From Broke To Bank: Money Lessons Med School Skips The Short Coat: An Inside Look At Getting Into And Getting Through Medical School podcast

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From Broke to Bank: Money Lessons Med School Skips

3d ago 40:26

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Med School ROI: Still Worth the Debt?

Doctors make bank, so why do they feel poor? We’re breaking down the brutal reality of medical money myths—starting with the lie that your six-figure salary will solve everything. With financial advisor Tyler Olson, M4s Jeff Goddard and Trent Gilbert, and M2 Luke Geis ask whether med school is still a good investment or just an expensive trap wrapped in prestige.

We talk always-on-the-verge-of-disappearing Public Service Loan Forgiveness, we drag lifestyle creep, go full scorched-earth on bad budgeting, and explain why even a half-million bucks a year won’t automatically save you from living paycheck to paycheck. If you’ve ever looked at an attending and thought “they must have it made,” this episode will explain why they often don’t.

Learn what to do before residency, how to prep for your 4th-year expenses, why disability insurance might be more important than your board scores, and whether that $15/month budget app is actually worth it. Spoiler: Tyler prefers sticky notes on mirrors.

Oh—and if you thought $275K was a lot, wait until taxes take their cut.

Episode credits:

Producer: Jeff Goddard
Co-hosts: Luke Geis, Trent Gilbert
Guest: Tyler Olson, Olson FP

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