Dr. Matt Morgan, a radiologist and friend of Dr. Dahle, took a bold year-long sabbatical to embrace intentional living. He shares insights on prioritizing personal experiences over financial success, inspired by the book 'Die With Zero.' From enriching family travels through New Zealand and Europe to discussing challenges of balancing work and family time, Matt highlights how meaningful adventures fueled his growth. He also offers practical tips for those contemplating a similar life shift, emphasizing fulfillment beyond traditional career paths.
01:15:31
forum Ask episode
web_stories AI Snips
view_agenda Chapters
menu_book Books
auto_awesome Transcript
info_circle Episode notes
insights INSIGHT
Die With Zero Concept
The book Die With Zero emphasizes optimizing fulfillment by balancing health, time, and money over your life phases.
Missing life experiences in youth can lead to lifelong regrets, urging spending and living intentionally.
insights INSIGHT
Power of Intentionality
Intentionality means planning your life actively rather than waiting for circumstances to change.
Focusing on the vital few meaningful things leads to a more fulfilling life than autopilot living.
question_answer ANECDOTE
Local Sabbatical Choice
Matt initially considered working abroad in New Zealand but chose to unplug locally for a sabbatical.
His wife suggested staying home but fully disengaging from work, enabling a flexible sabbatical without relocating.
Get the Snipd Podcast app to discover more snips from this episode
Die with Zero presents a provocative philosophy and practical guide on how to get the most out of your money and your life. Bill Perkins argues against over-saving and under-living, advocating for investing in experiences early and maximizing positive life experiences. The book introduces concepts like 'time-bucketing,' 'net worth curve,' and 'fulfillment curve' to help readers optimize their life stages and make the most of their resources. Drawing from his own life experiences and insights from psychological science and behavioral finance, Perkins makes a compelling case for living large and accumulating memorable experiences rather than wealth.
Your money or your life
Joseph R. Dominguez
Joe Dominguez
Vicki Robin
This book offers a holistic approach to personal finance, encouraging readers to view money as a form of 'life energy' and to align their spending with their values. It provides nine steps to help readers stop living paycheck to paycheck, get out of debt, and achieve financial independence. Key concepts include calculating net worth, evaluating the life energy spent on work, and investing wisely. The authors emphasize the importance of finding one's 'point of enough' and living a more deliberate, meaningful life[1][3][5].
Dr. Dahle's good friend, Dr. Matt Morgan, joins us on the podcast today. Dr. Morgan just completed a one year sabbatical that was all about living intentionally and creating the life he wants now, not after retirement. Matt talked about his desire to be able to say yes to the things he loves any time he wanted to. He and his family spent time at home as well as traveling to New Zealand and all over Europe. He is a great example of not necessarily needing to reach FIRE to travel and take time off and do what you want to do. He shares how he prepared for the year, how he talked to his employer about the time off, how his family participated and everything else that went into making this adventure possible.
Today’s episode is brought to us by SoFi, the folks who help you get your money right. Paying off student debt quickly and getting your finances back on track isn't easy, but that’s where SoFi can help — they have exclusive, low rates designed to help medical residents refinance student loans—and that could end up saving you thousands of dollars, helping you get out of student debt sooner. SoFi also offers the ability to lower your payments to just $100 a month* while you’re still in residency. And if you’re already out of residency, SoFi’s got you covered there too.
For more information, go to https://www.whitecoatinvestor.com/Sofi SoFi Student Loans are originated by SoFi Bank, N.A. Member FDIC. Additional terms and conditions apply. NMLS 696891.
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!