This two emergency doc family is back to broke! They are focused on getting their finances right early and while she is the finance nerd they are both on the same page. She is still a fellow and he is one year out of training. They talk to us about why they have chosen to live in California. The biggest reason is that all of their family is there and they deeply value time with family. They said the high cost of living and the big tax bill is worth it for them. They shared that they are making so much more than their parents did and have more than enough to live the life they want. Their secrets to success include having cheap hobbies, most of their travel is low cost to visit and stay with family and having a reasonable budget and sticking to it. After the episode we will be talking about paying off your mortgage.

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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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MtoM #186: Emergency Docs Get Back to Broke and Finance 101: Paying Off Your Mortgage

White Coat Investor Podcast