likely won't have any control over your contract. It is critical to understand the details of your contract and we highly recommend having your contract reviewed by a professional. https://www.whitecoatinvestor.com/contract-negotiation-and-review/. You want to be crystal clear on your compensation, who pays for the tail, time off, sick time, maternity or paternity leave, and call structure etc. These are all things you can and should negotiate. We also cover a few more questions about student loans. The student loan landscape is ever changing but recently it has become easier to qualify for PSLF. If you are one of the lucky people who now qualify we recommend applying no matter how much student debt you have left.

Whenever your next career move happens, you deserve a job-search partner who considers who you are before looking for your next role. Provider Solutions & Development is a group of empathetic recruitment advisors helping physicians like you find the place you really want to be, and it starts by learning what matters most to you. Whatever you’re ready for next, they’ll help you find it, with no quotas or commissions to get in the way. You can start the conversation today or anytime with Provider Solutions & Development. https://info.psdconnect.org/whitecoatinvestor

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 for 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!

Main Website: https://www.whitecoatinvestor.com
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Student Loan Advice: https://studentloanadvice.com
Facebook: https://www.facebook.com/thewhitecoatinvestor
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Subreddit: https://www.reddit.com/r/whitecoatinvestor
Online Courses: https://whitecoatinvestor.teachable.com
Newsletter: https://www.whitecoatinvestor.com/free-monthly-newsletter

Transcript

Click on a timestamp to play from that location

0:00.0

This is the White Code Investor Podcast, where we help those who wear the White Code 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.

0:18.0

This White Code Investor Podcast number 239, Q&A, Contract Negotiation and Student Moans.

0:24.0

This episode is supported by provider solutions and development.

0:27.0

Expert recruitment advisors with 20 years of experience and exclusive access to hundreds of positions nationwide.

0:33.0

Recruitment had to change, so they took away quotas and started listening to clinicians.

0:37.0

Just like every patient is different, each physician forms their own personal definition of success.

0:42.0

Find the place you're meant to be. Reach out at info.psdconnect.org forward slash White Code Investor.

0:51.0

All right. If you saw the blog yesterday, you know that we need a little bit of help. We need some help giving away 50 grand.

1:01.0

Now we're not going to give it to you. We're going to give it to charity.

1:05.0

But we'd like to give it to White Code Investors, favorite charities.

1:08.0

So if you'd like to participate in this, all you have to do is go to that blog post, not the show notes for this episode,

1:15.0

but that blog post that ran yesterday called to help us give away $50,000 at WhiteCodeinvestor.com.

1:22.0

And put a comment under it, naming in the first line your favorite charity.

1:26.0

Now there's a few rules, right? It can't be a charity that's going to be offensive to a large percentage of the White Code Investor audience, right?

1:33.0

We're not going to give money to the NRA Foundation. We're not going to give money to Planned Parenthood.

1:37.0

We're not going to give money to the Donald J. Trump Foundation. We're not going to give money to the Clinton Foundation, et cetera.

1:42.0

It also can't be a church or religious organization. Yes, we give to our church, but we're going to take those out.

1:50.0

If it's not primarily a religious function that the charity does, if it's Catholic Relief Services or something like that, that's okay.

1:57.0

But we're not going to give it primarily to a church. We're not going to give it primarily to a university or a college.

2:04.0

But otherwise, as long as it gets a reasonable rating on charity watch or charity navigator, then it's a matter of how many people vote for it, basically.

...

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