The Journey Begins.. Sort Of
Hey there! I’m Some Random Guy Online. If you’re starting here, please take a few minutes to learn about me and the point this blog. Now that that’s taken care of, we can get this party started.
As you already know, I am a physician. I wasn’t born that way, though. I went to college and majored in Molecular and Cell Biology. After graduating, I worked in the biotechnology field for a few years with the idea of “gaining work experience.” I eventually got into medical school, which I had to completely finance using student loans. Four years and several tests later I was a “doctor.” I completed four more years of residency training and graduated in June of 2014. By the time I was a real doctor (attending) I had accumulated student loans totaling nearly $300,000. You read that right… $300,000! That’s enough to buy a house in some states. If that sounds like a lot, well, it is. According to the Association of American Medical Colleges (AAMC), the average indebtedness of a medical school graduate in 2015 was about $180,000. So I graduated with an above average debt burden, probably one of the few times that it sucked to be above average.
Anyways, fast forward to today and that $300,000 is down to about $160,000, which, for you math savants, is about half way through. At this rate, I will be able to pay off my loans in another year and a half. Once that’s accomplished, I’ll be one step closer to financial independence and being able to Peace The F_@k Out from my job!
That’s about it for my first post. Future posts will delve into how I became interested in personal finance, more specifics regarding my debt burden, as well as other components of PTFO-ing (i.e. planning, saving, investing, budgeting, spending). As I do have a bit of ADD, I may also drop random posts not related to finance. Heck, I might even do some reviews on movies and/or Netflix shows. We’ll see.
Thanks for reading!