White Coat Investor Podcast

Today we are talking with an ER doc who hit a $2 million net worth. He talks about the importance of him and his wife getting on the same page early and getting to work growing their net worth and getting rid of debt. His advice to you is consider geographic arbitrage, increase your savings every year and take advantage of loan forgiveness programs. Stick around after the interview for a discussion about HSAs for Finance 101. At some point in our financial lives, it will be time to buy a home. A physician mortgage can be a good vehicle for a young doctor who’s just out of school and has a more effective place to use their money than on a big down payment. These loans allow doctors to secure a mortgage with fewer restrictions and a lower down payment than a conventional mortgage. But if you’re further advanced in your career or deeper into your journey to financial freedom, buying a home with a conventional mortgage and then, later on, potentially refinancing that loan to a better rate with a shorter time fram