This New York City doc paid off $375,000 in only five years. This is a dual physician couple that wanted to get rid of both of their loans as quickly as possible. He shares that after training he knew very little about finances but knew getting rid of loans was a top priority. This doc shows us that you can live in a high cost of living area and still pay off loans, save for retirement, buy a house and live the life you want. His tips? Have a plan and stick to it, don't explode your lifestyle and automate as much of your finances as you can. He says you can have anything you want, you just can't have everything you want. Want to avoid lifestyle creep? Read this post: https://www.whitecoatinvestor.com/how-to-avoid-the-traps-of-lifestyle-creep/
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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!
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