After med school in residency, I ended up with 350k in debt. So our goal right when we got married was to make sure we pay off my debt first,. And then after that, we could focus on other expenses and other goals. The only thing in my mind was just to pay off these loans so we can start from scratch. A little bit of help from dad with both living expenses and sounds like you brought a little bit of money into the marriage. We didn't have very many assets and we didn't havevery much debt. But that's where it came from.
This hospitalist tackled her $350,000 of debt in only 18 months. This physician duo got on the same financial page early in their relationship. They both agreed to live like residents and allocate everything extra to the loans. Despite living in costly Manhattan they were able to pay down the debt while still doing some travel and eating out and having some fun along the way. Their advice to you is to make a clear goal and then stick to it and to have these important financial discussions early on in your relationship.
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