White Coat Investor Podcast

MtoM #161: Nurse Becomes a Millionaire and Finance 101: How to Get Started

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Sinopsis

Today we talk with a nurse who is currently in school to become a CRNA and is officially a millionaire. Roughly 10 years ago he and his wife took control of their finances. He said there was some tough conversations as they educated themselves about how to become financially literate and what their goals should be and how to reach them. But once they were on the same page they were able to start crushing their goals. Their big goal was to be millionaires by 40 and they got there a few years early. He is now passionate about giving back both financially and educating coworkers about how to get started with taking control of their financial life. After the interview Dr. Dahle gives his thoughts on how to get started for finance 101. We estimate that 80% of doctors need, want, and should use a financial advisor and/or an investment manager. Some investment gurus such as Dr. William Bernstein think my estimate is way too low. At any rate, if you want to use an advisor temporarily or for your entire life, there is