How to Start Saving Early

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How would you apply the rule of start saving early to a typical doctor? A financial path? The classical way of explaining this topic is to a show two individuals. And luckily, they later tend to have higher incomes and can potentially save more at that point. What advice do you have for the young doctor who feels they don't have any spare change to invest given their huge student lon burden? And then what advice doyou have for an older doctor that maybe has a tiny nest egg and is now kind of panicking and wondering if it's too late?

This episode we interview prominent Boglehead published author Rick Van Ness. Rick has made a career of teaching financial literacy to the world. We review his ten principles for common sense investing as well as hear why Rick thinks bonds are worth investing in. He talks about his current passion, which we here at WCI understand, getting a financial plan in place. We discuss the importance of knowing what you value and making a plan that accounts for that. See full show notes here: https://www.whitecoatinvestor.com/common-sense-investing-with-rick-van-ness

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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 is for you!

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